Buying “luxury” products actually made me realize how un-luxurious the overall experience is -standing in line, having people follow you around like you’re about to steal, uninformed staff, cheap packaging, etc. Sustainability is laughable across materials, business practices, employee compensation, ethics, maintenance etc.
Very good points you made there David. Many of the luxury brands of today in my opinion need to fully restructure their practices, standards and entire business models really because their models ate very obsolete for today’s standards in my opinion.
@@SuperDacobjust bought a YSL bag from Nordstrom for 2k- wasn’t a luxury experience at all. They didn’t even have a YSL box to put it in. They gave it to me in a YSL dust bag. The bag itself is very nice, but the inside lining feels cheap.
I stopped buying luxury handbags 20 years ago. I refuse to pay $2,000 for a handbag that is partially made in China, but has a “Made in Italy” tag on it. Prada got in trouble for this.
Same…I’ve sold a lot of my luxury bags last year and have only bought contemporary brands or lesser known luxury brands the last 2 years. Quality is not there and the constant increases are insane and unjustified.
I was a luxury high-end fashion designer with my own label back in the 80s. Everything you’re saying is true. I went through that with my own sales and inventory. And before that, I was a buyer for a Madison Avenue boutique. Because the industry is such a rip off and now I see how horrible it is for the environment I only purchased from resale outlets. I noticed they have a ton of new stuff or barely used items at the most minimal of cost. And I don’t buy much, only what I need. For me, at this point status does not come from the rags I wear, but from the deeds I do, and the feelings in my heart.
If hermes would just let me buy what I want instead of telling me I have to go on a journey of $100,000.00. Then maybe they wouldn't have so much stock.
@teresali5629 I just want a berkin, And not all the b******* hoops hermes wants me to jump through to buy one. Nobody needs all the twillies they want us to buy
Its their own fault & greed for putting the prices up so much. I brought a saint laurent bag a couple of months before the c’vid started & its now more than doubled in price. I adore it but I’d never buy it now at almost £2.5k they want for it now. I cant imagine the cost to make it has anywhere near doubled. Its pure greed!
Exactly! I am in same boat. Bought a YSL pre-pandemic that is now basically double in price. That’s exactly why these brands are having huge sales (40ish% off). These bags are basically available for what I paid pre-pandemic during that sales because very few people are willing to pay the new price of the bag.
I’ve migrated to brands like DeMellier, Aspinal of London, Strathberry, Celine, etc. I am finding their quality is better and that I feel better carrying quiet luxury bags. If I really feel the urge for the luxury brands I’ll just buy a super fake. Tired of wasting my money and playing games with the high end brands.
I think the reality is that there’s nothing festive about this year. The ongoing suffering of people all over the world…It has a way of making folks reconsider what they truly need and all they have. It’s sobering.
I would agree. Hard to have a cheerful attitude and go out and buy another luxury bag when there is so much suffering. I am grateful for having a house to live in and my kids sleeping peacefully. And yes, coffee with chocolate.
Luxury quality is becoming trash. I was at Burberry this weekend and they wanted $1300 for a pair of (well made) wool/nylon blend trousers, a similar pair of pants with more wool content cost about $130 at Everlane. Why pay more for a lesser garment? I don't care about the brand, I care about the feel.
We haven’t bought and wrapped Christmas presents for the last three years. We decorate, light expensive candles, have old movies playing, and we cook and bake a lot. We celebrate Jesus’ birthday (wasn’t he born in July though?) and we go to the candlelight service at church. I miss taking my kids to the mall but that was the old consumer Christmas. I have approximately 20 classic designer bags and I’m not planning to get any more. What an old bag I’ve become!
I have learnt that luxury is just an experience of mind and it’s not a real value. I mean, as long as I am convinced that I ‘need’ to buy a bag for thousands€ and as long as I don’t see that the bag would serve me exactly as all the other bags in the world I’m in the hands of luxury brands. They build their own wealth with our money basically
I personally think it's the elitism and snobbery that's also having an effect. During the 1940s, 50s and 60s, you could find couture pieces in all closets who could afford it (I am talking Dior, LV, Chanel, Hermes etc.). Now, they have made it so elitist, its very discouraging. And the burst of growth that came after Pandemic was after China opened its stores again and everybody went out with gusto (and China has a lot of uber wealthy compared to Pais, London and New York...just not so loud about it).
I agree. Back in the day, luxury goods were maybe 10 times the price of a regular garment. Now they are the price of a house in many areas, or a luxury car. Flaunting that kind of money on a disposable clothing item is viewed as obscene by many. It's a totally different game from years past.
I wonder if part of it is also all the social media about how the really rich don't buy branded items. They buy from brands the public doesn't even know about that don't plaster their products with logos. So their customers are all people that want to be seen as rich and they've not only made the process too painful but too many people now realize it's for show.
