Why is Louis Vuitton so expensive? | CNBC Explains

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  • Published on Sep 13, 2019
  • Louis Vuitton has held the title for world's most valuable luxury brand for more than a decade. CNBC's Timothyna Duncan explains how the French fashion house gets away with charging so much.
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Comments • 1 733

  • ferdinand he
    ferdinand he Day ago

    why Hermes more expensive

  • Noam Heart
    Noam Heart 2 days ago +1

    I will buy LV only if the people around me buy it and my job requires me to present myself in high end fashion. But it's not required of me so I don't see the need to "waste" money in this way.

  • Marco Bote
    Marco Bote 3 days ago

    Capitalism. Nothing more, nothing less.

  • Nadia N
    Nadia N 4 days ago

    Because us humans add value to to the wrong things.

  • THE DIVERTIDO CHANNEL

    ru-clip.net/video/VxcaXXdoQdg/video.html

  • Aby Mathew
    Aby Mathew 5 days ago

    Come on guys....is this a Louis Vuitton ad.?
    Probably a single Louis Vuitton handbag's manufacturing cost comes around 200$ and that's it
    And they are selling it for 5k...people dont think much when they are rich.....

  • Human Not Zombie
    Human Not Zombie 5 days ago

    I just know the bag that my mother so proud of is that expensive

  • zkdlin
    zkdlin 5 days ago

    ok but why no one talking abt my man Kris LEGEND

  • zkdlin
    zkdlin 5 days ago

    KRIS KING PERIOD

  • EPIC TOP 5
    EPIC TOP 5 6 days ago

    0

  • Harsh Awasthi
    Harsh Awasthi 7 days ago +1

    Why the f*** this video make me feel really poor.

  • M
    M 8 days ago

    so they create artificial scarcity mixed with a marketing gimmick. you would have to be a complete fool to watch this video and still desire "luxury" clothing.

  • Iis Rodiah Gaos
    Iis Rodiah Gaos 8 days ago

    0. I don't really like handbag. Unless someone gave me one of them.

  • LINH ĐẶNG
    LINH ĐẶNG 8 days ago

    i love this mc. She is so beautiful. no to mention, this video content is very captivating.

  • Huy Pham
    Huy Pham 8 days ago

    It costs tons of money on marketing campaigns to build a brand name -> to satisfy consumers’ “high social status” demands.

  • David King
    David King 9 days ago

    Because people will pay. It is called free market.

  • Sebastian Stauber
    Sebastian Stauber 10 days ago

    I wouldn't even pay a hundred bucks for this low quality shit. I have nothing against luxury brands, but at least the quality must be accordingly.

  • Aa Aa
    Aa Aa 10 days ago

    Hi

  • Bhargab Baruah
    Bhargab Baruah 10 days ago

    Same way apple is expensive...these brand are just ripping customers

  • Leon Degrelle
    Leon Degrelle 10 days ago

    "News" channel

  • TheSea13
    TheSea13 11 days ago

    0:10 6:04 why would they show us the image of an Hermes Birkin bag while talking about LV??

  • MicKoz
    MicKoz 11 days ago +5

    Well, that answers my question about Chinese tourists and luxury brands.

  • JJL
    JJL 11 days ago

    Because idiots are willing to buy it

  • Paula Correa
    Paula Correa 12 days ago

    Nice bag

  • WS Intern
    WS Intern 12 days ago

    because they find fools to buy this expensive shit

  • Jessie Cortez
    Jessie Cortez 12 days ago

    Their bag are so expensive so much..... Geez

  • hardik ranga
    hardik ranga 12 days ago

    In india, handbags are as cheap as 2$

  • Leonardo Fiallos
    Leonardo Fiallos 13 days ago

    So why is it priced so high? I don’t see a reason why 🤷🏽‍♂️

  • Entrepreneur Central
    Entrepreneur Central 13 days ago

    Bernard Arnault is a visionary, I will do a video about him

  • Khurty Ramudu
    Khurty Ramudu 14 days ago

    I would never spend more than $50 on a handbag. 😂😂

  • Steven Zebra
    Steven Zebra 14 days ago

    Because there are a bunch of stupid Chinese.

  • michel brillaud
    michel brillaud 14 days ago

    You pay the brand, that's all ! With your Vuitton bag you say to the others : Hey I am part of the "elite" ! Just like when you buy a Mercedes.

  • vinc dagd
    vinc dagd 14 days ago

    i bet Louis was seen as Christian to the Chinese, so they wanna persecute Christians. You lie, at least your cheap people wanna buy poor quality embarassments!

    • vinc dagd
      vinc dagd 14 days ago

      forbidden city, you could use a few touches. inglorius!

    • vinc dagd
      vinc dagd 14 days ago

      poor quality castles...when we hold the forbidden city...Louis’ FLAG will be hanging and velociraptors will be THE WATCHES. You, feed velociraptors!

