Okay, admittedly I could write all day long about Balmain's outrageous price tags but this one takes the cake. When you read a price tag and have to double-check the zeroes four times, you know it's serious.
Just how serious is it? $50,085 for a Balmain leather jacket made of crocodile skin. It has frayed unfinished cuffs, ripped holes and a plain cotton lining. Why so expensive? My guess is that the jacket must come with the man the crocodile swallowed. But hey, at least there's free shipping.
Check out the pictures for more jackets by Balmain.
What's Driving This Trend
- Luxury Fashion
- With the demand for luxurious products increasing, innovative brands can capitalize on this trend by offering new and unique products to the market.
- Animal-free Alternatives
- With growing concerns of animal welfare and sustainability, new materials and technologies for animal-free alternatives in the fashion industry can become a disruptive innovation opportunity.
- Ethical and Sustainable Fashion
- Consumers are becoming more conscious about ethical and sustainable fashion, creating an opportunity for brands to innovate and develop products in line with these values.
Who This Affects Most
- High-end Fashion
- The high-end fashion industry can capitalize on the demand for luxury products, providing new and unique products to appeal to this market.
- Animal-rights Activism
- The animal-rights activism industry can provide education and advocacy for animal-free alternatives and ethical/sustainable fashion practices.
- Material Innovation
- The material innovation industry can develop new and innovative materials and technologies for animal-free alternatives in the fashion industry, creating solutions for ethical and sustainable fashion practices.
