Why 10 Luxury Clothes and Accessories Are So Expensive | So Expensive Marathon | Business Insider

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  • Опубликовано: 10 сен 2024

Комментарии • 217

  • @gemelwalters2942
    @gemelwalters2942 Год назад +353

    I will never understand spending an absurd amount of money on clothing, no matter how wealthy I get. Buying quality, hand crafted products that last I can understand but mass manufactured products with a brand label slapped on it for bragging rights is ridiculous.

    • @Gulag00
      @Gulag00 Год назад +6

      Smart with your money 👍

    • @SnowSNS11
      @SnowSNS11 Год назад +7

      If you're wealthy, if you see something you like, you just buy it without a thought. Tho buying for bragging rights... Idk if actually rich people do that, if so that's indeed useless, at the very least like the things you buy

    • @gemelwalters2942
      @gemelwalters2942 Год назад +8

      @@SnowSNS11 of course they do, it's all ego... that's as old as time. There are rare exceptions but in most cases it's all about self validation. I'm wealthy enough to afford many things but choose not to. It's about upbringing and the things you choose to place value in.

    • @American_patriot110
      @American_patriot110 Год назад +6

      OMG don’t you want attention? And people look at you 😂😂, that is today’s mentality

    • @SnowSNS11
      @SnowSNS11 Год назад +2

      Haha 😅 I guess it's for people with too much time to care about that, only shallow people will care about that as it seems a waste of time to bother... or those focus on their appearance if it's their job like celebrities? I remember they have a problem in Korea about Idols wearing luxury items as their young fans are begging their parents to buy them those things maybe to support their idol or whatever. Eitherway it's very effective.

  • @--deleted--
    @--deleted-- Год назад +101

    There is 3 reasons why things are expensive:
    1. it's hard to make
    2. it's rare
    3. people are stupid

    • @fredeatstheworld308
      @fredeatstheworld308 6 месяцев назад +1

      people are stupid can also be just collectively valueing something. like pokemon cards. skins etc.

    • @user-kp2yg1mb5v
      @user-kp2yg1mb5v 6 месяцев назад +1

      Because they are filthy rich.

    • @zerihunsahle7544
      @zerihunsahle7544 2 месяца назад

      ❤❤❤❤❤strong people

    • @ledinhdong7743
      @ledinhdong7743 2 месяца назад

      They call it luxury items. Like 1-star hotels and 7-star hotels.

    • @sona8036
      @sona8036 2 месяца назад

      The 1st two do no apply!! #3 YES!

  • @ooXChrissieXoo
    @ooXChrissieXoo Год назад +79

    Some things are rightfully expensive, some "luxury" brands are illegally expensive.

  • @amandapittar9398
    @amandapittar9398 Год назад +60

    The kimonos are the most exquisite. Maybe because I sew & embroider, but they are quite superb in terms of quality and beauty. Also, when you think that the Japanese don’t like second hand clothes… I would gladly buy one second hand. Sooo beautiful.

    • @nostalgiaxx-fc38
      @nostalgiaxx-fc38 6 месяцев назад

      It's not just about buying. It's also about the skill of cleaning, maintaining and repairing and all that requires money and effort so it's hard to blame people not investing in it while the economy is not doing well

  • @LFPGaming
    @LFPGaming 10 месяцев назад +3

    the 'supreme' and 'nike' sections don't even show any design/creation.... i guess these brands don't want us to see the chinese sweatshops they're made in? it's overpriced tripe made by modern-day slaves

  • @Benz100
    @Benz100 Год назад +35

    I love these type of video I often tend to fall asleep when watching because it’s so relaxing, no loud noises of screamed kids. Purely information and knowledge.

  • @Iskander448
    @Iskander448 8 месяцев назад +11

    It's ironic how almost every entry focuses on the craftmanship as justification for the high price yet when it gets to Supreme and Air Jordans, it is about the 'celebrity factor' and exclusivity instead of quality. Birkin bags somehow fall into both categories. Ridiculous.

  • @daizyrendon
    @daizyrendon Год назад +10

    Insider Business has some of the most incredible content I've ever come across. They're always the best at what they do.

