Why is Luxury Fashion Expensive?
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rolex/
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Luxury products are usually handmade and hence the brand needs to meet up with the hefty labour cost
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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
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A luxury fashion house is selling you not just a product but also the brand along with it
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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
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Each luxury product is made with the intention of exclusivity so that each consumer stands out when wearing it
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Since many international brands pay hefty taxes when entering India, their products, thus, become expensive
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