Many people think that luxury brandsare made betterthan other brands, but they aren’t always right.
Louis Vuitton
Has there ever been a more iconic or overrated luxury brand than Louis Vuitton?
With a high sticker price, these bags are well-known as an indicator of wealth.
But what are they really worth beyond signalling affluence?
The markup on Louis Vuitton purses is ridiculous.
A spokesperson for the company claimed this estimate was inaccurate, but declined to reveal the real production costs.
If that sounds fishy, that’s because it is.
Montblanc
Luxury brands aren’t limited just to clothing, jewelry, shoes, and bags.
That’s right, there are even luxury brands for alcohol.
While it might be tempting to indulge in a bottle of Veuve Clicquot, do you really need to?
It turns out that you might safely back up your money without sacrificing quality.
In a blind taste test conducted byWhich?, Veuve Clicquot lost tofar more affordable sparkling wines.
Other jewelers sell quality goods without the steep prices.
In case you haven’t heard the news yet, the diamond industry isa massive scam.
First of all, diamonds are nowhere near as rare as we have been led to believe.
There are other gemstones, like rubies, which are in far shorter supply.
They’re not even a sound investment, thanks to fluctuating values.
It turns out that diamonds actuallyaren’ta girl’s best friend, no matter what celebritieswould have us believe.
Rolex
Rolex is another prime example of an overhyped luxury brand.
While the brand is beloved, itsoverwhelming popularityas a status symbol is a fairly recent development.
If you want an elegant and timeless watch, look to Rolex’s prime competitor,Omega.
Like Rolex, Omega has producedSwiss-made watchesfor decades and is widely recognized as a luxury watch brand.
They also tend to be cheaper, so you’ll be getting a much better bargain.
Louboutin
Louboutin sellsmore than half a million pairs of shoes each yearat outrageously high prices.
Those red-soled shoes might be iconic, but they’re definitely not worth the costor the pain.
“People say I am the king of painful shoes,” the designer toldVogue.
I’m not against them, but comfort is not my focus."
Mikimoto
If you love pearls, you’re probably familiar with this luxury brand.
According toBusiness Insider,the brand’s overexposureled to a huge decline in sales.
For example, there is absolutely no world in whicha $170 paperclipcan be worth the cost.
Porsche
Porsche is one of those names that makes people stop in their tracks.
This means that buying a Porsche might cost you evenmorethan the already inflated sticker price.
Versace
Once upon a time, Versace wasthebrand to beat.
Nothing screamed sophistication and class louder than clothes and accessories from this once-timeless brand.
Of course, things have changed quite a bit since company founderGianni Versacelaunched his first clothing line in 1978.
It doesn’t matter if you’re buying a designer pair or some cheap shades from the drugstore.
In all likelihood, your sunglasses were made by the same company:Luxottica.
They also make frames for optical glasses, although they don’t make prescription lenses.
Luxottica makes sunglasses for brands like Chanel, Polo, Tiffany, Coach, and Ray-Ban.
He explained, “To create a single bag, it costs around 15 to 20 hours.”
SMEG
There’s no denying that SMEG appliances are gorgeous.
That’s not the worst when it comes to SMEG, though.
The brand paired up with Dolce & Gabbana to produce some beautifully designed appliances with astonishingly high price tags.
ADolce Gabbana x SMEG electric tea kettlewill set you back a cool $650.
That’s a lot of money for an appliance that only heats up water.
