This Is Why Luxury Designer Brands Are So Expensive
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- เผยแพร่เมื่อ 20 ม.ค. 2020
- Facts, theories and reasons behind why luxury designer brands are so expensive. People often wonder why luxury fashion brands such as Louis Vuitton, Gucci and Burberry charge so much money for their products. Designer t-shirts can retail for upwards of £300 while luxury sneakers can easily cost double that. This video explains why luxury brands’ prices are so high.
Instagram: / closerlookofficial
Companies don't charge what it costs them to make... they charge the maximum people are willing to pay.
LR♠ no not all companies
J lmao what companys??
J name a company that doesn’t.
they expect to only sell 20% of their inventory...
Very true if people are willing to fork out such extortionate pricing then there just buying into the consumers wish
Because rich people always look for ways to spend their money
... and poor people look for ways to feel rich
The Onlyfans Bible truest comment I’ve ever read.
Damn 👏 thats a great way to say it
The most effective way to feel rich is to be rich
Well said
@@Kr0nicridah Debatable
They wouldn’t be able to call themselves luxury if they didn’t charge a lot, luxury gotta be exclusive and the best way for a company to profit from exclusivity is to charge more
You scared?
MaximilianMus what?
I Agree
The answer is in the title ‘LUXURY’ designer brand, it’s not meant for everyone
The answer is dumb people with money.
@@logoitinoseda8990 if they are rich they ain't dumb, priorities change the richer you get
@@Ba-zr4zf unless you're so rich that money is worthless to you(multimillionaire) yes. However you don't see doctors, engineers, or other highest IQ people do that because they don't like the fact that it's a bad investment. Theyd rather spend the money on a house which doesn't depreciate in value (generally)
Not entirely correct about manufacturing location Balenciaga charges more for a triple s made in China than made in Italy . It has nothing to do with manufacturing cost. It’s pure brand value nothing else
Logoitino Seda na bruh, they wear exepenive clothing too but not so flashy. Just because you can’t see the logo that doesn’t mean it’s not a designer piece.
Lets jus say these brands be getting like 1000% profit
Correct. Some of the wealthiest Europeans own these luxury brands. If it really was labor costs and expensive commodities, you would not see so many them be billionaires
Louis Vuitton makes only 30% profit margins.
Nike makes more profit, for example, in Asia it probably costs a cent per hour or less to make a pair of air force 1s and they charge you 100 lol
Fernando Francia feels bad
Kidd Aced
False: check Chanel & LV's profit margins
High price doesn’t always mean high quality.
hust...GUCCI...hust
Stfu
Coach is a good brand very good quailty.
Louis V bags have good quality
Unless it's Phillip plain ur wrong
It’s about the Haves and Have Nots... People treat you different if you are wearing or carrying an expensive wallet/bag. It’s just the world we live in. Sad but true.
how about diploma from harvard or yale? don't people treat you differently when they know you graduate from one of those? are these situations the same? why is that sad?
In Mexico 70% of the luxury brand clients are criminals so... 🤷♂️ same thing in Colombia or Brasil
eduardo monforte saludos from Cali colombia
@@danielhernandez1852 saludos , mi abuelo es de Medellin
We really do live in a society.
You're paying for the BRAND NAME so your ego can feel better.
Gotta agree on a big part but some times there are designs that are dope af en mostly those dont show the brand but the design if i look at my "expensive items"
Unfortunately, I think that is true today. In the past. Luxury items were made of exceptional quality and timeless style. So, it made sense to buy something that would function and look well for many years.. Now it's throw away fashion. That will go out of style soon. So, sad.
Rolex was smart In the 1970s when the quartz crisis hit the watch industry. Many Swiss watch companies tried to compete with the inexpensively made Japanese quartz watches. They couldn't continue to make high quality watches at that low of a price point. They lost their market share and went out of business. Many of these watches were comparable to Rolex as far as quality. Rolex on the other hand did not try to compete with the Japanese watches. Instead, they raised their prices significantly. That created the image of exceedingly high quality and exclusivity. Their strategy worked and they're still in business today.
Most people feed their egos instead of their souls, it's sad but it's in today's reality. Not many are emotionally aware that you don't need to impress other people or put themselves on a high status because of owning brand. It's better to stay humble.
@seanzscorpio lol no, just saying my opinion about it. Seems like you are bothered by my comment.
"Luxury goods" aren't even luxe anymore. They're just expensive.
The quality has been lost in their profit-chasing.
