Black Dress, $50 Up!

Ok, online econ nerds, explain this one... why is Banana Republic touting the fact that they've increased the price on a black dress. Usually you see the slash through the old price, when there's been a cut. But an increase? What's up? (via Megan McArdle)

Comments

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Ha, perhaps to instill to deter saving and stimulate consumption, sort of like what inflation does in an economy.

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Ok, online econ nerds, explain this one... why is Banana Republic touting the fact that they've increased the price on a black dress. Usually you see the slash through the old price, when there's been a cut. But an increase? What's up? (via Megan McArdle)

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