I like the lack of music in the videos really suits your channel.

Came to the comments just to say this.

And givenchy is pronounced waaay differently

And it’s Rosé not rOse

Good catch, I didn't even notice.

Lol

exactly. thought i may just be the way their brand operates, birkins are still a big deal

later they changed and became a courier

No it wasn't...Gucci under Tom Ford sold online when internet was still dial up.

@@jonnyfendi2003 So you assume Hermès didn't do this too?

@@R.N.19 They werent the "first" though

This is not true. Though it can go back to the same person for repair it is very unlikely that the same person who made the bag will be the one repairing it.

Why? This seems horribly inefficient. Hermes is not capable of training multiple personnel to fix bags? We don't have machines that can fix bags?

@@wyw201 The reason people buy these bags are because they’re made by hand. If a machine made Birkins or Kelly’s you’d be able to tell. The bags go to a Hermès repair shop in France, sometimes, though rare, they end up in the hands of the person who made the bag.

@@joed7525 What are the specific differences between a bag made by machine and a bag made by hand?

@@wyw201 stitching for one. The hand can do stiching patterns that machine simply cannot. Along with a lot of other things that require intricate details.

They do it because perfumes are a cheap way for people to buy into a brand and feel like they own a part of that high end brand

Or like me. I make cutting boards and they're so exclusive I have yet to sell one.

@@sparsparkster5997 🤣🤣🤣🤣

People love getting cucked

Patek Philipe not Rolex lol. Rolex is machine made

Ferrari takes it to a pretty ridiculous level. You literally have to buy a couple of “starter” Ferraris just to get on Maranello’s radar, and they judge your public appearances and profession from what I heard to be granted an invitation to purchase a limited release.

Tell me you know nothing about materials without telling me you know nothing about materials 😆 polyester is not about being cheap, that's not the only reason why they use it. It's also much more sustainable since you recycle it infinite times unlike cotton which is just burned or very hardly and rarely recycled into something else than clothes at the end. It has also different properties, like for example it doesn't absorb sweat as natural fibers or it's easier to create various shapes. Just because something has polyester , doesn't mean it's a bad product at all. Man made fibers are the best thing we have for sustainability. No natural fiber can be infinite times (theoretically) recycled. So depending on the vision behind the product, the polyester might fit better than other materials. It doesn't have to be only about cheaping out on something...

a wool pea coat can't be made from polyester ur probably mixing it with a polyamide/wool mix which is usally mostly wool 80/20. The polyamide doesn't make it worse or better it's just a fabric mix to make the garment either look a certain way or probably in this case more durable. High fashion usually uses advanced textile technology which to a not familiar person who reads poly/nylon and thinks cheap or bad quality but in reality in high fashion its not the case because it's a means to enhance the material.

@@Lucifer0022 Yeah, you know absolutely nothing about materials...💀Please do not again try to educate people before educating yourself properly... Polyester can't be recycled infinite times. It is potentially toxic to the environment by shedding microplastics and to you by leaching estrogenic and similar chemicals that are often used in the production of specialty polyester, to be more durable, water-wicking, etc. Polyester in itself is sweat inducing and makes you smell horrible, everybody can attest to that. To make polyester without these drawback you must use specialty polyester (which is unneeded if you use merino-blend tees), so your tech-fabric gym shirt is likely harmful for you. It is incredible cheap to produce, thanks to China building and industry around it, so 99% of use cases are to cut costs or boost subpar materials durability, handfeel, etc. Such as the case for short staple length cotton and polyester blends. Better choices for lining fabrics instead of polyester are naturally-sourced cellulose based fibers such as cupro (bemberg), viscose/rayon and lyocell. Man-made fibers are not the best thing for sustainability, far from it, the incredible cost of R&D and such would make breakthrough fabrics initially expensive plus the additional patenting of technologies preventing wide scale adoption and use, the case of lyocell. Natural fibers by contrast are already undergoing such changes already as they are agricultural products. Man-made fibers are prone to marketing, such as Gore-Tex, which is still uses potentially toxic ePTFE, a teflon fabric, in most of its jackets even after the promise of stoping it, or the lie that it is breathable AND water-resistant, instead of breathable OR water-resistant as it should be by the simple logic of osmosis, while the natural solution is ventile or a bit of wax on canvas! So just STFU! 💩

Having 5 properties for example in the UK is quite common now, especially for the middle class. Having a Mercedes’, even something high powered is a dime a dozen. Every other 18 year-old drives a brand new A/ C class (or bmw/audi) in west London.

@@gagz117 so are they all able to go into Rolex with those 5 properties in the UK and also ask for the Rolex Daytona or are they not on the level?

@@dlc85007 sadly we are not on the level…with Rolex and many other brands it’s really not about how much money you have but rather how much you spend (regularly) and kiss ass. And the Daytona is an invitation only model. I’ve heard that you need to have spend upwards of something crazy like £200k for a steel daytona.

@@dlc85007 There's a big difference between owning 5 small or ordinary houses, 5 large detached houses or 5 apartment blocks (which can have anything from 10-20+ units each). Just saying someone owns a property gives very little info.

@@tonyatthebeach I was trying to paint the picture of how she's rich but I guess the 6 properties she has now doesn't cut it for some people as I thought it obviously would. Anyway she's rich, tried to buy a Rolex Daytona, and got shut down because not enough Rolex points

I thought we were in a downswing but then again I live in a blue collar town

Those logos are a fantastic way of telling if somebody is a vapid idiot from a distance.

come to New York you see the same thing...except they are all bootleg worn by people who take the bus and subway drenched in Chanel and Gucci logos.