  • @Masrafi
    @Masrafi Год назад +35

    the difference between the kimonos where it shows each and every step of how its made with hand drawn designs and made by hand over several weeks vs the supreme t shirt where the entire segment is like: well, theres not a lot of stores and uh, you have to wait in line and kanye west likes it.

    • @asdfgidji879
      @asdfgidji879 11 месяцев назад

      street wear is a plague on society tbh

  • @johnreybartolata2405
    @johnreybartolata2405 Год назад +10

    When it comes to Japan, no doubt.
    Their craftsmanship is the best I know.

    • @CHEEBnRUN
      @CHEEBnRUN 2 месяца назад

      Americans make
      Japanese make it perfect
      Chinese steal patent.

  • @xlerrahul
    @xlerrahul Год назад +11

    Common Thread Here -> Expensive/Rare Materials -> Inefficient processes -> Decades Old Technology -> Do Everything Manually === SO EXPENSIVE

  • @Gulag00
    @Gulag00 Год назад +30

    I don’t get why people pay hundreds of dollars on shoes and clothes (Air Jordan’s/supreme) when you can buy different brands for like $50 max and pocket the remainder

    • @pwandaa
      @pwandaa Год назад +8

      theyre not buying it for comfort/looks, they buy it for status

    • @Kni0002
      @Kni0002 Год назад +1

      @@pwandaamost people won’t even look twice if they see someone wearing supreme sneakers lol

    • @Tracy-xe9zu
      @Tracy-xe9zu 10 месяцев назад +1

      It depends. I'm plus-sized, so finding clothes in my size that I actually like is difficult. It's absolutely worth it to me to spend a bit extra on, say, a bespoke winter coat off Etsy than it is to buy something cheaper but that I don't like the look of. Plus, it's always kind of fun to have an article of clothing that's genuinely unique or produced on such a small scale that you're unlikely to encounter someone with the same thing.

    • @malldemelanin
      @malldemelanin 9 месяцев назад +1

      ​@Tracy-xe9zu i agree with your situation. But most people want to fit in.

    • @DanielDuintjer
      @DanielDuintjer 4 месяца назад

      @@Tracy-xe9zu This is a VERY different thing than what OP is talking about. You actually need to spend more since otherwise you might not be able to get what you like to wear. You're clearly not paying extra merely for status. People that buy ANYTHING from Supreme or those that buy specific models from known brands like Nike (Air Jordans being mentioned by OP) do it only for the status. You will always get higher quality items for a lower price by not buying any status products. Not saying the status product is necessarily bad but it's not worth the price.

  • @grotemuis4889
    @grotemuis4889 Год назад +26

    I refuse to wear name branded clothing. If I am to strut around with a name brand on my shirt or shoes I better get paid for all this free advertising! Besides, it looks cheap and tacky.

    • @richmondstar4354
      @richmondstar4354 8 месяцев назад +4

      Guilty of that myself back in the day…but as I get older prefer simple or plain nowadays.

    • @hallsofivy128
      @hallsofivy128 Месяц назад

      I am glad someone is like me

  • @onemorechris
    @onemorechris Год назад +19

    The biggest difference between the bags, and something like gold is that you literally cannot produce any more gold in already exists. Yes Hermes bags are very nice and rare however, there’s nothing technically stopping them making millions of them if they really really wanted to. If you want more gold, you literally gonna have to blow up an actual star in space

    • @asdfgidji879
      @asdfgidji879 11 месяцев назад +1

      not a star but same idea yeah, more of a big rock or even potentially a planet made entirely of gold

  • @PieterBreda
    @PieterBreda Год назад +19

    Most of the mass produced luxury items have enormous mark-ups. Some are better, most not worth the enormous price.

  • @sharonbuzo5601
    @sharonbuzo5601 Год назад +7

    My God. Those people and the work put to harvest the pearls!!!! 5 years!!! If that woman (final) is charging 36.0000 , how much are they making??? So wrong and such sad/phenomenal work at the same time. I've always wanted a real pearl necklace and that video blew my mind!!!!

  • @samsonhagos6114
    @samsonhagos6114 7 месяцев назад +3

    Besides being solid gold, the Cuban chain are the simplest design chains in the jewelry world. It's the way they marketing it made it extra special, any Jewelry maker with basic skill can make them.

