ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Balenciaga introduces a nearly $1,800 trash bag

High-end fashion designer Balenciaga is creating a buzz on social media for selling what it claims is the most expensive trash bag. It costs nearly $1,800.

Balenciaga is creating quite the buzz on social media for reportedly selling the world's most expensive trash bag.

It's called the Trash Pouch, and its price tag is nearly $1,800. 

According to the luxury fashion brand's website, the bag was part of the designer's Winter 2022 360° Show, which included "enlarged and exaggerated" accessories. 

The brand didn't disclose much about the bag online aside from the fact a trash bag inspired it. 

ESTÉE LAUDER IN TALKS TO BUY LUXURY BRAND TOM FORD

The reason for the hefty price? It's made of calfskin leather and sports the brand's logo, according to the New York Post. It also comes in select colors, including black, white, blue and yellow. 

Its debut sparked quite the conversation on Twitter, with some users claiming the brand, known for its outlandish creations, is a social experiment.

HIGH-END RETAIL STORES STRUGGLE WITH DISMANTLED SUPPLY CHAINS

"Balenciaga is a true social experiment to actually see who’s dumb enough to buy stuff. They are selling a trash bag for $1,790. Somebody is going to tell me it’s art," one user wrote. 

Others simply thought it was comical. 

"If you don’t see the beauty in the Balenciaga trash bag you just don’t understand fashion. It only costs $1,790," another user wrote. 

Even Balenciaga’s creative director Demna Gvasalia has found some amusement in it. 

CLICK HERE TO READ MORE ON FOX BUSINESS

During an interview with Women’s Wear Daily earlier this year, Gvasalia laughed, saying he couldn't "miss an opportunity to make the most expensive trash bag in the world." 

"Who doesn’t love a fashion scandal?" he added. 
 

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.