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- To sum up, Louis Vuitton is so expensive because it is a luxury, in-demand brand that has a reputation for top-quality manufacturing. A Louis Vuitton bag will last longer than an average bag — you can find vintage Louis Vuitton bags that still look brand new. Furthermore, LV bags tend to keep their value on the secondary market.
luxefront.com › 2023/03/17 › why-is-louis-vuitton-so-expensive-the-actual-5-reasons
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Mar 17, 2023 · To sum up, Louis Vuitton is so expensive because it is a luxury, in-demand brand that has a reputation for top-quality manufacturing. A Louis Vuitton bag will last longer than an average bag — you can find vintage Louis Vuitton bags that still look brand new.
- History
- Exquisite Designers
- Limited Edition
- Brand Awareness
- Where Are Louis Vuitton Products Made?
- High Standard Material Selection For Production
- Strict Quality Control
- Product Cost
- Rent Cost
- Campaign Cost
In 1837, Louis Vuitton, the founder of the brand, made his way on foot from Anchay to Paris during the economic growth that had attracted others to the region. He was a trunk makers apprentice for close to two decades before he managed to open his own store. 1858 saw the birth of a new trunk designed by Vuitton which was made of water proof, durabl...
Maintaining an edge over the growing competition in fashion is increasingly demanding. Louis Vuitton prefers to work with professionals and experts in fashion fields to work with. Being a formidable brand, their designers too have to be cutting edge in their own right. Their women’s collection’s creative director, Nicolas Ghesquiere, is a French de...
Louis Vuitton capitalizes on desire and exclusivity. They do not produce to flood the markets with their unique and genius designs. Vuitton sticks to their sales projections and once they are hit, they cease production of the item to minimize wastage and maintain the high value of the item. Some items are even marketed as limited edition with price...
Vuitton is ranked as the world’s most valuable luxury brands by Forbes magazine. Their recognized products are handbags, shoes, watches, jewelry, leather goods, trunks and accessories. Recently they launched a perfume line, a first in 70 years, and built a fragrance factory to facilitate their development. They launched the female fragrances with a...
Most products are made in Europe or America in the Vuitton workshops where the craftspeople have to undergo a full year of training before they are allowed to work independently without supervision. While other brands outsource their production to China to lower production rate, Louis Vuitton instead prides itself in quality and market superiority....
Vuitton maintains high standards from the get-go. At the selection of raw material to be used in production, thorough inspection is undertaken to rule out any blemishes or imperfection. Even when using animal skin like snake or crocodile, as they usually do, they have to be manually burnished with agate stones which creates the shine. The same proc...
The value of a designer bag is in its every detail and Louis Vuitton know and understand this better than anybody. Every bag that leaves their workshop has to be identical in seams, pocket placement, zip type, shape and even the stitching has to match. Steps involved in he production of these luxury bags could lead up to 100 or 300 depending on the...
Cost of production goes back to the employees or the skilled crafts men and women who work at Louis Vuitton workshops. It is Vuitton’s policy that the price of one of their bags must be equal to an employee’s full year salary. As they do pay their workers fairly, it is clear to see why the price tag keeps going up. At the final stage of production,...
Their over 500 stores and pop up shops globally require regular maintenance and up keep. With locations featuring places like France, Italy, USA, Canada, Britain among many other high-profile metropolitan cities of the world, we can only guess how much the rent bill totals to. As with every manufacturer of goods, a mark-up based on fixed costs and ...
No business can make it anywhere without marketing and running campaigns tirelessly. While you won’t catch Louis Vuitton in promotional ads, they do a lot in the campaign ads section. These ads are more than just a marketing strategy but a business endorsement. In order to exclusively stamp your name on people’s minds in terms of luxury goods, you ...
Feb 6, 2023 · Why Is Louis Vuitton So Expensive? Louis Vuitton stands out for prestige, power, status, and desirability, making it more valuable. However, if we considered other factors like the brand heritage, its loyal customer base, the market demand, and product quality, we would have an even more costly label, which is the case of the French brand.
- The History of the Louis Vuitton. Louis Vuitton has a long and rich heritage, and this incredible history can have an effect on the price and the product itself since Louis Vuitton has been making and perfecting some of these pieces for decades.
- Materials. Louis Vuitton clothing, bags, and leather goods are each crafted from high-quality materials that have a luxurious feel and are intended to really stand the test of time.
- Craftsmanship. The craftsmanship of Louis Vuitton bags is incredible, to ensure a top-quality and long-lasting finish. The luxury handbags from Louis Vuitton are made in France, Italy, Spain, or the United States by expert craftsmen and skilled artisans to ensure a luxury finish every time.
- Brand Reputation. The expensive prices for Louis Vuitton luxury goods mean that fewer people are buying the items which gives the brand an exclusive reputation that is only available to wealthy customers.
Jul 8, 2021 · Why Is Louis Vuitton So Expensive? (Top 10 Reasons) 1. Brand . Louis Vuitton is part of the famous “big three” of the fashion industry, with the other two brands being Hermès and Chanel. Owning a Louis Vuitton product such as a handbag, shoes, or watch, is about far more than simply owning a product.
Nov 23, 2023 · Top 10 Reasons Why Louis Vuitton is So Expensive. 1. Brand Reputation & Exclusivity. Being an instantly recognizable status symbol with a long history and A-list clientele means LV can charge premium prices and retain luxury prestige. LV has cultivated powerful brand recognition, exclusivity and prestige over the past 160+ years. 2.
