Why is Luxury Fashion Expensive?
Luxury products are usually handmade and hence the brand needs to meet up with the hefty labour cost
Most of the luxury brands are located in posh localities and high-end malls. Therefore, you're also paying the rent!
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When you're buying a high-end product you are also purchasing the designers' time and artistry skills
A luxury fashion house is selling you not just a product but also the brand along with it
Many designer products are simply more expensive because of the raw materials that have been used to make them
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Fashion houses spend copious amounts of money for celebrity endorsements and luxurious fashion shows
Each luxury product is made with the intention of exclusivity so that each consumer stands out when wearing it
Since many international brands pay hefty taxes when entering India, their products, thus, become expensive