Unveiling the Reality of Luxury Items | Truth About Luxury Fashion

Unveiling the Reality of Luxury Items | Truth About Luxury Fashion
In this video, we're uncovering the truth about luxury fashion items. Find out what really goes into creating luxury products and the reality behind the glamour.
Luxury fashion has been around since the birth of mass production in the late 19th century, but today it is defined as products that cost more than $1,000 per unit (US dollars). Luxury fashion includes designer labels, high-end stores, and exclusive brands.
A July 2008 study revealed that blacks spend more on luxury items (clothes, cars, jewelry) than their white counterparts. Indeed, the study's authors found that even though blacks often have fewer means, they spend 28 percent more on those types of goods. On average, blacks will outspend whites by $1,900.
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[@julionomeara8803]

Hi, I wasn't shocked by your numbers on our people and spending. I work in retail and every day see the lines for Polo filled with us without a doubt while our counterparts head to lower competitors. It's a mind thing to own a luxury or higher end item just because of the name. They can buy it too just like any celebrity. We have something in common way of thinking.😊