Shush please I can't here
This is one disturbing fact about expensive clothes. The composition of some "luxury" brands are comparable to "fast fashion". $500 for polyester pants, anyone?
For the most part I love Luxury, but I do not buy luxury clothes..
As a woman I buy just luxury handbags and shoes coz those are statement pieces, it adds more class to your outfit, makes you stand out and feel elegant..
I prefer to have fewer items in my closet that would last me a life time than have a lot of junk cheap items with less quality..🤷🏻♀️
Just me though..
nunga cynderilla like wise !! It’s also that luxe items feel better and limited luxury cloths and best stuffs are better then having lots of mediocre stuff
This would be true if we’re living in 2005, back when big companies actually cared about quality. Nowadays most products are actually made in china.
that due to the fact tha must people had other expense luxury is for rich people who don't had those reponsiblity.... never understand poor people who force themselve to buy this thing...
@Blackpilled Saint thats part of the reason I dont buy luxury or even just expensive shoes. I dont know how to properly care for them and I dont have what I need to clean or store them. Also the price. My net worth is pretty low compared to standards here in the US. I barely own anything and I dont have a job because of availability and stuff. So I cant just go around buying luxury items simply because if I do, Im wasting money on things I can't even properly take care of right now
Nothing last for a lifetime and if it does, it’d be boring to have the same accessories over and over again
Brands like Burberry needs to up the quality before they up the price...as we all know that 80% of their products are cheaply made in China...you can't pretend to be luxury if you manufacture cheap and keep a chain of outlet stores worldwide. Burning the merchandise proves that its cheaply made and cost next to nothing for the company to get on the shelves.
louis chanel hermes also burn their unsold items
made in china.... cheap pvc.... good thing it last very long time... and i can gave away to good friend..
Yup
Made in China?
Lol.... that 200 euro money clip that looks like a paper clip..😅
Lol ikr
I love good brands for their uniqueness and especially quality (longevity). You don’t need to buy Hermes, LV and Burberry. I don’t like fast fashion and clothes that damage easy therefore,
I try go for the middle ground especially during sales, Tommy Hilfiger, Allsaints, Ralph Lauren, True Religion, occasionally Versace Couture and Moschino. I’ve gotten some big brands for 70% off and even more! I love a bargain 😅
Shin Chan logo!
Same here it's about quality. I hit Ross and get Greg Norman, polo, and Tommy at half price. They can have that Versace.
Answer: Because the manufacturers know that some people are willing to pay exorbitant prices for something in order to feel better than others.
Facts.. not gone lie that was mi I would always try to buy expensive and share it on social media overtime I realized that I was just trying to feel Rich now I always look for specials no need to be a brand
You don't buy something to feel a certain way. If you have the money, you already know you have the money. The point is to show people that your quality of life is better.
Also, the whole point of crap like suits and shiny shoes is literally that only rich people could afford them back in the 1800s-1920s before overseas mass manufacturing and synthetics. Suits were literally a way to show you were a rich person and didn't toil for a living like the people in carpenter/mining jeans.
@@JamieVegas
1. Just because a product has some famous name on it, doesn't necessarily mean the product is of any better quality than a similar product without the famous name on it.
2. Does not improving one's quality of life make a person feel better?
People who spend $500 on a pair jeans because they have a brand name on them, rather than spending $20 on a pair that doesn't do so because they think that it makes them superior to others.
You totally ignored the biggest factor:
luxury pays WAY more in RENT, security & overhead,
since their boutiques are in wealthy, expensive areas.
You totally ignored another big factor: the lack of quality in the materials that go into luxury brands tied in with the high prices guarantee that they make enough of a profit to afford running the company let alone paying rent for one location. Luxury can always raise the price since they have been allowed to set the industry standard, not the quality of material or engineering that goes into the product or service
@@S489_20mg interesting way of saying "I'm broke as fuck and I want to find ways to tell myself that fast fashion is the same as designer"
4:40 Whether you regard these brands as overpriced, or worth buying is completely your choice. If you’re willing to pay top dollar for an item and you enjoy wearing it, then no one can tell you it wasn’t worth it.
As a business owner this is how it goes. You push the price onto the customer to cover your expenses. Bests ones that do this are restaurants.
in big business it all about tax deduction.....
4:19 When for you zara is an expensive high-end brand you can't regularly afford... 😶😅😅😅
I just saw Christan Dior Sneakers that look exactly like modern day Chuck Taylor's. Then you realize some git is going to buy that.
and i seem some saint laurent sneaks that looks like vans xD
@Daiko Komatsuna not just Saint other brands r do it too. I seen some denim jacket with some paint splatter asking for hundred of dollars. It looks like a trend apparently .
