Why would anyone buy these luxury brands?
“Dior paid a supplier €53 apiece, roughly $57, to assemble a handbag that it sells in stores for €2,600, or about $2,780, according to documents examined as part of the probe. Armani bags, meanwhile, were sold to a supplier for €93, then resold to Armani for €250, and ultimately priced at around €1,800 in stores, the probe found.”
Imagine paying a 4806% markup, for a handbag 😂
https://archive.is/Bq4S5
Lol I call it the tard premium, and plenty of tards are willing to showcase their poor decision making
They think it showcases their wealth but I just see someone desperate for external validation.
Status.
They pay models & actors to wear their designer clothes while selling heavily marked up accessories to plebs.
Bitcoin fixes this.
paying those models and actors is why they have to mark them up, in part
cheap stuff isn't necessarily less quality, but it is almost always less advertised
I feel better off just reading this. Play fiat games win stupid “prizes”.
You might be similarly shocked at the markup on goods you consume, whether it be technology or beer, etc.
For the most part I’m aware of this stuff, my missus is another story..
Beer is a good one to raise though; in Australia it’s mostly tax https://i.nostr.build/XV65B.jpg
The mark up on financial services is also insane. And the cost of government...now I'm getting depressed! 🤣