What The Hell Is Happening With Polene & LVMH?

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  • Опубликовано: 8 фев 2025
  • BREAKING NEWS, LVMH has invested in affordable, contemporary luxury brand Polene. What does this mean for Polene and why this marks a huge shift in the designer market. Watch next 👉 • 7 Affordable Luxury Br...
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    Do you own any Polene bags yet? I was surprised to hear that the huge conglomerate, LVMH have decided to invest in a much more affordable, contemporary luxury bag brand such as Polene but as the high-end luxury market sales are set to start slowing down due to economic reasons, it makes sense that the affordable market may be set to continue growing. Due to this new, I purchased the Cyme tote bag in both sizes from Polene before any price increases, check out my review of the popular Polene cyme tote bag here: • I Bought The ‘IT’ Pole...
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Комментарии • 90

  • @Handbagholic
    @Handbagholic  3 месяца назад +8

    Do you own any Polene bags? Up next, 7 Affordable Luxury Brands Defining the NEW IT Bags 👉 ruclips.net/video/NTqrUU-i2n4/видео.html

    • @pbtraveler694
      @pbtraveler694 3 месяца назад

      I have a Numero Uno nano bag and love it!

    • @sofyameytus710
      @sofyameytus710 3 месяца назад

      Yes. I own 5 Polene bags. I started with the original Un in black, then bought 2 Un minis with gold chains in nude and navy blue( both colors discontinued) . Then got Neuf original in chalk and finally Tonca in Arctic blue. Impeccable quality ! Love them all .
      That is why luxury company bought their shares , it’s an admission that Polene is really is a luxury brand. I am glad that bought my bags at their initial prices and at this point not planning to buy more.
      But you never know😊❤

    • @sofyameytus710
      @sofyameytus710 3 месяца назад

      Yes. I own 5 Polene bags. I started with the original Un in black, then bought 2 Un minis with gold chains in nude and navy blue( both colors discontinued) . Then got Neuf original in chalk and finally Tonca in Arctic blue. Impeccable quality ! Love them all .
      That is why luxury company bought their shares , it’s an admission that Polene is really is a luxury brand. I am glad that bought my bags at their initial prices and at this point not planning to buy more.
      But you never know😊❤

  • @carrino15
    @carrino15 3 месяца назад +146

    We know what is going to happen. Greedy price hike, lower quality and lower innovation. Polene is gone now, buy before it is totally ruined.

    • @kellygrace1617
      @kellygrace1617 3 месяца назад +7

      That was my first thought too! I have a polene and was thinking of purchasing another, but this kinda makes me rethink that. I don't want to give more $$$ to a greedy man.

    • @mainelux5482
      @mainelux5482 3 месяца назад

      My first,too

    • @tarreemhacaruso2687
      @tarreemhacaruso2687 3 месяца назад

      @@kellygrace1617 exactly

    • @amberr.6235
      @amberr.6235 3 месяца назад

      @@carrino15 From what I’ve heard the quality has been going down since they’ve gotten more popular and that was before LVMH came in so I can’t imagine how this is going to go

    • @MonisiaChip
      @MonisiaChip 3 месяца назад +9

      I think it is to late...just received tonca last week, and Polène logo crooked badly... nobody yet replied to my email. I think having a crooked logo is unacceptable at this price point.

  • @mr.ryan.nguyen
    @mr.ryan.nguyen 3 месяца назад +88

    They acquired polene to captured the lower/middle income market. Since all of lvmh brands are now out of budget for most people and continue to experience sale loss, they needed something to generate sales.

    • @Handbagholic
      @Handbagholic  3 месяца назад +11

      Yes, I think we will see more of this as the more affordable / contemporary market grows and super high end slows down

    • @tarreemhacaruso2687
      @tarreemhacaruso2687 3 месяца назад

      They have a habit of raising prices to astronomical amounts so I trust them NOT.

  • @tininaparker6588
    @tininaparker6588 3 месяца назад +12

    I have wanted a Polene bag for a while now. This news makes me feel pretty certain the prices will go up.

  • @pattywilliams788
    @pattywilliams788 3 месяца назад +17

    High end fashion brands (or huge corporations for consumables in general) have taken notice of smaller and more niche brands that are popular with the masses; this is especially so with the ones that have great quality and affordability. They swoop in and buy or take over these beloved brands and precede to change what makes them special. I know this video is about LVMH in particular. However, I know this phenomenon covers categories where money and greed come into play. If I may write a novel, Steph, I am a black woman and my demographic waited for years and years to find brands that cater to us where hair products and makeup, etc. are concerned. Some of the quality and affordable brands have been taken over and changed to maximize profit and reduce quality. They soon became just like every other over the counter product and stop being what made them special. It’s really sad. I hope Polene doesn’t allow their control to be taken away from them. That would be a real shame.

