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How shops are coping with a weaker pound

Jian DeLeon "We strive to have a level playing field as and where we can. "We offer sterling, euro and dollar price lists, which gives our customers piece of mind that they are buying in their own currency at a level price to the potential competitors within their market." He says generally any discrepancies tend to average out across currencies, and that re-pricing is only possible "once or twice a year" due to the upheaval it causes for the business overall. Image caption James Fox says his firm has some "Brexit proof" markets So is he concerned that the firm could be losing out financially? "We are fortunate to be in a position that we have a few very strong 'Brexit proof' markets which underpin the company when the UK is trying its best to screw up international trade," says Mr Fox. By selling both through its own stores and through wholesalers the firm's risk is already spread out, he adds. Crockett & Jones is not the only retailer which has kept prices steady. Ray Clacher, executive vice-president at Trinity - owner of premium brands Gieves & Hawkes, Kent & Curwen and Cerruti 1881 - says non-EU tourists using either the US dollar or a currency that trades in line with the dollar, have driven up sales at its London stores. Nonetheless, these sales are still just a small percentage of Trinity's total revenue. "We certainly have not adjusted our retail prices to reflect the influx of tourism, in fact, quite the opposite as we want to encourage more UK [sales]," he says. However, he admits this strategy could change if costs continue to rise.

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She recently told a visitor that she had worked with avant-garde and high couture designers in the London of the 1970s and 1980s, and they all used to exchange ideas in a casual, congenial atmosphere. She moved to the U.S. in the late 1990s and said she is now “delighted to be joining the team” at What Goes Around Comes Around. Ms. Wilson learned what she said was an important lesson many years ago, that “women want exclusivity and individuality. They want to feel special and beautiful, which means different things to different people.” She has always striven to “make the customer’s whole experience as effortless and seamless as possible,” she said, which may account in part for her longtime following. She said she had another gift: “great passion and a gut feeling” for what will make a particular customer look great. Many of the customers who come into the What Goes Around Comes Around are collectors, she said, of such fine items as Hermes bags. According to Ms. Wilson, wearing vintage clothing “transports one into a time of elegance, sophistication, and unmatched quality of genuine luxury construction,” pointing to the fine work on a Victorian looking undergarment that had been made into a dress. The owners of the two-year-old East Hampton shop have been in the luxury vintage business for 22 years.

For the original version including any supplementary images or video, visit http://easthamptonstar.com/Business/2017607/Stylist-Takes-Vintage-Clothing-Shop

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