One consumer product that has often been criticized for being overpriced even before inflation is the luxury brand handbags, such as those produced by well-known fashion houses like Chanel, Louis Vuitton, and Hermès. These high-end designer handbags often carry exorbitant price tags that are significantly higher than the actual cost of production. The brand name, exclusivity, and perceived status associated with these luxury handbags contribute to their inflated prices. While the quality of materials and craftsmanship may be excellent, the high prices are also influenced by marketing, brand image, and the demand created by aspirational consumers. These factors have made luxury handbags a prime example of products that have been considered overpriced in the consumer market for quite some time.