  • @baddcheeta.
    @baddcheeta. 3 месяца назад +16

    The wolf is out for blooddddd.. currently scrolling through Polene’s website before the prices quadruple 😖

  • @tinaredecha8732
    @tinaredecha8732 3 месяца назад +11

    Yes, polene prices will surely increase. Yes, I’m ordering one in the next week!

    • @Handbagholic
      @Handbagholic  3 месяца назад

      Which one are you going for?

    • @thebougieminimalist
      @thebougieminimalist 3 месяца назад

      @@Handbagholic well I’m planning to order the large cyme this week, is this not a good idea? I love the bag

  • @JackieSussan
    @JackieSussan 3 месяца назад +20

    Polene has already hiked up their prices. This will only get worse and it will no longer be affirdable for the rest of us mortals that dont have millions to invest in luxury handbags

  • @mansoor3159
    @mansoor3159 3 месяца назад +6

    Steph your videos are genuinely fantastic and whenever you posts a new video it's makes me so so happy and May God Bless You Always💖💖😀

    • @Handbagholic
      @Handbagholic  3 месяца назад

      Thank you as always Mansoor! Hope you're safe and well

  • @maisy4675
    @maisy4675 3 месяца назад +60

    Well there goes another brand ..

    • @amberr.6235
      @amberr.6235 3 месяца назад +4

      Unfortunately I’ve heard Polene’s quality has been going down since their popularity grew and that was before LVMH came in so I can’t imagine how this is going to go

  • @shelbyruyle
    @shelbyruyle 3 месяца назад +13

    Chinese demand has collapsed and LVMH needs to find growth somewhere. Seems reasonable they would acquire lower cost brands.

  • @nbash6396
    @nbash6396 3 месяца назад +7

    OMG... I need to buy a Polene. I actually been shopping at Fashionphile that you recommended

    • @Handbagholic
      @Handbagholic  3 месяца назад

      Oh nice, which pieces on Fashionphile are you loving? That website is so addictive haha

  • @5ftNothing
    @5ftNothing 3 месяца назад +3

    I hope they don't sell any more of the company but, having said that, LVMH usually likes to be either the majority shareholder or to have total owndership. I really love my mini Cyme 🖤

  • @Monika-kc8vv
    @Monika-kc8vv 3 месяца назад +12

    I have several Poléne bags. No, I will not buy any further bag from them, just because the reason of having the wolf in the background.
    There are many other midrange affordable bags on the market in which I shall invest.
    The race for high end designer bags is becoming silly and rather pathetic.
    Great video, thanks and have a great weekend 🎃

  • @ronnieb895
    @ronnieb895 3 месяца назад

    Hi Steph great content. Thanks for sharing❤ Greatly appreciated!

  • @nhkruemel
    @nhkruemel 3 месяца назад +3

    I definitely think I did everything right by buying the regular Cyme last August. I like this design but anyway it was quite spontaneous, as if I did smell that rat. I already own four "Old Celine" bags (2 Belt, Phantom Cabas and Seau Sangle), the YSL Sac de Jour Souple Baby and a wonderful vintage Bottega, so I'm pretty happy with my small selected collection now. This business is getting really crazy and I don't want to be part of it anymore.

  • @gablovesplantssydney
    @gablovesplantssydney 2 месяца назад +1

    I like the Polene bags because they are good quality and don’t have massive labels on them. People who know quality leather will look at the construction from ten paces and say, that is a nice bag. I bought my first Polene 4 years ago and it still looks like new even after me using it on high rotation.
    I had heard recently from a you tuber that the quality might have gone down which would be disappointing but maybe with the acquisition the quality can go back up (not that I have noticed a difference).
    I don’t mind paying for quality, I do mind paying just for a name.

  • @NashvilleFrank
    @NashvilleFrank 3 месяца назад +2

    This LVMH investment group bought Bicester Village a few months ago. How will that work? Great vids always!

  • @pepperpaige203
    @pepperpaige203 3 месяца назад +40

    So prices will skyrocket and quality will go down.

    • @Handbagholic
      @Handbagholic  3 месяца назад +1

      I guess time will tell! Hopefully not :(

    • @kellygrace1617
      @kellygrace1617 3 месяца назад +2

      Thought the same thing!

    • @murtila4456
      @murtila4456 3 месяца назад +1

      It already has.

