U.S. Tariffs Put Luxury Brands’ Pricing Power to the Test

Luxury brands avoided the steepest tariff threat in the latest U.S.–EU trade deal, but a new 15% duty still puts pressure on already fragile sales. With consumer demand softening and price fatigue setting in, brands like Chanel, Louis Vuitton, and Dior must decide whether to raise prices again or risk profit declines. Will pricing power hold up, or will shoppers turn to resale markets instead? Read More on U.S. Tariffs Put Luxury Brands’ Pricing Power to the Test. Read More on U.S. Tariffs Put Luxury Brands’ Pricing Power to the Test

Wrap & Send’s 2021 Environmental Impact Savings

Around the globe, brand values and consumer expectations are driving more environmentally conscious policies and spending aimed at ameliorating the negative environmental impacts of carbon emissions, material waste, energy consumption and limited resources. While sustainability in the retail space began as just a buzzword, the global pandemic underscored the importance of nature for mental and… Read More on Wrap & Send’s 2021 Environmental Impact Savings

Global Supply Chain Disruption and Destruction

With retail supply chains in free fall all across the globe, the plans of retailers expecting to rely on a vibrant holiday season to at least match, if not exceed, that of last year are being squashed. Global supply chains are being disrupted and destroyed, and rising costs up and down the supply chain are forcing retailers to hike their prices up. Are retailers up for the challenge? Read More on Global Supply Chain Disruption and Destruction

Sustainability in Luxury Retail: No Longer an Option

Photo by Klára Vernarcová on Unsplash   Today, consumers increasingly demand so much more than just a quality product. As shoppers increasingly embrace social causes, they’re seeking products and brands that align with their personal values. While it might seem that sustainability is just another trend, in the face of our ever-changing climate, consumer demand… Read More on Sustainability in Luxury Retail: No Longer an Option