Luxury Brands sew in China for $10 and sell for $10,000? What are they hiding?

What if a luxury handbag that sells for thousands of dollars costs only a fraction of that to produce? You’ve probably heard the claim: luxury brands make products for $10 and sell them for $10,000. But how much of it is actually true? Behind the glamorous boutiques, famous logos, and unbelievable price tags is a global supply chain involving factories, contractors, China, Italy, Romania, France, and many other countries. In this video, we uncover how luxury products are really made, why “Made in Italy” can be more complicated than it sounds, and how brands can charge thousands of dollars for products whose direct manufacturing cost may be far lower. We’ll look at controversies involving major luxury names such as Dior, Louis Vuitton, Balenciaga and Armani — and discover what customers are really paying for. Is it craftsmanship? Quality? Exclusivity? Or simply the power of a brand name? And the biggest question: If a product costs hundreds of dollars to make but sells for $10,000… How much are you actually paying for the product? And how much are you paying for the name? Watch until the end. This is Rise & Fall — the stories behind the world's biggest brands. Subscribe for more stories about how powerful companies rise, dominate… and sometimes fall. #Luxury #Fashion #Business #RiseAndFall