    • @amberr.6235
      @amberr.6235 3 месяца назад +2

      Since they’ve gotten popular Polene has already had price increases and a decline in quality unfortunately

  • @GailKuzyszyn
    @GailKuzyszyn 3 месяца назад +2

    I bought a black leather and suede Polene bag in 2019 and it is high time for me to bring it out and use it. Here's hoping their prices won't skyrocket.

    • @amberr.6235
      @amberr.6235 3 месяца назад

      They’ve already had price increases and a decline in quality unfortunately

  • @selinehermes
    @selinehermes 3 месяца назад

    Unique in the fashion industry with its outstanding quality and unique style

  • @corettaburrowes9559
    @corettaburrowes9559 3 месяца назад +1

    So to answer all three questions is no, yes and it's only a matter of time x

  • @suzannehall5200
    @suzannehall5200 2 месяца назад +2

    I’m old enough to have seen this situation many times. I believe LVMH are feeling threatened by the mid price brands and are out to kill the competition. Just watch the prices dramatically increase, thereby getting rid of Polene’s current customer base. Then they will wait a few years and we will be hearing about how badly they are doing and they will be closed down.

  • @MaycoFabon
    @MaycoFabon 2 месяца назад

    What I want to say is that I spent less than $ 100 from the fake LV I bought from kislux . The quality is very good. I spent four years on the plane, the bus, and anywhere. As a rag. I specially smelled the bag and compared the stitching color. This is the most authentic I have ever seen. To this day, this bag is still very strong. Although it has been abused, the material is still great.

  • @sassimaus2
    @sassimaus2 2 месяца назад +1

    I know they are gonna raise the prices. I better get myself a polene before the prices will increase

  • @2CrazyFrenchies
    @2CrazyFrenchies 3 месяца назад +2

    I actually don’t think they will raise prices that much. I think this acquisition is because LMH has painted itself into a corner with the price increases. So instead of decreasing prices at LV and showing that demand is in fact weak, they’re going to buy cheaper brands. They’ve hurt themselves with these increases!

  • @user-gr7jo9qb3l
    @user-gr7jo9qb3l 3 месяца назад +6

    They made Loewe ugly w their huge logo straps. Glad I got Strathberry before they maul that too

  • @smellydog454
    @smellydog454 3 месяца назад +1

    I ordered a Cyme on Thursday and only after ordering am I learning about all this drama unfolding and I'm increasingly worried im going to receive something terrible

    • @luciastevarova2866
      @luciastevarova2866 3 месяца назад

      I got mine last week and it was perfectly Ok! ;)

  • @Indiana_Girl757
    @Indiana_Girl757 3 месяца назад +8

    Thumbs done because LVMH and not you!!!

    • @Handbagholic
      @Handbagholic  3 месяца назад

      haha, one day! Not sure I fancy taking Bernard on :D

  • @blissfullyme2815
    @blissfullyme2815 Месяц назад +1

    Polene is set to increase their prices once more for some models on 1/6. Demand in replicas will simply increase, and people will buy more of those. The rich also buy replicas, so say what you want. Look at what happened with the “wirkin” selling out and it looks identical to the original Hermes bag too.

  • @leonieoutdoor1770
    @leonieoutdoor1770 Месяц назад +1

    I was even planning of selling my Numero Un smh😢 dang

  • @mwedzi
    @mwedzi 3 месяца назад +1

    I have one Polene, the full size Neuf. That's the only one I really want, though the Mokki is kind of appealing to me. Trying not to buy something I don't really want because of FOMO ...

  • @saraa7117
    @saraa7117 2 месяца назад +1

    The beautiful bag has no lining pockets inside for a $600 bag. I was about to purchase but got discouraged because if that fact.

  • @somethinelse0930
    @somethinelse0930 3 месяца назад +3

    Well, I guess I will get me another Polene before another price hike.

  • @ellenmerkle940
    @ellenmerkle940 3 месяца назад +3

    Didn’t they have a quality problem about a year ago?

  • @karyannfontaine8757
    @karyannfontaine8757 3 месяца назад +5

    That means the Polene quality will go way down and Prices will increase tremendously. I will not buy although I loved the brand before LVMH tainted it.

  • @debbiebartlett2902
    @debbiebartlett2902 3 месяца назад +1

    I wish I could afford a Polene Handbag. 😢

  • @GailSilverman-vy5qi
    @GailSilverman-vy5qi 3 месяца назад

    We’re can you buy this bags ?

  • @vl5562
    @vl5562 3 месяца назад +1

    Hopefully LVMH don’t start make Polene bags in USA. I have been so many LV bags that made in the USA got all kind of issues. Sadly.

