Why 10 Luxury Clothes and Accessories Are So Expensive | So Expensive Marathon | Business Insider

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  • čas přidán 10. 09. 2024

Komentáře • 217

  • @gemelwalters2942
    @gemelwalters2942 Před rokem +353

    I will never understand spending an absurd amount of money on clothing, no matter how wealthy I get. Buying quality, hand crafted products that last I can understand but mass manufactured products with a brand label slapped on it for bragging rights is ridiculous.

    • @Gulag00
      @Gulag00 Před rokem +6

      Smart with your money 👍

    • @SnowSNS11
      @SnowSNS11 Před rokem +7

      If you're wealthy, if you see something you like, you just buy it without a thought. Tho buying for bragging rights... Idk if actually rich people do that, if so that's indeed useless, at the very least like the things you buy

    • @gemelwalters2942
      @gemelwalters2942 Před rokem +8

      @@SnowSNS11 of course they do, it's all ego... that's as old as time. There are rare exceptions but in most cases it's all about self validation. I'm wealthy enough to afford many things but choose not to. It's about upbringing and the things you choose to place value in.

    • @American_patriot110
      @American_patriot110 Před rokem +6

      OMG don’t you want attention? And people look at you 😂😂, that is today’s mentality

    • @SnowSNS11
      @SnowSNS11 Před rokem +2

      Haha 😅 I guess it's for people with too much time to care about that, only shallow people will care about that as it seems a waste of time to bother... or those focus on their appearance if it's their job like celebrities? I remember they have a problem in Korea about Idols wearing luxury items as their young fans are begging their parents to buy them those things maybe to support their idol or whatever. Eitherway it's very effective.

  • @--deleted--
    @--deleted-- Před rokem +101

    There is 3 reasons why things are expensive:
    1. it's hard to make
    2. it's rare
    3. people are stupid

    • @fredeatstheworld308
      @fredeatstheworld308 Před 6 měsíci +1

      people are stupid can also be just collectively valueing something. like pokemon cards. skins etc.

    • @user-kp2yg1mb5v
      @user-kp2yg1mb5v Před 6 měsíci +1

      Because they are filthy rich.

    • @zerihunsahle7544
      @zerihunsahle7544 Před 2 měsíci

      ❤❤❤❤❤strong people

    • @ledinhdong7743
      @ledinhdong7743 Před 2 měsíci

      They call it luxury items. Like 1-star hotels and 7-star hotels.

    • @sona8036
      @sona8036 Před 2 měsíci

      The 1st two do no apply!! #3 YES!

  • @ooXChrissieXoo
    @ooXChrissieXoo Před rokem +79

    Some things are rightfully expensive, some "luxury" brands are illegally expensive.

  • @amandapittar9398
    @amandapittar9398 Před rokem +60

    The kimonos are the most exquisite. Maybe because I sew & embroider, but they are quite superb in terms of quality and beauty. Also, when you think that the Japanese don’t like second hand clothes… I would gladly buy one second hand. Sooo beautiful.

    • @nostalgiaxx-fc38
      @nostalgiaxx-fc38 Před 6 měsíci

      It's not just about buying. It's also about the skill of cleaning, maintaining and repairing and all that requires money and effort so it's hard to blame people not investing in it while the economy is not doing well

  • @LFPGaming
    @LFPGaming Před 10 měsíci +3

    the 'supreme' and 'nike' sections don't even show any design/creation.... i guess these brands don't want us to see the chinese sweatshops they're made in? it's overpriced tripe made by modern-day slaves

  • @Benz100
    @Benz100 Před rokem +35

    I love these type of video I often tend to fall asleep when watching because it’s so relaxing, no loud noises of screamed kids. Purely information and knowledge.

  • @Iskander448
    @Iskander448 Před 8 měsíci +11

    It's ironic how almost every entry focuses on the craftmanship as justification for the high price yet when it gets to Supreme and Air Jordans, it is about the 'celebrity factor' and exclusivity instead of quality. Birkin bags somehow fall into both categories. Ridiculous.

  • @daizyrendon
    @daizyrendon Před rokem +10

    Insider Business has some of the most incredible content I've ever come across. They're always the best at what they do.

