For anything ordinary, a bag is simply a bag. But for all things fashion, everybody knows that Louis Vuitton handbags are so expensive like no other! It is undeniably one of the most luxurious brands in the world. Below, we have pared down everything you need to know about why the LV brand is so expensive. Keep reading to know more.
Why is Louis Vuitton so Expensive?
Louis Vuitton is known as the world’s most luxurious brand. Its product line includes handbags, jewelry, leather goods, handbags, shoes, and accessories. All of their products have the most coveted LV monogram. Its brand of luxury proves to be one of the most profitable luxurious brands in the world today. But you have always wondered: why do Louis Vuitton prices almost seem to cost us our lives? And it actually sells? Yes, it does and we learn below why.
For starters, you are looking at an iconic name. In the fashion industry, Louis Vuitton is very popular, truly well-known and respected. He is a French entrepreneur and designer whose name is celebrated.
Back in 1852, when Napoleon was assumed as the French emperor, his wife hired Louis to be her box-maker and packer. This made a gateway for him to have an elite and royal clientele who he happens to give his services all his life and beyond. The Louis Vuitton we know of today still grows to be the world’s luxurious lifestyle brand.
As the brand flourished, you will notice that Louis Vuitton capitalizes on desire and exclusivity. The brand has earned that and only the select can truly afford it. The brand has always adhered to their sales projection and they do not produce their line to flood. They truly value unique and genius designs. Once all products are sold, they cease production.
For instance, the Petite Malle bag designed and released in 2018 is the most talked about to date. With only 85 pieces created, the design inspiration was in honor of the royal wedding between Prince Harry and celebrity Meghan Markle.
What’s more, some items are marketed as a limited edition. You can imagine the demand of those in the elite class wanting to have it. Of course, the most expensive Louis Vuitton items tagged as limited edition are worth far more. Their prices totalling tens of thousands of dollars! By now, you know why this brand never holds sales.
The skilled craftsmen and women behind these luxurious items undergo Louis Vuitton workshops for a year. The cost of production goes back to these skilled people. It has been noted that under Vuitton’s policy, the salary of every employee for a full year equals one of their bags. That being said, we can see as to why the price tags keep going up. Their workers are, indeed, paid fairly. Furthermore, at the final stage of production, the delicate craftsmanship shows as these craft people are to manually stitch and glaze the edges of these luxurious bags. The job is truly demanding both time and mental concentration to achieve perfection.
All the casually chic handbags that cost you a fortune, the brand maintains its high standard in every production. A thorough inspection always takes place before production. Every blemish and imperfection must be ruled out. The brand makes sure about it.
The most expensive Louis Vuitton bags are manually burnished with agate stones. This creates the shine for the skin-like material. For their coated canvas, the same process takes place — making sure all the materials are water, weather, and tear proof. Clearly, this strict and implemented approach of the brand makes up the classy and edgy bags that will last you a lifetime. For a case in point: the Neverfull MM bag is one of the unique and extremely resilient bags created by Louis Vuitton. The overall package transcends all outfits, events and occasions.
Moreover, Louis Vuitton bags are made of premium, high quality materials. Without a doubt, these high end materials such as leather, boa, crocodile, lambskin and camel skin. It is expensive because this is what you are trying to purchase. Otherwise, you can spot a fake made from pleather and vinyl which might feel rough and stiff.
Beyond what is mentioned above, it is clear that there are a lot more to consider why a price tag of an LV item is always expensive. Some reasons are realistic while there are also reasons beyond our reach (and money). Nevertheless, the Louis Vuitton brand is beyond commendable. Its undying ambition and great entrepreneurial skills are why it is recognized today and almost as if it created an empire of its own.
After all these years, it has stood the test of time and remains on top of its game today. It truly deserves its recognition in the fashion industry today.
Frequently Asked Questions:
The owners of the brand Louis Vuitton Moet Hennessy (LVMH) today are Bernard Arnault and his family. Up to the present, Arnault’s LVMH is overseeing an empire of staggering 70 opulent brands. Some of these famous brands are the following: Givenchy, Sephora, Tiffany & Co., and Marc Jacobs, among others.
At a whopping $150,000, the Urban Satchel is one of the most expensive and controversial bags ever sold by the brand. The handmade bag was expensive as the item was made from recycled materials wrapped along with the world’s finest Italian leather. However, it received a lot of criticism for how it looks. On the brand’s side, the 2008 inspiration for their creation pays homage to sustainability and urban lifestyle.
The success of the brand is still apparent today. The secret behind it is how Louis Vuitton, over the years, continually offered exclusivity, top-rate quality, and innovation. The simple yet most coveted LV monogram is beyond recognisable all over the world.