Strikingly, luxury brands appear to be weathering the conditions relatively well. Strikingly, luxury brands appear to be weathering the conditions relatively well. They are able to set their own prices, from raw materials to labour to what customers pay for their products. Yet in an apparent contradiction, luxury brands will in effect be spared, on the basis of protecting their intellectual property rights. "Like all the métiers d’art [art professions] supported by Chanel, Barrie works with other leading fashion names.
Source: News 24 December 11, 2020 06:45 UTC