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Chanel bags in Korea: 5.7 million won
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World Traveler



Joined: 29 May 2009

PostPosted: Tue Jan 22, 2013 8:24 pm    Post subject: Reply with quote

Hermes Can't Keep Up with Demand for Birkin Bag
Quote:
Over 1,000 people in Korea are on the waiting list for Hermes' Birkin bag, which comes with a price tag in excess of W10 million (US$1=W1,063) here.

http://english.chosun.com/site/data/html_dir/2011/09/02/2011090200926.html
Quote:
Demand for luxury brands in Korea exceeds that of developed countries where incomes are far higher.
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Squire



Joined: 26 Sep 2010
Location: Jeollanam-do

PostPosted: Tue Jan 22, 2013 8:57 pm    Post subject: Reply with quote

I love hearing things like Chanel raising the prices of their bags. Good. A fool and his money are easily parted.
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edwardcatflap



Joined: 22 Mar 2009

PostPosted: Tue Jan 22, 2013 9:02 pm    Post subject: Reply with quote

Quote:
I love hearing things like Chanel raising the prices of their bags. Good. A fool and his money are easily parted.


Yes me too. I liked the recent fact that the UK national lottery increased their prices to 2 pound a ticket. Tax on stupidity is the best method in my opinion. They know full well what the odds are, yet they continue to buy. Just as they know how much they're being ripped off but continue to buy.
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