  • @ozzyosbourne6
    @ozzyosbourne6 Год назад +5

    If there is a high demand and low supply on anything no matter what it's price will be high. Ecomomy works like this and i see why hand made stuffs are really expensive because in mass production firms can produce 100 times more than firms make them by hand and also there is more effort.

  • @tcarp77
    @tcarp77 8 месяцев назад +5

    Why is it still legal to use chinchilla and beaver furs

  • @chris.foreal
    @chris.foreal 8 месяцев назад +3

    Buy what you like. Live once. Enjoy it. Money comes & goes.

  • @3dp_edc
    @3dp_edc Год назад +5

    lol just get the northface jacket embroidered with supreme and save the $1000 or probably closer to 900 for the embroider work. Or you know just get a rep thats made in the same factory with the same materials by the same people afterhours for $100

  • @judi-anncrooks4756
    @judi-anncrooks4756 9 месяцев назад +2

    The bespoke shoes 💃🏽 and Cuban links ✨

  • @Qwerty12-yr7ut
    @Qwerty12-yr7ut 11 месяцев назад +2

    I don't understand one thing what is the use of hand spun thread or any other there are so many irrelevant, useless, time consuming, just to increase price methods if you have do that in fraction of cost and time. Why? Sure these might lost long but you can also make best quality for low prices.

  • @romeoslover817
    @romeoslover817 Год назад +3

    I can answer this question without seeing the video. These businesses will charge as much as they can because people WILL BUY the products as their set price. Any item is only worth the price people will pay for the product. Consumers stop buying it, the price is reduced. Supply and Demand.. basic economics.

  • @Ryu0526
    @Ryu0526 8 месяцев назад +2

    If anything says made in Japan, you know it’s gonna be good

  • @karolinakuc4783
    @karolinakuc4783 Год назад +3

    In case of Burkin bag I do not understand the craze. True, they are pretty and from expensive material it is all about the brand. Good that at least they don't use slave labour but artists unlike Nike, or Zara and other fast fashion brands

  • @consmercado3843
    @consmercado3843 Год назад +3

    I agree with Japanese denim and some hand made items. But Air Jordans? Nah they cheap out on materials and sell it at high mark-up because of it hype. They know people will still buy them

  • @candyce6233
    @candyce6233 9 месяцев назад +1

    I have been interested in a good Japanese pair of jeans for about five years now. I’ve dabbled in so called Japanese denim like at Uniqlo but I definitely want a pair with the end stitching and all. 😊

  • @jakeleo4518
    @jakeleo4518 11 месяцев назад +1

    simple answer 55:27 mental tardation :) thanks for coming to my ted talk

  • @roravenclaw7797
    @roravenclaw7797 Год назад +3

    I have a pair of Doc Martens that I have taken very good care of. They are more than 20 years old.

    • @laramaaike3050
      @laramaaike3050 6 месяцев назад +2

      I have a pair that is 30 years old, not taking care of at all and still in good condition. They doný make them as they used to do tbh. (I was 16 at the time and didn't care about taking care and after I learned about it....5 years ago, I still didn't care for that pair of shoes) I do however take care of my newer pair and my 2 pairs Mary Janes (who are 20 years old)

    • @roravenclaw7797
      @roravenclaw7797 6 месяцев назад

      @@laramaaike3050 If found that If I get them sent directly from England, they are of better quality. If they are made elsewhere...not so great.

  • @TheChrisDecember
    @TheChrisDecember Год назад +4

    NIKE Trying to justify Sweatshop labor so fanboys can buy more Jordans? Pass dudes. Be more responsible with your money.

  • @TTOS69
    @TTOS69 5 месяцев назад +1

    How is something that weighs more than DJ Khaleds beard or the sun only worth $200,000? When there are pinky rings worth that.

  • @pauln7029
    @pauln7029 Месяц назад

    The new beanie babies

  • @GodzHarleyGirlStudio
    @GodzHarleyGirlStudio Год назад +1

    Most of these have already been posted and viewed, just all put in one video.

