What's Trending In Fashion (Burberry Admits Prices Were Too High, Murakami Louis Vuitton + More)

Welcome to another stream where we analyse the latest trending topics in fashion. Check Out My Fashion E-Book: https://www.thefashionarchivemag.com/shop Join My Patreon For Exclusive Content: https://www.patreon.com/fashionroadman Listen To My Streams On The Go Via SPOTIFY: https://open.spotify.com/show/30khAeSML8vrmhrbCL86Ca V I D E O S T O W A T C H N E X T: How Fashion Week Makes Designers Go Bankrupt - https://www.youtube.com/watch?v=abkrt5GfBLY&list=PLslCy-167FEOHq45hYvJ6jNWmVKBxmTiB&ab_channel=FashionRoadman How Karl Lagerfeld Transformed Chanel - https://www.youtube.com/watch?v=eraC0FXlU9Y&list=PLslCy-167FEMQo12QMH-R-hXjLCixt_Bv&index=10&ab_channel=FashionRoadman Why Luxury Brands Are A Big Waste Of Money - https://www.youtube.com/watch?v=zO8eaI78Jg8&list=PLslCy-167FEM7OO6n57sq54xYZkOr8d3J&ab_channel=FashionRoadman MORE INFO During the past two years, Burberry’s previous management initially defended price increases as a matter of keeping up with the Joneses — benchmarking against French and Italian luxury brands as part of its elevation strategy — before struggling to recalibrate merchandising fast enough to stem falling sales. Going forward, most bags will be priced under €2,000. “This is where we have had strong success in the past and where we were about 18 to 24 months ago,” Schulman said. Burberry, Michael Kors and Mulberry’s comments come as no surprise, as the notion that prices are simply too high takes hold across fashion.