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54 sats \ 3 replies \ @EntropyBearer 19 Jul \ parent \ on: Stacker Saloon
It's sad to think people would rather spend cash making LVMH's brands richer. Things like this 1 make all of this almost hilarious.

Footnotes

  1. https://www.businessinsider.com/dior-italy-labor-investigation-contractors-lvmh-armani-luxury-bags-2024-7 ↩
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11 sats \ 2 replies \ @Natalia 19 Jul
one of the things I learned about these so-called luxury brands, they are not necessarily offer the best quality, but what they are really selling is the image, and their marketing effort.
I went to one of the fabric shops where Dior went, you would be shocked to know the actual cost of the fabric compared with the price they are selling.
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42 sats \ 1 reply \ @EntropyBearer 19 Jul
what they are really selling is the image, and their marketing effort
That's the funny thing. People pay copious amounts to promote a brand (for free). 😂
you would be shocked to know the actual cost of the fabric compared with the price they are selling
Yeah, that link was talking about huge differences 1 between real cost and retail price. And that's without considering the working conditions of those actually making their products.

Footnotes

  1. Italian prosecutors found Dior paid $57 to produce bags retailing for $2,780. ↩
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22 sats \ 0 replies \ @Natalia 19 Jul
People pay copious amounts to promote a brand (for free). 😂
and even thinking wearing those BIG logo are cool...pure stupidity.
Yeah, that link was talking about huge differences 1 between real cost and retail price.
yes just read it - if these brands can make things happen, what's stopping more people creating their own stuff, I mean the ingredients are all out there waiting to be cooked:)
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