  • @Masrafi
    @Masrafi Před rokem +35

    the difference between the kimonos where it shows each and every step of how its made with hand drawn designs and made by hand over several weeks vs the supreme t shirt where the entire segment is like: well, theres not a lot of stores and uh, you have to wait in line and kanye west likes it.

    • @asdfgidji879
      @asdfgidji879 Před 11 měsíci

      street wear is a plague on society tbh

  • @johnreybartolata2405
    @johnreybartolata2405 Před rokem +10

    When it comes to Japan, no doubt.
    Their craftsmanship is the best I know.

    • @CHEEBnRUN
      @CHEEBnRUN Před 2 měsíci

      Americans make
      Japanese make it perfect
      Chinese steal patent.

  • @xlerrahul
    @xlerrahul Před rokem +11

    Common Thread Here -> Expensive/Rare Materials -> Inefficient processes -> Decades Old Technology -> Do Everything Manually === SO EXPENSIVE

  • @Gulag00
    @Gulag00 Před rokem +30

    I don’t get why people pay hundreds of dollars on shoes and clothes (Air Jordan’s/supreme) when you can buy different brands for like $50 max and pocket the remainder

    • @pwandaa
      @pwandaa Před rokem +8

      theyre not buying it for comfort/looks, they buy it for status

    • @Kni0002
      @Kni0002 Před rokem +1

      @@pwandaamost people won’t even look twice if they see someone wearing supreme sneakers lol

    • @Tracy-xe9zu
      @Tracy-xe9zu Před 10 měsíci +1

      It depends. I'm plus-sized, so finding clothes in my size that I actually like is difficult. It's absolutely worth it to me to spend a bit extra on, say, a bespoke winter coat off Etsy than it is to buy something cheaper but that I don't like the look of. Plus, it's always kind of fun to have an article of clothing that's genuinely unique or produced on such a small scale that you're unlikely to encounter someone with the same thing.

    • @malldemelanin
      @malldemelanin Před 9 měsíci +1

      ​@Tracy-xe9zu i agree with your situation. But most people want to fit in.

    • @DanielDuintjer
      @DanielDuintjer Před 4 měsíci

      @@Tracy-xe9zu This is a VERY different thing than what OP is talking about. You actually need to spend more since otherwise you might not be able to get what you like to wear. You're clearly not paying extra merely for status. People that buy ANYTHING from Supreme or those that buy specific models from known brands like Nike (Air Jordans being mentioned by OP) do it only for the status. You will always get higher quality items for a lower price by not buying any status products. Not saying the status product is necessarily bad but it's not worth the price.

  • @grotemuis4889
    @grotemuis4889 Před rokem +26

    I refuse to wear name branded clothing. If I am to strut around with a name brand on my shirt or shoes I better get paid for all this free advertising! Besides, it looks cheap and tacky.

    • @richmondstar4354
      @richmondstar4354 Před 8 měsíci +4

      Guilty of that myself back in the day…but as I get older prefer simple or plain nowadays.

    • @hallsofivy128
      @hallsofivy128 Před měsícem

      I am glad someone is like me

  • @onemorechris
    @onemorechris Před rokem +19

    The biggest difference between the bags, and something like gold is that you literally cannot produce any more gold in already exists. Yes Hermes bags are very nice and rare however, there’s nothing technically stopping them making millions of them if they really really wanted to. If you want more gold, you literally gonna have to blow up an actual star in space

    • @asdfgidji879
      @asdfgidji879 Před 11 měsíci +1

      not a star but same idea yeah, more of a big rock or even potentially a planet made entirely of gold

  • @PieterBreda
    @PieterBreda Před rokem +19

    Most of the mass produced luxury items have enormous mark-ups. Some are better, most not worth the enormous price.

  • @sharonbuzo5601
    @sharonbuzo5601 Před rokem +7

    My God. Those people and the work put to harvest the pearls!!!! 5 years!!! If that woman (final) is charging 36.0000 , how much are they making??? So wrong and such sad/phenomenal work at the same time. I've always wanted a real pearl necklace and that video blew my mind!!!!

  • @samsonhagos6114
    @samsonhagos6114 Před 7 měsíci +3

    Besides being solid gold, the Cuban chain are the simplest design chains in the jewelry world. It's the way they marketing it made it extra special, any Jewelry maker with basic skill can make them.

