Originally Posted by Bam!ChairDance
1. I know several folks have pointed out coats that cost less than the w+h, but other mid-tier brands like acne and r&b have a handful of coats that are even more expensive
2. The industry standard is a little grimmer than you think. Check out this article
from Business of Fashion:
Currently on luxury e-tailer Net-a-Porter, there are more than 100 pairs of shoes priced over $1,000. (Two pairs of sparkly Christian Louboutins exceed $6,000.) And the price of Chanel’s famous 2.55 bag now rivals that of an Hermès Kelly. That is, an Hermès Kelly a decade ago. In the US market, the famous bag, which in the year 2000 started at $4,800, now starts at $7,600.
A nearly 60 percent price increase may seem excessive — especially when compared to the US Consumer Price Index (a measure of the price level of consumer goods, published by the US Bureau of Labor Statistics), which has increased by 27 percent over the past decade — but it’s typical in the luxury fashion category.
Indeed, in recent years, prices of luxury fashion products have grown at more than twice the rate of general inflation. In 2003, Carrie Bradshaw’s famous Manolo Blahniks cost $485. Exactly ten years later, the same style is $755, a 56 percent increase. (And several pairs of current season Manolos cost well above $1,000.) Ready-to-wear-dresses in the $10,000 and up range barely existed 10 years ago. Now they’re commonplace. In fact, popular luxury fashion e-commerce site Luisa Via Roma is currently selling a Fausto Puglisi embroidered tartan skirt for over $10,000 and a leather-and-bouclé Fendi dress for more than $13,000.
(1) w+h isn't manolo blahnik...nor margiela, nor rick...it's not a 'fashion' brand.
(2) even a 56% price increase on manolo over the course of 5 years equates a ~10% yearly increase, not 20+% increase on a mid tier brand like w+h
bed time...holla, ngas