Why Do People Spend Big on Designer Bags: Status, Quality, or Emotional Connection?

Luxury brands often release exclusive collections that create a sense of urgency and desirability among consumers. The limited availability of these items appeals to consumers who want to stand out and express their individuality. Fashion enthusiasts closely follow the latest trends and collections, making luxury bags a vital part of their personal style narrative. This exclusivity fosters a "fear of missing out" (FOMO), driving individuals to purchase these bags as soon as they hit the market.