Kate Spade's $500 Bag Commands Pricing Power

1 min read
Source: The Wall Street Journal
Kate Spade's $500 Bag Commands Pricing Power
Photo: The Wall Street Journal
TL;DR

Kate Spade's $500 "Margaux Satchel" handbag has become the brand's hottest item, demonstrating the company's pricing power and consumer demand for luxury goods.

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