Do a caption for this podcast description: In the glamorous world of high-end fashion, luxury bags from brands like Dior, Louis Vuitton, and Chanel are seen as the ultimate status symbols. They are coveted for their elegance, craftsmanship, and the prestige they bestow upon their owners. However, behind the shimmering facades and eye-watering price tags lies a less glamorous reality: the surprisingly low cost of production. Despite their retail prices often soaring into the thousands, the actual cost to produce these luxury bags is a fraction of the selling price. Industry insiders estimate that the production costs for a typical high-end luxury bag range between $200 and $500. This stark contrast raises questions about what consumers are truly paying for when they purchase these items.