The million dollar bag is only available to Louis Vuitton’s most important customers.
Louis Vuitton SS 2024 Mohammed Badra, All Over Press
At the beginning of the year, luxury fashion house Louis Vuitton named a music producer by Pharrell Williams, 50, as its creative director. The collection designed by Hittinikkar was presented in June at Paris Fashion Week and now the products have gone on sale.
A popular version of the iconic Speedy bag has also arrived on the imaginary shelves of stores. The buzzer designed by Williams has a price of one million dollars.
Pharrell Williams RUBA, All Over Press
This is what the millionaire bag designed by Pharrell Williams looks like. Photo from Louis Vuitton’s men’s collection SS24 show. Mohammed Badra, All Over Press
Thanks to the exchange rate, this bag made of crocodile leather could be sold for around 930,000 euros. The color selection of the novelty bag is familiar from Williams’ style: yellow, red, green, brown and blue in bright shades. With this on your shoulder, you would dare to go on a little more fun weekend trip or to the gym after work.
Even if the masses are found, the new Speedy is only available to Louis Vuitton’s top-level customers. The bag in question is made to order, and you can’t just pop it into luxury brand boutiques.
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If you can’t get this millionaire bag in your mind, but the realities are in play, the basic version of Louis Vuitton’s big Speedy bag with classic designs can be bought used for around 600-700 euros. It costs 1,700 euros new.
The prices of crocodile leather bags are around 200,000 euros at several luxury fashion houses. The prices of the most expensive bags are usually in the tens, at most hundreds of thousands, so a bag designed by Pharrell Williams is exceptionally expensive. In addition to the luxurious material, the price of the bags is often increased by, for example, diamond details and other personalization of the bag.
The crown of the world’s most expensive handbag is still held by the House of Mouawad brand’s 1001 Nights Diamond bag. The bag in question took ten artisans more than 8,800 hours to make. The bag, made of numerous diamonds and metals, would fetch almost 2.2 million euros, if it were available at all. With these figures, it also earned its place in the Guinness Book of Records in 2010.
This is what the world’s most expensive handbag looks like. ALEX HOFFORD, All Over Press
As sources: High Snobiety, Vestiaire Collective, Louis Vuitton, The Handbag Clinic.