    • vinc dagd
      vinc dagd 14 days ago

      Louis for $24B . plus another ten-wanna CONQUER CHINA just for Louis’ sake. Cook with me with the kills. I’d leave only their peaceful...

    • vinc dagd
      vinc dagd 14 days ago

      you don’t wanna be a fake Christian too! hardest to pull off!

  • Niko Aditya
    Niko Aditya 14 days ago

    LV bangkek!! Bajingan!!

  • Murodjon Mamadjonov
    Murodjon Mamadjonov 14 days ago

    $50~100

  • Rohan
    Rohan 14 days ago +1

    Gucci ad: Imma just ignore that

  • JPD
    JPD 14 days ago

    yeah, I make over $150k a year and still buy clothes at wal mart and drive a civic. I don't get people.

  • TRUCKER FOREVER
    TRUCKER FOREVER 15 days ago

    I'll spend $15 for a wallet @ Ross. 🤣🤣🤣🤣

  • Rong Tang
    Rong Tang 15 days ago

    It is a success for a brand to be seen as a status symbol. Many people need it.

  • MrManny
    MrManny 15 days ago

    You cant be buying counterfeit in their official stores. Dont bother buying anywhere else. No reason for counterfeit. Used and online low price bags are fake mostly, since the real stuff dont depreciate.

  • Angela Chua
    Angela Chua 15 days ago

    But I don’t want to work for purely for money. Never that. I just want to figure life out while having fun. But there’s no fun when others are not really having fun.

  • Angela Chua
    Angela Chua 15 days ago

    Okay I admit I am poor

  • Made Lery Suarthami
    Made Lery Suarthami 15 days ago

    C'mon it's just a bag. Nothing gonna change yourself.

  • Solar Safe Study
    Solar Safe Study 15 days ago

    what about Birkins?

  • es kurniawan
    es kurniawan 15 days ago

    lv x abloh = disgusting

  • Cat L
    Cat L 16 days ago

    20,000 dollar bag or 25.00 dollar bag....it still gets dirty and it can both be stolen.

  • Jim Pauff
    Jim Pauff 16 days ago

    Why in the world would anyone gulp down the lure of effete specialness and hemorrhage money for these friggin' things?

  • J T
    J T 16 days ago

    Check out LV customer complaints about quality and customer service. Your buying a logo not quality.

  • J T
    J T 16 days ago

    Their bags are crap... Chinese knock offs are far better made products.

  • Wampy Vermeeren
    Wampy Vermeeren 17 days ago

    Because you fools keep buying that shit

  • Uchiba Uki
    Uchiba Uki 17 days ago

    Don’t buy their products behind them are animals cruelty and slavery! Watch the documentary!

  • Russel Mohan
    Russel Mohan 17 days ago

    Because poor broke ass people with maxed out credit cards wanna look rich.

  • B D
    B D 17 days ago

    Cigarettes cost like $7 ($2555 per year). So why are you killing yourself and wasting your money when you can have a nice Louis Vuitton? Men and women with LV looks so classy on the streets.

  • Olivier Sebastian
    Olivier Sebastian 17 days ago

    Its just the brand that you buy...

  • Real Talk
    Real Talk 17 days ago

    Doesn't matter what materials or skilled workers you use, that doesn't explain the prise as $50,000+ .. impossible... Are they using human skin?

  • KrAUSerMike
    KrAUSerMike 17 days ago

    I read somewhere that some LV stores in France and Europe hire Chinese counterfeiters to make high quality fakes just so they can sell them to the Chinese tourists that flock to their stores.
    Any other customer would get a genuine product, and then when the Chinese crowds come in, they'd get a fake one from the back.
    It stated that they knew the Chinese wouldn't question it because they had bought it from a real LV store in Europe, hence why they were doing it.
    True or not, makes you question if what you're paying for is really what you're getting.

  • Matthew Jackson
    Matthew Jackson 18 days ago

    In fact, counterfeiting is the best thing that could happen for the LV brand. It's free marketing and advertising. Millions are clamoring to get your products, how brilliant. And chances are, those that own the fake stuff may one day save up and purchase the real deal. And the LV store in Paris is fabulous.

  • Green Eyed Teen
    Green Eyed Teen 18 days ago

    It is iconic. Yeah i's about how it looks but its more of how it makes u feel Whenever i wear something that makes me happy I feel pretty sexy and beautiful That's why i spend that money on just a bag It makes me feel better Of course u dont need expensive things to feel good But that is what i feel comfortable in and if u calculate All the cheap bags u buy makes more than the few luxury bags u have

  • Xavier Etienne
    Xavier Etienne 18 days ago

    I'm sure they are not very expensive to produce nor way stronger or durable. They are just a fancy brand that insecure rich people is willing to throw away their money on.

  • Volebien
    Volebien 18 days ago

    i would prefer to buy another brand or a good counterfeited one because this is pure stupidity.