Designer Brands- Is Their Popularity Decreasing?

As we all know, designer brands are popular. But is their popularity decreasing?

With the introduction of more high street brands, a decrease in designer brands can be seen for multiple reasons. One of the main reasons being that people can not afford to pay the prices of designer brands. They are becoming more expensive which makes it difficult to afford.
Their popularity may also be decreasing due to high street stores. High street stores like primary and H&M can offer similar clothes to the designer brands. The clothes high street stores offer are at a more affordable price making them more popular.
Finally, some of the designer brands do not offer styles which appeal to everyone. Whereas high street stores can offer similar styles. Yet can also offer a range of styles making them more appealing to everyone. Designer stores can be more hit and miss with finding something your style.