{"id":47441,"date":"2024-11-29T02:49:22","date_gmt":"2024-11-29T02:49:22","guid":{"rendered":"https:\/\/www.aplf.com\/2024\/11\/29\/luxury-the-impasse-of-the-brands\/"},"modified":"2024-11-29T02:49:34","modified_gmt":"2024-11-29T02:49:34","slug":"luxury-the-impasse-of-the-brands","status":"publish","type":"post","link":"https:\/\/www.aplf.com\/zh-hant\/2024\/11\/29\/luxury-the-impasse-of-the-brands\/","title":{"rendered":"Luxury &#8211; The impasse of the brands"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"47441\" data-post-id=\"47441\" data-obj-id=\"47441\" class=\"elementor elementor-47441 dce-elementor-post-47441 elementor-47436\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-372d15d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"372d15d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-865f172\" data-id=\"865f172\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-35eab76 elementor-widget elementor-widget-text-editor\" data-id=\"35eab76\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: left;\">29 November 2024<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-23791b0 elementor-widget elementor-widget-heading\" data-id=\"23791b0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Luxury<br><br>The impasse of the brands who betide those who raise prices, but also those who lower them<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0ecead1 elementor-widget elementor-widget-image\" data-id=\"0ecead1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"600\" height=\"274\" src=\"https:\/\/www.aplf.com\/wp-content\/uploads\/2024\/11\/image-19.jpg\" class=\"attachment-large size-large wp-image-47439\" alt=\"\" srcset=\"https:\/\/www.aplf.com\/wp-content\/uploads\/2024\/11\/image-19.jpg 600w, https:\/\/www.aplf.com\/wp-content\/uploads\/2024\/11\/image-19-500x228.jpg 500w\" sizes=\"(max-width: 600px) 100vw, 600px\" style=\"width:100%;height:45.67%;max-width:600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6e90803 elementor-widget elementor-widget-text-editor\" data-id=\"6e90803\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The price bubble has turned into a deadlock for brands. Analysts are wondering about possible solutions: they exclude the hypothesis of continuing with increases, but also that of starting with decreases. It would be another mistake that would make customers flee. By <a href=\"https:\/\/www.laconceria.it\/en\/\" target=\"_blank\" rel=\"noopener\">La Conceria<\/a>.<\/p>\n<p><strong>The impasse of the brands<\/strong><\/p>\n<p>Luca Solca, an analyst at Bernstein, has drawn up a sort of price increase ranking with WWD. Between 2020 and 2023, Dior increased by 66%, Chanel by 59% and Moncler by 54%. They are not the only ones who have stepped on the accelerator: Prada &#8216;s prices have grown by 43%, Louis Vuitton by 31%, Saint Laurent by 25% and Gucci by 21%. Herm\u00e8s and Burberry, to complete the picture, have recorded increases of 20% and 18% respectively. For Solca, brands can correct their aim in only one way: by introducing new products with a lower entry price. But also, by &#8220;strengthening the content of products that have had an increase in price&#8221; and increasing &#8220;innovation to encourage consumers to buy, regardless of the price&#8221; added Solca.<\/p>\n<p><strong>No room for mistakes<\/strong><\/p>\n<p>Analysts are talking about broadening the offer at the base. Because reducing the prices of iconic leather goods, explains Jean Revis (co-founder of the consultancy firm MAD), would be a mistake. \u201cSomeone who bought a bag for 5,000 euros and six months later finds it for 4,000 euros will never buy from the same brand again\u201d. So what can brands do? For example, they could launch products at lower prices because they are either smaller or made of cheaper materials. Revis, similarly to what Solca proposed, suggests increasing the perceived value of existing bags by adding more functionality, for example with a pocket, a zip or reversibility. \u201cSomething that makes the bag more sophisticated at the same price,\u201d he says. \u201cThe value perceived by the customer is important. Reducing quality is an option that no brand can afford\u201d.<\/p>\n<p><strong>The return of diffusion lines<\/strong><\/p>\n<p>The impression, we add, is that analysts recommend reintroducing (under false pretenses) the reviled \u201cdiffusion lines\u201d. Remember the various D&amp;G, Red Valentino, Marc by Marc Jacobs, Versus Versace (and so on and so forth)? Secondary brands have long been a vehicle for commercial expansion in segments of the public (the so-called aspirational) that could not afford the prices of primary rands. In the last decade, in conjunction with the start of the season of price increases, companies have progressively abandoned diffusion lines because they \u201cdiluted the brand\u201d (that is to say: they damaged its prestige). That source of revenue, however, is missed: apparently, we must prepare for its return. <\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-49d36fd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"49d36fd\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-71c72f4\" data-id=\"71c72f4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>29 November 2024 Luxury The impasse of the brands who b&hellip; <a class=\"more-link\" href=\"https:\/\/www.aplf.com\/zh-hant\/2024\/11\/29\/luxury-the-impasse-of-the-brands\/\">\u95b1\u8b80\u5168\u6587 <span class=\"screen-reader-text\">Luxury &#8211; The impasse of the brands<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":47439,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-47441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news-tc","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Luxury - The impasse of the brands - APLF Limited<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.aplf.com\/zh-hant\/2024\/11\/29\/luxury-the-impasse-of-the-brands\/\" \/>\n<meta property=\"og:locale\" content=\"zh_TW\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Luxury - The impasse of the brands - APLF Limited\" \/>\n<meta property=\"og:description\" content=\"29 November 2024 Luxury The impasse of the brands who b&hellip; 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