Dior's $2800 Bag Costs Just $57 to Make! | Vantage with Palki Sharma
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- Опубликовано: 3 окт 2024
- Dior's $2800 Bag Costs Just $57 to Make! | Vantage with Palki Sharma
Recent investigations have revealed that two of Italy's most prominent luxury fashion houses, Dior and Giorgio Armani, pay a surprisingly low amount to produce handbags that retail for thousands of dollars. Documents examined by the authorities show that Dior paid a supplier only $57 to make bags that sell for about $2,780. So, what explains this stupendous price markup? Are you paying for quality handbags or are you paying for the brand? Palki Sharma answers the questions.
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Handbags | Luxury | Dior | Giorgio Armani | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#dior #handbags #probe #firstpost #vantageonfirstpost #palkisharma #worldnews
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Firstpost is now 5 million+ strong! Thank you for your trust, dear viewers!
Congratulations 🎉 especially Palki Ma'am.
Cos of Palki Sharma !!!
I appreciate that u bring all these news items to us in a manner which even a person who's not so educated about the subject could understand it...
Thanks for the news dear, love you 🌹
Congratulation Firstpost! Keep bringing the news without prejudice!
People who buy these products have more money than sense.
My great uncle Albert was was partial to the use of the word "foolishness" when he observed "modern" behaviors. I use the "more dollars than sense" as a characterization of some people.
So correct
They may have neither.
Not all of them
Excuse me? 😡 This comment is very insulting! There is no need to be rude.
This is why I prefer to support small businesses who make high quality products with a more reasonable markup.
The fashion world changes quickly, and high imitation allows me to change styles frequently and keep up with trends. Friends, let me unveil the mystery of *condup* for you. Hopefully you guys didn't spend too much money on fine jewelry and stuff.
My mom bought an LV from *esluxy* and she loves it. It’s been there for over 10 years when she went out.
I love how honest you are about everything. when someone is carrying a *esluxy* and you pass them on the street no one can tell whether is fake or real one because you cannot do this much analysis on it. what I hate about LV and why I stopped buying them is that many people assume your bag is fake when they pass you on the street. It's very annoying. one time a woman walked up to me and actually asked me if my bag was "real". after spending almost 2K on a bag and being asked that question was so offensive i stopped carrying them. People look more at the person carrying the bag and assume wrongly whether is real or fake. it is extremely annoying
I can honestly say that I have never worn or carried anything on my body that I thought people noticed when I walked around, or that I thought I looked pretty. I just don't care. Thanks for reminding me. Things are only worth what people are willing to pay. This will always change, and buying *esluxy* that make you happy is the truth.
My Chanel SA told me they are raising prices to discourage reselling. Prices in the UK have increased by 64%, which is crazy to me and I will not be buying any bags from them anytime soon. I feel their prices are too high right now and I have been buying Chanel recently at *esluxy* .
I used to work at a Fine Art Printshop in NYC. We worked with a prominent artist who would literally paint a single paint stroke on a printing plate. We would then print that image 50 times on $20 sheets of paper. Sold each copy for $5000 each. Entire edition sold out. It’s all about “perceived value”.
Lies
I need to become an artist😂
@@casstay4499 Funny Itoo want to be an artist but an Austrian artist
I like DeMellier and Strathberry. I just bought the Midi Montreal from *hotdups* and am considering buying the Miami next time.
*hotdups* You are so well-informed about luxury accessories and bags. You've obviously done your due diligence and the comparison to the US is very informative...because of course, I live in New York. thank you very much
I worked for 4 years in Prada, 3 months in Dior and mixed branded shops. I agree with the information provided in this video that most of the time ridiculous prices don't represent the quality at all. They teach employees to sell the image and say we are selling emotions rather than product itself. It is just brainwashing.
Do they dump bags like those luxury clothes as well, to load new ones?
I recommend a book (Secrets of sanatan dharma) fantastic book by Author Sai Prasad panda
At this point though- wow!- have we lost a sense of real value and tangible quality??
I would prefer a *esluxy* - a copy of a design I like but without the branding which would make it a replica. When you look at the jaw-dropping greed of these luxury brands coupled with a growing contempt for their customers, their appalling behaviour is a a terrible role model for society. They could clean up their act by making bags with realistic price tags.
@@dapperlygrungy3189fair enough. Enjoy them.
The world is crumbling because of greed.
People that waste money like this are like brothers to the devil’s , they only worship the money
It’s been that way they just can’t hide it anymore BECAUSE of that Greed .. don’t vote the democrats
Soo true. Greed is second nature of human kind. It will be the end of us
And the need for approval. By that i mean the consumers. They buy whatever is expensive to appear rich and respectable.
YES and we are seeing it.
The fact that it’s literally worth so little makes the way they handle it with gloves as if it’s priceless bizarre. The way they treat the bag with more respect than the people who made it is despicable.
