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2023-11-11 07:16:07
Pharrell Williams' Million Pound Louis Vuitton Handbag Sparks Controversy
In the extravagant realm of high-end fashion, where handbags fetch hefty sums, Louis Vuitton's new showstopper accessory carries an eye-watering price. The Millionaire Speedy bag, priced at ÂŁ800,000, stands true to its moniker.
Straying from the year's subtle luxury fashion, this vibrantly hued bag shouts opulence. Available only via custom orders in a spectrum of colors like yellow, blue, red, green, and brown, this popular silhouette is crafted from crocodile leather and adorned with gold and diamond hardware, flaunting a plethora of logos.
35th Annual Pollstar Awards Nominees Revealed, Public Voting CommencesThe bag is the brainstorm of Pharrell Williams, musician, entrepreneur, and Louis Vuitton's creative director since February. He was seen with the bag during the Paris fashion week. American basketball player PJ Tucker shared an Instagram post revealing the bag's availability for purchase.
Targeted at the elite 1%, the Millionaire Speedy is an epitome of overt opulence. But even those with deep pockets must await an exclusive invitation, as it is rumored to be sold only to select Louis Vuitton clients.
Criticism of the Million Pound Handbag
Fashion opinions vary widely, but this particular handbag has not escaped scrutiny. "In a world full of horrors, a sunshine yellow million-pound bag doesn't shine, it hurts," remarks Orsola de Castro, co-founder of Estethica and Fashion Revolution.
Shadow Legends Introduces New Champion Pass Unlocking Exclusive In-Game RewardsEchoing the sentiment, fashion identity commentator Caryn Franklin states, "The million-pound bag with exotic leather, gold hardware, and diamonds is both a brand gimmick and an insensitive showcase of privilege. It's not cool in 2023."
Pharrell recently received an invitation from a Peta US senior vice-president to visit a crocodile farm, as high-end brands' use of exotic skins increasingly faces backlash—especially with many designers now rejecting fur.
This controversy emerges amid broader discussions on luxury fashion's pricing dynamics, striking a balance between accessibility and aspiration. Similarly, the debate on pricing was prominent when Phoebe Philo, ex-CĂ©line designer, launched her new collection, with prices ranging from ÂŁ9,600 for a shearling coat to ÂŁ4,960 for a large bag.
Revealing Nathan's Secret: Inside the Climactic To summarise everything of 'Upload' Season 3On average, luxury prices have surged by 25% since 2019, as noted by data company Edited.
De Castro promotes a new luxury definition focusing on goods that are "100% traceable and transparent in cost," empowering those who create them. She argues that genuine luxury might be as rare as "a major fashion brand paying a living wage."
"Go ahead, use your money for those fancy identity markers," Franklin advises, "but choose items with purpose and ethics in mind." She spotlights Elvis and Kresse’s reaction to the Millionaire Speedy—an eco-friendly million-pound bag crafted from recycled materials, with entire proceeds donated to charity—calling it a truly impactful statement.
Joe Manganiello Spotted on Romantic Florence Walk with Caitlin O'Connor, Lovingly Carrying Dog Bubbles"If we're going to set a price meant to grab headlines, why not do it for the right causes?" questions the website.
Other Luxury Bags on the Market
The Birkin Bag:
A symbol of deluxe accessories, the Hermès Birkin, named after Jane Birkin, usually starts at around £4,000. Rarity can push the price of certain editions even higher.
The Arlo Bag:
Made from "polished alligator," this luxury item from The Row carries a price of ÂŁ21,488. The Row is a label that epitomizes understated luxury.
Mick Jagger Joins England Cricket Team in Kolkata Before World Cup Showdown Against PakistanThe classic Chanel:
The iconic “flap” bags from Chanel work as a quintessential luxury handbag image, with lambskin versions costing around £7,200. And these prices are subject to frequent increases; in fact, Chanel just raised them by 8% this past March.
If you would like to know other articles similar to Pharrell Williams Faces Backlash Over $1 Million Louis Vuitton Handbag Purchase updated this year 2024 you can visit the category Entertainment news.
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