Telfar Clemens Talks Price Increase & Telfar Bags Selling Out
Telfar Clemens’ namesake genderless brand Telfar has one of the most in-demand luxury handbags in the market. Every time the fashion label drops the new shopping handbag collection, it sells out in minutes leaving fans who were unable to purchase them in time to complain about it on social media.
What makes Telfar bags appealing is their luxury look and feel, which is made of vegan leather and affordable price that ranges from $150-$257. However, the designer’s latest handbag had customers in an uproar due to its price.
can’t lie that telfar circle bag is cute but not paying that price
— tay. 🤍 (@taylorrboatt_) March 10, 2022
In February, during New York Fashion Week, Telfar unveiled the Round Circle Bag that retails at $567. What makes this bag different from the beloved shopping bag is that its signature T logo is a part of the bag’s structure versus it being embossed into the shopping bag. It also comes with a detachable strap so that you have a choice of wearing it as a top handle bag or a crossbody bag. But the clear differences in bags didn’t stop fans from expressing disappointment with the price increase.
I have a telfar but imo the pricing was already a little high for the quality of the bag. I love it but I can’t say I’ll be buying another one
— Aricole | Infrastructure PM (@Aricole16) February 17, 2022
The Liberian designer stopped by The Breakfast Club on Monday and had this to say about the backlash he received.
“If you consider me a designer, luxury brand— there’s designer bags way more expensive than this and nobody’s saying anything about this,” he said.
“Also two, I think people that two, don’t know about the brand and think that I’m raising the price of the regular shopping bag, which I priced that specifically based on what I was making as a DJ at night. Like $120 bucks was what I got for DJing an hour set and I know I could have afforded that if I did three gigs that night or week.”
Telfar also addressed whether or not there was enough supply for the demand since the bags always sell out. “We do make enough bags, but it’s just increasingly more people that want to get a bag and there’s always more people than the bags that we make. We dropped thousands of bags each time that we dropped a bag.”
Later on in the interview, he praised the customers that have supported his vision. “I’m not a regular fashion brand if anything it’s the community that made this brand what it is, it’s really important to nurture that,” he said. “It’s why we have a TV station now. We talk to people all day long. Not me personally, but someone is talking to someone all day long.”
But while there may be new handbags in the future, the Brooklyn native reiterated that the shopping bag price will stay the same
xoNecole asked our Facebook followers if Black-owned businesses unfairly receive more criticism for raising prices or does this much of a hike warrant push back?
One commenter wrote, “Coach, MK, and others have done the same. I bought an MK bag, in October for half the price they’re selling that same bag for now, just a different color. It’s a spring color, so I understand it costing more, but double?? Nah, I’m good.
Saying that to say this, it doesn’t matter the brand (for me) or the color of the person/people behind the brand, a price hike (gouging), is a price hike. And unless it’s reasonable, I’m not buying it!”
Another, “Why should all of his bags stay the same price? He never went up on the shopping bags those stayed the same. (As he said they would) lmao @ people thinking all of LV and Prada bags are real leather.”
Telfar bag secured 💛🥰
— regulation hottie 💕 (@Alexzand3rr) March 14, 2022
One said that Telfar can do as they please, “Well somebody will pay for it. They have a right to increase their prices. These bags are in high demand.”
But some people still think that the price jump is too much. “Why such a big price jump? Maybe the people that really supported them can only afford around $300…now they moved it up to $600. That seems excessive.”
How do you feel about the price increase?
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This Black Woman-Owned Creative Agency Shows Us The Art Of Rebranding
Rebranding is an intricate process and very important to the success of businesses that want to change. However, before a business owner makes this decision, they should determine whether it's a rebrand or an evolution.
That's where people like Lola Adewuya come in. Lola is the founder and CEO of The Brand Doula, a brand development studio with a multidisciplinary approach to branding, social media, marketing, and design.
While an evolution is a natural progression that happens as businesses grow, a rebrand is a total change. Lola tells xoNecole, "A total rebrand is necessary when a business’s current reputation/what it’s known for is at odds with the business’s vision or direction.
"For example, if you’ve fundamentally changed what your product is and does, it’s likely that your brand is out of alignment with the business. Or, if you find your company is developing a reputation that doesn’t serve it, it might be time to pump the brakes and figure out what needs to change.