  • @ozzyosbourne6
    @ozzyosbourne6 Před rokem +5

    If there is a high demand and low supply on anything no matter what it's price will be high. Ecomomy works like this and i see why hand made stuffs are really expensive because in mass production firms can produce 100 times more than firms make them by hand and also there is more effort.

  • @tcarp77
    @tcarp77 Před 8 měsíci +5

    Why is it still legal to use chinchilla and beaver furs

  • @chris.foreal
    @chris.foreal Před 8 měsíci +3

    Buy what you like. Live once. Enjoy it. Money comes & goes.

  • @3dp_edc
    @3dp_edc Před rokem +5

    lol just get the northface jacket embroidered with supreme and save the $1000 or probably closer to 900 for the embroider work. Or you know just get a rep thats made in the same factory with the same materials by the same people afterhours for $100

  • @judi-anncrooks4756
    @judi-anncrooks4756 Před 9 měsíci +2

    The bespoke shoes 💃🏽 and Cuban links ✨

  • @Qwerty12-yr7ut
    @Qwerty12-yr7ut Před 11 měsíci +2

    I don't understand one thing what is the use of hand spun thread or any other there are so many irrelevant, useless, time consuming, just to increase price methods if you have do that in fraction of cost and time. Why? Sure these might lost long but you can also make best quality for low prices.

  • @romeoslover817
    @romeoslover817 Před rokem +3

    I can answer this question without seeing the video. These businesses will charge as much as they can because people WILL BUY the products as their set price. Any item is only worth the price people will pay for the product. Consumers stop buying it, the price is reduced. Supply and Demand.. basic economics.

  • @Ryu0526
    @Ryu0526 Před 8 měsíci +2

    If anything says made in Japan, you know it’s gonna be good

  • @karolinakuc4783
    @karolinakuc4783 Před rokem +3

    In case of Burkin bag I do not understand the craze. True, they are pretty and from expensive material it is all about the brand. Good that at least they don't use slave labour but artists unlike Nike, or Zara and other fast fashion brands

  • @consmercado3843
    @consmercado3843 Před rokem +3

    I agree with Japanese denim and some hand made items. But Air Jordans? Nah they cheap out on materials and sell it at high mark-up because of it hype. They know people will still buy them

  • @candyce6233
    @candyce6233 Před 9 měsíci +1

    I have been interested in a good Japanese pair of jeans for about five years now. I’ve dabbled in so called Japanese denim like at Uniqlo but I definitely want a pair with the end stitching and all. 😊

  • @jakeleo4518
    @jakeleo4518 Před 11 měsíci +1

    simple answer 55:27 mental tardation :) thanks for coming to my ted talk

  • @roravenclaw7797
    @roravenclaw7797 Před rokem +3

    I have a pair of Doc Martens that I have taken very good care of. They are more than 20 years old.

    • @laramaaike3050
      @laramaaike3050 Před 6 měsíci +2

      I have a pair that is 30 years old, not taking care of at all and still in good condition. They doný make them as they used to do tbh. (I was 16 at the time and didn't care about taking care and after I learned about it....5 years ago, I still didn't care for that pair of shoes) I do however take care of my newer pair and my 2 pairs Mary Janes (who are 20 years old)

    • @roravenclaw7797
      @roravenclaw7797 Před 6 měsíci

      @@laramaaike3050 If found that If I get them sent directly from England, they are of better quality. If they are made elsewhere...not so great.

  • @TheChrisDecember
    @TheChrisDecember Před rokem +4

    NIKE Trying to justify Sweatshop labor so fanboys can buy more Jordans? Pass dudes. Be more responsible with your money.

  • @TTOS69
    @TTOS69 Před 5 měsíci +1

    How is something that weighs more than DJ Khaleds beard or the sun only worth $200,000? When there are pinky rings worth that.

  • @pauln7029
    @pauln7029 Před měsícem

    The new beanie babies

  • @GodzHarleyGirlStudio
    @GodzHarleyGirlStudio Před rokem +1

    Most of these have already been posted and viewed, just all put in one video.

