Posted on 09/05/2025 5:38:44 AM PDT by fluorescence
A handful of apparel retailers including Levi's and Aritzia are teasing more full-priced products, testing how much wealthier shoppers are willing to pay despite the sobering effect of tariffs.
They have not been disappointed so far.
Levi Strauss, for instance, raised prices on some products in July but saw no slowdown in demand, the denim maker's chief financial officer, Harmit Singh, said at the Goldman Sachs Global Retailing Conference in New York on Wednesday.
"We are making a full-court press in selling higher full-price than we have done in the past," he said. "The Levi's consumer largely earns $100,000 and over. And that consumer we are seeing is generally resilient."
Aritzia's finance chief echoed that, saying there had been minimal impact on how much the U.S. customer was ordering after the high-end clothing maker raised some prices earlier this year.
The company, whose clothes are worn by celebrities including Beyonce, Bella Hadid and Pamela Anderson, does not plan to chase promotions and discounts this holiday season, offering instead just one week of sales during Black Friday and then going full price after Cyber Monday for the rest of the season.
"With every passing week we become more confident that consumer resilience is going to hold," the Canadian retailer's CFO Todd Ingledew said at the conference on Wednesday.
While lower-income households are hunting for bargains as U.S. President Donald Trump's trade war has forced companies to raise prices, wealthier consumers are buying steadily, largely unaffected by the cooling labor market.
Stock market gains and low credit card debt have bolstered the finances of the affluent. According to Moody's Analytics, the richest 10% of Americans - those earning at least $250,000 a year - now account for half of all consumer spending.
(Excerpt) Read more at msn.com ...
Yeah...my hub just ordered some Wranglers
Full-Price Strategy = Price Gouging
call it like it is
If I was making a hundred thousand dollars a year I wouldn’t be buying 60 dollar jeans. I don’t care how much money I make I am not paying full retail for anything except gasoline and certain food items.
Well, waaaahhh. My coffee is 25 cents a cup because I get it from the discount shelf in the back of Safeway.
I am still drinking delightful Pumpkin Spice K-Cups from last year at 12.5 cents each. I am not revealing the brand or the store as I plan to repeat it this year. When the season ended they put all the remaining boxes on closeout on a small shelf in the back. I got myself a shipping cart and bought all of them at $2 per box.
You cant donate to Salvation Army or local church thrift store?
What a waste......maybe our governor Ron needs to know about this. Im sure the taxpayer paid for most of it anyway
Check your local thrift stores. I volunteer for one and the new clothes that we get is staggering. Alot of stuff is gently used. Of course, more womens clothing is donated then mens.......cuz you guys never throw stuff out. Although, suits and long sleeve shirts are in abundance. Because everybody moves to Florida and gets rid of their suits, long sleeve shirts and the like.
We have customers that come down every winter and load up on all that stuff and take it back with them. We sell alot of luggage so they can stuff all their “new” stuff in it.
These are not your Grandma’s thrift stores anymore.
“You cant donate to Salvation Army or local church thrift store?”
The courts’ view anything left by the renter as the renter’s property. A friend felt bad about essentially ruining a renter’s stuff by leaving it out in the rain, so he rented a storage shed and moved it there. He told the guy where to get it. He immediately got served with a lawsuit for theft, which he promptly lost. People are almost universally angry for getting evicted only because they weren’t paying the rent. The last people I evicted told everyone in their church what an evil bastard I was. One of congregants called me while his wife listened in and told me what they were saying. I told him, “We threw out over twenty full bags of kitchen garbage that they ‘forgot’ to take to the curb. There are roaches on every surface. Please come by and smell the place.” He did. But the point is, the anger is there, it’s real and I have to deal with it.
There’s probably some leeway, but nobody I know is willing to explore what that might be. When people leave things, they might later sell, like unlicensed vehicles, I have bent over backwards to make darned certain they’re gone by the time I rerent. Generally, when I have to throw someone out and this problem arises, I have to work on the place for months afterwords, so it hasn’t been an issue. If it became one, I’d send a legal notice with my intention to have whatever is left removed as scrap. (Which I am not allowed to profit from. It’s entirely my expense.) Haven’t had to do that even though it took the last such miscreant several months to come get his nonfunctioning motorcycle.
Goodwill is getting picked over by Goodwill and the good stuff is online.
I check at least once a week. It may vary depending on location. We have a LOT of immigrants.
Thanks for the explanation. It just seems so wasteful. You would think that you might be able to sell things that are left behind because you as the landlord have lost income from these tenants. Scofflaw rights appear to trump tax paying citizens rights.
If you live near an upscale area, check their thrift stores.
It might be worth the drive. Usually there are several stores in an area. Check all of them out. Some are better than others. Goodwill is a complete rip off, you might as well buy at Walmart etc. Salvation Army used to be really good but not so much anymore. Try Hospice thrift stores if you have any nearby. Lots of really good things in most of them.
Your best bet might be church thrift stores. We have held our line on prices because we dont pay rent(because it is on church property) and we only have 2 paid positions so the costs to operate are very low.
Also if you are retired, think about volunteering at one. That way you can see how things work. How many donations per week etc. Every thrift store is looking for volunteers. We have guys that like to fix things, one older gentleman just comes in to sweep the floors, and a woman that just folds bags for us. There are so many jobs across the board at most places.
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