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Prices on Luxury Handbags and Sleepwear Rise as Retail Tries to Right Itself

Join McKinsey & Company, NewTimes Group, Arvind Limited, Asmara, Google, Bluesign, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Brands and retailers across the globe have been dealt heavy blows throughout the Covid crisis, but they’re hoping new pricing strategies can help turn the tides. Retail is attempting to course correct after months of margin-busting deep discounts that have damaged brand value, according to data from fashion intelligence platform Edited. Luxury labels are looking…

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