Week in Review: Gucci's executive shakeup, Ralph Lauren's price hikes, the Lyst Index
The Glossy Podcast
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Ralph Lauren's Raising Prices
Ralph Lauren has increased the average price of its goods by about 80%. The American brand is raising prices to make it a more luxury offering. So I think it's interesting to see if this approach is going to work from them. And initial kind of analyst reactions have been that it hasn't really paid off so far.
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