Image of a Chanel bag that costs RM 46,590 in March which has now increased to MYR 51,080 (on Chanel's official website.
The discussion of how sales are bad for the luxury fashion industry is one of the most talked about topics on social media. However, there is a fear among fashion lovers on the crackdown of the pre-loved stores. Luxury brands are using the guise of authenticity of these pre-loved products as a way to possibly crackdown on these boutiques.
Vogue Business states, Chanel won its case against luxury reseller What Goes Around Comes Around (WGACA). The jury unanimously ruled in favor of Chanel on trademark infringement, false association, unfair competition, and false advertising claims.
WGACA CEO Seth Weisser expressed disappointment with the verdict but vowed to pursue further legal options.
This case highlights the importance of rigorous authentication in the luxury resale market. As secondhand retailers face increased scrutiny, the ruling aims to protect consumers from counterfeit goods, potentially raising quality standards across the industry.
In the last few years, the quality of these fashion houses are allegedly declining. Consumers are complaining about how “low quality” their purchases from these brands are. Adding on to the major price increases these brands are enduring themselves into, it is making the consumers think twice before purchasing their items.
New Thinking states that these fashion houses are getting away with lowering their quality. They add that the brands are now focused on hitting on their statistics to appease their stake/stock holders. It is alleged that leisure wear that are designer are made with less care and quality than a suit and loafers.
Even Redditors are having discussions regarding the issue. Many complain that the brands are now just copying each other blatantly and replacing the logo on their “new” bags that look arguably similar to their competitor’s.
Regardless, some state that the fashion industry will come to a rude awakening soon, with less and less customers popping into their stores as of late. It is unclear what the future holds for these brands, but many are waiting to see a change happen.
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