One bag at a time
If you're new here, you may want to subscribe to our RSS feed. Thanks for visiting!
We’ve all heard about suppliers limiting the number of technology gadgets that you can buy. For example, you can’t order 25 Nintendo Wiis at once, even if you have the money to pay for them.) But did you know that designer handbags are also on the “one item per customer” list?
The motive behind the regulation isn’t the same for handbags as it is for tech toys. With gadgets, the reason is that demand is high. Customers who purchase in bulk and cause stores to run out of items can then resell the items at a higher cost, driving up the price for consumers. The rule limits this. In contrast, the rule for handbags has little to do with demand. Instead, it’s all about location. Suppliers fear that foreign buyers will snatch up all of the bags at American prices and then resell them at higher value in European markets, depleting supply in the U.S.
Chances are that this doesn’t affect most people since the cost of a designer handbag is more than a pretty penny. But for those people who do have concerns, additional information is available from Reuters.
Email This Post
Print This Post
Discussion Area - Leave a Comment