Goodness-Boomer here- It was truly fabulous to have a Vuitton moment at Magnin’s or Saks back in the day-they would even repair things for you back then… It was expensive but seemed so much more worth it… Today not so much-it’s miserable and uncomfortable to go to their stores nowadays…Yikes We used to be able to order whatever Rolex you wanted… Today you’ve got to buy a used one to get what you want LOL It’s just sad and tired these days I’m afraid
This is what happens when luxury brands jack up the prices on substandard product and have queue lines outside their stores. Also, having to spend $50,000+ to have the opportunity to be "offered" the chance to buy a Birkin or Kelly that may not be the color they want. Nah, no one has time for that. I can have a bag made for me for far less from a local artisan or go to Marc Jacobs or Mulberry and get a high quality bag for a fraction of the prices Chanel and LV are offering. Hell, Coach and Michael Kors has much higher quality than luxury brands do nowadays.
Serves them right, this what you get LV, I was in your shop looking to purchase a Capucine but I was ignored, I left after waiting around for 20 minutes.
5:09: *THANK YOU, DACOB!* I've been so disappointed in some luxury bloggers/vloggers who bought that collection. I even commented, very kindly, on one person's video when she went shopping for it specifically (gah) and she never even once addressed the issue. No brand is pure, but honey...we can still vote with our dollars on occasion!
I've just discovered your channel and wanted to tell you how interesting and entertaining your videos are, especially how well you present your content. Love your hand gestures! Now to the content: It's exactly how you've described how the brands force the resellers to buy their other shit. I know people in the business and say that it feels for them like blackmail.
I got scammed into buying boutique jewellery and then I got scammed at Ritchie's Auction House when I sold there instead of selling to the guys who buy gold by the weight. Therefore, I think it is just great for folk to be not buying these over-priced labels because all you get is an over-priced label.
Besides all of the shady business practices, my interest in luxury goods has waned because the products just aren't all that great. Having to endure the terrible "service" in these stores makes it even worse. These companies are cashing in on overhyped, gaudy and garish styles and designs that just aren't appealing to me. Lately I've been putting my money into slow fashion, handmade goods that deserve an honest dollar. Aside from the few products that are truly timeless (i.e., Cartier Santos, no pun intended), I won't buy anything from the major fashion houses anymore.
❤️ exactly! We need to make our own quality goods, barter, and shop locally, farmers' markets, grow our own food and make farmed goods - high quality items and healthier food
The main issue is competition. The big retailers have stepped up their game and quality. There have been a surge of independent companies that are willing to keep their prices a little lower and more affordable to the consumer. I suspect the luxury brands might consider modifying their business model.
It’s just gotten so boring with nothing new and exciting. Now we have $10k Speedys? I’ve been seeking out other, more affordable luxury brands like Le Tanneur and Guibert.
Dacob, you look fantastic! I was so frustrated with luxury beauty this year - terrible advent calendars, stingy gift with purchase offers - get over yourselves! Love Givenchy foundation and powder but bought a full line of skincare and makeup through Estée Lauder for less than $150 thanks to gift w/purchase deals.
I'll shop for certain luxury brands, and the tags are marked "Made in China." Are you KIDDING me? If they want $150 for a tee shirt, that shirt better d@mn well be made, sourced, and assembled in France, Italy, Spain, the US, or Scandinavia. I like luxury, but I don't like being scammed.
Its just so BORINGG as the same old things being produced like hermes birkin..lv gucci monograms..chanel cc..seriously i dont see anyone will not be bored one day wt d same old things
Really enjoyed this video, Jacob. I think like many people who enjoy luxury goods and luxury buying experience, I stopped both shopping and actually buying new stuff for the last few years. I think the industry needs to get it shit together and treat their customers with the respect they deserve.
So glad people have decreased their spending on these luxury brands due to the bad economy with inflation and layoffs. I also agree with everyone who said they experienced non luxurious treatment like standing in long lines, being rushed and pressured to make purchases once in store (can't just go in and browse anymore because they are hovering) and the ridiculous price increases while quality goes down. I hope their piles of unsold goods continue to increase....maybe they will learn to treat customers better and lower their ridiculous prices.
This is so funny and almost poetically ironic. People do all that gymnastics (standing in lines, special lists, whatever bs companies pull) to buy 10k bags. If I was about to pay 10k for a bag, I would expect the car to be sent for me. I'm joking of course, but there is no way I'd stand in some line or beg to being put on some list. I'd rather pay some artisan for a truly unique and high quality product than buy a designer piece with a giant ugly logo on it.
The rich people with no taste are the real MVPS. My wardrobe is filled with ready to wear and even some designer pieces. Just because they are not trendy and are not marked with logogs all over, people don't buy them, and I get timeless pieces for a tenth of the price.
I think these brands priced themselves out of the market, tbh. My local Fendi boutique hasn't even been able to get certain bags in they have been so popular, and I think it's because they are more reasonably priced. These brands could be doing better if they hadn't gone so bonkers with their pricing.
They're selling mass produced items with obvious and visible defects at premium prices. It's onlu a matter of time before people wake up to become more selective of what they buy and some may even stop caring about the brand.