Its overpriced but the quality is also better. I can't tell you how many chuck taylors I've blown through in my life.
The reason why some luxury brands are expensive is because of who wears it. People in the entertainment industry are a good example because most of our kids look up to them and want to dress like thrm
Similarly to “fast food” you’re not paying for the actual food you’re paying for the convenience. With luxury brands you’re not paying for the actual clothes you’re paying for the exclusivity and attention.
I feel like this analogy would have been better if you likened luxury clothes to a nice restaurant, in that you’re aren’t going to a nice restaurant to just eat, you’re going for the entire experience. No hate though!
This is such a great explanation.
Convenience? LOL.
Then there’s vintage and thrifts which are forgotten recipes brought back, or having the experience of something homemade by a family business
@@keselekbakiak yes, how is that hard to comprehend
Tbh it is just the mindset of how humans think and feel. Some of us think and feel that it is an necessity to spend a lot of money on luxury things to self satisfy ourselves or someone/ something else. Other people think and feel remaining humble and not caring what others think is more satisfying. It’s called Taste & Preference.
LMAO it's definately NOT about the quality.. I still have plenty of t shirts that cost me like 5 dollars from 20 years ago and they still could be worn. No t shirt is worth 500$
Thats just with a t shirt though. They need to price it high to maintain exclusivity. The quality comes in with the leather bags and bigger products like that.
You are just a piece of flesh worth of nothing, unfortunately
worn to where, the gym?
Anton Nikitin it’s not just about how long you can wear it, designer brands use materials that are more expensive plus u pay for a piece that is designed by a higher skilled designer. But yeah most of the price is just the name.
Anton Nikitin sometimes it is for exclusivity, sometimes its for quality and a bit for the brand. Like stone island do make sweaters for 300$ made in italy, but they are the money worth since you can do years with them and they will still feel good and it will look new. but 500$ for a t shirt is just for the exclusively
Have a look at how much a 2 page spread in Vogue costs and that'll give you a rough idea.
Price of anything in the world is set by humans. The Vogue spread is no different. They want to keep the "exclusivity" and that's fine. Snoby and closed of to 95% of the general public, but it is their choice.
I love luxury items, however i am not hypnotized, blinded, or dumbfounded by them. Especially when the cotton t-shirt from China cost around 50 Cent per shirt in mass bundles and i use that same t-shirt that cost 50 Cent and print LV, Dior, Valentino, YSL, Off-White and so on...and now i can charged the consumer between $ 200 to $1,800 per shirt , laughing all the way to the bank.
It's all about the consumer being consumed and they don't even know it.
Hmm... yes they are overpriced, but Louis Vuitton, Dior, Valentino, etc do not produce their products in China. Most are made in Italy or France from the best material. In the end, they are still way overpriced, but it wouldn’t be fair to compare them to some mass produced products in China.
@@edwink1467 I was just pointing out where you can get the cotton from. You can import cotton from China to France, Paris, Italy, Japan or Milan and so on..... , I would like to give you a example , the same exact leather is used to make a $20 handbag and also a $5,000 handbag ,from the same cow. What is the difference ?
Anthony Holley The difference is that you are merely making an empty claim without evidence to back it up. I would like to know which $20 handbag uses the exact same leather from the exact same cow that the $5000 one uses. Let’s forget about designs, craftsmanship, and quality control, $20 is way too low for a genuine leather handbag anyway. Your cotton T-Shirt example also makes zero sense. You realize not all cottons are produced equally, right? Luxury brands tend to use cottons from places like Japan and Italy, rather than China, though that’s not always the case. I’m in no way saying a plain T-Shirt from a luxury fashion house is *worth* $500 - it is not, but comparing it to a cheaply mass produced 50 cent T-Shirt from China is an utterly stupid comparison. And no, you can’t import a 50 cent cheaply made T-Shirt and print a logo on it then expect people to buy it for $200-$1800 each - nobody would buy it knowing it’s made in China from the cheapest cotton with no quality control in some sweatshop by an underage and underpaid kid. You don’t understand a thing about “luxury.”
@@edwink1467 My friend , they have you brainwashed with a lot a imagery and illusions Behind These Brand Names. I enjoy them also, however i am not deceive how the game works. Look up on TH-cam " We make a $5,000 Hermes Wallet For $ 70 dollars. " Then you will see what i am talking about. After you watch the video , i have another bomb to drop. It all good , i enjoy learning and sharing information.
