Quick Answer: What Makes Louis Vuitton So Expensive?

What is so special about Louis Vuitton?

Louis Vuitton opened his first store in 1854; he began making handbags after the 1892 World’s Fair.

LV bags are waterproof and fireproof.

Canvas is used for waterproofing and PVC is used to fireproof the bags.

This is one of the reasons why LV bags are so expensive..

Is Coach or Kate Spade better?

Coach is considered a more luxury brand than Kate Spade. Similar to Michael Kors about 10 years ago, Kate Spade tried to broaden out to appeal to a wider range of consumers, they still have very high end expensive products, but also have more budget friendly products.

Why is Louis Vuitton more expensive than Gucci?

Louis Vuitton bag is generally expensive because they use a little better material than Gucci. They use expensive metals and leathers when they are compared with other Brands such as Burberry and Gucci. If you maintain a Louis Vuitton bag it will hold its value.

The 10 Most Popular Louis Vuitton Bags of All TimeLouis Vuitton Speedy. The Louis Vuitton Speedy bag is one of the house’s most iconic styles. … Louis Vuitton Alma. … Louis Vuitton Neverfull. … Louis Vuitton Twist. … Louis Vuitton Petite Boite Chapeau. … Louis Vuitton Looping Bag. … Louis Vuitton Pochette Accessoires Bag. … Louis Vuitton Capucines Bag.More items…•

Why does Louis Vuitton burn unsold bags?

Louis Vuitton burns bags to remain scarce This is far from what Louis Vuitton wants. Louis Vuitton needs to remain rare and desirable. Therefore, instead of going for discounts, the brand burns the unsold pieces.

What is the cheapest bag at Louis Vuitton?

LOUIS VUITTON LV’s most affordable bags are their classic logo styles. The Pouchette Accessories is $500 in the monogram canvas. Their second most inexpensive bag is the Speedy 25 also in the monogram canvas, priced at $1,050.

Do Louis Vuitton bags increase in value?

The Neverfull is one of Louis Vuitton’s all-time most successful bags that come in endless options of materials as well as limited editions and special artist collaborations. … It retains at least 85% of its resale value, unless it’s a rare limited-edition bag, which can see upward of double the resale value.”

Do LV employees get discount?

20% employee discount is nothing.

Who is more expensive Gucci or Louis Vuitton?

A Comparison Between Gucci and Louis Vuitton Bags. LV bags are usually priced a little higher than Gucci’s and are often best for a more formal occasion whereas Guccis’s bags offer a younger street style and an overall slightly lower price range.

What is the most expensive item at Louis Vuitton?

Louis Vuitton Unveils Its Most Expensive Bag Yet The iconic brand just debuted its most expensive handbag ever—a crocodile-skin City Steamer satchel, complete with engraved padlock, and name-tag, with a price tag of $55,500 for those who’ve been extra nice this year.

Is it cheaper to buy a Louis Vuitton in Paris?

The short answer is yes, Louis Vuitton handbags are cheaper in Paris and Europe.

Is Louis Vuitton worth the money?

The quality, the craftsmanship, the resale value and other big benefits add up to the conclusion that a Louis Vuitton bag is an investment for life. If you’re still not sure if you should buy one: we’ve listed the reasons why you definitely should! One thing that’s for sure, is that Louis Vuitton bags are durable.

Does LV bags ever go on sale?

Louis Vuitton never has sales and its products are exclusively sold in Louis Vuitton stores, the Louis Vuitton official website www.louisvuitton.com and through www.24s.com*.

Is Gucci better than LV?

Gucci has certainly gained popularity in the last few years, but Louis Vuitton is the more established of the two brands. … Gucci isn’t a bad option, but LV bag value is higher. There is a reason why they are so popular in nearly every corner of the world. When looking at LV vs Gucci bags, Louis Vuitton wins the battle.

How can you tell if Louis Vuitton is real?

How to Tell a Real Louis Vuitton From a FakeExamine the Shape, Proportions and Posture. When you purchase a luxury bag like a Louis Vuitton, you are paying for top-notch quality. … Look Closely at the Stitching Quality and Pattern: … Check the Material, Hardware and Build Quality: … Inspect the Stamping, Shape and Size of the Font: … Make Sure the Date Code is Correct: