The Louis Vuitton Tribute Patchwork bag was launched recently. Yes, it does cost an arm and a leg, well almost. At an astounding £23,484 ($45,800), it is the world’s most expensive handbag. It is almost £3,000 ($5,900) more expensive than a Mercedes C180 Coupe SE! This shopper-style bag with a gold chain handle is made up of samples of 15 bags from the Louis Vuitton spring/summer and cruise collections. Like the statistics suggest, of all LV bags in the market only 1% are genuine. But according to the company, the Tribute bag may be the first Louis Vuitton product that cannot be faked. A Louis Vuitton insider said: “It takes all the best parts of the season’s creations and rolls them into one. We are confident that the bag is utterly exclusive and that it will remain so.” Anna Van Praagh from The Daily Mail, who is just four hours and £114.79 ($224) managed to buy fake versions of the separate bags, has rubbished this claim. Another £40 ($78) and a local seamstress cut them up and sewed them together ‘patchwork style’.
Every time Louis Vuitton comes out with an exclusive collection, diehards invest in the signature bag of the season. These bags are never seen on the shop floor and can be bought by appointment only. All handbags are made individually at Louis Vuitton’s secret ‘workshop’ in Asniäres-Sur-Seine, northwest Paris. The fear of counterfeit bags haunts the company and shoppers alike. But the point is would you be willing to spend that kind of money for a hideous looking bag in the first place?