Anthony Holley tbh on you got to thing about the target audience, 1000 doller t shirt is probably the same as buying a 10 doller t the problem is people who cant afford it save their pennies to treat themself and their are people who want it so bad they will resort to fakes both are just as stupid
I'm watching videos like these out of sheer curiosity, always trying to comprehend what drives some people to act like... Well... Like that.
I'm a person who's always wearing sports clothes, mainly from Decathlon, because it's comfortable and lasts for a very long time for a very cheap price.
The most expensive "wear" I own are my 80€-100€ Adiddas sports shoes that I buy every 3 years or so and keep using until they become so wear down and filled with holes I can't use them anymore. That's when I go to the shop, buy a new ones that fit my needs and throw the old ones in a container on my way back. Sometimes I even keep the laces if they remain in a good state.
I'm not poor and it's not like I don't appreciate the looks of fancy clothing. People who dresses "well" do have a distinctive aura around them. But if I went to spend my well-earned money on something whose high price comes mainly from its "exclusive" logo... I'd honestly feel really stupid.
And with this I'm not meaning that my ways are better than those who choose to spend that money. It's just that I struggle to empathize with them, since their mentality seems so alien to me.
The way I understand "exclusivity" is:
-If it's a tailored work that requires a highly skillful artisan, weeks of work and rare materials, then it can very well be called an "exclusive product".
-If it's a piece of clothing with a logo that has a million chain-produced copies with the same logo and a 100 million versions with different logos, but, for some reason, the one with that specific logo has a prohibitive price that limits its buyers to those with the highest income, then it's not exclusive. It's overpriced.
And it doesn't matter that some parts might have slightly different and more expensive materials. Even if they spent twice or thrice more in raw materials, that still doesn't explain the price being 40 times greater.
I see them *almost* like how I see those lunatics who spend 30.000€ in a bucket full of garbage only because that bucket was in a modern art museum behind a label that "qualified" it as a piece of art.
Some people might choose to pay more attention to the label and be blinded by the gravitas of the ""artist"" who made it and see it as a unique piece of art. Then decided they wanted to buy it for 30 grand.
While me and my shallow mind would stay fixated at the piece itself and struggle to see it as anything different than a bucket full of garbage. Then feel scammed by the 15€ entrance fee.
"They say this junk has a deep meaning within it. Hmmm... Maybe it's in that funny-looking old stick protruding from the side of the pile. It certainly is unusual to see such a stick inserted that way over a garbage bucket, almost like it was made on purpose... I wouldn't move it too much though. It looks like it's gonna fall anytime soon."
It's more about status than quality. Only people with enough bucks will be able to afford "luxury" items. (With the exception of Hermes Birkin - you won't necessarily be able to get your hands on one even if you have the money for it. You need to have the right connections or rapport with the Hermes staff in order to get one).
Miss L
@Miss L
I’m happy to buy Longchamp. Quality leather, revamped collections, and their pricing is accessible.
Something I always think about! Puts it into perspective, I guess it is subjective to each individual and the product. Nice video
The answer is: when buying a luxury item it makes the buyer feel superior. You are buying the brand.
no... i wear nice cloth for people not to just keep walking into me...
I'm going to kick your ass
@@campkira what?
With the rise in flex culture and the normalization of designer goods, it means more people (who can’t necessarily afford it and go into debt for these purchases) are buying it and increasing demand. These companies know the demand is there and will happily increase their prices to maximize profit. The sad thing is that the quality of these goods have gone down, e.g. the common quality issues in LV Neverfull or LV Porchette Métis
You know your videos are good when there’s no dislikes ❤️
Very concise, subbed.
I would love to see a followup video where you analyse and discuss what makes a new brand elevate to become iconic and exclusive. Forexample Michael Kors. What made him stand out from the other talented designers to become famous and have exclusive brand?
Good unbiased video 👍
Great informative video.
Consumerism and hype also . Sometimes luxury stuff isn’t really all that
So it really is all about the logo. At the same time it truly makes me feel better about myself, that's how messed up I am. So is today's society. When I got my first designer piece, a Versace sweater, I felt like I owned the world. That's why I want that LV suitcase, that Givenchy denim jacket, those Gucci kicks, those Balenciaga trainers, and that Fendi suit.
Aston Martin car, Gibson guitar, designer clothes. My daily motivation to improve, and be better.