How true
👆
You said that very well. The purse receives more respect and more care than the people who made it.
That's unregulated late stage capitalism for you
@@sabrinamystified Things should come with a label specifying how much they cost to make, including labor. That way, people know exactly what they’re getting for their money. Also, how much the people who made it got, so they can boycott them. Just like labeling what food or clothing is made of. If people know something has certain chemicals in, consists of cheaper ingredients, or is synthetic, they would tend to avoid it unless they were unable to afford better. So, they/we should have the choice of avoiding products that exploit others, including them/us (the customer) by overcharging and the labor by underpaying for profit, too. Makes sense to me. This is just horrendous, and it’s happening everywhere. I’m tired of working hard only to be robbed every time I buy something. But at least I never bought any of these luxury brands.
I think same applies to Gucci, Chanel, Louis Vuitton and every luxury brand, we are just paying for the brand not the actual product itself.
Of course, i own a Chanel lipstick and guess what ?? My lips still looks the same ...
I read about Bulgari opening a hotel in Rome where each suite costs $38,000 per night. The interesting thing is that the rooms and furniture look very ordinary. I think people who are out of touch with reality assume that $38,000 is a bargain!
Is a Ferrari really $250,000 better than a Toyota Prius? It probably only costs $50,000 to make a Ferrari.
We? Nah bruh! I ain't paying for nothing. I'd rather invest in gold
@@mocheen4837 . Very different concept.
$50 for the materials and labor and $2743 for the brand/logo.
the brand/logo ain't free?!!
Exactly 😂😂😂😂😂😂😂
Great for the brand sellers, very bad deal for the buyers.
Yup, to establish brand is not easy. That company not just simply selling bags but a status symbol.
🤑🤡🤮
There is a saying , '' you don't just buy the brand, you buy the arrogance with it.''
I don't own anything luxury and I won't even buy even if I can
Same here.
Branded only if its quality in comparison is high. Not to show I can afford it
Some women like to compete with other women in their friend circle.. I was working as a Home Health Aid..and was surprised to see my patient with a whole closet of brand name handbags and shoes. I can't understand the need for that..only to sit in the closet...
I pay a fair amount for shoes especially the ones I workout and play basketball with. I can own 2 nice watches, perfume and the rest I prefer wearing secondhand clothes and support local brands. I’m from Rwanda and ever since the government overtaxed western secondhand clothes, many local brands started appearing. Some are luxurious and some are affordable for everyone. Plus they have unique designs.
@@doreenbalwantsingh2363 wemen...whats the point of you apart from reproducing? Always swindling the hard earned mens and family savings just to show off to fellow peers and relatives how well off they live. Wemen and sane are miles apart
@@EA-dwellerOhhh brother you are in for a surprise about perfumes too. It literally costs less than 10 usd to produce a perfume which they sell you for 200.
We all need to buy things that are locally manufactured.
These were locally manufactured in Italy, so it's local for Italians.
@@sariat2307 We all need to buy things that are locally manufactured and and sell things that are locally manufactured.
U haven't watched whole video ?@@sariat2307
China is your good friend. You know you still need him regardless 😁🫢🙄
@@sariat2307so let them but it
There is no reason for a bag like the Birkin to cost anywhere from $20,000 and up.
I watched a documentary from 10 years ago where Kering was exposed for outsourcing manufacturing to contractors that employe exploited chinese migrant workers. Because Kering and other luxury brands want to maintain their Made in Italy status, but want to keep their high profit margins. What they could do is simply open factories in China, but that would mean having to label their products as Made in China. So that's when the contractors come in, instead of making products in China, they bring chinese workers to Italy. These migrant workers have to live in the factory compound in squalor and are paid very little in the sweatshops. If you buy replica bags from China, don't feel guilty, those bags are probably more ethically manufactured than the authentic bags.
China is worse when it comes to unethical practices, unhygienic working conditions and violation of rules..
Omg...😮
Yes Or they will make products with 50 per cent of the raw material from Italy and outsource the actual manufacturing to China so they can keep the Made In Italy label. I don't buy luxury goods because I know how much they cost to make and how they are constructed.
Thank you for making this video I just started my *esluxy* collection and I love watching people's thoughts and reviews prior to buying them it's something I've worked hard for and you have too and I hope people can stop being bitter about subjects like this and I hope they can if anything be inspired to work hard for the things they love and are drawn to.
100% agree with you,don’t feel guilty on buying replica bag ,they are telling the truth and maintain quality also
They are NOT SELLING the product, but selling an IMAGINARY BRAND to STUPID RICH BUYERS...😂
they are selling a the room in a person compensating for a lack of confidence.
The majority of people who buy their product. Are the middle class. Most people want to look rich.
