Fashion & Style
The Backchannel.
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High-End Perfume Costs Under $3 to Produce (Including the Bottle)
In prestige fragrance ($200-$400 a bottle), the liquid inside ("juice") typically costs between $1.20 and $3.00 to manufacture at scale. The rest of the retail price pays for bottle molding, celebrity endorsement license…
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Luxury Brands Destroy Unsold Inventory to Preserve "Scarcity". And Pay "Burn Taxes"
To prevent luxury handbags, coats, and watches from diluting brand value on discount racks, high-end fashion houses routinely burn or shred tens of millions of dollars in unsold inventory every year. Even with recent Eur…
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