  • @v1nc3nt_bl4ck4
    @v1nc3nt_bl4ck4 Před 7 měsíci +1

    Martins ain’t made in England, they still banking on presumed reputation n good quality even tho they ain’t quality no more

  • @allythearts5439
    @allythearts5439 Před rokem +2

    I dont buy luxury clothes. I can do without. Still like to look nice but im not into the big big brand names

  • @PremiumToyCollect
    @PremiumToyCollect Před rokem +1

    A Premium Product !

  • @Nakkisampyla
    @Nakkisampyla Před rokem +1

    Loake and Church make quality with decent price

  • @mrgrape2166
    @mrgrape2166 Před 2 měsíci

    Hermes has been playing this game for years... The most expensive hand bags in the world.

  • @bentmch1
    @bentmch1 Před rokem +6

    Those birkin bags are soooo ugly

  • @alexkwilliams
    @alexkwilliams Před 8 dny

    Why is there a picture of Mao Zedong at 3:42?

  • @pandabytes4991
    @pandabytes4991 Před rokem +1

    I once owned a Stetson, but I don't know what happened to it

  • @chyu89
    @chyu89 Před 8 měsíci +1

    People used luxury items as a key to access to their next social status group. Like who can or will you meet when you have a Bugatti.
    People tend to think why overpaid for a 4 wheeled vehicle or leather goods from the same animal. Think of it as an ACCESS KEY to where you want to be. Billionaires tend to hangout with billionaires. Other than that, they are just fulfilling their social responsibility.

  • @chris.asi_romeo
    @chris.asi_romeo Před 10 dny

    The illusion of (or real ) scarcity is the sole reason they are so expensive.

  • @NewtBeGaming
    @NewtBeGaming Před rokem +8

    Short answer. The brand name. I just bought a pair of shoes with the same quality and arguably more comfortable off of TEMU of all places. $23 (not a temu add i promise). Most I’ve ever spent on shoes was $120 for a limited edition pair of Vans

  • @Tennisisreallyfun
    @Tennisisreallyfun Před 2 měsíci

    To be honest, most of the “luxury” items I see are things that are expensive just because they are rare and the market has created the hype. Those sneakers? They aren’t usually created with the finest materials on Earth. And if they are made with alligator leather or ostrich skin, then they aren’t hand stitched, nailed, and varnished with a brush like proper dress shoes should be. There’s the segment of the luxury market of clothes and accessories composed of things made by hand using artisanal methods of only the finest possible materials. Those are worth the price. But you often won’t know about their existence and they won’t usually show up on videos like these because, for the most part, they won’t have any logos or excessive advertising to accompany them. They’re for the clients that know😉

  • @onemorechris
    @onemorechris Před rokem +1

    What are the Jordans are not often cheap, they are comfortable. This can’t be said for Doc Martens which are today, the most uncomfortable shoe I have ever worn

  • @eddieabbott370
    @eddieabbott370 Před rokem +1

    Great Job youll

  • @MarvinBibb-p2l
    @MarvinBibb-p2l Před měsícem

    I learned about H Q D U P S last month and now I have bought 3 copy bags

  • @jcolt84
    @jcolt84 Před 4 měsíci

    What a weird transition at 18:06 into the. You go from talking about sterson hats, to immediately breaking into a segment about pearls, with absolutely no transition in between. I had to check to see if I was still on the same video. It certainly didnt seem like it was intentional.

  • @martin5504
    @martin5504 Před rokem +2

    The Birkin bag thing is teenage insanity.

  • @pheangmethkonyak7590
    @pheangmethkonyak7590 Před 2 měsíci

    I don't think supreme does justice to the fashion because one in a million only gets it so it isn't a big deal.

  • @HarryTBeck
    @HarryTBeck Před rokem +1

    12:06 I’m not a photographer at all, but this picture would look so much better if the house wasn’t there, and instead they had a train coming towards the car, with a cigarette in the man’s mouth… Or if he was leaned forward a little lighting a cigarette. Idk, I just think it would add a lot to the pic and would look a lot better than a random house there…

  • @racist_007
    @racist_007 Před rokem +5

    Japan : Though the efficient tech is available we will make this everyday object using 10000 year old machines that take 95 years to master. The end product will cost you 95000000 USD
    World: STFU and take my money

    • @SnowSNS11
      @SnowSNS11 Před rokem +3

      Huh perhaps paying to keep history alive too? Instead of being forgotten they want to keep it alive, which I can see will appeal to those who appreciate it

  • @akuratordue7494
    @akuratordue7494 Před 11 měsíci

    I love luxury ❤️

  • @SaianaKrishnaMehrotra-fr4qt

    nice to see that insider business is more reliable than CNBC videos.

