Comments by "ChineseKiwi" (@ChineseKiwi) on "The Luxury Fashion Industry Is Designed To Keep You Poor" video.

Not lux clothes, but lux beauty here: I worked at a regional L'oreal head office for about a year. Ask me anything. and yes, I know the markups to the retailer, let alone to the consumer ROFL. One of the few pros of the job (was terrible) was the massive discounts on the products at the staff store. 70%, 80% easily off retail. I overheard a meeting and L'oreal were so pissed/angry at a certain large supermarket chain (won't name for obvious reasons) because essentially, in layman's terms, people were stealing their products too much and thus threatened to not supply that supermarket chain ROFL. But as with lux clothing brands, it is predicted to skyrocket in sales, even with the pandemic.
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@Mario-fn7po The markups from say L'oreal to you the end consumer is, depending on product, 60% to 80%. To the retailer / supermarket = easily 25-40%. Of course supermarkets can get away with smaller margins / buy it cheaper due to economies of scale / they buy a ton more. Quality wise, once again, depends on product, but as with other products, the higher end is much less of a difference than the price difference.
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