Rich people don’t buy them. The people who want to be perceived as rich buy them. This completes the circle: The poor looks rich while making the rich richer. 😂
No to rich buyers, but rather wannabe rich people
Absolutely @@thomaskim3128
Price tags for Chanel bags are over $10,000.. it blows your mind! How do they even ask that kind of money??!!
Because the world is full of stupids
Oh surprise. Prada is selling a crochet bucket hat for 720€ that has a material cost of 5€ and which i can crochet in 6 hours.
I saw that hat, one rich lady from instagram was wearing that hat together with prada denim shorts and a a denim top looking like bra. All of it looked like denim outfit from 90s that my mum used to wear at home. Absolutely basic ugly things with a super high price for each piece.
I HOPE you sell it for a decent wage LOL. Folks will still save money.
Such a great collection of vintage/pre owned bags! A vintage *gtdupe* is definitely also on my list
All dat *gtdupe* bags sssssoooooooo gorgeous
how much is your time worth to you? I'd say at least $20/hr so you making that yourself cost $125
We are paying to showoff others we can afford 2800dollar bag for a 50dollar bag as it's a competition who can waste more money among friends and peers
It's so sad they not deferent from Shein
The worker who made that bag have same condition
I Recently Bumped Into A Company Named 'Eske' Which is An Indian Company. The Quality is Superb and Their Entire Genuine Leather Range Has Lifetime Warranty. I Bought A Genuine Leather Bi-Fold Wallet and Amazed By It's Quality. People Should Avoid These Foreign Brands and Opt For Indian Luxury Brands Which are Way More Affordable Yet of Premium Quality.
I have a masters degree in Digital Marketing and this is exactly what we studied. It doesn't matter what the product is. If you can get the consumer to relate to it and for the image to be expensive and premium, then the customer will pay for. I laugh when I see people who can't afford these products buying them because it's all designed to be a head game and they don't even know it. If you can afford it fine and if you can't afford these products, but you still have to have the look, just buy the "fakes".
UR writing is Good and to the point, But I Dont Think This newsChannel is morally Right in Damaging Big Brands and Their Trade Secrets which includes Digital marketing Strategies,
Let Brands make and market Anything!,
Let Those with money and Desire Purchase Them!,
This is Just Pure Business!, :-)
IF They Are Killing Live Animals For Their Skin and Leather, Then That is an issue to be Dealt with By Nature Lovers,
Agree with U! I buy knock offs in leather actually better quality for 90% off!😂😂😂
Which institute u did digital marketing
i don’t think the consumer is as stupid as you think. the majority probably know in the back of their mind what’s going on and understand this “head game” you speak of, but they just go with their emotions because at the end of the day as long as it makes them feel better about themselves that’s all that matters.
i dont buy fakes...just gives the impression that u're trying too hard..i rather buy brandless but with nice materials..
I am not sure how this comes as a surprise. YSL, Dior and Chanel have been making H&M level quality products for years now.
Lol so true.
But they will tell you that its false because you have no proof! Here isTje truth!!!
Sorry, but YSL and H&M are not even in the same Universe. The materials, workmanship and long-lasting quality of Saint Laurent cannot be found at H&M. I'm referring to the clothing, shoes and accessories.
@@LisaCulton I HAVE SPOKEN TO OWNERS OF CLOTHING FACTORIES. THE MATERIAL FOR LUXURY CLOTHING ARE SLIGHTLY BETTER QUALITY. Same factory, same workers lol. They were paying workers $2hr to manufacture these luxury clothing. This was in the news in 2018.
@@chicabodes9817 The quality is tremendously better. I own items from both H&M and Saint Laurent. For example, an H&M bag usually will not be made of real leather and will have the cheapest, lowest quality hardware. The H&M clothing are mostly synthetic fibers, poor craftsmanship and ill- fitting. On the contrary, the saint Laurent clothing is of the finest wool, silks, cashmere and cotton and the fit is amazing (, especially for a tall person like me). When I wear H&M clothing, nobody says anything, but when I wear a Saint Laurent ensemble (no logos), I get compliments galore. The people have no idea what I'm wearing or how much it costs, but they know it looks good.
Vintage chanel bags have better quality.
So WHY this brands not being investigated, exposed and punish ?
When I produced my product I was allowed only mark up 25%..they do 500% O more
It's a crime...they did for many years. Dupies shouldn't be punished at all...
My sister buys such bags...more than the fear of losing money...she fears losing the bag!!
Reason - madness. Show off. Lower self esteem and self assurance. To feel equal to the ppl who are above them in social status.
To let others know how well off she is...and what a great lifestyle she has.
She regrets now...after layoff. Dont waste money. Its not just notes. Its ur time, hardwork, effort and skill. Respect them.
Most buyers know that big brands make a lot of profit. But the key point is that these buyers aren't just looking for quality. They buy expensive items to show off how much they can spend and to look important in society. That's why many people who buy luxury items aren't really rich; they just want to seem like they are.