Gibson got caught in a PR nightmare when a video came out of them running over poorly-selling guitars with a backhoe rather than reducing the price. Then they went on about “playing authentic” or whatever, essentially doing the same thing these fashion companies are doing. That’s when a lot of people started to realize that the emperor had no clothes, and they didn’t have to idolize a brand name just because the brand itself insists you should.
"Convince customers to spend as much on the latest sneakers as they would on a holiday " so its more about convincing people to buy it ,then everybody rides the wave so they dont change the prices , if people got together and didnt buy at their price , they would lower it.
What mall is that at 3:00?
They should get taxed for destroying products unless its recyclable but then that drops there quality using recycled material
It’s seems to me the best marketing is the Rich people that wear them. I don’t see too many or any more adds from Gucci, Burberry than from Levi or lesser priced brands. My 2 cents and they make a lot of sense is that clout is a powerful drug and mf are hooked
I love your videos
"Banana is then eaten" XD Oh my God! I laughed so hard
This was great
Best luxury brand for me is Kenzo, its inexpensive in comparison with the most luxury brands and their designs and quality are 🔥🔥
Kenzo is shit. Made in Portugal with the same fabric as Zara uses.
Kenzo is not a luxury brand. Its a high end brand
Kenzo used to be trash until LVMH's Pierre-Yves Roussel basically funded them in and instituted a modern and innovative designer. It was a dying brand, but Pierre-Yves is a brilliant luxury fashion head and refurbed and caused massive growth in like five brands.
Kenzo is so dope
@@ConcietedMuchXD kenzo is basically big logo, awful
i will say some luxury items, from luxury's brands is worth it like wallets, coats, leather jackets, and bags.
Both arguments are agreeable. The expenses are high af compared to normal retailers but they still mock it lol
LOL if you're going to throw money out the window, throw it with joy !!!!!!
no if you going throw it away used your head...
@@campkira It ain't my money, I don't really care.
Excellent
This is why I don’t understand when I watch videos about people who unashamedly steal makeup from high end stores. They say that makeup shouldn’t be so expensive and everyone should be able to afford it.
You CAN afford it, you just can’t afford LUXARY brands. Honestly, the things that people think they are entitled to…
For that price i rather buy motorbikes or cars which i know the engineering behind it and the reason why you pay them at a high price, rather than you pay them for a piece of cloth.
What "luxury" do you feel wearing a t shirt with brand name written on it which can't be felt in plain shirt?
New subby in de house baby!!😎🤙
It makes me so sad, now many young people think the epic of fashion is like 5 overpriced brands instead of learning about quality, fit, and mixing and matching. Hi from East Asia, the epicenter of hypebeast. It’s not prestige, it’s laziness a lot of the times.
Nothing to do with quality, many designers have said previously the dont people of colour to wear it.
...yet use them to promote it
So you are telling me people spend money to advertise a brand instead the other way around?
I think some certain products are just so extremely over the top I would never ever buy them. For example a 700€ Phillip Plein T-Shirt. There is no way this price can be justified. It’s a simple shirt that is being produced by a machine just like every other t-Shirt. If it was 100-200€ okay. But 700€ is just so ridiculous and over the top it’s just stupid to support a brand like that.
its marketing
Because of high overhead and expensive rents.
1st go and try to make any clothing item or accessories and then you will see how long and hard it is.
This day and age especially among youth cultures I’ve noticed that iconic brands are something to flaunt and people are very open about it these days. Like people just want to wear fake designer purely for the logo
Well done Well made
Just checked the price for the Jumbo Classic bag - it`s $9.900 atm...
If you really want to know the answer, read the book called "23 Laws of Marketing" - It's very short.
Banana republic is hugo boss quality for Walmart prices when on sale
I agree with the video but where is the line drawn. In 2016, a Gucci hoodie was £500-£600 and now they’re a grand plus, with worse designs in my opinion. The costs have stayed the same, so why does it keep going up. Surely there will be a line where people will not pay an extortionate amount for a piece of clothing because even they would think it is too much despite their wealth
Inflation/Exchange brother. Prices for Bugatti Veyron were a lot cheaper when first released compared to current models...
Mac Daddydee that’s in correlation with inflation tho, Bugatti still make a loss with every car they make basically because it costs so much in r and d, as well as the raw materials and engineering to make them. Designer brands are increasing faster than inflation, that was said in the video
The reason a Balenciaga logo t-shirt costs 300$ is placement: luxury brands can't sell you a dress for 2000$ and at the same time a t-shirt for 20$. That would mess with their perceived value and where they stand in the market (high-end in this case). It's the same reason why an iPhone charger costs like 50$. Once you've chosen your placement in the market you have to stick with it no matter what you're selling unless you want to risk losing the appeal of your brand.
