Why would anyone buy these luxury brands?
“Dior paid a supplier €53 apiece, roughly $57, to assemble a handbag that it sells in stores for €2,600, or about $2,780, according to documents examined as part of the probe. Armani bags, meanwhile, were sold to a supplier for €93, then resold to Armani for €250, and ultimately priced at around €1,800 in stores, the probe found.”
Imagine paying a 4806% markup, for a handbag 😂
https://archive.is/Bq4S5
You might be similarly shocked at the markup on goods you consume, whether it be technology or beer, etc.
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For the most part I’m aware of this stuff, my missus is another story..
Beer is a good one to raise though; in Australia it’s mostly tax
The mark up on financial services is also insane. And the cost of government...now I'm getting depressed! 🤣