In Singapore, we have lots of “luxury” brand stores. Many were quite crowded last weekend. People were queuing at the doors. They all appear soooo Low class. Luxury? Crazy dumb. Queuing at the door. What is the REAL cost of a $5000 bag? Surely no more than $500. 😂😂😂
I see plenty of old Dior stock in boutiques and retail stores. Whats back fired is these vendors had price increases on the old stock. I started predicting what colors and patterns for Dior that will be coming to the outlets. Dior Oblique is slowly coming into the outlets.
yes and yes, a lot of what you said is true. I used to work in luxury and I can also confirm at the end of a season once the buzz dies down and sales are over, a lot of the stock shipped out can sit in warehouses for months at a time awaiting a buyer. Maybe it gets burned maybe its distributed to discount stores. I think if these companies stopped making so many ugly designs they wouldn't have an excess of stock to worry about. They could also adopt a made to order policy for many items which would reduce overhead and waste, that is a real luxury service too many brands are afraid to touch because it could cut into profits by turning away impatient customers. The industry needs to change
Maybe people are finally getting smarter about how to spend their hard earned money and arent falling for the manipulative psychological sales tactics anymore.
Psychological sales by hiring K-Pop stars? And they are so corny. One of the biggest turn off for me are those celebs. They are adding up the pricing of those luxury goods.
The contemporary brands have improved quality and are giving the luxury brands a run for their money. Brands like DeMellier and Polene are offering quality luxury bags at a fraction of the cost. COACH, in 2023 has done an about turn and has greatly improved the quality of their products.
The info. one of the viewers of the live shared is acurate. Mood sells leftovers fabrics from design houses- I've found over there linings, cotton voiles and linens- they have been doing so for yeeaars now
I remember when Gucci had online sales then they stopped when Michele came onboard an sales ppl the following year looked at me like I was crazy for asking 😅😂😂
The amount of Louis Vuitton collections out every week is way too much. Like cut it down to 4 a year or less. I can't keep up with it which has made me very disinterested.
You are so spot on with "I'm just telling from the Choir, 'maybe they scammed us' .. ". I'm done with it. The prices are outrageous & I just don't care enough anymore. Unless something is super striking and beautiful, a true work of art, the answer is no.
Awesome video! I think its the stress associated with having to present yourself in a certain way just entering a store coupled with the ever increasing prices of the items and the low quality as well. You're much better off just enjoying your older collection than having to pour more money into these items.
Dacob honey. Beautiful eye makeup uou have here. Could you mayby do a tutorial how you smudge the eyeshadow and what product you actually use? It look so fantastic. Very decent but with wow effect 💋
Thank you katev 🙏🏻💖🥹 The entire process step by step of this look is available for my tier 2 members and tier 2 patrons on both my TH-cam channel and my patreon 🌅🌅🌅💖
Well, they always burned what they can’t sell. And the stuff aren’t allowed to purchase the unwanted goods. Also FYI TKmax only sells goods that are made with cheaper quality especially for them, and any other so called outlets. So it’s not the real deal. Trust me.
Just give us a bit of a discount and...problem solved. Honestly, at these prices, even a 10-20% discount is still exorbitant but we're there!!! Let the CC slide away. :)
I believe all of what you reported here. Quality has fallen, and consumers have discovered quieter luxury brands who are fabulous! 💯 P.S. It's seeing MK at Woolworth for me. 😅 that took me out!
Sounds elitis but…. There are now to many stores, to many fashion victims, then the obvious use of cheaper materials , cheaper packaging, faux fur , faux croc at real fur,croc prices! The rtw collections aren’t even fabulous it’s just basic materials and cuts
Here in Washington DC, the Chanel boutique got robbed twice in 6 months by a group. They walked in, grabbed items and walked the hell out. 😂😂😂They got bags and jewelry. I laughed my butt off. Serves Chanel right, with their high prices, low quality ass selves.
question for you - why are resalers reselling at such high prices. I saw a chanel wallet selling for more than the chanel wallet on the site when it was out. I realize that there are sold out now in stores, but seriously why would i pay and risk a fake for the full price let alone the full price plus?
Im so glad I never fell for this type of luxury. Sure I bought good dupes in the oast just to get a feel of some of the hype but it faded very quickly. My "luxury" is at the local boutique (small local business) creating exclusive pieces (7 at the most),thats handmade with impeccable quality.
You look so beautiful, love the make up ❤ congrats on the transparent messages on consumption and marketing of these lux brands, very interesting insights here. And you are so much fun ! Keep up the great work Dacob
Aren’t all the materials or maybe not all or most from China and then hand finished in countries such as France, Italy, and USA? I think Spain however crafts affordable luxury goods such as Polène. I stopped buying luxury. Was obsessed in my 20s, but I prefer belt bags now that I’m almost 40. I also buy bags on Amazon if I need a certain style for an event 🤷🏻♀️
I lost interest. It gets too expensive. I bought a Loewe Puzzle in small and the Celine Classic, lastly. I dont want anything anymore 😅 seems dumb to spend so much money. I curated a beautiful little collection. That is it.
seeing how stupid many "luxury" items look as well as hearing about the lesser quality and experience, makes me want to pick up a vogue pattern for a mens suit, and have a local tailor make it with good quality materials. bet it'll look better, feel and wear better, and be tons cheaper then that one coat from hermes or gucci if i ever do decide to do it.
