Why 10 Luxury Clothes and Accessories Are So Expensive So Expensive Insider Business

It's no secret that luxury clothing and accessories command a high price tag, but the reasons for why fashion items have a high cost can vary. For something like Stetson cowboy hats, it can be a combination of choice materials plus the cultural significance of the brand with celebrity endorsements like Beyonce and Dua Lipa. For others, brands create a business strategy based on limited supply and rarity, like Supreme drops and the Air Jordan resale market. Still other luxury prices boil down to the time-intensive methods used to create something like a single pair of Momotaro denim pants in Kojima, Japan. We take a journey across the globe to see how some of the most expensive luxury fashion items are made, and why they're so expensive.

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