$5,000 Pants & Phoebe Philo Inflation

On a very special second episode, Lauren chats with fashion super-buyer Elizabeth von der Goltz—the hidden hand behind everything you see in stores—to discuss how the pricing business really works: why clothes get marked up, when they get marked down, the rise of “quiet luxury” (ugh) and what makes Loro Piana and Hermès so freaking expensive.  For a 20 percent discount on Lauren's fashion business newsletter, "Line Sheet", click www.puck.news/fashionpeople To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices