The designs of designer jewelry from LV, and my favorite, Chanel, can honestly be copied for near nothing using craft store items. I've made a "Chanel-inspired" necklace for myself that looks VERY similar to the $1000+ version, but the cost was less than $10 and took 1/2 hour to make. Cute and beautiful designs, just overpriced to me, after making my own jewelry for 10+ years.
The LV bags, however, are amazing.