You can imagine the sadness in my heart to hear that LV is closing an hour early in Paris because they are saving up inventory for the upcoming holidays. (Cue Rick) BUT is their business strategy fab or miz?
Luxury retailer Louis Vuitton has begun closing its Paris shops an hour earlier than usual, in an effort to conserve inventory for the upcoming holiday season. The company's luxury bags are particularly popular among Japanese, Chinese and Russian buyers, who say the brand's leather bags are often cheaper in the French capital than at home.
I am not EXACTLY sure why the brand's products would cheaper in Paris than anywhere else BUT I do know I have mixed feelings about a store closing early to save on inventory. My assessment – MIZ – while making more product might not be an option (you don't want to saturate the market) why not offer more products? BUT – what do I know – you decide! FAB OR MIZ!!!!!!
ps – The photo above is a LV trash bag – there is nada more fabulous than showing your neighbors your trash is better than theirs!! RICK – join me in saying – RIDIC!!!!!!!!!!