Honestly, the whole luxury goods market kinda baffles me sometimes. You see these brands like Bottega Veneta – valued at almost 5 billion euros, right? – and you think, “Wow, they must be doing something right.” But then you start digging around, and you see words like “outlet prices” and “deals” and… well, suddenly it doesn’t feel quite so exclusive anymore, does it?
I mean, logically, if Bottega Veneta is selling bags and stuff at THE OUTNET (I didn’t even KNOW that was a thing, tbh) that suggests… they have too much stuff. Overrun stock. And it makes you wonder *why*.
Is it that they overestimated demand? Did they produce too much of a specific style that flopped? Are they trying to clear out old inventory to make way for new collections? All these questions are popping up in my head. Maybe it’s because the economy is, uh, not so great right now. People are probably less willing to drop a small fortune on a woven leather handbag when they’re worried about, you know, rent and groceries. Just saying.
And speaking of handbags… I saw something about a “Small Andiamo Fondant” going for like, 630,100 yen (that’s roughly $4,200 USD, *sheesh*). If they’re having to discount stuff already, how long before that price starts dropping too? It’s kinda like a ticking time bomb of luxury deflation, if you think about it.
Plus, the whole “sustainable” thing Kering (the company that owns Bottega Veneta, apparently) is pushing? I’m not entirely buying it. Like, if you’re constantly churning out new collections and then dumping the old ones at outlet prices, how sustainable is that *really*? Seems kinda contradictory, no? Maybe I’m just cynical.
Okay, okay, so maybe I’m not a fashion expert. Maybe I’m just some random person rambling on the internet. But it just strikes me as a bit…off. This whole “overrun stock” situation. It’s like a secret they don’t *really* want you to know. They want you to think of Bottega Veneta as this uber-exclusive, super-luxurious brand, and then, behind the scenes, they’re quietly shuffling product out the back door at discounted prices. It kinda diminishes the allure, doesn’t it?