Undoubtedly, the most well-known fashion brands and designers sell products that only few of us can afford. Why would a leather handbag or a jacket cost $70,000 or more? Hermes, Balmain or any other high end brand charge huge money because they usually make their items using expensive materials and sell only exclusive goods to people who want to stand out.
The most well-known fashion houses want their items to be produced in Italy rather than in China. Their priority is quality rather than the expenses related to production. This inevitably increases the price of the product. When a customer pays $70,000 for a crocodile leather jacket he buys an exclusive piece. The less common and trivial the product is, the more expensive it is. High prices work as a repellent on customers, especially on those whose income is more or less average.

Besides the above-mentioned reasons, one of the most important aspects that influences the cost of the product is who it was created by. Fashion houses hire the best specialist, experts and designers to make a unique item. Finding a person who is creative enough to make something that has never existed before is not that easy. Later on their ideas become available to the public for a much lower price. However, if you want to be the first to possess something that others can’t, be prepared to pay big money.