This isn’t new. If you don’t want it don’t buy it. Workers’ pay, shipping, advertising, retail space costs, shareholders, & yes, quality is always top notch. And more that make such goods cost more. Don’t listen to this new report. Try going into business. Don’t forget taxes from governments.
These brands targets poor. They show a false image to the poors that rich uses them. The poor who never saw rich falls for that and buy cheap products at expensive prices
She can still sell those backs and redeem
@@maninscrubdallas8694
> quality is always top notch.
quality that you can get with 57 dollars, not more
That's why I don't buy Branded items; I buy things that fulfill the intrinsic need, not for optics and validation.
Very true
Preach it!
😆😆 optics.
Small income mindset. My 10k Hermes bag sells for $30k even after use. That’s $20k profit. Cheap bags don’t do that.
@@Mb-eo6bg Big income mindset always checking up on Facebook marketplace to buy and to sell. Tell me you saw $30k Hermes bag for $10k on Facebook marketplace and waiting to sell off your entire furniture to pay for it. Low self-esteem.
I don't need vanities to announce my presence anywhere ok. My personality does.
It’s not companies’s fault , it’s the consumers who are willing to pay.
There’s a special dignity in wearing unbranded high quality items, instead of embarassing obnoxious logos of other people’s names as unpaid advertisement.
The real luxury is in bespoke items! Unique, one of a kind models.
There are similar unbranded designer inspired ones sold online for far less, with their own twist in design. Just make sure you test for lead content in the paint, varnish, and hardware…
SPOT ON! I have the best wardrobe because I shop like that.
Yes I like quiet luxury.
1000% agree!!!❤
100 %
Yeah vintage and now its being hunted down making thriftstores no longer cheap 😔
This is why replicas are same or better quality at times. They cost around the same to make.
Replicas are normally made of faux leather. Those that are made from real leather aren't that non expensive.
but why buy replicas- the designs are stupid whether branded or not. after all its a bag, who cares.
@@seemamenon9897u need to check out NBC going uncover. In 2024 the replicas are more genuine than the real thing. The replicas are now made of real leather. Shocking!!!
Thank you. Who looking stupid now. I hope they bust all these companies with the foolishness
@seemamenon9897 doesn't change that its made in china
American here, I love when I find Made in India things, you people make some of the best stuff, especially fabric, linen....Some of the worst stuff are made in Italy, sure you have the luxury label, but their stuff sucks longevity wise, and Ferrari and Lamborghini? They are museum pieces, not to be driven everyday, especially worst is Maserati, they are throwaway automobiles. India you have the technique and brainpower to be a powerhouse of manufacturing, I think India, not China, should be the country to do business with, god bless.
Thank you for this wonderful message
I use my *jklux* as a work bag and have had no issues at all. It’s a comfortable bag, fits a good amount and hadn’t lost its shape. With that being said, I also take care of all my bags and don’t carry a water bottle, pens, keys or anything that can damage the interior.
Why is it that when Palki Sharma says that the news is unfiltered and unvarnished i believe her? I think her reputation for great journalism speaks for itself
She also buys name brand handbags that she is criticizing
Talk about the new criminal laws baby.
The same with INDIAN billionaires who own luxury homes, chopper... hardly pay to their workers in the middle East ..
Google hinduja switzerland
I can customise better' product than this in $25 from dharavi leather bag manufacturer and if i can display this in any of diors or Armani showroom i can guarantee you it will be sold between $3000 to $4000 ..😂😅
Never understood the hype behind these bags, its just a utility item after all to carry things around 😮
Exactly
Correct.
yeah, ok. But they pay millions and millions to Nicole Kidman, RIhanna. These brands would sell more of these bags if these bags were priced even 100 times more than the current price. The point of this is that rich people want to buy things that most others can't afford to make a point that they own unique items.
No sane men buy luxury products to look cool or pricey. Its always one word. Wemennn !
@@kirank4623 women and Nigerian men lol😂
@@OfficialKayla-x2v u mean majorly wemen....atleasy only a minority of men do that...but not these selfish wemen who wanna swindle spouse and family hard earned savings to fuel their extravagant lives to the peer and relatives. Wemen what's the point of you apart from reproducing?
Those are American rich or new money. Most rich people don't care for brands or prices....they are cleverer they are, the simpler they look.
It's not really that unique when everyone and their mum are toting an LV, a Gucci ect. People think they are unique but in actual fact look like everyone else because everyone takes 'inspiration' that they copy from social media and advertisements. Luxury brands are no longer luxurious because they actually target the middle class folks who pay a few months salary worth of money for a bag.
Emptiness and a big hole in the soul that needs to be filled with stuff...
👌💯
U nailed it 🎉
😂I think not, many people have more money than they know what to do with it
@Yougotthis1212 that's precisely the problem. 3/4 of the world barely has enough, so how can anyone in all seriousness not know a more useful way to deal with any surplus?
