Most Overpriced Designer?

[JohannesL]

Four more years of these people by the way she does not wear American designers

When it comes to spend money, I think she will continue to opt for top tier brands like Chanel or Dior for big occasions since no one dares to dress her and no freebies again. I know Trump is despicable but am surprised to learn that the Macron woman is held in such a high esteem.

 

[Deleted member 170196]

Finally I can post this here: This poly-blend mini dress from Valentino that retailed for almost 3000€ (though now -40% off at MyTheresa, so only 1740€) that not only does not fit at all (gaping at the shoulders on a still image??), but is also made so badly, that every single seam is puckered, even though I am sure that some poor intern had to steam this forever (you would not be able to put an iron to this because again, this is 82% polyester) good luck wearing this more than one time - poly-satin is notorious for pulling threads at the slightest friction. (Maybe that is the luxury aspect of it all?) Not to mention this cut is essentially a Simplicity sewing pattern that any mildly skilled homesewer would be able to make in less than a few hours.

 

[Lola701]

When it comes to spend money, I think she will continue to opt for top tier brands like Chanel or Dior for big occasions since no one dares to dress her and no freebies again. I know Trump is despicable but am surprised to learn that the Macron woman is held in such a high esteem.

There’s a reason to not hold her with a high esteem?
I think the climate and the passion around politics in the US makes it hard for Melania. She is a collateral damage in a way.

In France the First Lady doesn’t have the same « impact ». She is basically the wife of the president.

I think Brigitte dresses like a First Lady is supposed to dress. So there’s no real statement. And in France, being too stylish is a danger!

 

[JohannesL]

There’s a reason to not hold her with a high esteem?

Her husband is very unpopular, non? But just not in the same way that the liberal world hates Trump. Maybe I am reading too much here and french people do like this couple unlike us third world citizens.

 

[Lola701]

Her husband is very unpopular, non? But just not in the same way that the liberal world hates Trump. Maybe I am reading too much here and french people do like this couple unlike us third world citizens.

Every president is unpopular after their second mandate isn’t it?

But in France, the « First Lady » title is not an institution. So, people don’t really check for her. She lives a quiet life and we see her when it comes to events, she goes to some shows, involved in culture. She was a French/Litterature professor so, she is seen as an intellectual and people from the Arts goes generally through her to have some kind of voice in the political area but that’s it.

People don’t like Macron but more than that, they don’t like what he represents (He used to be a banker at Rothschild and he suffers like Sarkozy of the image of the « President of the Richs »).

But maybe yes, Brigitte Macron is seen with more esteem. But at the same time, she is very cautious, even with fashion. Since Carla Bruni, First Ladies, even though dressed by all the houses, have to return the clothes.

In reality, the closer in terms of profile and political view to Trump and Melania is Marine LePen. And she is single currently. And I think it’s a relationship that could be very complicated with the fashion industry.

 

[yslforever]

Well, complaining about the presidents is a real past-time here, so very few can make a 2nd mandate. And their wives are all afraid of the "Marie-Antoinette syndrome".

Her husband is very unpopular, non? But just not in the same way that the liberal world hates Trump. Maybe I am reading too much here and french people do like this couple unlike us third world citizens.

But she isn't as unpopular as he is, and to be honest, she's is 90% of her time in very sleek custom Nicolas Ghesquière and it suits her well. No prints, no monogram of course, blue, navy, deep purple.
She was in Chanel too at state dinners and was surprised to see her in Pleats Please at Balmain lastest shows, but I suppose Olivier and her team both approved.
In private (and I won't say how I know it), she buys herself Sacai, Yohji, Kurogouchi. But I am not surprised either because she is not the first First Lady to like and support Japanese designer. Ms Pompidou wore Hanae Mori.

 

[Lola701]

Well, complaining about the presidents is a real past-time here, so very few can make a 2nd mandate. And their wives are all afraid of the "Marie-Antoinette syndrome".