Jackson Wang! 2:47
I spent $250 on my prada shades
I love your accent
Good video
It’s funny because there are some super wealthy people that would NEVER buy any of this stuff. I guess that’s how they stay wealthy. 🤷🏻♀️
nah theyve so much if they buy 10 ferraris nothing changes so, makes no sense
Rachelle Kebaili
The billionaire CEO who wears a Seiko watch!
@@periscope7731 Jeff Bezos drove a 90's Honda Accord for a while after he became a billionaire so you never know!
Rachelle Kebaili
😆
Am I the only one who thinks most things at Burberry are tacky AF?
Kit Samarakone burberry is classic. its a work of art.
Aqsa Maung ew
Kit Samarakone ur ew
@@aqsamaung2555 lol
You just mad that you can’t afford?
I’m appalled at the lengths Burberry went to stay a luxury brand. Destroying all those goods when people are dying of hunger inside and outside the US should be a criminal offense!😱
Dakota Harris It’s now luckily banned in many countrys
Louis Vuitton , Hermes been doing that the brands that don’t have sales , burn it all
Am wearing 3 Dollar T shirt for 3 years till now and i love it😋
Mass Pboy it’s not about t shirts my guy
Ohh yeah making a clip worth 200 dollars really needs a mastermind : 1:07
"A fool and their money are soon parted."
The reason why it cost so much because you’re also paying for the brand name.
Most ain’t buying because the like the item they are buying to show off
good video.
Supply and demand
The people that say the quality is better for high end products don’t know what they talking about, I’ve got a friend who works in the factory the T-shirt’s cost exactly £35 in an Asian factory and they label the products in Italy, that’s why the T-shirt says made in Italy not actually made there but designed there, be wary people don’t go out of your way to wear things that aren’t worth it and you can’t afford.
What factory did he work? I worked at a Gucci factory in Florence. I can say this is bullshit. It's really Premium.
Sounds like your friend works in a factory that produces knockoff designer goods. If you think about it, it really doesn’t make sense for these major luxury fashion houses to lie about where their products are produced when they charge so much for them in the first place. They have prestige and an image to protect and it really doesn’t cost *that* much more to produce a well made T-shirt in Italy vs. a cheaply made one in Vietnam, especially when their profit margins are so high anyway. Don’t you think *someone* would have exposed these brands already if they produce their products cheaply in Asia while claim to be “Made in Italy” or “Made in France?”
Here is the answer :Luxuery brands charge so high because a few dumb asses of the world placed so much value on IRRELEVANT STUFF...
CUZ WHY NOT !!!!
With the logo t shirts like Versace an it only says Versace ur basically a walking bill board 😂😂
Human society at its best..
I feel like the logo cladding is an easy way for them sell the emperors clothes. Idiots buy a €300 tee shirt regardless of how it actually looks because it has a big logo on it. Then they use the profits of this to make the decent stuff, that actual fashionable people wear where there isn’t a logo in sight. Just my take anyway! Only new money and no money are into logos.
Bought a few polo bits ,bottom of the market ,,tbd the quality is way b3tter to than I'm used to
Veblen effect.
So it’s for exclusivity hmm I would never spend my money on such even if I could afford it 😂
Do Louis vuitton beanies plz
newsflash a nike shit that retails for 25 USD costs 2,5 USD to make and a LV shirt that retails at 500USD costs 50USD to make, it is the same game but on different scales!
I wrote a paper about this subject for my marketing class. I won't buy luxury brands ever again.
They hire sweatshops in Italy to do it. Gucci is the worst. The designer’s staff will hire a sweatshop to make their $1600 boots for $40. Balenciaga, Chanel, LV, Zara, Hermes, Dior, and others use sweated labor imported from China and Senegal.
There is no justifiable reason for those prices. It's all smoke, mirrors, and greed
200 quid for a money clip??wtf!!
Many people search for happiness by spending their money on unecessary expensive items. Try giving them to the needy, you will feel much more happier in a much longer time. And at the same time, you are storing up your treasures in heaven where nobody can take it and no moths can destroy.
Why does that starting video looked like a scene from gta 5
Brainless Maniac that’s Rodeo Drive in Beverly Hills.
All I see is foreign exchange students