US EditionChina trolls America with ‘Made in US’ luxury goods actually from their factories: ‘Welcome to the real world’
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6 Articles
China trolls America with ‘Made in US’ luxury goods actually from their factories: ‘Welcome to the real world’
One luxury handbag maker attempted to shatter the illusion in a TikTok video that has exploded online. He claims an unfathomable amount of the coveted fashion pieces pushed by brands, hocked by celebrities plastered on billboards across the developed world, are actually produced in China at a fraction of their retail prices.
The trade war between China and the US is powerful thanks to the 125 percent tariffs Trump put on the Asian country, which in addition to responding with 84 percent tariffs, is ‘throwing the event’ to the luxury brands that are marketed in the United States.You've heard of the exorbitant prices that have different luxury accessories, such as José Eduardo Derbez's Balenciaga lenses or the Miu Miu dress from Altagracia Gómez; although in this case…
The owners of European luxury goods companies Louis Vuitton and Gucci are facing business difficulties in China due to the trade war between Beijing and Washington and falling prices in the Chinese real estate market.
For years we swallowed the whole story. That if the artisan heritage, that if the family workshops in Tuscany, that if the skin tanned by hand by monks blessed by the pope. Ok, I exaggerate. But the truth is that marks like Louis Vuitton, Gucci or Dior managed to convince us that their products were worth what they cost because they were works of art. And yes, they were. For a while. But then it happened what always happens when capitalism gets …
The owners of European luxury goods companies Louis Vuitton and Gucci are facing business difficulties in China.
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