I wonder if there is more focus on beauty and sunglasses in relation to this alleged slow down you mention. Even outside of luxury there are some sales before Christmas which in previous years would be unheard of. If customers are finally making their voices heard via their wallets, then luxury brands may need to listen to what their customers want.
that person that said buying luxury fabric would be correct...its also true for any leather products from Italy ..if you have seen tanner leathersteins channel. he frequently has experts on that talk about it...Peter nitz who has opened his own luxury chain stated that for a fact....and he is one of few actual authenticators of luxury goods for Hermes...where do we think all the best fake bags come from.?..they are using top notch merchandise..and as long as they are willing to pay the tanneries etc. its a given...
actually I saw some posts going around of LV luggage at Costco and I know in the past they had ysl loulou with extremely long shoulder straps available on their website.
I purchased a luxury hand bag as a much wanted gift and the experience and the price was ridiculous! I will never do that again. I could have painted my house for what it cost. I’m glad to see luxury demand is falling off. There no justification to pay so much for something that’s no better than a good quality leather bag.
"Well all of these people, most of them don't have taste anyway; they buy whatever." 💅🏻 - Super Dacob Yeah, money doesn't buy taste. You'd think with that much money they could consult a stylist.
Your bag is not going to increase with time just because you want it to. There’s a lot of factors involved. Some of them can’t even hold up to time. Supporting all that markup is supporting greed. The brands that were luxury, and represented the finest of quality and craftsmanship. Now represent greed and are turning people into targets. I hear it said, over and over -we are paying for the name. But why? People wised up that they are just a walking advertisement for the name. Then came the quiet luxury… 😂 Only you know you are carrying a luxury bag! Haha! OMG Disclaimer, I’m a person who likes luxury. I’m not against it. I am currently looking for some in between brands. Brands that give you that excellent high-quality and craftsmanship. Brands that actually create beautiful works of art and not basic crap. Something I noticed when binge watching luxury closet tours is that peoples identities and personalities are being smothered by the basic luxury things in their closet they think represent prestige. There’s so much that people miss out on if they’re solely focused on luxury brands.
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Lately, I've been forced to redefine "luxury" as a warm bed or a good quality cup of coffee or paying my bills on time. "Luxury" reframed 🤗
Very on point. I agree 💖🌅
Definitely agree with you. 🥰☕️
Same!❤
Buying “luxury” products actually made me realize how un-luxurious the overall experience is -standing in line, having people follow you around like you’re about to steal, uninformed staff, cheap packaging, etc. Sustainability is laughable across materials, business practices, employee compensation, ethics, maintenance etc.
Very good points you made there David. Many of the luxury brands of today in my opinion need to fully restructure their practices, standards and entire business models really because their models ate very obsolete for today’s standards in my opinion.
And also is getting more, more expensive! Every year finally!
@@SuperDacobjust bought a YSL bag from Nordstrom for 2k- wasn’t a luxury experience at all. They didn’t even have a YSL box to put it in. They gave it to me in a YSL dust bag. The bag itself is very nice, but the inside lining feels cheap.
Plus these SAs scrutinizing you as though they come from old money. 😅😂
I stopped buying luxury handbags 20 years ago. I refuse to pay $2,000 for a handbag that is partially made in China, but has a “Made in Italy” tag on it. Prada got in trouble for this.
For me it’s the decline in quality coupled with horrible customer service. I am keeping all the luxury I have, but I don’t see myself buying anymore.
same... and if, only good vintage.
Same…I’ve sold a lot of my luxury bags last year and have only bought contemporary brands or lesser known luxury brands the last 2 years. Quality is not there and the constant increases are insane and unjustified.
I’d rather just have a good vintage
I was a luxury high-end fashion designer with my own label back in the 80s. Everything you’re saying is true. I went through that with my own sales and inventory. And before that, I was a buyer for a Madison Avenue boutique. Because the industry is such a rip off and now I see how horrible it is for the environment I only purchased from resale outlets. I noticed they have a ton of new stuff or barely used items at the most minimal of cost. And I don’t buy much, only what I need. For me, at this point status does not come from the rags I wear, but from the deeds I do, and the feelings in my heart.
If hermes would just let me buy what I want instead of telling me I have to go on a journey of $100,000.00. Then maybe they wouldn't have so much stock.
@mack9992004 They are not luxe. They are ultraluxe.
Just buy it from secondary market. I hate Hermes game.
@@teresali5629 I've been trying but it's proven harder than I anticipated
@teresali5629 I just want a berkin, And not all the b******* hoops hermes wants me to jump through to buy one. Nobody needs all the twillies they want us to buy
I wouldn’t buy shit from Hermes because of bs they make people go through just to make more money.
Probably the only way I'll buy a Chanel bag is if it's at Costco lol
Exactly
You can actually get Chanel at some preloved stores a better price when they discount them 20% ; ) at least it is not the price at the boutiques
You used to be able to buy high end bags at Costco (Prada, YSL, Burberry) but that was over 25 years ago.
😂😂😂 that would be amazing if Chanel was at Costco lol
Costco Chanel 😖🤣
Its their own fault & greed for putting the prices up so much. I brought a saint laurent bag a couple of months before the c’vid started & its now more than doubled in price. I adore it but I’d never buy it now at almost £2.5k they want for it now. I cant imagine the cost to make it has anywhere near doubled. Its pure greed!
