This $24,000 Chanel Crocodile 2.55 bag is actually good for the crocodiles. Here's how it works: Crocodile bags become very popular, croc farming becomes very popular, croc poaching becomes less profitable. So if you buy this bag, you are actually being eco-friendly. It's called the 2.55 bag and comes in multiple colors.
Implications - We are in an era of consumption, regardless of real financial or economic ability. Even consumers who cannot afford luxury goods are buying luxury products; thus, the overall intrinsic value of any luxury product stands to decrease. We have already seen this with Louis Vuitton bags -- it is possible that other high-end labels, like Chanel, will be affected as this shift in consumption continues.
$24,000 Crocodile Skin Clutch "Eco-Friendly"?
More Stats +/-
Accessible Professional Music Software
Fanny Pack-Stored Kid's Coats
Vintage-Inspired Graffiti Bags
Recycled Cosmetic Brand Furniture
Seasonless Fashion Designs
Free 2018 Report & eBook
Get the top 100 trends happening right NOW -- plus a FREE copy of our award-winning book.
Our Research Methodology
This article is one of 350,000 experiments. We use crowd filtering, big data and AI to identify insights.
Chanel Crocodile 2.55
- By: Going Like SixtyDec 11, 2007 Updated: Apr 7 2011