​@@jonnyfendi2003 was just in boston and was shocked by number of college students on the subway or at the airport with Gucci sneakers

@@jonnyfendi2003 Maybe in America all people wear Gucci and LV and takes buses are Poor, 😏 but here in UK I know many Well Off People who use public transport because it’s hard to get parking in central London, they leave their cars at home.

if you're spending that kinda of money you kinda want it to be hand-made by a single master craftsperson. i mean nowaday what kinda of stuff do you get to say that about? its huuge brag rights for rich people and they know it!

Wow a handmade bag. Wowie! That’s a giant step for humanity. It’s a fraud and people are dumb, narcissistic, insecure and rich lowlifes enough to support it

@@Brurgh if you are rich, do you need hermes?

Came via the algorithm. Great video, subscribed.

theres still way to much money going to the top of that chain. The rest of these companies churning out mass-produced "luxury" clothes are a joke. It disgusts me how many people who are barely making enough money to live are convinced by this scam.

Actually If you buy online you can return for a full refund!

@@tototha7717 probably talking about bag returns. They dont sell their bags online so understandable that would accept online refunds

@@ElizaArika that’s not true. Hermes sell many bags online. They don’t sell Kelly, Birkin, or Constance online but many their bags they do sell online. I bought and return a Herbag for full refund

I was looking for this comment. Most guys are not going to know that until they have had the right, or the wrong, kind of girlfriend

@@Laotzu.Goldbug he also said Tony Burch, god love him.

@@vanitymarks8798 did Tory transition?

haha

@@vanitymarks8798 honestly, knowing that Modern MBA is just some dude with with a business degree and male pattern baldness butchering up luxury brand names is kind of funny and made his business analysis more credible in a way. It's like, I want my CPA to be an expert in accounting, not fine wines, you know?

felt the exact same way!

Ferrari also does this.

Audemars Piguet is not at this level even part of the Saint Trinity

It's also illegal in France, so idk what they're smoking

I'm a socialist at heart so probably not your target demographic but I want to better understand modern capitalism and business. I think it's a real blindspot for many people, and I'm always open to new information - my political views are always evolving and whether I'm a socialist or capitalist, we live in a capitalist world and I want to understand it. Your videos are a great introduction for someone with no real business knowledge, I really appreciate them!

Thank you for the kind words and support! Love your perspective - I intentionally don't target any audience and keep any politics out of my own content. Economics is how most war is waged these days (i.e international response to Russia's invasion of Ukraine). Corporate America is ruthless, violent, and companies are always coming up with strategies to stay ahead. This channel's audience seems to be a mix between day traders looking to understand a company enough to "invest" in it, company fans/enthusiasts/haters, or just the curious. I genuinely hope to foster that diversity organically and look forward to your future comments.

Same! Casper drew me in and now I’m starting from the top!

Interesting work from the youtube algorithm. Also got served Casper and wanted to learn about Hermes haha. Earned a sub :)

Amen to r-pupz… and great work MMBA

People spend money they don’t have on things they don’t need to impress people they don’t like.

It’s a new money thing. Tacky logos or well known silhouettes stuff to show off. Old money tastes are more humble lol

Some of it is cultural too or maybe a symptom of the current or yesteryear generation but people have loved to represent a lifestyle, brand or product for a long, long time because as humans that how we identify our tribe (people with common ideals, passions and so on) I find it odd since it's not like a lot of these things are exactly good looking truly fashionable pieces either, most are wildly impractical unless you simply just walk around and set some things down and even from a functional perspective most are pretty much useless. All I know is I see far more people wearing all these gawdy awful, expensive stuff with no fashion sense or style because that's something you can't buy...or a lot of people wearing it hoping to come across as affluent but aren't.

It's status projection, nothing more. Humans that cant get past the biologically inherited hierarchy structures. Even if it's just in their heads

That's what these companies massive advertising budget is for. Billions of dollars are spent targeting peoples psychology and inadequacies to trick them into believing that purchasing an overpriced item will solve all their problems.

"thoroughly researched" yet no sources and is clearly oblivious to the world of fashion

Im sorry red bottomed Louis Vuitton’s? Smaller labels like Moncler AND Balenciaga?

Exactly my thoughts. I was looking for a comment like this. Hermes seems to have copied Ferrari's playbook not just taken a page out of it.

Stupidity of over-consumerism culture at its finest

rich people interpret that feeling of disgust as being unique

@@XSpamDragonX exactly, most are clueless twats anyway

Fully agree, Gucci is heavily overrated garbage.

Old rich people love having to get permission to buy the thing they truly want

Hand-crafted items like bags, shoes, and hats are literally the only high fashion thats remotely comparable to things like watches and supercars. The rest of the mass produced crap these companies pump out to dumb people who think it will impress anybody with more than 3 brain cells is not.

disagree. from the little i know, they seem to be innovating more than any other company by actually listening to what the people want. it may be tacky to you, but i call it pushing the boundaries and being creative. the new must replace the old eventually

@@alandeutsch9987 how? slapping your logo on cheaply made crap won't stand the test of time. If anything it'll be a race to the bottom and whatever they stood up will no longer be relevant. People don't know what they want, Gucci is ugly, tacky and will not age gracefully or well beyond this era and will become some bargin bin brand or if I'm being slightly positive something like a Lacoste (started off high quality and is now just cheaper made items trying to milk their heritage, brand, logo and name)

@@alandeutsch9987 I disagree, the ability to stand the test of time is what old money desires

It's important to properly pack these bags for transport and storage to retain the shape and quality of leather. Even after you purchase one, you should be storing it in the dust bag and box if you aren't going to use it for a while. If taken care of, your bag is almost guaranteed to appreciate in value.