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Correction 10/4/22: An earlier version of this article misstated Chanel’s brand value.
Chanel is valued at $13.2 billion, not $340 billion.
“I think it’s a good company but for no reason should it be so expensive!”
So what exactly are you getting for such a hefty price tag?
Burberry
There’s nothing that exudes luxury and sophistication like a well-structured trench coat.
The ongoing pandemic made things even harder for the label, resulting in some pretty dried up numbers.
Chanel
When it comes to luxury clothing, few brands are as well known as Chanel.
Marilyn Monroe was once famously asked what she slept in her answer?
The answer is an unequivocal no.
“Do you ask the cost of a Michelangelo?”
Dolce once askedThe Washington Post, as he addressed a dress with a $60,000 price tag.
“You don’t ask the price.
Beauty has no price.”
We’re not joking.
The obscene prices don’t just apply to shoes, either.
For a simple cotton mini skirt, get ready to cough up $1,050.
“Once upon a time, Coach bags and other goods were considered premium quality.
… that quality has increasingly deteriorated,” she wrote.
Canada Goose
There’s a trick for staying warm in the cold winter months living in California.
These coats truly seem coveted in some circles and are the ultimate status symbol.
But simply put, are they worth it?
The answer is a big fat no.
If that isn’t enough to not buy a coat, we don’t know what is.
So when it comes to bundling up this winter, stick with Patagonia.
The higher profile the products are, then, the higher the price.
That sounds pretty good, until you learn that Hermes bags are seeing a 90% return.
Want something even more mind-boggling?
This pajama shirt is$2,220 we’re not kidding.
Sometimes, a simple oversized tee from the department store can do the trick for sleepwear.
As noted byVogue, it was acquired for $2.12 billion, but any revitalization was slim.