She continues, "Sometimes you’ll see companies (especially startups) announce a name change that comes with updated messaging, visuals, etc. That usually means their vision has changed or expanded, and their previous branding was too narrow/couldn’t encompass everything they planned to do."
Feature image courtesy
The Brand Doula was born in 2019, and its focus is on putting "the experiences, goals, and needs of women of color founders first," as well as brands with "culture-shifting missions."
According to Lola, culture-shifting is "the act of influencing dominant behavior, beliefs, or experiences in a community or group (ideally, for the better)."
"At The Brand Doula, we work with companies and leaders that set out to challenge the status quo in their industries and communities. They’re here to make an impact that sends ripples across the market," she says.
"We help the problem solvers of the world — the ones who aren't satisfied with 'this is how it's always been' and instead ask 'how could this be better?' Our clients build for impact, reimagining tools, systems, and ways of living to move cultures forward."
The Brand Doula has worked with many brands, including Too Collective, to assist with their collaboration with Selena Gomez's Rare Beauty and Balanced Black Girl for a "refresh," aka rebrand. For businesses looking to rebrand, Lola shares four essential steps.
1. Do an audit of your current brand experience — what’s still relevant and what needs to change? Reflect on why you’re doing the rebrand in the first place and what success would look like after relaunching.
2. Tackle the overall strategy first — before you start redesigning logos and websites, align on a new vision for your brand. How do you want your company to be positioned moving forward? Has your audience changed at all? Will your company have a fresh personality and voice?
3. Bring your audience along the journey — there’s no need to move in secret. Inviting your current audience into the journey can actually help them feel more connected to and invested in your story, enough to stick around as changes are being made.
4. Keep business moving — one of my biggest pet peeves is when companies take down their websites as soon as they have the idea to rebrand, then have a Coming Soon page up for months! You lose a lot of momentum and interest by doing that. If you’re still in business and generating income, continue to operate while you work on your rebrand behind the scenes. You don’t want to cut existing customers off out of the blue, and you also don’t want so much downtime that folks forget your business exists or start looking for other solutions.
While determining whether the rebrand was successful may take a few months, Lola says a clear sign that it is unsuccessful is negative feedback from your target audience. "Customers are typically more vocal about what they don’t like more than what they do like," she says.
But some good signs to look out for are improvements in engagement with your marketing, positive reviews, press and increase in retention, and overall feeling aligned with the new branding.
For more information about Lola and The Brand Doula, visit her website, thebranddoula.com.
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Exclusive: After Focusing On His Career For So Long, David Banner Is Now Ready To Find A Wife
During the Fight Night: The Million Dollar Heistpremiere, David Banner, who stars in the film, opened up about his weight loss and his desire to get married and start a family. At 50, David has accomplished many feats, from rapping, producing, and acting, and now he's ready for the next phase of his life. "I want to get married," he tells xoNecole.
"I'm tired. I want to find my wife, have some kids. We chase all of these esoteric goals, and sometimes we look back, and we left the things that really matter. I looked up one day, I had all of them, the music accolades, the film accolades, not all the ones that I want, but a lot of them. I had accomplished my goal, had chased my goal so long that when I looked up, I saw that I ran off and left everything else."
He also shares how working in the entertainment industry can sometimes affect his life and relationships with others. "We forget to be human beings, and people don't allow us to be human beings," he continues. "So, that's the reason why I said what I said, because I know what y'all platform means, and I want people to know that there are still some human beings that's up on that camera, and sometimes we hurt too."
Back in 2016, the "Like a Pimp" artist released the single "Marry Me" and shared in an exclusive interview with us how he is working on becoming his best self for his future wife.
"I just want to be the man that most Black women want to marry. I want to be a Black man that stands strong," he said. "I'm not perfect, but [I want to be the man] women want to marry and that kids want to be their father. I want to be that man. [When I die] I want people to say that that's a strong African man, I am proud that he's a part of my culture."
During our most recent interview with the "Get Like Me" rapper, he also revealed that he lost 35 lbs and dished on how important it is to take care of your body. "I have this thing that I want to be our children's superhero on the screen and off, and people always talk about mental health, but part of your mental health is what you put in your body," he says.
"People always talk about God. People always talk about the church, but the real church is your body, your temple. So I am treating my body and my temple as if God is in there."
Fight Night is out now on Peacock.
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