Leather: $450

Thread: $25

Hardware: $150

Edge Oil: $50

Interior Lining: $100

Zipper: $10

Human Resources: $600

Packaging: $10

Total Cost Price: $1,395

Retail Price: $38,000

Over 90% of the price is for the logo alone.

If you don’t care about logos and just want the same quality bag, buy it from China.