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Fast fashion leads to environmental problems
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Some luxury goods foundries oppress workers
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Manufacturing workshops of advertised luxury brands
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Celebrity/idol Advertisement Endorsement Fee
https://www.xgccm.com/star/endorse?orderby=2
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Dreams in Advertising vs Reality in the Factory.
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Ultra-high profits for luxury goods
www.youtube.com/watch?v=pfMob78e6Pw&t=4s
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According to his calculations, customers pay a mark-up of 10 times or more on a luxury leather bag, excluding other expenses typically borne by manufacturers.
One of them estimated that gross margins on luxury purses are typically around 80 or 85 per cent, rather than the 90 per cent calculated by Leatherstein.
https://www.ft.com/content/0ac15868-69ac-4e37-bbef-e3c5d40e8f55
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This means that for a bag priced at €1,000, Louis Vuitton's production costs are around €350. After deducting rent and marketing costs, Louis Vuitton will make a profit of around €270 from the bag.
https://www.thebusinessof.co/archive/lvmh-what-are-their-costs
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The map shows the long established structure of affluent Londoners clustered in Inner and West London, with radial corridors extending South West and North West through historic wealthy areas such as Richmond and Hampstead.
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