Exactly! I am in same boat. Bought a YSL pre-pandemic that is now basically double in price. That’s exactly why these brands are having huge sales (40ish% off). These bags are basically available for what I paid pre-pandemic during that sales because very few people are willing to pay the new price of the bag.
Collapse of the US dollar, too.
I’ve migrated to brands like DeMellier, Aspinal of London, Strathberry, Celine, etc. I am finding their quality is better and that I feel better carrying quiet luxury bags. If I really feel the urge for the luxury brands I’ll just buy a super fake. Tired of wasting my money and playing games with the high end brands.
I think the reality is that there’s nothing festive about this year. The ongoing suffering of people all over the world…It has a way of making folks reconsider what they truly need and all they have. It’s sobering.
Very sobering
I would agree. Hard to have a cheerful attitude and go out and buy another luxury bag when there is so much suffering. I am grateful for having a house to live in and my kids sleeping peacefully. And yes, coffee with chocolate.
Luxury quality is becoming trash. I was at Burberry this weekend and they wanted $1300 for a pair of (well made) wool/nylon blend trousers, a similar pair of pants with more wool content cost about $130 at Everlane. Why pay more for a lesser garment? I don't care about the brand, I care about the feel.
The quality is important for me too. I agree.
We haven’t bought and wrapped Christmas presents for the last three years. We decorate, light expensive candles, have old movies playing, and we cook and bake a lot. We celebrate Jesus’ birthday (wasn’t he born in July though?) and we go to the candlelight service at church. I miss taking my kids to the mall but that was the old consumer Christmas. I have approximately 20 classic designer bags and I’m not planning to get any more. What an old bag I’ve become!
The unjustified price hike and decline in quality are to be blamed.
Especially when the price hikes are happening more than once in a year. CHANEL, LV…etc👀
I have learnt that luxury is just an experience of mind and it’s not a real value. I mean, as long as I am convinced that I ‘need’ to buy a bag for thousands€ and as long as I don’t see that the bag would serve me exactly as all the other bags in the world I’m in the hands of luxury brands. They build their own wealth with our money basically
People are done with the price hikes for items that are NOT worth it! So of course these brands are suffering.
I personally think it's the elitism and snobbery that's also having an effect. During the 1940s, 50s and 60s, you could find couture pieces in all closets who could afford it (I am talking Dior, LV, Chanel, Hermes etc.). Now, they have made it so elitist, its very discouraging.
And the burst of growth that came after Pandemic was after China opened its stores again and everybody went out with gusto (and China has a lot of uber wealthy compared to Pais, London and New York...just not so loud about it).
Yes in even the 80s even…
I agree. Back in the day, luxury goods were maybe 10 times the price of a regular garment. Now they are the price of a house in many areas, or a luxury car. Flaunting that kind of money on a disposable clothing item is viewed as obscene by many. It's a totally different game from years past.
The quality was way better back in the 40s, 50s, and 60s
I wonder if part of it is also all the social media about how the really rich don't buy branded items. They buy from brands the public doesn't even know about that don't plaster their products with logos. So their customers are all people that want to be seen as rich and they've not only made the process too painful but too many people now realize it's for show.
So luxury companies can sell directly to resellers and customers are punished with price increases for buying from resellers 😓
Goodness-Boomer here-
It was truly fabulous to have a Vuitton moment at Magnin’s or Saks back in the day-they would even repair things for you back then…
It was expensive but seemed so much more worth it…
Today not so much-it’s miserable and uncomfortable to go to their stores nowadays…Yikes
We used to be able to order whatever Rolex you wanted…
Today you’ve got to buy a used one to get what you want LOL
It’s just sad and tired these days I’m afraid
I agree. Such a sad state of affairs these days in these times
So many complaints about brands not even repairing the items that break now. It’s all “normal wear and tear”
I don't even want to think about all that wasted leather if they are burning😭😣
This is what happens when luxury brands jack up the prices on substandard product and have queue lines outside their stores. Also, having to spend $50,000+ to have the opportunity to be "offered" the chance to buy a Birkin or Kelly that may not be the color they want.
Nah, no one has time for that. I can have a bag made for me for far less from a local artisan or go to Marc Jacobs or Mulberry and get a high quality bag for a fraction of the prices Chanel and LV are offering. Hell, Coach and Michael Kors has much higher quality than luxury brands do nowadays.
Anyone know if the queue lines form in NYC, or is it just a European custom?
👍Well Said
Serves them right, this what you get LV, I was in your shop looking to purchase a Capucine but I was ignored, I left after waiting around for 20 minutes.
I rejoice every time I pass an empty Balenciaga store. Just gross.
It is kinda funny… cuz each time I pass by one of their stores lately, they are really quite empty.
5:09: *THANK YOU, DACOB!* I've been so disappointed in some luxury bloggers/vloggers who bought that collection. I even commented, very kindly, on one person's video when she went shopping for it specifically (gah) and she never even once addressed the issue. No brand is pure, but honey...we can still vote with our dollars on occasion!
💖💖🎉
I've just discovered your channel and wanted to tell you how interesting and entertaining your videos are, especially how well you present your content. Love your hand gestures! Now to the content: It's exactly how you've described how the brands force the resellers to buy their other shit. I know people in the business and say that it feels for them like blackmail.
