Hey everyone!
I'm am sure many of you have noticed that many well known and popular brands have been steadily raising their prices over the past couple of years. J.Crew has raised the prices of many of their cardigans and pants. Several of their cargo and twill pants have gone up $10 in price. Originally priced at 79.50, the Minnie twill pant now sells for 89.50. Gap is starting to market to high-end consumers also, with less sales and more of their clothes selling at high prices. Cardigans at Gap are priced upwards of $60... at Gap! Really?? If any of you have gone to J.Crew stores in New York City, you probably have seen their trench coats and cocktail dresses that are priced at an astonishing $800-$2000 dollars. These are clothes being sold at chain stores, not designer boutiques. It's interesting that with America still recovering from the recession and the high unemployment rate, companies are still able to profit with these outrageous prices. For those fashion savvy yet budget controlled people out there, the best plan is to keep a steady eye on the sale racks because it doesn't look like these prices are coming down anytime soon.
This sweater from Gap: $64.95
J.Crew top: $198 (mind you it is currently sold out so you will have to wait)
and for $298 you can have this mustard sequined zip up! ...
Don't get me wrong, some stuff at J.Crew is fabulous and I am a big fan of many of their clothes, but I wouldn't spend even $20 for a sweater like the one above.
As always,
Newlin