Well said!!
Same happening with Apple too, average products being sold at mindboggling prices due to brand value
No sane men buy's luxury product to look cool or pricey. Its always one word. Wemennn !
@@kirank4623not true. There are lots of cheap women nowadays. My friend just treat a french fries to sleep with woman
@@insanhina9255 @vi950 most men they buy it coz they can afford it. They don't do it when their family is pulling strings. When their dad is struggling to make a living and all wemen need is a lifestyle comodity to show off to fellow peers. Even after marriage, to relatives and friends how well off they have swindled their husband's hard earned cash. Wemen. What other use of y'all apart from reproducing?
@@insanhina9255 with no skills to feed their single mommy lives what's the point of you wemen trying to swindle the mens cash
Apple is different. It’s a premium brand.. super good products but yes you have to pay the Apple tax
How is this news ? Capitalists being capitalists...m
Luxury is scam
For sure
And who buys them? Wemennn ! Who's deceived? Wemenn !
@@kirank4623 like men don't buy nike, apple or other over rated brands
@@Munni33 we buy them coz we can afford to do so. Plus what is the use of just flaunting off your makeups accessories clothes and bags..... Which has no use in real life. Atleast we buy something to make use of those. Plus you buy only to show off. Even if it is to put your struggling family down, your dad suffering to make ends meet, and all u care about is some jewels and dresses to make u feel cute and attention seeking. There has been no real use of wemen except reproduction.
@@Munni33 majority of wemen buy expensive crap even with a low status income than majority of men. All that matters to majority of us is living a simple life with less drama and more peace. I cant imagine being born an emotional dumb and stupid being such as wemen. All you know to do is play act whine and flaunt what god gave u as a sex symbol
I love the grounded reality of this channel!!!
Retirement took a toll on my finances, but with my involvement in the digital market, $15,000 weekly returns has been life changing. AWESOME GOD ❤️
I feel sympathy and empathy for our country, low income earners are suffering to survive, and I appreciate Marc Andreessen. You've helped my family with your advice. imagine investing $30,000 and receiving $95,460 after 28 days of trading.
Well I engage in nice side hustles like inves'ting, and the good thing is I do it with one one of the best(Marc Andreessen), he's really good!
Did someone just mention Mr Marc!? Damn! You just made my day; what a coincidence.. I've worked with him for over 2years and I can tell how good he is
Any specific guide. I'm from Georgia how do I go about this? I think I'm interested how can I get in touch with Mr Marc Andreessen
HE'S MOSTLY ON TELEGRAMS, USING THE USER NAME⬇️⬇️
Same is true in carpet industry. Handmade Rugs in US are sold at too high prices while they forced poor countries like Nepal and India to sell at very low prices making weavers poor for whole life.
Who is stopping you from building a brand? Its hard work that someone else is doing!
iphones,ipads are just the same.
@@Sunj7if they sell make a brand do you think people will buy them? People mostly pay for the brand that are well known
U r misunderstanding hardwork with exploitation @@Sunj7
@@user-vm8ow6ws7e to my knowledge only one Indian company has atleast tried to build a brand for hand bags and that is hi design. They have stores in malls. Hardly any competition for them.
Woww...We are now talking on such Topics 😂😂😂😂 THE WORLD HAS STARTED MAKING SENSE 👍👍
we know very well that the exclusivity of a luxury brand is also given by the price and concerns watches, jewels, cars etc., but we cannot deny that they are objects of clearly superior quality to others and if a scandal about illegal practices occurs it is because these brands are checked and made in a country with rigorous laws to protect workers and consumers, something that cannot be said for other brands that produce in countries where workers exploitation is normal and accepted
Superior quality like seriously ? The western countries always downplays about other countries quality . Still their luxury products are made in Asian countries. Where it's cheap to be made then they put their logos and then sell it with insane high price . Legal or illegal doesn't matter to the big brands . They just put any price because they know there is no dearth of rich fools .
Don't be shocked but people buying these products most likely are aware and don't care. As the video notes at the end, they quite literally choose to pay for the experience of the "fancy stores".
This is even more so today than ever before as a safe, inviting shopping experience becomes harder to find. Also, the second-hand market for luxury goods is thriving, so selling is always an option.
🤗Thank you for revealing the Truth to the masses and the minorities who get fooled by these big ticket fashion houses.
I have 2 wealthy friends and if you saw them on the streets you'd never know they had money. The only thing they spend money on are assets and travels.
That's because the biggest demography of luxury goods aren't the actually wealthy but middle class and even lower middle class. They buy these overpriced products to appear rich among other middle class people, even if it means living beyond their means.
Wise people say that everybody tries to show-off what they don't have! In my early years I didn't understand this but now I do.
