Most Overpriced Designer?

I saw this Prada Cotton Hoodie is over 2000USD on Farfetch and I don't understand why?!

Photo Credit: Farfetch
View attachment 1172892

I saw this and other similar products in the Prada store last Saturday. Being a huge Prada fan and having the privilege of owning some products, I can truthfully say it’s not worth it. I actually liked the iconography and typography, it looks much cooler in person, but for $2,000, it is ridiculous. Spend it on a jacket or get two of those cool platform loafers instead!
 
I saw this and other similar products in the Prada store last Saturday. Being a huge Prada fan and having the privilege of owning some products, I can truthfully say it’s not worth it. I actually liked the iconography and typography, it looks much cooler in person, but for $2,000, it is ridiculous. Spend it on a jacket or get two of those cool platform loafers instead!

Agree with you on this one. Honestly, Prada as a whole is not worth it anymore. A few years ago, there was this talk in ShowStudio and this fashion buyer said that Prada pricing was good in a sense that it was "well-priced" for designer luxury clothing. It was in the middle ground between the super expensive (i.e. Chanel) and the affordable. But now, they're really banking on the millennial buying habit of going into massive debt in order to inconspicuously display whatever the "cool kids" want to signal these days - because it sure is not good taste nowadays. And these elevated prices for something mostly so banal and uninspiring. I said mostly because those creepers and tailoring still have my heart...
 
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Scrunchy £180.00
louisvuitton.com
 
^You'd be better off making yourself one with an old Hermes scarf and some spare elastic, at least you would get to exercise your crafty side.
 
Definitely on my wishlist, mine and that of the members of the now defunct StyleZeitgeist forum...we are a hivemind still today.
 
Does anyone know the article about how brands are now pricing extremely high because they are banking on people buying more during sales or something like that? I can't remember the paper or title and I thought it was in this thread but I can't find it for the life of me :(
 
It really is unreal to me that anyone keeps paying for Zimmermann. Still made in China as always but every season the prices go up and still every woman in Sydney buys. The margins on these must be astounding.
Shelly Halter Bow Midi Dress
 
Ok so idk where I have been but I just heard about a price increase at Chanel. Just looked it up... are people really gonna be paying this much for a classic flap?? That is INSANE. There has to be a point where people start to realize they are being ripped off... I feel like they are overplaying their hand here but I could totally be wrong.
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^If I'm not wrong, they want to increase the price of a classic flap in medium size by more than $1000 compared to the price from last year.
 
^^ Interesting! I remember not long ago when very similar Chanel bags were ~$2500 or so? Didn't buy one then, and won't buy one now :wink:
 
Yes, I still remember when the flap was like 3000 dollars...the silhouette is too nouveau riche tbh and there are a ton of bags on the vintage market but if east asians have that much money to burn...
 
Chanel was one of the very few stores in Soho NYC, that during lockdown always had a long line outside, even on the coldest days of winter. Mostly an asian demographic. I don't think they have overplayed their hand. Surely they have analyst and have done market research that show they will still be able to move these bags.
 
I think that overtime they will have to lower the production of those classic bags.

But in reality, the seasonal bags are still acceptable in terms of prices.
They are really raising the prices of the flagship bags.

But people love Chanel bags so…
 

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