But she isn't as unpopular as he is, and to be honest, she's is 90% of her time in very sleek custom Nicolas Ghesquière and it suits her well. No prints, no monogram of course, blue, navy, deep purple.
She was in Chanel too at state dinners and was surprised to see her in Pleats Please at Balmain lastest shows, but I suppose Olivier and her team both approved.
In private (and I won't say how I know it), she buys herself Sacai, Yohji, Kurogouchi. But I am not surprised either because she is not the first First Lady to like and support Japanese designer. Ms Pompidou wore Hanae Mori.

I feel like she is, maybe with Madame Pompidou, the First Lady who loves fashion the most. I think Mme Chirac liked being dressed and Carla presented well but I don’t think they really loved fashion!
Anyway, the one really afraid of the « Marie-Antoinette syndrome » was Rachida Dati. Lol!

It seems like since she is the minister of Culture she is happier than ever and can wear all the fashion she wants. No more Lacoste shirts! Full on Schiaparelli for Madame La ministre lol.

 

[visvim2001]

Finally I can post this here: This poly-blend mini dress from Valentino that retailed for almost 3000€ (though now -40% off at MyTheresa, so only 1740€) that not only does not fit at all (gaping at the shoulders on a still image??), but is also made so badly, that every single seam is puckered, even though I am sure that some poor intern had to steam this forever (you would not be able to put an iron to this because again, this is 82% polyester) good luck wearing this more than one time - poly-satin is notorious for pulling threads at the slightest friction. (Maybe that is the luxury aspect of it all?) Not to mention this cut is essentially a Simplicity sewing pattern that any mildly skilled homesewer would be able to make in less than a few hours.

View attachment 1325117 View attachment 1325118 View attachment 1325119 View attachment 1325120

Shein vibes

 

[FashionPower]

I love checking the prices of the CHANEL stuff that gets released after a new collection launch.
Cruise 2025 is HERE!
Shein looking dress: 5400 euro


Ugly tweed jacket with neoprene hoodie: 9600 euro


Worst one so far is this one. Who wants to spend 19k to look like little prairie girl?
-Top: 8700 euro
- Skirt: 10500 euro

 

[jeanclaude]

I love checking the prices of the CHANEL stuff that gets released after a new collection launch.
Cruise 2025 is HERE!
Shein looking dress: 5400 euro
View attachment 1325875

Ugly tweed jacket with neoprene hoodie: 9600 euro
View attachment 1325876

Worst one so far is this one. Who wants to spend 19k to look like little prairie girl?
-Top: 8700 euro
- Skirt: 10500 euro


View attachment 1325877

The explanation for those prices is easy: they are part of a history of fashion collection. The collection that put Virginie out of Chanel for good!!

 

[Monsieur Cristobal]

I have Karl on a marble pedestal, but since the supermarket collection, the fashion at Chanel is like James Cameron: travelling to the bottom of the Mariana Trench.

 

[Lola701]

I have Karl on a marble pedestal, but since the supermarket collection, the fashion at Chanel is like James Cameron: travelling to the bottom of the Mariana Trench.

The brasserie, the space age and even the Greek collections were superior in terms of clothes even if the supermarket was super fun!

 

[FashionPower]

Oh Demna...trash bag couture extravaganza gone wrong

 

[yslforever]

Oh Demna...trash bag couture extravaganza gone wrong

View attachment 1326702
View attachment 1326703

And it's Nylon:

• Matière principale 1 : 100 % polyamide
  Revêtement : polyuréthane
  Matière principale 2 : 100 % soie
  Doublure 1 : 100 % coton
  Doublure 2 : 85 % polyamide, 15 % élasthanne

Product ID: 816779TNO231000

 

[tourbillions]

he really thinks he is doing something and unfortunately he does impress some so-called fashion business experts here.

 

[JohannesL]

Oh Demna...trash bag couture extravaganza gone wrong

View attachment 1326702
View attachment 1326703

I saw similar and better DIY Halloween costume with same concept last month, but how the atelier at Balenciaga manages to drape this terrible fabric is beyond my comprehension. This trash bag dress will look good when pairing with its iconic IKEA bag seaons ago.

 

[JohannesL]

source: the cut
Even this Moschino Spring 1994 dress made of real trash bags is looks better than the 50k one.

 

[Mrs.T]

Moschino all along!