@@NostalgiaforInfinitylies but continue
haha so true, my parents know a couple of reaaaaally wealthy people, and one of them literally carries plastic bag from supermarket as a bag and wears tshirts and jogging bottoms haha
@@Anna-wf8ph and i bet those jogging pants are Lululemon. Its quiet wealth.
Mahua Moitra exchange this with log in parliament password.....😊😊😊😊
I remember seeing this on Bloomberg at least 20 years ago. Illegal Chinese workers working in sweatshops in Milano for fashion brands. Some 5000 at that time. And only now authorities are taking some action?
Authorities can't take any action on the price though. It's a private company. They can charge as much as they desire.
India still has illegal and bonded labour by tens of millions.
@@rahulvig5298 there are many ways the government could discourage such a practice, by raising taxes to reflect their exorbitant earnings, by getting sanctioned by the SEC if its a listed company, publicizing the exploitative practices of the company to discourage investor sentiment, or hitting them with fines due to their blatant contravention of labor laws, sanitary laws, human rights, and the hosting of illegal immigrants.
And to think these same luxury brands pushed for the prosecution of people selling knock-offs. Actually I am surprised the Italian police investigated this. I don't think that would happen in the U.S. where everything is controlled by corporations.
@@rahulvig5298 tax 60% on such brands..
This is outrageous. I feel so stupid for falling for exclusive labels. More than stupid, I feel guilty for playing a part in these immoral practices. No More! Thank Sharma for this video. And, Welcome Back. You were missed.
There are plenty of great quality brands on the market for a good reasonable prices too. No more support to the greediness.
This has been known for a very long time and yet the carousel never stops! I bet i will see this news report again 20 years from now.
@@universe25.x Name them!
Parking sharma I started watching yo news since you were in wion then u started this first post I subscribed much love from kenya
They have utmost made their brand similar to diamond.
A stamp could be made those below standard products expensive.
Since those products are european...rich buy them rigoursly.
Even in china, korea....those have penterated and disturbed the society..
Since indian riches dont give them 2 cents...these brands call them frugile for not buying their super expensive below standard products.
Yes, Indian rich buy and poor both buys gold silver ornaments.
Rich people buy hand made tailored silk cloths, that's it.
I saw rich Sindhi businessman wearing rupa baniyaan and pajama in the morning daily. But during parties he wears expensive looking, no brandes clothes
2743$ for branding, as stupid concept as modern art , they could have used that to make homless rehab centers
Rehab for addicts as if that has worked well. You can’t for someone not to make stupid choices like taking drugs
the cost actually including that half of them or more being stolen from stores
some """shoppers"" grabbing them by dozens and run
Your government should build homeless rehab centers, not Dior nor its customers 🤡
That's why people buy knock offs! Including celebrities!
I wonder how much money did Floyd mayweather waste on fake handbags🤦🏽♂️🤦🏽♂️😂😂😂😂
it is a no to each question.Mostly it is brand, the materials may be of a better quality but still not worth the tag IMHO. Prefer the handmade bags made of natural materials direct from the artisan
I honestly thought it would cost about $300-400, I knew the profit margins were HUGE. It also hurts the in this case Italy...where workers would have to make more...ONe thing is they do spend HUGE AMOUNTS on marketing and the stores themselves.
it’s true we ourselves are a leather handbags manufacturer and bags like these can easily be made under $45🤷🏻
Why people are are not suing these designer houses and why journalists are not putting it on a front page news and creat an awareness?
i thought it was common knowledge that these luxury brands today are bringing in workers from china and other countries to italy so as to get the made in Italy tag but using cheap foreign labor. It is in stark contrast to what these luxury brands would have us believe of an Italian leather artisan working on these handbags one at a time in a workshop.
This is called business.
It's called gouging.
Excellent video as always but here is my problem I have been making losses trying to make profit trading. I thought trading demo account is just like trading the real market... can anyone help me out or at least advise me on what to do
Though I started with as low as $15,000 actually because it was my first time and it was successful, She's is a great personality in the state
The very first time we tried, we invested $1000 and after a week, we received 4500. That really helped us a lot to pay up our bills.
How do i get in touch with her broker my income stream is in a mess??.
She is my family' personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.🇺🇸
I just googled her name and am really impressed with her
credentials
Brainwashed, all false images, experience luxury and feeling accomplished. I feel accomplished and complete if my bank account and credit is good. No liabilities,etc.😊
I am using samsung s10 from 2019
My wife changed three iphone to maintain status.
So there are many fools who buy this even the price is high
Most apple fans are that way😂😂. They are genius in marketing. They are known for marketing usb c port on iPhones🤣
This is criminal, and these companies should be punished
Punished why?
It's capitalism!
Even if I have 100k+ rupees in my bank account, I will NEVER buy these stupid So-called luxury products 😂
Especially when I can get much cheaper, better quality and designs from local brands.
My frnd recently got a job.He bought an iphone just bcoz of his colleagues use it ,he felt insecure & bought. This is a chain reaction.