I got scammed into buying boutique jewellery and then I got scammed at Ritchie's Auction House when I sold there instead of selling to the guys who buy gold by the weight. Therefore, I think it is just great for folk to be not buying these over-priced labels because all you get is an over-priced label.
Besides all of the shady business practices, my interest in luxury goods has waned because the products just aren't all that great. Having to endure the terrible "service" in these stores makes it even worse. These companies are cashing in on overhyped, gaudy and garish styles and designs that just aren't appealing to me. Lately I've been putting my money into slow fashion, handmade goods that deserve an honest dollar. Aside from the few products that are truly timeless (i.e., Cartier Santos, no pun intended), I won't buy anything from the major fashion houses anymore.
❤️ exactly! We need to make our own quality goods, barter, and shop locally, farmers' markets, grow our own food and make farmed goods - high quality items and healthier food
People are waking up to the ridiculousness of the whole process.
Thats a good sign 🥰💫
You are correct Dacob! My wallet remains closed right now. Especially while I’m earning 5% on my savings.
Wallet closed and we move on and enjoy life until more prosperous times come our way. We will get through this 💖💖💖
You just blew my mind! Never considered that they were reselling to second-hand shops or department stores. Thanks for keeping it real.
The main issue is competition. The big retailers have stepped up their game and quality. There have been a surge of independent companies that are willing to keep their prices a little lower and more affordable to the consumer. I suspect the luxury brands might consider modifying their business model.
Do you think the luxury brands will lower their prices?
@@SuperDacobi think so too. It’s all up to us. If we don’t buy they will be forced to.
It’s just gotten so boring with nothing new and exciting. Now we have $10k Speedys? I’ve been seeking out other, more affordable luxury brands like Le Tanneur and Guibert.
I was so tired of the same styles everywhere. Went back to leather bags from Dooney & Burke. They’re so durable and functional.
I just strolled upon you today. You are absolutely adorable, and it's so refreshing to hear your no nonsense straight forward information. Bravo!
Thank you very much Waytokeen 🙏🏻🌅 Welcome to my channel 💖
Dacob, you look fantastic!
I was so frustrated with luxury beauty this year - terrible advent calendars, stingy gift with purchase offers - get over yourselves! Love Givenchy foundation and powder but bought a full line of skincare and makeup through Estée Lauder for less than $150 thanks to gift w/purchase deals.
Estee Lauder was the way to go for me too this year. Such a great purchase with purchase deal they had.
I'll shop for certain luxury brands, and the tags are marked "Made in China." Are you KIDDING me? If they want $150 for a tee shirt, that shirt better d@mn well be made, sourced, and assembled in France, Italy, Spain, the US, or Scandinavia. I like luxury, but I don't like being scammed.
Its just so BORINGG as the same old things being produced like hermes birkin..lv gucci monograms..chanel cc..seriously i dont see anyone will not be bored one day wt d same old things
Really enjoyed this video, Jacob. I think like many people who enjoy luxury goods and luxury buying experience, I stopped both shopping and actually buying new stuff for the last few years. I think the industry needs to get it shit together and treat their customers with the respect they deserve.
So glad people have decreased their spending on these luxury brands due to the bad economy with inflation and layoffs. I also agree with everyone who said they experienced non luxurious treatment like standing in long lines, being rushed and pressured to make purchases once in store (can't just go in and browse anymore because they are hovering) and the ridiculous price increases while quality goes down. I hope their piles of unsold goods continue to increase....maybe they will learn to treat customers better and lower their ridiculous prices.
This is so funny and almost poetically ironic. People do all that gymnastics (standing in lines, special lists, whatever bs companies pull) to buy 10k bags. If I was about to pay 10k for a bag, I would expect the car to be sent for me. I'm joking of course, but there is no way I'd stand in some line or beg to being put on some list. I'd rather pay some artisan for a truly unique and high quality product than buy a designer piece with a giant ugly logo on it.
People are running away from luxury every where these days.
The rich people with no taste are the real MVPS. My wardrobe is filled with ready to wear and even some designer pieces. Just because they are not trendy and are not marked with logogs all over, people don't buy them, and I get timeless pieces for a tenth of the price.
I think these brands priced themselves out of the market, tbh. My local Fendi boutique hasn't even been able to get certain bags in they have been so popular, and I think it's because they are more reasonably priced. These brands could be doing better if they hadn't gone so bonkers with their pricing.
Fendi has quality. They do use fur but they make quality items.
What fool would buy a $10,000 purse? Let alone 5 or more??? Crazy!
I quite literally sold 28k today it’s a tuesday at a luxury brand store…
Soooo happy the algorithm led me to your channel. Planning on binging in your content this holiday that I am definite not buying luxury brands. ;)
Welocme to my channel Rocio and happy holidays dear 🥰💖💖💖💫
They're selling mass produced items with obvious and visible defects at premium prices. It's onlu a matter of time before people wake up to become more selective of what they buy and some may even stop caring about the brand.
