Is luxury becoming less and less accessible? Prices for their products have skyrocketed after continuous price tags’ increments by luxury brands, that blame higher costs and inflation. Hermès, for example, said that in 2023 it will increase prices by a higher percentage compared to usual. Gucci’s CEO, Marco Bizzarri, was gave an enigmatic when asked…
From luxury to fast fashion: where will the price escalation peak?