 

[Frederic01]

50 million people have stopped buying luxury brands like Dior and Burberry after ‘broken promises’ to customers​

“You need to constantly meet consumers at a new angle and surprise and delight them,” an equity analyst told Fortune. · Fortune · Mike Kemp - Getty Images
Jane Thier
Updated Wed, November 20, 2024 at 7:30 AM GMT+11 4 min read

Nothing gold can stay. Despite years of strong performance, the market for personal luxury goods is set to slow down this year for the first time since the 2009 Great Recession. Now, 50 million luxury consumers have either ditched buying designer bags, scarves, watches, and more—or have been priced out, Bain & Company’s new annual luxury report warns.

Only a third of luxury brands will end the year with positive growth, Bain posited, down from two-thirds last year.

Looking ahead, it said that to stay alive, brands need to reevaluate their value proposition—mainly for Gen Zers—and keep meeting their growing expectations.

As for how? Marie Driscoll, an equity analyst focused on luxury retail, told Fortune that reinvention is key.

“Get back to books, make products more inspirational, make the shopping experience marvelous,” Driscoll said. “You need to constantly meet consumers at a new angle and surprise and delight them.”

“A fabulous ice cream sundae is boring by the time you have it the fifth time,” Driscoll added.

Broken promises to shoppers​

On some level, brands have broken their promises to consumers, Driscoll said.

“Since 2019, there’s been a high price increase across luxury without a corresponding increase in innovation, service, quality, or appeal that a luxury brand should provide,” Driscoll added. “This year, that really hit consumers, and we felt the full impact.”

It perhaps explains why the luxury powerhouses, including LVMH (which owns Dior and Louis Vuitton), Burberry, and Kering (owner of YSL and Gucci), missed revenue targets this year. In fact, LVMH was dethroned as Europe’s most valuable company in September 2023 by Novo Nordisk, the maker of Ozempic.

Customers—beyond being hamstrung by eye-popping prices with which their salaries rarely keep pace—are likely growing unimpressed by the products these high-end brands have to offer.

Some more than others. Michael Kors, founder of his namesake brand, said during New York Fashion Week in September that he’s struggling with “brand fatigue” in an effort to explain 14% year-over-year revenue drops, pointing his finger at fast fashion and social media influencers keeping up with trends much, much faster.

"The luxury consumer wants something that is rare, unique, bespoke, beautiful, and specifically theirs,” Hitha Herzog, a retail analyst, told Fortune. “While some luxury brands offer basic customization, almost all luxury brands have no way to make one-off pieces for their VIP clients, or create something so aspirational customers can strive to eventually own.”

One major exception: Hermès, which has skyrocketed in growth this year while its industry peers have struggled. Herzog said this is largely thanks to its Birkin bag, which amasses “long wait-lists and requirements and benchmarks of how much money a customer spends before they can talk to the store about purchasing a bag.” That exclusivity, Herzog said, “creates a mystique around owning something rare, and gives it a sense of worth when you look at the price tag."

The China effect​

China had been propelling luxury growth since 2000 all the way until the pandemic. “Luxury growth globally benefited from the growth of the Chinese middle class, the aspirational class, and the people that became millionaires,” Driscoll said.
LVMH, a bellwether for the larger luxury space, posted a 3% revenue drop last month, due in large part to the continued impacts of inflation on consumer behavior—especially in the crucial Chinese market. For its part, Kering reported a 15% year-over-year decline last month.

Bain said the sharp decrease in spending in China is due to “lackluster consumer confidence”—and they’re not alone.

Globally, the current economic environment has made many “aspirational” shoppers more conservative in their spending, Nicolas Llinas-Carrizosa, a BCG partner focused on luxury, told Fortune. “They’re prioritizing either financial investments or prioritizing spending in other categories they deem more important to them.”

All told, the entire luxury sector is set to drop by 2% over the 2024 full-year period, Bain said.

But that doesn’t mean consumers are pausing their spending altogether; the travel, fine wine and dining, and auto sectors both reported modest growth this year.

Plus a “gradual recovery” in late 2025 is nonetheless still likely in China, Europe, the U.S., and especially Japan—where shoppers are the lucky beneficiary of favorable currency exchange rates.

FORTUNE MAGAZINE

 

[Salvatore]

It's so true ! ^^