  • @elMARABIYOCHO1989
    @elMARABIYOCHO1989 Před měsícem

    They are expensive because of the name. We already know that these products are made in some factory in China for less than $50

  • @vintageswiss9096
    @vintageswiss9096 Před 5 měsíci

    Stetson should go into partnership with the brush makers...
    Brush markets only use long hair and throw away the down... stetson only uses down and throws away the hair...

  • @rebeccabarnhart4837
    @rebeccabarnhart4837 Před 5 měsíci

    very good

  • @solraczevehc3761
    @solraczevehc3761 Před měsícem

    FYI canvas comes from cannabis !! Thank you for providing

  • @ByDaniSimone
    @ByDaniSimone Před 8 měsíci +1

    This is an amazing documentary

  • @Quadrupliplex
    @Quadrupliplex Před 2 měsíci

    the problem i still have is that human feet dont naturally come to a point at the toes...
    so even though these may be custom made - they still arent made to benefit the anatomy of the human foot...
    kinda a fail in my eyes...

  • @SuperSimrun
    @SuperSimrun Před 9 měsíci

    Good products

  • @joyblessing5389
    @joyblessing5389 Před 11 měsíci

    That's great

  • @annienigro4624
    @annienigro4624 Před 7 měsíci

    Doc martens are not expensive. They are around $200 Canadian. However, they are desirable if they are made in England.

  • @dave2193
    @dave2193 Před rokem

    It had to be Vegas Dave....

  • @omokpariolaelshalom9883
    @omokpariolaelshalom9883 Před 11 měsíci

    Great

  • @user-yx3by4we1w
    @user-yx3by4we1w Před rokem +1

    Those Momataro jeans don't even look tapered wtf...

  • @giiiddyup
    @giiiddyup Před 15 dny

    Seeing the episodes of people who collect things that have very little functionality and it’s just for looks makes me feel the best about living frugally and being mindful of the environment. These people are so excessive and are forever chasing. Looks miserable.

  • @agenta3570
    @agenta3570 Před rokem +4

    I have some pairs of jeans from years ago that still look as good as the day i bought them Just buy responsibly

    • @Benz100
      @Benz100 Před rokem +1

      Levis is often a great and solid choice when it comes to jeans.

  • @laknicks
    @laknicks Před rokem +1

    Answer to all is MARKETING nothing else

  • @Zenboy23
    @Zenboy23 Před 6 měsíci +1

    No one will care about Supreme in a decade, just as no one cares anymore about Fubu, Ecko, and other streetwear that seemed huge at the time and now is irrelevant.

  • @OztanTimucin
    @OztanTimucin Před 3 měsíci

    Haan bhai, maine to May 17 Lottery ke liye registration kar liya, IPL dekhne ka aur bhi maza aayega jab inaam bhi jeetne ka chance ho 🏏🎉

  • @thinkbigcharomariano
    @thinkbigcharomariano Před měsícem

    because...

  • @spikerzombie
    @spikerzombie Před rokem +3

    The big company’s are selling dreams

  • @reviarelanzar4691
    @reviarelanzar4691 Před rokem

    You are always best business insider at ur work.

  • @Kohl...
    @Kohl... Před měsícem

    Humans cannot go instinct fast enough

  • @user-yr1pe5ly1j
    @user-yr1pe5ly1j Před 10 měsíci +1

    Why can't he wear gloves?????? Ghee!

  • @karolinakuc4783
    @karolinakuc4783 Před rokem

    All worth their prize accept fast fashion brands

  • @KalRick23
    @KalRick23 Před rokem +2

    Why not use correct gloves length so your hands wont color.. it wont affect the quality so your hands are still clean-looking, right?

  • @KC-kp4vh
    @KC-kp4vh Před rokem

    That bag guy is literally the greater fool.