Cashing on people's insecurity is a business usp 🤝
Salute to steve jobs ❤
😮 my galaxy android comes from Walmart and I NEVER pay over $100 for it.
My reasoning: If it can be discounted later it's not worth a new price in the beginning.
Grammer matters.
Your closet is simple a dream! Not just the *gtdupe* bags but the ready to wear that you have is absolutely stunning.
Rich people fool ordinary people.
Luxury brands fool rich people 😜
Cycle of financial life is complete
Anything with luxury is waste of money 😅
For a long time, as the price of Chanel increased, I no longer thought I could afford it. I think I'll be happy that I have the *topluxs* as my travel bag that I don't have to take care of. By the way, I'm sure no one will have a hard time telling the difference. Thanks for the comparison.
Slap a luxury label on a dog turd and women would buy it 😂😂😂
As if all these brands don't have products for men at all. Stop blaming only women
@@vi950 you running away from reality.
1. How many of the Luxury Brands are making/marketing/targeting Men for their products?
2. What percentage of Men are buying these Luxury Brands bags etc.
5% - 15% at best.
@vi950 women are the majority of consumers.
No sane men buy's luxury product to look cool or pricey. Its always one word. Wemennn !
Even men buys... South korea is more obsessed..and some ASEA copies them..
I'm favoured, $27K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
Yes! I'm celebrating £32K stock portfolio today...
Started this journey with £3K.... I've invested no time and also with the right terms, now I have time for my family an…
when someone is straight forward and good at what she does best. People will always speak for them. For me I can would say give Mrs Sonia Duke of finance education a try and you be happy you did
Please who is this Mrs Sonia
This sounds so good andI would like to
be a party to this, is there any wayl can
speak with her?
They buy the "NAME" not the "Real Value" = they are fooled 😊✌, though they are rich and can feel their own social validation (?)
If I pay 2800 on a bag it better turn into an iron man suit.
Also don't forget that the supplier is making profit out of his sell price of $57
Well, a handbag from H&M costs $4 to produce and is sold for $40. Same thing.
Well I get my dupes I pay the same price 57$😂😂😂😂😂and so happy I do
I see a brand bag, I think dushbag 😂
I owed a few luxuries brand. And I will tell you what, none of them is worth the price when it comes to quality. I owe one LV that the zipper is so hard to open and close, worse than $5 dollars bag.
The difference is that the zipper on a $5 bag will get stuck and break after a few weeks of daily use, but the LV zipper will keep on going for many years.
i disagree, my Gucci Jordaan leather loafers that i bought several years ago are true symbols of fine quality craftsmanship, with unbelievable durability and comfort that is worth every dollar
This is a misleading title because the 57 euros are paid to the laboratory only for the processing and certainly not for the materials, try to be at least precise if you want to provide information 😞😞
That the value of Brand. No nobody is forcing anyone to buy it, so why the noise?
Cause of the labour laws they're flouting
@@Dudettehere rubbish, if China doesn’t make it cheaper, Vietnam or Bangladesh will. Labor law are country specific, they have no jurisdiction in those countries.
@@sahas397the bags say made in italy while not complying with italian labour laws
A product is worth what a purchaser will pay for! Thank you Lenard Nimoy from civ 4 !
Shame on low to middle class for buying into this. You make the rich richer and yourself poorer by buying these expensive bags. You can get the same material from someone locally from these countries. Who cares about brands
It's not daylight robbery to make insane profits.
They don't force people to buy their products. You may not find value in their products, but people who buy them feel they are valuable.
They are not forcing directly but indirectly. They all spend money to demoralize people and to make them think they are worth nothing if they don’t show off by buying their products…..its all politics
why arent these brands prosecuted for inflated prices.
Good question
Private companies can set their own prices.
Companies only get investigated for profiteering when consumers complain. Alas, it's not just the price of producing the goods that is factored in. The companies can point to the millions they spend on marketing, salaries, brand ambassadors, and physical stores as legitimate operating costs.
That's why some brands can fail. They, too, are chasing the dragon. It's a vicious cycle driven by exploiting people's needs.
Bribes 😂
They are beginning to. Dior and Armani are not only being seriously investigated but will also be prosecuted and fined. This is just the start.
Dior has to pay for runway shows,
Models,workers, offices, warehouse
Store rents,airplane fares, and other
That and they have to make profits.
And all these people get paid more but no safe working conditions and fair wage for sweatshop workers who actually made the bags to sell? I think even some Asians assume the cost of designer bags is due to Europeans sewing the bags but no lol
I bought a LV bag gtdupe years ago. I took it to the LV store in my town last week to have it repaired. The store clerk inspected my bag and immediately told me that the bag was of good quality. She pulled a current bag out of inventory and compared the tags and I found zero differences
I’m not sure how long you’re going back but my mom has some bags that are like 30 years old that are incredible. The canvas monogram is so incredibly soft and it aged like leather, the hardware, the stamping all of it. Her bags are absolutely the best quality Louis Vuitton bag I’ve ever seen.
