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Very rare known that the price labeled in a luxury goods could be ten times higher than its original cost. A Louis Vuitton canvas bag with the price of $900, actually used the cost of about $80. But why there are still people pursuit the luxury goods? The reasons are a lot.

Firstly, luxury usually come with the high quality. Then, the improvement in living standard. As people become wealthier, they are willing to buy more and more luxury. Finally, people’s vanity. The goods is able to give people confidence by showing the “status symbols”, to some extent. Also those labels are bot only sell the goods but the services for the customers.

Customers, most of whom are from the mainland, line up outside an LV store in Hong Kong. (China Daily)

 

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