In Singapore, we have lots of “luxury” brand stores. Many were quite crowded last weekend. People were queuing at the doors. They all appear soooo Low class. Luxury? Crazy dumb. Queuing at the door. What is the REAL cost of a $5000 bag? Surely no more than $500. 😂😂😂
I see plenty of old Dior stock in boutiques and retail stores. Whats back fired is these vendors had price increases on the old stock. I started predicting what colors and patterns for Dior that will be coming to the outlets. Dior Oblique is slowly coming into the outlets.
yes and yes, a lot of what you said is true. I used to work in luxury and I can also confirm at the end of a season once the buzz dies down and sales are over, a lot of the stock shipped out can sit in warehouses for months at a time awaiting a buyer. Maybe it gets burned maybe its distributed to discount stores. I think if these companies stopped making so many ugly designs they wouldn't have an excess of stock to worry about. They could also adopt a made to order policy for many items which would reduce overhead and waste, that is a real luxury service too many brands are afraid to touch because it could cut into profits by turning away impatient customers. The industry needs to change
Maybe people are finally getting smarter about how to spend their hard earned money and arent falling for the manipulative psychological sales tactics anymore.
Here’s hoping 💖💖💖
Psychological sales by hiring K-Pop stars? And they are so corny. One of the biggest turn off for me are those celebs. They are adding up the pricing of those luxury goods.
Aspirational customer to define poverty 😂 I’m cryingggg
Wugo wugo
❤🖤 you tell the truth Dacob
It's just a matter of time until a luxury brand opens it's own reseller.
Buying luxury most often means you are being pimped! It is a transfer of wealth from the poor/middle class to the rich.
The contemporary brands have improved quality and are giving the luxury brands a run for their money. Brands like DeMellier and Polene are offering quality luxury bags at a fraction of the cost. COACH, in 2023 has done an about turn and has greatly improved the quality of their products.
Great, let the luxury company increase price any way they want! Don't buy it
The info. one of the viewers of the live shared is acurate. Mood sells leftovers fabrics from design houses- I've found over there linings, cotton voiles and linens- they have been doing so for yeeaars now
Such an important and self-aware video!
I remember when Gucci had online sales then they stopped when Michele came onboard an sales ppl the following year looked at me like I was crazy for asking 😅😂😂
Yesssssss I remember that! I asked the associates later too and we're looking at me very confused 🤣🤣🤣
The amount of Louis Vuitton collections out every week is way too much. Like cut it down to 4 a year or less. I can't keep up with it which has made me very disinterested.
Same for me. Way too much
Just give me a decent piece of leather with clean stitching and good simple hardware, with no names or logos, and I’m happy.
Great point 💖
Fenwick of bond street. selling £700 coats is closing down after 300 years. not enough rich people in the world!!
You are so spot on with "I'm just telling from the Choir, 'maybe they scammed us' .. ". I'm done with it. The prices are outrageous & I just don't care enough anymore. Unless something is super striking and beautiful, a true work of art, the answer is no.
Hermes apart from belts and scarf they hardly sell, the 2 infamous bags is the carrot on the cake., their stuff is ugly they need good designers.
Oh its almost like their price increase strategies came back to haunt them...pls tell me one of this brands with extra stock is Chanel kekeke
Just watched this again. The end had me floored again "most of them don't have taste anyway; they buy whatever." 😭
A luxury store asked me to queue when it was empty. I asked how long? A few minutes. I said, a few minutes?! Ok I’ll came back 😉
Awesome video! I think its the stress associated with having to present yourself in a certain way just entering a store coupled with the ever increasing prices of the items and the low quality as well. You're much better off just enjoying your older collection than having to pour more money into these items.
Dacob honey. Beautiful eye makeup uou have here. Could you mayby do a tutorial how you smudge the eyeshadow and what product you actually use? It look so fantastic. Very decent but with wow effect 💋
Thank you katev 🙏🏻💖🥹 The entire process step by step of this look is available for my tier 2 members and tier 2 patrons on both my TH-cam channel and my patreon 🌅🌅🌅💖
Cucinelli has expanded to Nordstroms, but their prices now have tripled or doubled in best cases... Insufferable! Whom are they selling to?!?
I keep asking myself the same question.
Well, they always burned what they can’t sell. And the stuff aren’t allowed to purchase the unwanted goods.
Also FYI TKmax only sells goods that are made with cheaper quality especially for them, and any other so called outlets.
So it’s not the real deal. Trust me.
Just give us a bit of a discount and...problem solved. Honestly, at these prices, even a 10-20% discount is still exorbitant but we're there!!! Let the CC slide away. :)
New to your channel and love the attitude!
Thank you 🙏🏻💖
I believe all of what you reported here. Quality has fallen, and consumers have discovered quieter luxury brands who are fabulous! 💯 P.S. It's seeing MK at Woolworth for me. 😅 that took me out!
11 am , Tuesday before Christmas - tumbleweeds in Harvey Nichols
Oh wow. Is it tat bad currently?
