Some Luxury Brands Have Priced Themselves Out of Reach
·1 min
Sales growth in the designer fashion industry is becoming more divided as aggressive price strategies play a significant role. The industry is experiencing a polarization, with some labels achieving strong sales growth while others struggle. The discrepancy can be attributed to the varying price approaches adopted by different fashion brands. Those implementing aggressive price moves are seeing better results compared to their counterparts. This trend highlights the importance of pricing strategies in the success of designer fashion labels.