  • @v1nc3nt_bl4ck4
    @v1nc3nt_bl4ck4 7 месяцев назад +1

    Martins ain’t made in England, they still banking on presumed reputation n good quality even tho they ain’t quality no more

  • @allythearts5439
    @allythearts5439 Год назад +2

    I dont buy luxury clothes. I can do without. Still like to look nice but im not into the big big brand names

  • @PremiumToyCollect
    @PremiumToyCollect Год назад +1

    A Premium Product !

  • @Nakkisampyla
    @Nakkisampyla Год назад +1

    Loake and Church make quality with decent price

  • @mrgrape2166
    @mrgrape2166 2 месяца назад

    Hermes has been playing this game for years... The most expensive hand bags in the world.

  • @bentmch1
    @bentmch1 Год назад +6

    Those birkin bags are soooo ugly

  • @alexkwilliams
    @alexkwilliams 8 дней назад

    Why is there a picture of Mao Zedong at 3:42?

  • @pandabytes4991
    @pandabytes4991 Год назад +1

    I once owned a Stetson, but I don't know what happened to it

  • @chyu89
    @chyu89 8 месяцев назад +1

    People used luxury items as a key to access to their next social status group. Like who can or will you meet when you have a Bugatti.
    People tend to think why overpaid for a 4 wheeled vehicle or leather goods from the same animal. Think of it as an ACCESS KEY to where you want to be. Billionaires tend to hangout with billionaires. Other than that, they are just fulfilling their social responsibility.

  • @chris.asi_romeo
    @chris.asi_romeo 10 дней назад

    The illusion of (or real ) scarcity is the sole reason they are so expensive.

  • @NewtBeGaming
    @NewtBeGaming Год назад +8

    Short answer. The brand name. I just bought a pair of shoes with the same quality and arguably more comfortable off of TEMU of all places. $23 (not a temu add i promise). Most I’ve ever spent on shoes was $120 for a limited edition pair of Vans

  • @Tennisisreallyfun
    @Tennisisreallyfun 2 месяца назад

    To be honest, most of the “luxury” items I see are things that are expensive just because they are rare and the market has created the hype. Those sneakers? They aren’t usually created with the finest materials on Earth. And if they are made with alligator leather or ostrich skin, then they aren’t hand stitched, nailed, and varnished with a brush like proper dress shoes should be. There’s the segment of the luxury market of clothes and accessories composed of things made by hand using artisanal methods of only the finest possible materials. Those are worth the price. But you often won’t know about their existence and they won’t usually show up on videos like these because, for the most part, they won’t have any logos or excessive advertising to accompany them. They’re for the clients that know😉

  • @onemorechris
    @onemorechris Год назад +1

    What are the Jordans are not often cheap, they are comfortable. This can’t be said for Doc Martens which are today, the most uncomfortable shoe I have ever worn

  • @eddieabbott370
    @eddieabbott370 Год назад +1

    Great Job youll

  • @MarvinBibb-p2l
    @MarvinBibb-p2l Месяц назад

    I learned about H Q D U P S last month and now I have bought 3 copy bags

  • @jcolt84
    @jcolt84 4 месяца назад

    What a weird transition at 18:06 into the. You go from talking about sterson hats, to immediately breaking into a segment about pearls, with absolutely no transition in between. I had to check to see if I was still on the same video. It certainly didnt seem like it was intentional.

  • @martin5504
    @martin5504 Год назад +2

    The Birkin bag thing is teenage insanity.

  • @pheangmethkonyak7590
    @pheangmethkonyak7590 2 месяца назад

    I don't think supreme does justice to the fashion because one in a million only gets it so it isn't a big deal.

  • @HarryTBeck
    @HarryTBeck Год назад +1

    12:06 I’m not a photographer at all, but this picture would look so much better if the house wasn’t there, and instead they had a train coming towards the car, with a cigarette in the man’s mouth… Or if he was leaned forward a little lighting a cigarette. Idk, I just think it would add a lot to the pic and would look a lot better than a random house there…

  • @racist_007
    @racist_007 Год назад +5

    Japan : Though the efficient tech is available we will make this everyday object using 10000 year old machines that take 95 years to master. The end product will cost you 95000000 USD
    World: STFU and take my money

    • @SnowSNS11
      @SnowSNS11 Год назад +3

      Huh perhaps paying to keep history alive too? Instead of being forgotten they want to keep it alive, which I can see will appeal to those who appreciate it

  • @akuratordue7494
    @akuratordue7494 11 месяцев назад

    I love luxury ❤️

  • @SaianaKrishnaMehrotra-fr4qt
    @SaianaKrishnaMehrotra-fr4qt Год назад +4

    nice to see that insider business is more reliable than CNBC videos.