  • @elisemcuk9808
    @elisemcuk9808 2 месяца назад

    The quality dropped and the prices rose well before LVMH invested in Polène.

  • @chaiwellness
    @chaiwellness 3 месяца назад +1

    Interesting! With respect to pronounciation: Bernard = Burr-nard (nard is pronounced like yard). Arnault = argh/r/are-know. H = aitch. Hope that helps!

    • @linlinlala
      @linlinlala 3 месяца назад

      Thank you. I was just wondering if H is really pronounced like this, because English is not my first language.

  • @bsluxeplusaustralia378
    @bsluxeplusaustralia378 3 месяца назад

    Owe no. I think they will hike up prices. 😢 I love LV AND I LOVE POLENE. but I don't want more increases. I hope I'm wrong.

  • @anonymousanonymous-u9f
    @anonymousanonymous-u9f 3 месяца назад +2

    I thought it was a minority interest? It’s hard to resist to become a multimillionaire by selling their business. LVMH did it to stop that anti luxury bag movement. LVMH can totally destroy Polene. It’s pocket change even if Polene failed miserably.

    • @Handbagholic
      @Handbagholic  3 месяца назад

      Hiya, yes it's a minority this is what was shared in the video. It'll be interesting to see what they do

  • @Potter_Mischief
    @Potter_Mischief 3 месяца назад +1

    Of course being merged they eventually will lose their affordability and quality, has happened to all of the other brands they have under their wing. Is just gonna be another one. That’s the way I see it. I do not have one of their bags but I’ve seen how hipped it has become and surely that’s what’s gonna happen. 🤷🏻‍♀️

  • @TheMomLifee
    @TheMomLifee 3 месяца назад +3

    Oh no! I should have bought my second Polene bag right after my first in 2020!

    • @amberr.6235
      @amberr.6235 3 месяца назад +1

      Especially since they’ve had price increases and a decline in quality

  • @kdgeckoknits274
    @kdgeckoknits274 3 месяца назад +1

    Affordable price point equals lower quality materials and less attention to detail. I have never been a fan of Polene. I find their handbags too trendy, which means customers will be encouraged to purchase new bags every season, just like high-end luxury brands. Polene will do whatever favors their financial bottom line. Can't blame them. This is business. But, as I said, I'm no fan of Polene, so none of this makes any difference to me personally.

  • @adrianabaytalo5241
    @adrianabaytalo5241 3 месяца назад

    Now I don't care at all the Poléne bags are very bad finished the the seams are a mess 😅

  • @riinakuik
    @riinakuik 3 месяца назад

    Why not, if there are individuals out there who happen to like handbags resemble a huge pair of underwear… 😂 I would never buy something like this.

  • @sestricaanutka
    @sestricaanutka 3 месяца назад +1

    Polene is now almost mass market, i see them everywhere, so I think I am not going to buy anything from them

  • @kerritotty1844
    @kerritotty1844 3 месяца назад

    Sounds like the Estée Lauder empire

  • @tallspicy
    @tallspicy 3 месяца назад

    Lvmh will make the mistake of killing the golden goose…

  • @fafaniglam2463
    @fafaniglam2463 27 дней назад

    Prices got high already ! Not interested anyways

  • @kayleigh3310
    @kayleigh3310 3 месяца назад +2

    The Polene Family saw a great deal and capitalized on it

    • @Handbagholic
      @Handbagholic  3 месяца назад +3

      Yeah for sure. It seems like they were in need of investment to scale, it looks like they are planning lots more physical stores

  • @SlackSlackSlackSlack
    @SlackSlackSlackSlack 2 месяца назад

    Polène had gone down already. So nope.

  • @juliareyder2157
    @juliareyder2157 Месяц назад +1

    What size is the black polene bag that you showed?

    • @Handbagholic
      @Handbagholic  Месяц назад

      The black one I have is the mini size. I've done a size comparison video here if you need more info: ruclips.net/video/LeAzPzDu84I/видео.htmlsi=8rkqxhblnhSZkS1u

  • @olenaz8624
    @olenaz8624 3 месяца назад

    Oh no

  • @jayu.3451
    @jayu.3451 Месяц назад

    Jan 6, 2025 start pricing go up now. 😂

  • @albertmyers7176
    @albertmyers7176 3 месяца назад

    ❤❤❤❤❤😎😎😎😎😎

  • @DBhhgff-bq4qc
    @DBhhgff-bq4qc 3 месяца назад +3

    Not a wolf, more like cancer spreading…

  • @mr.ryan.nguyen
    @mr.ryan.nguyen 3 месяца назад +2

    First 🎉