I agree that luxury landscape is changing, and it seems like the scandals we are seeing are intensifying… Dior story really shocked me
@SavvyLuxurywithLiza
Ай бұрын
I agree, Dior came as a surprise to me... I am waiting to see what the investigation concludes!
@carrino15
Ай бұрын
It doesnt matter what investigation says. Dior use sub contractor to avoid responsibility for illegal activities as long as the risk justify profit for the company. That is why Dior now is associated with suffering, pain and cruel exploitation for me and it is a far cry from being perceived as luxury
@everetteclark7975
Ай бұрын
I have seen those videos, everyone is jumping on thay band wagon with their opinion, saying luxury is dead, it's refreshing to see the market isn't going anywhere and you actually backed it up with facts. Thanks for that.
@SavvyLuxurywithLiza
Ай бұрын
Thank you, means a lot! I might do another video or two on the topic, so stay tuned :)))
@MavonEast
Ай бұрын
For most people I know a cookout with family is a luxury. People are done watching influencers waste thousands of dollars on shoes, bags and beaches.
@SavvyLuxurywithLiza
Ай бұрын
I also think a cookout with family is a luxury. I think one does not preclude the other.
@MadamoftheCatHouse
Ай бұрын
If they have that kind of money and stay within their budget then why not? I cannot afford that stuff but I get to enjoy it by proxy. Win win.
@streetmoney21
Ай бұрын
😂 these people don’t have anymore money to get fleeced. You’re not buying luxury, that’s the fantasy being sold to you. The real luxury items are simply way too expensive and out of reach even if you try to use a credit card. Not one of these influencers has posted a video of the $60,000 backpack Gucci is currently selling 😂. Because they are not wealthy period. They’re purchasing upscale items that anyone can buy with a credit card so you can’t say that’s luxury.
@MavonEast
Ай бұрын
Tbh buying anything is a luxury for some people. I'm not always able to mange groceries and I will be thinking that extra block of cheese is "a luxury I can't afford." 😂
@SavvyLuxurywithLiza
Ай бұрын
This all perhaps depends on your definition of luxury and the monetary threshold you choose to apply to it. If the threshold is indeed 60K, in that case, indeed, most designer purchases would not qualify. I do not think that there is one common definition though, and the term can cover a variety of price points and retailers.
@rbobtonka
Ай бұрын
I don't think your not seeing the picture the luxury brands are out pricing their core customer. The Ultra rich don't but seasonal items they invest in timeless classics. So if they continue to rise prices they will fall.
@SavvyLuxurywithLiza
Ай бұрын
That's a great point, actually. I agree with you - I just did some reading too, and there is a strong argument that the projected growth of the luxury market is mostly due to the price increases (as opposed to an increase in sales). I might actually do a video on this. Thank you for the idea!
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