People wear it mostly for the name and social status showing they can afford one. Not one luxury items are comfortable.
if u are earning in millions 2800$ is nothing for them .. Stop cursing low income people there are bag below 10$ u can buy that . N plus luxury brand are like investment they are assets increases with times n very collectible ....
Most of the branded items are bought by middle classes to feel validated. Rich dont care about their status. Only very few products appreciate in valve. Almost all products deprecriate like waterfall.
This has and will always be the case.
Can't knock the hustle.
Just don't buy it🤷🏾♂️that's all
Dig it out.
Imagine here in Canada 🇨🇦 Canadian tire store can sell products with up to 80% discount on sale or special price. It means the cost of the product is about 15% including the shipping cost from it origin. That’s why I don’t buy products when it’s not on sale.
Problem with that is rubber degrades after a year without use. That's why expensive sport shoes are discounted after a year on the shelf. They have to get rid of it before it starts crumbling.
Weird thing is if you use it, it can last longer than being left alone unused!
Love This News Caster 🇮🇳 …She’s the Best International Newscaster…
😘😇😘Much Love and Respect From Philippines 🇵🇭
No one has the right to tell someone how they should spend their money and what they should spend it on. And brands have every right to market their product based on how they see fit. As for them violating labor laws, that is a completely different issue. Let's not conflate labor laws and worker's treatments with brand marketing and a consumer's right to spend his/her money however he/she wants.
You sound like a sucker who waste money on overpriced brand name items and you are trying to come up with an excuse to justify your action. Dont worry just remember that we need people like you to make smart people rich.
You must of gotten ripped off or rip people off 😂
We understand people can spend their money on what they want. But this video is simply giving everyone something to think about like what are your values? With this information some people's values may change.
So this is why Bernard Arnault is one of the richest men if the richest in the world. I don't think you can become a multi billionaire without exploiting people.
Love *hotdups* the way you show it! You really focus on showing off the bag. I don't think any other RUclipsr can show off bags in as much detail as you
Firstpost should make a study of how much it costs to make various important medicines in India and what price they are sold in retail - that would be more useful for the common public and create awareness or uproar
Or whether the medicine actually work!
first post did not make this study either they just reported something someone else investigated...
Research on Indian companies, their medicines are insanely cheaper and with better quality.
Most of a medicines cost is in its research.
@@sholabishop207obviously it worked .....all the polio vaccines are made in india .
Guess how much an iphone costs to make, this is brand value Palki you cant blame a luxury designer house for selling their legitimate product at whatever price they seem fit. The people have to decide whether they want it or not.
Exactly correct dear
And what about the labour laws they're flouting?
Vietnam has consistently demonstrated its commitment to peaceful conflict resolution, leveraging diplomacy, international law, and the United Nations to address challenges. With a deep-rooted love for peace, Vietnam continues to prioritize dialogue and cooperation, fostering a more harmonious and stable world.
I sympathize with people with disabilities who aren't receiving the help anybody. Thank you, Katie Thompson for seeing my $5,000 investments growing.
I agree; there are strategies for achieving solid gains regardless of economic or market conditions. However, these strategies are typically executed by experienced investment experts.
Wow You just mentioned Katie Thompson Indeed, that woman has been an incredible mentor to me, imparting a deep understanding of the economy that I wish college had provided.
That's true; My wife and I began our investment journey with a modest $4000, and we're thrilled to have seen significant returns! Initially, I was hesitant to invest, but now I regret not starting with a larger amount.
Sure; she's mostly on telegrams App using the user name written below.
Thank you for taking time to do the comparison. the quality of the channel *hotdups* is better, I bought it here, and you can ask them to take a photo for confirmation before shipping.
Bitcoin is on its way to down, getting closer to hitting new high prices, showing that it's loosing more value and could go even higher than we've seen before. This could mean great things for people looking to invest, suggesting now might be a good time to get involved before it jumps even higher. It's an exciting moment that could change the game in general...managed to grow a nest egg of around 2.1Blitcoin to a decent 11.4Biitcoin. At the heart of this evolution is mrs Beley Haener, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment
I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have, we find it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Mrs Beley Haener. I now make huge profits by weekly through her services while still learning to stand on my own.
Tradewithbeley that's it
At nicegram
I love hearing you talk! Thanks for sharing. I was excited to see you show *hotdups* bags. I am trying to decide which one I want the most. I am generally not impressed with Bulgari bags as prices go up and quality goes down. Although Chanel has always been my favorite, their quality is going down while prices are skyrocketing. I don’t think that can be called luxury anymore. I call it greed and disrespect for the customer. So I am looking elsewhere.
Those who buy it for luxury are the most timid and insecure human on the planet!!!