Sounds elitis but…. There are now to many stores, to many fashion victims, then the obvious use of cheaper materials , cheaper packaging, faux fur , faux croc at real fur,croc prices! The rtw collections aren’t even fabulous it’s just basic materials and cuts
Love your vibe..new subscriber here🎉
Thank you for subscribing to my channel Julie 🥰🙏🏻💖 welcome to my channel 🌅
The constant price increases were just disrespectful
I agree
Here in Washington DC, the Chanel boutique got robbed twice in 6 months by a group. They walked in, grabbed items and walked the hell out. 😂😂😂They got bags and jewelry. I laughed my butt off. Serves Chanel right, with their high prices, low quality ass selves.
question for you - why are resalers reselling at such high prices. I saw a chanel wallet selling for more than the chanel wallet on the site when it was out. I realize that there are sold out now in stores, but seriously why would i pay and risk a fake for the full price let alone the full price plus?
New to your channel and I found your thoughts and points on this topic very interesting. Great content.
Thank you jkayeworld 🙏🏻🥰 welcome to my channel 💖
Im so glad I never fell for this type of luxury. Sure I bought good dupes in the oast just to get a feel of some of the hype but it faded very quickly. My "luxury" is at the local boutique (small local business) creating exclusive pieces (7 at the most),thats handmade with impeccable quality.
You look so beautiful, love the make up ❤ congrats on the transparent messages on consumption and marketing of these lux brands, very interesting insights here. And you are so much fun ! Keep up the great work Dacob
Thank you so much Maria 🥹🙏🏻💖
Aren’t all the materials or maybe not all or most from China and then hand finished in countries such as France, Italy, and USA? I think Spain however crafts affordable luxury goods such as Polène. I stopped buying luxury. Was obsessed in my 20s, but I prefer belt bags now that I’m almost 40. I also buy bags on Amazon if I need a certain style for an event 🤷🏻♀️
I lost interest. It gets too expensive. I bought a Loewe Puzzle in small and the Celine Classic, lastly. I dont want anything anymore 😅 seems dumb to spend so much money. I curated a beautiful little collection. That is it.
seeing how stupid many "luxury" items look as well as hearing about the lesser quality and experience, makes me want to pick up a vogue pattern for a mens suit, and have a local tailor make it with good quality materials. bet it'll look better, feel and wear better, and be tons cheaper then that one coat from hermes or gucci if i ever do decide to do it.
I wonder if there is more focus on beauty and sunglasses in relation to this alleged slow down you mention. Even outside of luxury there are some sales before Christmas which in previous years would be unheard of. If customers are finally making their voices heard via their wallets, then luxury brands may need to listen to what their customers want.
Yes high end stores are empty. I went to Gucci last Sunday and very few people going in and actually purchased something
That’s how it’s supposed to be
Oh, so that's how they do it...
Wow your tea is delicious Dacob. 👍
that person that said buying luxury fabric would be correct...its also true for any leather products from Italy ..if you have seen tanner leathersteins channel. he frequently has experts on that talk about it...Peter nitz who has opened his own luxury chain stated that for a fact....and he is one of few actual authenticators of luxury goods for Hermes...where do we think all the best fake bags come from.?..they are using top notch merchandise..and as long as they are willing to pay the tanneries etc. its a given...
Hello!
I just discovered your channel. Wonderful!!! I have become a subscriber. What is the website for the LV "outlet"... could you please share?
Thank you, thank you, thank you…have an incredibly blessed holiday season & a perfect new 2024 👑🥳🎄🤩❤️😉😘👜Love your style & how refreshing it is ❤️👑👜🥳
Thank you and you too 🥰🥰💖💫💫💫
actually I saw some posts going around of LV luggage at Costco and I know in the past they had ysl loulou with extremely long shoulder straps available on their website.
The quality is lower than it is use to be, and the prices increces, people are not stupid anylonger
Great video! What was the url for the fabric store?
I purchased a luxury hand bag as a much wanted gift and the experience and the price was ridiculous! I will never do that again. I could have painted my house for what it cost. I’m glad to see luxury demand is falling off. There no justification to pay so much for something that’s no better than a good quality leather bag.
Dacob .. thank you for being so honest and telling the truth ....and being hilarious when you are doing it!
Thank you docshirl 🥰🥹💖
"Well all of these people, most of them don't have taste anyway; they buy whatever." 💅🏻
- Super Dacob
Yeah, money doesn't buy taste. You'd think with that much money they could consult a stylist.
Your bag is not going to increase with time just because you want it to. There’s a lot of factors involved. Some of them can’t even hold up to time. Supporting all that markup is supporting greed. The brands that were luxury, and represented the finest of quality and craftsmanship. Now represent greed and are turning people into targets. I hear it said, over and over -we are paying for the name.
But why? People wised up that they are just a walking advertisement for the name. Then came the quiet luxury… 😂
Only you know you are carrying a luxury bag! Haha! OMG
Disclaimer, I’m a person who likes luxury. I’m not against it. I am currently looking for some in between brands. Brands that give you that excellent high-quality and craftsmanship. Brands that actually create beautiful works of art and not basic crap.
Something I noticed when binge watching luxury closet tours is that peoples identities and personalities are being smothered by the basic luxury things in their closet they think represent prestige. There’s so much that people miss out on if they’re solely focused on luxury brands.
Did they price themselves out of the market?
so true that why we wait for new year merry christmas love your sweater love you lot Dacob
LOVE!
💖