Why Louis Vuitton doesn’t Di$count…
Tuesday, August 5th, 2008
(I love a man who knows how to shop! This is Cristiano Ronaldo, getting it done!)
I thought this was an interesting quote from an interesting article, “The Economics of Discounting”:
“Discounting smacks of desperation,” says Liz Gunnison. “That’s why brands like Louis Vuitton and Apple don’t do it.”
Again, we can all say what we will about Louis Vuitton’s price increase policy- and about their not discounting- but who is not only weathering this economic storm- but thriving as if it doesn’t exist?
They’ll continue to raise prices as the dollar drops- and we’ll just keep paying. It’s just what we do 
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