What The Hell Is Happening With Polene & LVMH?

Поділитися
Вставка
  • Опубліковано 26 жов 2024

КОМЕНТАРІ • 64

  • @Handbagholic
    @Handbagholic  День тому +3

    Do you own any Polene bags? Up next, 7 Affordable Luxury Brands Defining the NEW IT Bags 👉 ua-cam.com/video/NTqrUU-i2n4/v-deo.html

    • @pbtraveler694
      @pbtraveler694 День тому

      I have a Numero Uno nano bag and love it!

    • @sofyameytus710
      @sofyameytus710 День тому

      Yes. I own 5 Polene bags. I started with the original Un in black, then bought 2 Un minis with gold chains in nude and navy blue( both colors discontinued) . Then got Neuf original in chalk and finally Tonca in Arctic blue. Impeccable quality ! Love them all .
      That is why luxury company bought their shares , it’s an admission that Polene is really is a luxury brand. I am glad that bought my bags at their initial prices and at this point not planning to buy more.
      But you never know😊❤

    • @sofyameytus710
      @sofyameytus710 День тому

      Yes. I own 5 Polene bags. I started with the original Un in black, then bought 2 Un minis with gold chains in nude and navy blue( both colors discontinued) . Then got Neuf original in chalk and finally Tonca in Arctic blue. Impeccable quality ! Love them all .
      That is why luxury company bought their shares , it’s an admission that Polene is really is a luxury brand. I am glad that bought my bags at their initial prices and at this point not planning to buy more.
      But you never know😊❤

  • @carrino15
    @carrino15 День тому +71

    We know what is going to happen. Greedy price hike, lower quality and lower innovation. Polene is gone now, buy before it is totally ruined.

    • @kellygrace1617
      @kellygrace1617 День тому +2

      That was my first thought too! I have a polene and was thinking of purchasing another, but this kinda makes me rethink that. I don't want to give more $$$ to a greedy man.

    • @mainelux5482
      @mainelux5482 День тому

      My first,too

    • @tarreemhacaruso2687
      @tarreemhacaruso2687 День тому

      @@kellygrace1617 exactly

    • @amberr.6235
      @amberr.6235 День тому

      @@carrino15 From what I’ve heard the quality has been going down since they’ve gotten more popular and that was before LVMH came in so I can’t imagine how this is going to go

    • @MonisiaChip
      @MonisiaChip 21 годину тому +1

      I think it is to late...just received tonca last week, and Polène logo crooked badly... nobody yet replied to my email. I think having a crooked logo is unacceptable at this price point.

  • @mr.ryan.nguyen
    @mr.ryan.nguyen День тому +51

    They acquired polene to captured the lower/middle income market. Since all of lvmh brands are now out of budget for most people and continue to experience sale loss, they needed something to generate sales.

    • @Handbagholic
      @Handbagholic  День тому +7

      Yes, I think we will see more of this as the more affordable / contemporary market grows and super high end slows down

    • @tarreemhacaruso2687
      @tarreemhacaruso2687 День тому

      They have a habit of raising prices to astronomical amounts so I trust them NOT.

  • @maisy4675
    @maisy4675 День тому +35

    Well there goes another brand ..

    • @amberr.6235
      @amberr.6235 День тому +1

      Unfortunately I’ve heard Polene’s quality has been going down since their popularity grew and that was before LVMH came in so I can’t imagine how this is going to go

  • @pepperpaige203
    @pepperpaige203 День тому +29

    So prices will skyrocket and quality will go down.

    • @Handbagholic
      @Handbagholic  День тому +1

      I guess time will tell! Hopefully not :(

    • @kellygrace1617
      @kellygrace1617 День тому +1

      Thought the same thing!

    • @murtila4456
      @murtila4456 День тому

      It already has.

    • @amberr.6235
      @amberr.6235 День тому

      Since they’ve gotten popular Polene has already had price increases and a decline in quality unfortunately

  • @pattywilliams788
    @pattywilliams788 День тому +11

    High end fashion brands (or huge corporations for consumables in general) have taken notice of smaller and more niche brands that are popular with the masses; this is especially so with the ones that have great quality and affordability. They swoop in and buy or take over these beloved brands and precede to change what makes them special. I know this video is about LVMH in particular. However, I know this phenomenon covers categories where money and greed come into play. If I may write a novel, Steph, I am a black woman and my demographic waited for years and years to find brands that cater to us where hair products and makeup, etc. are concerned. Some of the quality and affordable brands have been taken over and changed to maximize profit and reduce quality. They soon became just like every other over the counter product and stop being what made them special. It’s really sad. I hope Polene doesn’t allow their control to be taken away from them. That would be a real shame.

  • @shelbyruyle
    @shelbyruyle День тому +8

    Chinese demand has collapsed and LVMH needs to find growth somewhere. Seems reasonable they would acquire lower cost brands.

  • @JackieSussan
    @JackieSussan День тому +6

    Polene has already hiked up their prices. This will only get worse and it will no longer be affirdable for the rest of us mortals that dont have millions to invest in luxury handbags

  • @Monika-kc8vv
    @Monika-kc8vv 17 годин тому +2

    I have several Poléne bags. No, I will not buy any further bag from them, just because the reason of having the wolf in the background.
    There are many other midrange affordable bags on the market in which I shall invest.
    The race for high end designer bags is becoming silly and rather pathetic.
    Great video, thanks and have a great weekend 🎃

  • @mansoor3159
    @mansoor3159 День тому +3

    Steph your videos are genuinely fantastic and whenever you posts a new video it's makes me so so happy and May God Bless You Always💖💖😀

    • @Handbagholic
      @Handbagholic  День тому

      Thank you as always Mansoor! Hope you're safe and well

  • @tinaredecha8732
    @tinaredecha8732 14 годин тому +2

    Yes, polene prices will surely increase. Yes, I’m ordering one in the next week!