  • @elMARABIYOCHO1989
    @elMARABIYOCHO1989 Месяц назад

    They are expensive because of the name. We already know that these products are made in some factory in China for less than $50

  • @vintageswiss9096
    @vintageswiss9096 5 месяцев назад

    Stetson should go into partnership with the brush makers...
    Brush markets only use long hair and throw away the down... stetson only uses down and throws away the hair...

  • @rebeccabarnhart4837
    @rebeccabarnhart4837 5 месяцев назад

    very good

  • @solraczevehc3761
    @solraczevehc3761 Месяц назад

    FYI canvas comes from cannabis !! Thank you for providing

  • @ByDaniSimone
    @ByDaniSimone 8 месяцев назад +1

    This is an amazing documentary

  • @Quadrupliplex
    @Quadrupliplex 2 месяца назад

    the problem i still have is that human feet dont naturally come to a point at the toes...
    so even though these may be custom made - they still arent made to benefit the anatomy of the human foot...
    kinda a fail in my eyes...

  • @SuperSimrun
    @SuperSimrun 9 месяцев назад

    Good products

  • @joyblessing5389
    @joyblessing5389 11 месяцев назад

    That's great

  • @annienigro4624
    @annienigro4624 7 месяцев назад

    Doc martens are not expensive. They are around $200 Canadian. However, they are desirable if they are made in England.

  • @dave2193
    @dave2193 Год назад

    It had to be Vegas Dave....

  • @omokpariolaelshalom9883
    @omokpariolaelshalom9883 11 месяцев назад

    Great

  • @user-yx3by4we1w
    @user-yx3by4we1w Год назад +1

    Those Momataro jeans don't even look tapered wtf...

  • @giiiddyup
    @giiiddyup 15 дней назад

    Seeing the episodes of people who collect things that have very little functionality and it’s just for looks makes me feel the best about living frugally and being mindful of the environment. These people are so excessive and are forever chasing. Looks miserable.

  • @agenta3570
    @agenta3570 Год назад +4

    I have some pairs of jeans from years ago that still look as good as the day i bought them Just buy responsibly

    • @Benz100
      @Benz100 Год назад +1

      Levis is often a great and solid choice when it comes to jeans.

  • @laknicks
    @laknicks Год назад +1

    Answer to all is MARKETING nothing else

  • @Zenboy23
    @Zenboy23 6 месяцев назад +1

    No one will care about Supreme in a decade, just as no one cares anymore about Fubu, Ecko, and other streetwear that seemed huge at the time and now is irrelevant.

  • @OztanTimucin
    @OztanTimucin 3 месяца назад

    Haan bhai, maine to May 17 Lottery ke liye registration kar liya, IPL dekhne ka aur bhi maza aayega jab inaam bhi jeetne ka chance ho 🏏🎉

  • @thinkbigcharomariano
    @thinkbigcharomariano Месяц назад

    because...

  • @spikerzombie
    @spikerzombie Год назад +3

    The big company’s are selling dreams

  • @reviarelanzar4691
    @reviarelanzar4691 Год назад

    You are always best business insider at ur work.

  • @Kohl...
    @Kohl... Месяц назад

    Humans cannot go instinct fast enough

  • @user-yr1pe5ly1j
    @user-yr1pe5ly1j 10 месяцев назад +1

    Why can't he wear gloves?????? Ghee!

  • @karolinakuc4783
    @karolinakuc4783 Год назад

    All worth their prize accept fast fashion brands

  • @KalRick23
    @KalRick23 Год назад +2

    Why not use correct gloves length so your hands wont color.. it wont affect the quality so your hands are still clean-looking, right?

  • @KC-kp4vh
    @KC-kp4vh Год назад

    That bag guy is literally the greater fool.

