{"id":132560,"date":"2020-06-23T15:56:52","date_gmt":"2020-06-23T13:56:52","guid":{"rendered":"https:\/\/highxtar.com\/?p=132560"},"modified":"2020-06-23T15:56:52","modified_gmt":"2020-06-23T13:56:52","slug":"gucci-raises-the-price-of-their-bags-due-to-the-covid-19","status":"publish","type":"post","link":"https:\/\/highxtar.com\/en\/gucci-raises-the-price-of-their-bags-due-to-the-covid-19\/","title":{"rendered":"Gucci raises the price of their bags due to the COVID-19"},"content":{"rendered":"<p><strong>After <a href=\"https:\/\/highxtar.com\/chanel-is-raising-prices\/?lang=en\">Chanel and Louis Vuitton raised the prices of their accessories, Gucci<\/a> made the same decision. This change comes to combat the losses of the first two quarters of the year. The pandemic has had a huge impact on the luxury sector and we are already suffering the drastic consequences.<\/strong><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-132555\" src=\"https:\/\/highxtar.com\/wp-content\/uploads\/2020\/06\/highxtar-gucci-sube-precios-bolsos-1.jpeg\" alt=\"Gucci\" width=\"1024\" height=\"683\" srcset=\"https:\/\/highxtar.com\/wp-content\/uploads\/2020\/06\/highxtar-gucci-sube-precios-bolsos-1.jpeg 1024w, https:\/\/highxtar.com\/wp-content\/uploads\/2020\/06\/highxtar-gucci-sube-precios-bolsos-1-300x200.jpeg 300w, https:\/\/highxtar.com\/wp-content\/uploads\/2020\/06\/highxtar-gucci-sube-precios-bolsos-1-768x512.jpeg 768w, https:\/\/highxtar.com\/wp-content\/uploads\/2020\/06\/highxtar-gucci-sube-precios-bolsos-1-973x649.jpeg 973w, https:\/\/highxtar.com\/wp-content\/uploads\/2020\/06\/highxtar-gucci-sube-precios-bolsos-1-508x339.jpeg 508w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>Gucci&#8217;s adjustments were detailed in a report by <strong><a href=\"https:\/\/www.channelnewsasia.com\/news\/business\/gucci-hikes-handbag-prices-to-curb-coronavirus-hit--says-analyst-12853600\" target=\"_blank\" rel=\"noopener noreferrer\">Jefferies<\/a><\/strong> analysts, which shows increases of between five and nine percent in the silhouettes of <strong>Dionysus<\/strong> and <strong>Zumi<\/strong> bags across China, Italy and the UK.<\/p>\n<p>Labels such as <a href=\"https:\/\/highxtar.com\/johnny-coca-returns-to-his-roots-and-signs-with-louis-vuitton\/?lang=en\"><strong>Louis Vuitton<\/strong><\/a> and<a href=\"https:\/\/highxtar.com\/the-chanel-ss20-eyewear-is-a-thing-for-familiar-faces\/?lang=en\"><strong> Chanel<\/strong> <\/a>have also followed the same business movement, confident that their customers will remain loyal despite the price increases.<\/p>\n<p><strong>&#8220;We are not surprised that Gucci is following suit with opportunistic price increases in an attempt to mitigate the contraction in revenue,&#8221;<\/strong> says analyst Cereda.<\/p>\n<p>Although it is not yet known when the price increase will occur, it seems to be a definitive decision.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After Chanel and Louis Vuitton raised the prices of their accessories, Gucci made the same decision to combat the losses of six months.<\/p>\n","protected":false},"author":11,"featured_media":132559,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[603],"tags":[1196,1996],"class_list":["post-132560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fashion-en","tag-chanel-en","tag-covid-19"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin  - 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