  • @user-gr7jo9qb3l
    @user-gr7jo9qb3l День тому +3

    They made Loewe ugly w their huge logo straps. Glad I got Strathberry before they maul that too

  • @karyannfontaine8757
    @karyannfontaine8757 День тому +3

    That means the Polene quality will go way down and Prices will increase tremendously. I will not buy although I loved the brand before LVMH tainted it.

  • @baddcheeta.
    @baddcheeta. День тому +2

    The wolf is out for blooddddd.. currently scrolling through Polene’s website before the prices quadruple 😖

  • @GailKuzyszyn
    @GailKuzyszyn День тому +1

    I bought a black leather and suede Polene bag in 2019 and it is high time for me to bring it out and use it. Here's hoping their prices won't skyrocket.

    • @amberr.6235
      @amberr.6235 День тому

      They’ve already had price increases and a decline in quality unfortunately

  • @selinehermes
    @selinehermes День тому

    Unique in the fashion industry with its outstanding quality and unique style

  • @NashvilleFrank
    @NashvilleFrank День тому +1

    This LVMH investment group bought Bicester Village a few months ago. How will that work? Great vids always!

  • @ronnieb895
    @ronnieb895 День тому

    Hi Steph great content. Thanks for sharing❤ Greatly appreciated!

  • @chaiwellness
    @chaiwellness День тому +1

    Interesting! With respect to pronounciation: Bernard = Burr-nard (nard is pronounced like yard). Arnault = argh/r/are-know. H = aitch. Hope that helps!

  • @tininaparker6588
    @tininaparker6588 День тому

    I have wanted a Polene bag for a while now. This news makes me feel pretty certain the prices will go up.

  • @nbash6396
    @nbash6396 День тому +1

    OMG... I need to buy a Polene. I actually been shopping at Fashionphile that you recommended

    • @Handbagholic
      @Handbagholic  День тому

      Oh nice, which pieces on Fashionphile are you loving? That website is so addictive haha

  • @debbiebartlett2902
    @debbiebartlett2902 День тому +1

    I wish I could afford a Polene Handbag. 😢

  • @Indiana_Girl757
    @Indiana_Girl757 День тому +5

    Thumbs done because LVMH and not you!!!

    • @Handbagholic
      @Handbagholic  День тому

      haha, one day! Not sure I fancy taking Bernard on :D

  • @TheMomLifee
    @TheMomLifee День тому +2

    Oh no! I should have bought my second Polene bag right after my first in 2020!

    • @amberr.6235
      @amberr.6235 День тому

      Especially since they’ve had price increases and a decline in quality

  • @ellenmerkle940
    @ellenmerkle940 День тому +2

    Didn’t they have a quality problem about a year ago?

  • @somethinelse0930
    @somethinelse0930 День тому +1

    Well, I guess I will get me another Polene before another price hike.

  • @corettaburrowes9559
    @corettaburrowes9559 День тому

    So to answer all three questions is no, yes and it's only a matter of time x

  • @mwedzi
    @mwedzi День тому

    I have one Polene, the full size Neuf. That's the only one I really want, though the Mokki is kind of appealing to me. Trying not to buy something I don't really want because of FOMO ...

  • @kdgeckoknits274
    @kdgeckoknits274 День тому +1

    Affordable price point equals lower quality materials and less attention to detail. I have never been a fan of Polene. I find their handbags too trendy, which means customers will be encouraged to purchase new bags every season, just like high-end luxury brands. Polene will do whatever favors their financial bottom line. Can't blame them. This is business. But, as I said, I'm no fan of Polene, so none of this makes any difference to me personally.

  • @bsluxeplusaustralia378
    @bsluxeplusaustralia378 День тому

    Owe no. I think they will hike up prices. 😢 I love LV AND I LOVE POLENE. but I don't want more increases. I hope I'm wrong.

  • @vl5562
    @vl5562 22 години тому

    Hopefully LVMH don’t start make Polene bags in USA. I have been so many LV bags that made in the USA got all kind of issues. Sadly.

  • @anonymousanonymous-u9f
    @anonymousanonymous-u9f День тому +1

    I thought it was a minority interest? It’s hard to resist to become a multimillionaire by selling their business. LVMH did it to stop that anti luxury bag movement. LVMH can totally destroy Polene. It’s pocket change even if Polene failed miserably.

    • @Handbagholic
      @Handbagholic  День тому

      Hiya, yes it's a minority this is what was shared in the video. It'll be interesting to see what they do

  • @adrianabaytalo5241
    @adrianabaytalo5241 15 годин тому

    Now I don't care at all the Poléne bags are very bad finished the the seams are a mess 😅

  • @Potter_Mischief
    @Potter_Mischief День тому

    Of course being merged they eventually will lose their affordability and quality, has happened to all of the other brands they have under their wing. Is just gonna be another one. That’s the way I see it. I do not have one of their bags but I’ve seen how hipped it has become and surely that’s what’s gonna happen. 🤷🏻‍♀️

  • @Lynwen10
    @Lynwen10 День тому +2

    The correct pronunciation of h is aitch.

  • @olenaz8624
    @olenaz8624 20 годин тому

    Oh no

  • @kayleigh3310
    @kayleigh3310 День тому

    The Polene Family saw a great deal and capitalized on it

    • @Handbagholic
      @Handbagholic  День тому +1

      Yeah for sure. It seems like they were in need of investment to scale, it looks like they are planning lots more physical stores

  • @albertmyers7176
    @albertmyers7176 15 годин тому

    ❤❤❤❤❤😎😎😎😎😎

  • @mr.ryan.nguyen
    @mr.ryan.nguyen День тому +2

    First 🎉