  • @warisgood454
    @warisgood454 11 месяцев назад

    Dont donate to value village they also have a compactore behind every store where unsold items get tossed
    At least goodwill does provide food banks and job training
    Amd put unsold items on sale after they have been on the sales floor
    Savers just tosses the items after being on the floor for a few weeks

  • @zayaatelier452
    @zayaatelier452 4 месяца назад

    its all about marketing because i do thinngs handmade but i dont have money for marketing, so people treat me like a artisan who dont need money. kkkk

  • @ClatoriXima
    @ClatoriXima 8 месяцев назад

    I feel like jeans from places like Balenziaga and others may be worth it for their shape if you can afford it, but buying jeans from the women's section or from cheaper places like asos/used market may be good too. some shoes are shaped specially, other than many y air Jordans. but its really variable honestly.

  • @태이씨
    @태이씨 Год назад

    I would totally buy hand crafted clothes and shoes, but to throw out thousands for a label on your shirt? No, thanks.

  • @pinakinamin8658
    @pinakinamin8658 9 месяцев назад

    Antique

  • @MarildeDeca
    @MarildeDeca Месяц назад

    I used to think that owning a luxury bag was an unattainable dream, until D U P B A G Y told me that this dream is actually very close. The sense of fashion comes not only from the brand, but also from personal matching and attitude.

  • @darthgorthaur258
    @darthgorthaur258 Год назад

    Wait didnt he say there were only two.of those bags, hes an that dudes wife, so what about the asian lady she had all 3 sizes or is that the dudes wife cous she had a very different name lol...sounds like dave doesnt know wtf hes talking about...id laugh my ass off if it was fake..

  • @joelwycoco1791
    @joelwycoco1791 Год назад

    If it is expensive for you dont patronize it thats how it works

  • @ip16354
    @ip16354 2 месяца назад

    the meme: agmog us wear red shoe

  • @videomantan
    @videomantan Год назад

    Thank you for your information about luxury clothes and accessories

  • @-MrFozzy-
    @-MrFozzy- Год назад

    People who buy limited items, or high ticket items JUST to resell it/them for x2/x3/x10 it’s original price deserve to be repeatedly punched in the genitals and to lose everything they own….

  • @Decaprio00
    @Decaprio00 Год назад

    Waiting fr crocs brand 🔥

  • @Shadowman-1960
    @Shadowman-1960 3 месяца назад

    The most stylish people shop at places like the Goodwill or Salvation Army.

  • @3dp_edc
    @3dp_edc Год назад

    Reps are so good these days i bet id be able to sell them to all the resellers on the market. Hell I've sold fake diors to a shoe store for 10k that i bought for $120

  • @Acidstorm01
    @Acidstorm01 6 месяцев назад

    I don't give a shit, Jordans have never been as cool as Shaqs Reeboks. Its the sheep (teenagers) that follow other sheep that drive the ridiculous prices up

  • @tech4life884
    @tech4life884 9 месяцев назад +2

    Supreme is not a " Name brand " company. Louis Vuitton, Gucci, and Ralph Lauren are " Name Brand" companies. The customer doesn't determine what companies are Name brand and what aren't Name brand. Companies do. All Name brand companies started out from day 1 as Name brand companies. Supreme started out as a low class skateboard logo. Not a company or a " Name brand" company. No company becomes Name brand over time. They have to start out as Name brand.

    • @annienigro4624
      @annienigro4624 7 месяцев назад

      …and Ralph Lauren started out with ties. He was a tie salesman and customers kept asking him for rep stripe ties but there weren’t any available, so he began making them. RalphLauren the man/persona is totally made up. He might be wealthy now but he wasn’t when he began. Don’t get me wrong. I love all things RL. If I had the $$$ it would be the only thing I’d wear. I have always had preppy/classic look since high school and RL fills that style. I still own rl clothes from the ‘90s and (if I was still that size 😂) I could still wear them and no one could tell.

  • @walangpagod9274
    @walangpagod9274 9 месяцев назад

    Are you filipino?

  • @meerkatreserve7543
    @meerkatreserve7543 2 месяца назад

    Puhls? 😂

  • @yingxuanli-rn5sc
    @yingxuanli-rn5sc 6 месяцев назад

    its bushshit .our factory also produce for nike and adidas in china with good price .but they just pay a litter . if you find really factory to make your designs . its cheaper .