Why Is High Fashion So Expensive? Is it worth the price?

QUESTION

Hi Petrica,

How’s it going? Do you know the exorbitant prices of these high-end fashion brands baffle me? Especially this Chanel bag. Oh, I want one so badly. Finally, I have saved enough. But before I bite the bullet, I have a lot of things on my mind. It would cost me a good chunk of money to get this baby. I wanted your opinion, is it worth it?

Many thanks,

Josie!

ANSWER

Hi Josie,

Exactly, girl. It was the Chanel Classic Flap that caught my eye. That bag is iconic to me. Be it Chanel, Gucci, Louis Vuitton, etc., all these high-end fashion retailers have one thing in common. Their price tags. Luxury brands like these have been around for over a century and are always a wise investment. Now let’s take a deeper look at what makes them so valuable.

1. Handcrafted

Perfectionism takes time, and that is no less true. A fashion haute couture house, in contrast to fast fashion, produces all its items by hand instead of mass-producing them. Each piece is crafted with the utmost precision. They are handmade, so every bag is unique and never the same as the one next to it. Each handmade item has a unique code or number that certifies its authenticity and is designed by its creator. Therefore, the purchaser is provided with a warranty together with a certificate at the time of purchase.

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2. Foreign Imports

Most fashion items export from the country where they originate, so if you happen to run into a Chanel and find a desirable piece, you are in luck. Additionally, since they are also coming from another country whose currency is much worthier than the typical US dollar, the goodwill price has been recalculated based on the actual amount plus an inflation fee compared to buying it in person. If you could order straight from your living room, it would be much more convenient than waiting in line during an outbreak.

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3. High-quality products

Fashion boutiques often face disputes over what they use to make their products. An iconic Louis Vuitton product is its slides made from mink skin. Each piece is custom-made and very valuable. As these items are rare globally, their prices can be hefty. When you buy a high-end item, you are paying for quality, not a Birkin.

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4. Popularity

All fashion brands have an impact on the fashion industry by their reputation. With tailoring boutiques from the very beginning to global locations across the globe, they have maintained their good reputation. Since these fashion boutiques are often a part of the lavish lifestyles of many movie stars, musicians, and reality TV stars, they maintain a certain level of elegance. Because of their lasting name and quality products, they will continue to serve as the high-end shops everyone strives to one day be able to afford.

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Since you know you are buying quality every time you purchase high-end stuff, it is priceless and deserving of every penny spent. It not only holds its value, but it is also a very thoughtful and memorable gift to give to someone who holds special meaning to you. Make sure to check out what your favorite fashion brands have to offer and leave your comments about it! Josie, don’t miss out on this unique collection. Get your Chanel bag now before it sells out!

Love,

Petrica!