
Dior pays $57 for handbags that retail for $2800, Armani pays $99 for bags that retail for $1900
https://www.businessinsider.com/dior-italy-labor-investigation-contractors-lvmh-armani-luxury-bags-2024-7
by slappywhyte

Dior pays $57 for handbags that retail for $2800, Armani pays $99 for bags that retail for $1900
https://www.businessinsider.com/dior-italy-labor-investigation-contractors-lvmh-armani-luxury-bags-2024-7
by slappywhyte
5 comments
Back when I worked selling sunglasses they were like $1-3 cost selling for 60-100x.
With that kind of margin the largest player can buy up all the competition, and maintain its margins. Hence Luxotica.
With the luxury brands, on a generally well made product, your money is going toward image- but no matter the brand it’s all conspicuous consumption and mate signaling.
A fool and their money will soon part ways.
It’s the confluence of logos and dumb fuck you money. A match made in hell.
Fleecing rich idiots is a time-honored tradition.
*surprised pikachu face*
They had to write an article about this? I thought everybody knew that. Did anyone really think those purses were magically worth that much more than others? They’re made in the same sweatshops as all the other ones…..