The company won't put items on sale, essentially so their regular clients will still feel special carrying the overpriced goods. I see both sides of the argument here. People flock to luxury because of the exclusivity and their seemingly large disposable income. If you pay money for a label, big money, you probably don't want everyone on the street carrying a handbag from the store or wearing the same dress you have coming out of say, a Ford Focus when you drive a 6 series BMW. That's all well and good. However...
It's and arrogant choice by the company to ignore the global financial crisis and just bad business. Would you rather have a store full of clothing and accessories with three CEOs walking around to maintain the look of your brand or a half empty store with the cash registers filling up?
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