The Price of Things to Come

I keep thinking if prices for luxury items can keep raising, like my Chanel sunglasses that I have had for over 4 years that used to cost around $100 are now over $200...is that because of demand, or just because they know they can do it?  Well, according to WSJ, there are some luxury brands that are putting the economy into consideration when marking the prices for fall 2009 and that is Badgley Mischka.  I doubt they are going to take away any of the detail in the garment, but just adjust the price for the customer which makes sense.  I hope other designers follow this new idea.