Posted by: in Uncategorized
In December, I wrote a post about the Nintendo Wii shortage asking if Brandcurve readers thought it was real or manufactured. Whether or not it was real, demand certainly skyrocketed as customers scrambled to get their hands on a Wii before the holidays. Now, it seems the manipulation of supply and demand is happening in the designer handbag category.
Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman have each created a limit on the number of pricy designer handbags a customer can purchase to 3 within 30 days. At first, it might seem like a strange restriction based on the pricetags these brands have on them. For example, brands like Prada and Botega Venetta sell purses that cost nearly $1500.00. However, the limitation is meant to deter foreign buyers from stocking up on the expensive bags while the U.S. dollar is so weak. It seems foreigners purchase the purses then resell them in Europe and Asia for a nice profit.
Interestingly, one designer handbag company, LVMH who owns famous designer brands such as Dior and Givenchy, sells it Louis Vitton bags strictly through its own website, eLuxury.com. The LVMH policy limits buyers to just 2 handbag buys per calendar year.
What do you consider these restrictions? Will they work to increase demand of the brands with buy limitations? Will they help in reducing the resale market?
Share This
Share This
Share This
No Comments »
Posted by: admin in Today
'Guru of Wall Street gurus' bets on value investing - Sify
|
No Comments »
Posted by: in General News
There’s never been a superior time to invest green but which banks are leading the pack? Douglas Cogan, Director of Climate Change Research at the RiskMetrics Group recently analyzed the top 40 financial institutions in terms of their “greenness” and found what he calls “encouraging progress.”
The top-ranked bank was HSBC and Citigroup and Bank of America rated highest among US institutions. At the bottom of the list were Bank of China and Industrial Bank of China.
The report, Corporate Governance and Climate Change: The Banking Sector, looked at issues like addressing climate change, calculating greenhouse-gas emissions and setting reduction targets, support of alternative energy projects, partnerships with environmental groups and developing positions like Chief Environmental Officers.
Do you think banks are doing enough to go green?
More:
Via CSMonitor
Share This
Share This
Share This
No Comments »
|
Entries (RSS)