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Agenda-setting intelligence, analysis and advice for the global fashion community.

Me+Em Hasn’t Raised the Price of Its Hero Product for 17 Years. Here’s How.

A direct-to-consumer strategy and cost discipline have helped the British brand grow without leaning on price hikes.
Me+Em February 2026 collection
Founder and chief executive Clare Hornby said the brand’s most compelling feature is its “quality-price ratio.” (Me+Em)

For consumers, years of sticker shock at soaring prices have given way to weary acceptance. Hikes that once sparked outrage on social media — such as the cost of Prada’s mini nylon bag zooming from $725 in 2019 to $1,270 today — are so common they rarely draw attention anymore.

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Further Reading

Why Almost Every Brand Is Moving Upmarket

Brands are elevating their offerings to avoid competition with Shein on the low end or capture high-end shoppers squeezed out by luxury's soaring prices, says the BoF-McKinsey State of Fashion 2026.

About the author
Cathaleen Chen
Cathaleen Chen

Cathaleen Chen is Retail Editor at The Business of Fashion. She is based in New York and drives BoF’s coverage of the retail and direct-to-consumer sectors.

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