The luxury market is in a tricky moment as label obsession fades and consumers prioritize price, design, quality and lasting value. Shoppers want tasteful, well-made items they can buy in quantity rather than ultra-expensive pieces, which is helping middle-tier accessible brands such as Ralph Lauren and Coach; Ralph Lauren is doing well as consumers buy multiple cashmere sweaters, and Coach has had a huge resurgence as design and affordability make it cool again.