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Analysis: Here’s the impact of Chanel’s latest price hike on the luxury industry

Inside Retail

But most industry experts believe Chanel’s price tinkering is all part of a strategy to boost the brand’s status amongst its competitors, namely Hermès and a handful of LVMH-owned subsidiaries. Rumours of another price hike, to leverage higher demand in the run up to Christmas, began circulating around November. Creating scarcity.

Boutique 130
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An Indie Retailer’s Guide To Success With CBD & Cannabis Wellness & Beauty Brands

RetailMinded

The meteoric rise of the savvy indie Mom-and-pop wellness boutique, along with the fact that customers of all ages are now demanding plant-based wellness alternatives like CBD and Cannabis Beauty, Wellness and Food & Beverage, has set the stage for retail liftoff. Here Are 5 Essential Strategies. SOPHISTICATION & STORYTELLING.

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Analysis: How LVMH price hikes will reverberate throughout luxury

Inside Retail

Price hikes drive urgency in China As rumours of the price adjustments began circulating, several Chinese bloggers posted the latest prices of key Louis Vuitton products, indicating much higher price increases for customers in Asia. Price hikes drive urgency in China. per cent and 20 per cent – respectively.

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Trends in Sustainable Store Design

Greater Group

The strong focus on climate revolution is pushing major industries such as retail to develop strategies that contribute to saving the planet and people while sustaining profit. Luxury fashion brand Stella McCartney opened a sustainable boutique of her popular label at the Old Brompton Street in London in 2018. Energy Efficient.

Design 52
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From Cobblestones to Cyberspace: VMSD Celebrates Its 125th Year of Service to the Retail Industry

VMS

In the late 19th and early 20th centuries, well before high-end shops and boutiques graced the iconic retail corridors of Fifth Avenue, Champs-Élysées and Via Monte Napoleone, consumerism and desire became a driving force in Western culture. Within a few short months of its debut, circulation grew into the tens of thousands.