Is The Louis Vuitton Logo Hurting the Company’s Sales? Buy Handbags Boca Raton

Buy Handbags Boca Raton


We all know that the market of designer handbags is enormous. First, because of the huge amount of brands that have been in the market and second, because of famous designers who were only focus on other type of items are now seeing the amount of profit they can make selling handbags. When we talk about luxury handbags, out of all the designers, one name always come up, Louis Vuitton. Buy handbags Boca Raton.

Louis Vuitton one of the top designer brands in the world. It is almost impossible to go anywhere without seeing at least one handbag with that famous LV logo all around, being carried by another woman who could not resist the “LV monogram fever”. But, for how long the LV logo can keep the company on top?

When Louis Vuitton announced their third quarter sales, a lot of people were surprised with the numbers. The 4% growth compared to last year and the expected 10%, came as a red flag and brought some questions about for how long a designer brand can make money just by having their initials all over their handbags.

Reports show that the classic LV logo it is gradually losing its power. The company accessories and handbags that carry the LV logo are so easy to find that people are not looking at those items as exclusive luxury anymore. The word “exclusive” was replaced with “accessible” and when we talk about accessible luxury, Coach and Michael Kors are definitely taking over. Not only because they have cheaper prices, but for the fact that LV, with their much higher prices for their handbags, does not want to be associated with the label “accessible luxury” brand.

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All that said, Louis Vuitton is not wasting time. Raising the prices and pushing their Capucine leather handbags have been the best options to steer the company away from the “accessible luxury” market. The bottom line is that Louis Vuitton lovers know what the brand represents and will always be loyal to the brand. That is also why if you are looking to buy a pre-owned Louis Vuitton handbag, just go to Boca Raton Pawn.



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