I'm interested to see what comes out of the Antitrust lawsuit. Because every luxury brand requires a buyer to have a substantial purchase history in order to get an allocation for an exclusive model. I think Ferrari was the first manufacturer to do this. Now Porsche, McLaren, Bugatti, and even Rolex practice the same buisness model with their limited edition cars. You have to be invited to buy one and are restricted to selling it for a moment in time after taking delivery, or else you loose your relationship with the brand.
There is a big second hand market for the bags. I've seen many videos of people bring in their never used bag to sell and others buying them because they can just by a bag not a lot of other stuff first.
It is all marketing, advertising and image cultivation. Most of these products are made in China. Those craftsmen in the video are from a longtime ago.
It's amazing how women got fooled into this nonsense. I am yet to meet a straight man that looks at one of these and says, "Nice bag or whatever overpriced thing, ima have relations or wife this womn."
Because LVMH and Gucci are luxury fast fashion brands. And are accessible which dilutes the brand.
0:59 Narration says $22,000 per share, but the graphic shows $2,250.72 per share
That $400,000 purse is way overpriced. I wouldn't not even pay $400 for it. I might pay $40 for it.
Others will though 😂
Lots of people would.
I wonder if Herme’s will pay your rent, grocery and utility bill? Then don’t pay theirs!
What a dumb thing to say.
I'm interested to see what comes out of the Antitrust lawsuit. Because every luxury brand requires a buyer to have a substantial purchase history in order to get an allocation for an exclusive model. I think Ferrari was the first manufacturer to do this. Now Porsche, McLaren, Bugatti, and even Rolex practice the same buisness model with their limited edition cars. You have to be invited to buy one and are restricted to selling it for a moment in time after taking delivery, or else you loose your relationship with the brand.
"the elite"
They think so 😂
They tend to call themselves
I've never heard of Hermès before. I've heard of LVMH And Gucci before.
And they don't use "Celebrities" to market/endorse their products....if you have any of their products...you paid for that product.
So staying small can also be a wining strategy for longevity
Ferrari does the same thing with it's limited edition 8:44
There is a big second hand market for the bags. I've seen many videos of people bring in their never used bag to sell and others buying them because they can just by a bag not a lot of other stuff first.
False sense of scarcity. /end video
Its a business afterall
In the Philippines I can get that for $5 at my local flea market. Don't care if it's fake 😎
But it’s probably a piece of crap that falls apart
Meanwhile I’m walking around goodwill looking for a Walmart tshirt.
Meanwhile I’m wearing uniqlo watching this.
😅 ...i can't buy either of these brands, don't really have a desire to neither
8:28 …just like buying a Porsche GT3.
Yahya Sinwar‘s wife had Hermes. Are they 1%?
Purse First 👜
why? cnbc has shares and gets best quality for free, then maybe it actually belongs to that greek god hermes
It is all marketing, advertising and image cultivation. Most of these products are made in China. Those craftsmen in the video are from a longtime ago.
You don’t know what you’re talking about. All Hermes bags are made in France by highly skilled operators.
@@prestya8178😂
*VEBLEN GOODS!!!* 🎒
*D R I P!!!* 🎒
Everyone and their baby mamas have LVMH these days. It has become the new Gucci. Cringe noveau bougie stuff.
Jay z helped by bragging about them in songs.
Because it’s named after their favorite God .
It's amazing how women got fooled into this nonsense. I am yet to meet a straight man that looks at one of these and says, "Nice bag or whatever overpriced thing, ima have relations or wife this womn."
Thats how women works, men are more logical
What a dumb comment! A woman doesn’t buy that for a man’s attention
*D R I P!!!* 🎒
*VEBLEN GOODS!!!* 🎒
china is the key
Hemes is for poor people who want to aspire to and act like they are rich ...
The "elite" say, "I'm rich and have need of nothing", but God says they are wretched, miserable, poor, blind and naked. Revelation 3:17.
假新聞新聞台 退訂 噁心
the Dr Jill Biden effect
???