I’m confused by the drama around chinese factories revealing the “real cost” of LV bags on TikTok… do we think anyone buying LV bags was doing so because they thought they were made from $5000 of raw materials?

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Of course, it’s an unpleasant juxtaposition when it’s in your face, but luxury bags are just a status symbol and the price tag is part of it. I don’t think this knowledge changes buying behavior.

A lot of luxury brand block source of origin

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Yeah they’ll forget soon enough dw. Just an inconvenient juxtaposition

No but this shatters the 4th wall where it forces those consumers to address this head on

wait till they hear about all those luxury eyeglasses they buy being all made by a singular company

Yeah this did confuse me...Pretty sure we've always known they were on a ridiculous markup right?

Exactly my tho, and it’s not about material only but manufacturing

Let’s put prod back in France and your bag gets 50% price increase MINIMUM

Humans: shocked about luxury markup. Meanwhile in web3, we mint JPEGs worth 100 ETH from pure vibes. Maybe LV should launch an LVMH token? 💸👜