The cost of 20 thousand LV bags is less than 400 yuan. The cost of Gucci handbags is 24 euros?

How much is the cost of Fake fashion luxury bags that cost tens of thousands of dollars? An Italian television station has revealed that the cost of assembling a 1,000-euro handbag from an old luxury Gucci is only 24 euros. The 20 thousand LV package costs less than 400 yuan. Is that really true? Let's take a look!
A few days ago, an Italian television station revealed that the cost of assembling a 1,000-euro handbag from Gucci, an old luxury item, was only 24 euros. "Some kind of LV bag with a counter price of about 20,000 yuan, and the cost of mass production is about 200 yuan."
The cost of Fake Cheap Gucci Handbags is 24 euros. Italian TV station Rai3 reported in its Report that Gucci used cheap Chinese workers at a factory in the Italian town of Candice, Florence, for up to 16 hours a day and had no rest on Saturdays. Aroldo Guidotti, head of the subcontractor MondoLibero, said on the show: "The company sold the handbags to Gucci for 24 euros, but the price was as high as 1,000 euros at the Gucci store."
A Beijing Business Daily reporter found that in another translation of the program content pointed out that "the cost of assembling Gucci handbags, which cost close to 1,000 euros, is only 24 euros".
In response, a Beijing Business Daily reporter contacted Gucci China Customer Service yesterday, the other side said that the program's "cost only 24 euros" is out of context, belongs to selective mention of specific links of the story, is a slander on the brand. She says 24 euros is just the cost of producing and assembling products, but the real cost of a bag is much higher, including the cost of high-quality leather materials, product packaging, logistics, transportation and distribution channels.
LV bags cost less than 400 yuan? Coincidentally, online writer Drunken Dolphin, who claims to have worked in a manufacturing factory, said in a recent article: "Some LV bags with a counter price of around 20,000 yuan, I estimate the cost of mass production to be around 200 yuan. It may take 400 yuan for a smaller batch. " It is also mentioned that the synthetic material used for LV bagging is embossed PVC coated canvas or Oxford cloth, and "the price of high quality PVC resin is more than ten yuan a kilogram", and the hardware will need about 20-50 yuan for mass production. According to this calculation, the cost of a LV bag is about 220-450 yuan.
In response, Beijing Business Daily reporters contacted LV Group's head of Chinese media when told that LV has never responded to similar rumors. However, Monica, the official customer service of LV brand, told Beijing Business Daily that each Replica Cheap Louis Vuitton Bags has its value in material, craftsmanship and design. So far, the brand has not disclosed the cost and profit margin of a single product. Monica also said customers'reasons for buying luxury goods include products, quality, craftsmanship and brand history, which are not comparable to the average bag of tens of dollars. She also said LV does not have an agent processing plant in China, and its products are produced overseas. Leather products are mainly produced in France, Italy, Spain and other regions. Rational consumption calls for price return