Coach and Michael Kors Tie-Up Shows Limits of Accessible Luxury
2023年8月31日小于 1 分钟
In the aspirational
world of luxury, affordability is a tough
sell. Of course, that wasn’t the reason that Coach owner Tapestry gave for pursuing
an acquisition of Capri Holdings, which owns accessibly priced Michael Kors, as well as high-end brands Versace and Jimmy Choo. But growth in the less-expensive luxury category has undeniably
lagged
behind the lofty
growth experienced by high-end peers
. And with its core customers—those with incomes comfortably above the national median but far below the top 1%—feeling squeezed
, growth looks difficult without scale.
tips
aspiration 渴望;志向(aspire 渴望;inspire 激励)
tough 艰苦的;严厉的
pursue 追求
undeniably 不可否认
lag 落后(可能来自lug,用力拖拉)
lofty 高的;傲慢的;崇高的(loft 阁楼)
peer 同行
squeeze 挤压