No, Prada bags are made in Italy, and when they started with the microfiber, it was a cutting edge fabric. I don't own one, and I wouldn't pay those prices, but they do last.
Is LV any different than anyone else? Chloe kept raising their prices just because they could ($1,500+ for the Paddington), Kooba shifted production from Italy to China while DOUBLING their usual prices,
Coach is all Chinese made with very high prices, ditto for D&B, Dior and
Gucci both use lots of fabric in their bags, and the Michael Kors bag I saw with a retaiil price of nearly $400 was made in China. Considering that some of the LVs start in the $400 range and are made in Europe or the U.S., they're looking like a bargain in comparison. Leather? Sorry, but it's just not as expensive as people think it is.
Please don't misunderstand me, I NEVER said a handbag was a great investment. In fact, they're a great way to lose money, and that goes for someone who owns 50 $50 handbags, 10 Coaches or two LVs. If you have $2,000 "invested" in two expensive bags, and you sell them for $600 each, you've lost $800. Unless you really got that much use out of them, just add that on to the cost of the next bag(s) you purchase. Before you know it, that $1,000 purse really cost you $3,000.
What I have said here and in other posts is that LV is an extremely well known luxury house, it always has been, and depending on what line you pick, you can bet the item will last. It will most likely be a classic that you can pull out of your closet years from now, and it will still work. If it needs a repair, LV will be right there ready to do their job. VERY few companies will back their product the way they do. When I sold designer handbags, only LV had it set up in the store to take in repairs. Everyone else was referred to a third party.
If you're not interested in trendy items, delicate materials like lambskin or other easily-scratched leathers, or light colors that stain quickly....then an item like an LV Mono/Damier bag will outlast anything the other guys can throw at them.
TheImportersWife said:
Prada: the cost to manufacture those bags does not equate to what they sell them for and I wouldn't be surprised if their nylon line was being manufactured and/or assembled in China.
LV: Again, I don't believe the cost of their materials and manufacturing warrants their retail price. The markup on those bags is so they can pay for all their marketing.
That's not to say that the Prada and LV bags aren't better made, but Guess isn't charging $600 for a bag. And of course there's still a markup on Guess bags with the intentions of marking the bag down at some point and still making a decent profit.
I can't say I'm a believer in buying handbags as investment pieces (how many people actually turn a profit on a used handbag that they paid retail for?) and I don't believe anybody buys a $100 handbag with that intention.