I agree, they do thrive, but they also keep increasing their prices so the exclusivity remains. Chanel’s classic flap has increased massively over the years, which ultimately excludes people who can’t afford the new price. I do agree with you in sense that, if everyone and their dog had a certain bag it puts me off, (such as the LV neverfull - sorry if people here have it!), it put me off a little, so I went for a similar bag style, but a different brand - the YSL tote.Yes but how long does it last?
Won't be long till the bank comes knocking on the door and you're forced to foreclose. This is just a huge financial mistake that's short term and destined to end up in huge amounts of debts and eventually having the bank seize your property.
Not just the replica industry but the authentic designer brands too... they all somehow turned into fast fashion. Instagram is the main reason for this and there's constantly a new "it bag" every few months or so.
Everywhere I look I see someone with a designer bag but 5-10 years ago I barely saw any and it was mostly the usual MK, Kate Spade, Coach.... and only a few people would be seen with high tier luxury brands. These days even kids in High School are somehow able to get a PSM (worth over $2k) among many other things. Unpopular opinion: but I am starting to not care for or want to spend money on luxury bags if it's something everyone and their grandma has... it just doesn't feel special anymore (at least to me). I am starting to believe that high-end designer bags will soon no longer be a symbol of wealth or luxury. I honestly rather spend the money towards buying stocks, crypto, real estate.... and turning money into more money rather than buying things that are pretty much common and nothing exclusive/special these days.
but I’m also really easily influenced