  • @warisgood454
    @warisgood454 Před 11 měsíci

    Dont donate to value village they also have a compactore behind every store where unsold items get tossed
    At least goodwill does provide food banks and job training
    Amd put unsold items on sale after they have been on the sales floor
    Savers just tosses the items after being on the floor for a few weeks

  • @zayaatelier452
    @zayaatelier452 Před 4 měsíci

    its all about marketing because i do thinngs handmade but i dont have money for marketing, so people treat me like a artisan who dont need money. kkkk

  • @ClatoriXima
    @ClatoriXima Před 8 měsíci

    I feel like jeans from places like Balenziaga and others may be worth it for their shape if you can afford it, but buying jeans from the women's section or from cheaper places like asos/used market may be good too. some shoes are shaped specially, other than many y air Jordans. but its really variable honestly.

  • @태이씨
    @태이씨 Před rokem

    I would totally buy hand crafted clothes and shoes, but to throw out thousands for a label on your shirt? No, thanks.

  • @pinakinamin8658
    @pinakinamin8658 Před 9 měsíci

    Antique

  • @MarildeDeca
    @MarildeDeca Před měsícem

    I used to think that owning a luxury bag was an unattainable dream, until D U P B A G Y told me that this dream is actually very close. The sense of fashion comes not only from the brand, but also from personal matching and attitude.

  • @darthgorthaur258
    @darthgorthaur258 Před rokem

    Wait didnt he say there were only two.of those bags, hes an that dudes wife, so what about the asian lady she had all 3 sizes or is that the dudes wife cous she had a very different name lol...sounds like dave doesnt know wtf hes talking about...id laugh my ass off if it was fake..

  • @joelwycoco1791
    @joelwycoco1791 Před rokem

    If it is expensive for you dont patronize it thats how it works

  • @ip16354
    @ip16354 Před 2 měsíci

    the meme: agmog us wear red shoe

  • @videomantan
    @videomantan Před rokem

    Thank you for your information about luxury clothes and accessories

  • @-MrFozzy-
    @-MrFozzy- Před rokem

    People who buy limited items, or high ticket items JUST to resell it/them for x2/x3/x10 it’s original price deserve to be repeatedly punched in the genitals and to lose everything they own….

  • @Decaprio00
    @Decaprio00 Před rokem

    Waiting fr crocs brand 🔥

  • @Shadowman-1960
    @Shadowman-1960 Před 3 měsíci

    The most stylish people shop at places like the Goodwill or Salvation Army.

  • @3dp_edc
    @3dp_edc Před rokem

    Reps are so good these days i bet id be able to sell them to all the resellers on the market. Hell I've sold fake diors to a shoe store for 10k that i bought for $120

  • @Acidstorm01
    @Acidstorm01 Před 6 měsíci

    I don't give a shit, Jordans have never been as cool as Shaqs Reeboks. Its the sheep (teenagers) that follow other sheep that drive the ridiculous prices up

  • @tech4life884
    @tech4life884 Před 9 měsíci +2

    Supreme is not a " Name brand " company. Louis Vuitton, Gucci, and Ralph Lauren are " Name Brand" companies. The customer doesn't determine what companies are Name brand and what aren't Name brand. Companies do. All Name brand companies started out from day 1 as Name brand companies. Supreme started out as a low class skateboard logo. Not a company or a " Name brand" company. No company becomes Name brand over time. They have to start out as Name brand.

    • @annienigro4624
      @annienigro4624 Před 7 měsíci

      …and Ralph Lauren started out with ties. He was a tie salesman and customers kept asking him for rep stripe ties but there weren’t any available, so he began making them. RalphLauren the man/persona is totally made up. He might be wealthy now but he wasn’t when he began. Don’t get me wrong. I love all things RL. If I had the $$$ it would be the only thing I’d wear. I have always had preppy/classic look since high school and RL fills that style. I still own rl clothes from the ‘90s and (if I was still that size 😂) I could still wear them and no one could tell.

  • @walangpagod9274
    @walangpagod9274 Před 9 měsíci

    Are you filipino?

  • @meerkatreserve7543
    @meerkatreserve7543 Před 2 měsíci

    Puhls? 😂

  • @yingxuanli-rn5sc
    @yingxuanli-rn5sc Před 6 měsíci

    its bushshit .our factory also produce for nike and adidas in china with good price .but they just pay a litter . if you find really factory to make your designs . its cheaper .