Monday, June 8, 2009
In the News: Luxury the new McDonald’s
We are all very aware that we pay mark up on our designer handbags, and if you are not aware, get out from under that rock. I love designer handbags, obviously, but sometimes even I gasp at the price tags. If you ever shop with me you may see me peering at price tags and my face becoming flush and then I walk off and browse more. That is from the price tag, the exorbitant price tag. But I keep on buying and I keep on sharing with all of you the next hot handbags and those that are not. The writer of Deluxe: How Luxury Lost Its Lustre, Dana Thomas, compared Louis Vuitton to McDonald’s, being recognizable as the golden arches with no pizazz from the chairman of Louis Vuitton, Bernard Arnault.
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