--- title: "Mid-range luxury brands survive during periods of fashion downturn" description: "During the period of fashion downturn, ultra-luxury brands such as LVMH saw sales below expectations and faced competitive pressure. Meanwhile, mid-range brands like Coach gained market attention with" type: "news" locale: "en" url: "https://longbridge.com/en/news/242714216.md" published_at: "2025-06-01T12:16:31.000Z" --- # Mid-range luxury brands survive during periods of fashion downturn > During the period of fashion downturn, ultra-luxury brands such as LVMH saw sales below expectations and faced competitive pressure. Meanwhile, mid-range brands like Coach gained market attention with their more affordable Tabby bag, demonstrating the survival capability of mid-range luxury brands in the current market environment Ultra-luxury brands are losing their luster, while mid-range competitors are profiting from it. Industry leader LVMH Moët Hennessy Louis Vuitton SE reported that its latest quarterly sales fell short of expectations and was accused of pricing a Dior bag at $2,800, while its cost was only $60. Meanwhile, Tapestry Inc.'s Coach has captured the spotlight with its $495 Tabby bag—this popular bag costs only a fraction of similar shoulder bags from Dior or Chanel ### Related Stocks - [LVMUY.US - Louis Vuitton](https://longbridge.com/en/quote/LVMUY.US.md) - [TPR.US - Tapestry](https://longbridge.com/en/quote/TPR.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Key facts: Bernard Arnault boosts LVMH stake to over 50%; 2025 financials released | Bernard Arnault bought $407 million in LVMH shares, totaling 757,000, to boost family ownership above 50%. LVMH's market | [Link](https://longbridge.com/en/news/275837717.md) | | LVMH Highlights LIFE 360 Environmental Program at World Impact Summit | LVMH - Moët Hennessy Louis Vuitton SE showcased its LIFE 360 environmental program at the World Impact Summit in Paris o | [Link](https://longbridge.com/en/news/275493942.md) | | Nvidia's new Meta deal may not be great news for these other tech stocks | Nvidia's expanded partnership with Meta has negatively impacted shares of competitors like Broadcom, AMD, and Arista. Me | [Link](https://longbridge.com/en/news/276186338.md) | | Robinhood to Launch Private Markets Fund for Retail Investors – These Are Its Holdings | Robinhood has launched Robinhood Ventures Fund I, its first closed-end fund, set to trade on the NYSE under the ticker R | [Link](https://longbridge.com/en/news/276167795.md) | | Western Digital to sell $3.17 billion stake in Sandisk | Feb 18 (Reuters) - Flash memory maker Sandiskon Wednesday said that Western Digitalwill sell a stake worth $3.17 billion | [Link](https://longbridge.com/en/news/276201046.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.