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girls and their accessories 2 September 5, 2007

Posted by Bradley in : Uncategorized , trackback

I have been watching the expensive handbag phenomenon for a while now. Today at Concurring Opinions Frank Pasquale discusses a Louis Vuitton “patch bag” which retails for some amount over $40,000 (sources seem to vary in the cost they report). Commentators have suggested it is not the most attractive handbag. But as Louis Vuitton only made 24 of them, we’re unlikely to be able to rent one of these, let alone the Chanel bags which will sell for over $250,000…..
From a marketing perspective it may be that stories about such bags make cheaper (but still expensive) bags seem more reasonable in price. But wouldn’t there be more useful ways to spend this money?


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