goods celine boston bag market amid a recession
What’s the blessing part?
In the handbags and shoe markets right now, retailers are looking for price points at or under $500. The retailers are being very clear. They don’t need another new brand at the higher-end designer price. Retailers celine nano bag who wouldn’t look at lower price points 18 months ago are now looking more towards accessible luxury. If I called them a year ago, they wouldn’t have taken my phone call, and now it’s exactly what they’re looking for. We feel like we’re in that $300 – $500 sweet spot, especially for the retailers that we’re targeting. It’s their new opening price point.
My team and I are very involved with our Italian counterparts in being sure that the product that is being brought to the United States is appropriate for this market. We have expertise in this market; we’ve all lived here; we’ve lived it, breathed it for many years. or anywhere, is they really don’t understand the difference in that market compared to their home market, whether it’s something as silly as the length of shoulder strap or the ornamentation or whatever it might be, it’s very important that they do that. And our Italian partners are very open to the feedback from my team. My team works with each brand, going through the upcoming products to be sure that we have all the right silhouettes, all the right colors.
What about making the pricing right, especially during the recession?
We’ve done a matrix and we’ve done a study, and asked on a brand-by-brand basis, where do we need our price points to be? And then we literally go to our Italian partners and say to them, this is where we would like to see this product, and we try to work with them to help us getting the appropriate retail price. It’s almost working from the retail points backwards, and establishing a price point that we want to mulberry outlet UK be at, that this recession consumer is looking for.
So you’re working backwards?
That’s the approach we’re trying to take. The brands are very open and they know we have to do it the right way, so it’s a very collaborative effort to get the pricing and the silhouette and the color and everything about it. It’s all connected. If it’s the wrong price, I don’t care what the silhouette is; if it’s the wrong silhouette, it doesn’t matter what the price is. what I would tell you is develop an infrastructure here that really nike air max understands this market, hire people that you trust to give you the appropriate information, and actually listen to them. That’s not necessarily the case. as just one homogenous market, and it’s not. The country is basically the size of western Europe, geographically, so you have the cold winters and the desert, and people below the Mason Dixon line celine cabas tote that aren’t going to buy things that are heavier with fabrications and things like that. is a cost competitive market for advanced manufacturing and that GE is bringing jobs back from Mexico. Play
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