What The Hell Is Happening With Polene & LVMH?

Рет қаралды 37,159

Күн бұрын

Пікірлер: 88

@Handbagholic 2 ай бұрын

Do you own any Polene bags? Up next, 7 Affordable Luxury Brands Defining the NEW IT Bags 👉 kzbin.info/www/bejne/hIXUo4iLYs5lpJY

@pbtraveler694 2 ай бұрын

I have a Numero Uno nano bag and love it!

@sofyameytus710 2 ай бұрын

Yes. I own 5 Polene bags. I started with the original Un in black, then bought 2 Un minis with gold chains in nude and navy blue( both colors discontinued) . Then got Neuf original in chalk and finally Tonca in Arctic blue. Impeccable quality ! Love them all . That is why luxury company bought their shares , it’s an admission that Polene is really is a luxury brand. I am glad that bought my bags at their initial prices and at this point not planning to buy more. But you never know😊❤

@sofyameytus710 2 ай бұрын

@carrino15 2 ай бұрын

We know what is going to happen. Greedy price hike, lower quality and lower innovation. Polene is gone now, buy before it is totally ruined.

@kellygrace1617 2 ай бұрын

That was my first thought too! I have a polene and was thinking of purchasing another, but this kinda makes me rethink that. I don't want to give more $$$ to a greedy man.

@mainelux5482 2 ай бұрын

My first,too

@tarreemhacaruso2687 2 ай бұрын

@@kellygrace1617 exactly

@amberr.6235 2 ай бұрын

@@carrino15 From what I’ve heard the quality has been going down since they’ve gotten more popular and that was before LVMH came in so I can’t imagine how this is going to go

@MonisiaChip 2 ай бұрын

I think it is to late...just received tonca last week, and Polène logo crooked badly... nobody yet replied to my email. I think having a crooked logo is unacceptable at this price point.

@mr.ryan.nguyen 2 ай бұрын

They acquired polene to captured the lower/middle income market. Since all of lvmh brands are now out of budget for most people and continue to experience sale loss, they needed something to generate sales.

@Handbagholic 2 ай бұрын

Yes, I think we will see more of this as the more affordable / contemporary market grows and super high end slows down

@tarreemhacaruso2687 2 ай бұрын

They have a habit of raising prices to astronomical amounts so I trust them NOT.

@maisy4675 2 ай бұрын

Well there goes another brand ..

@amberr.6235 2 ай бұрын

Unfortunately I’ve heard Polene’s quality has been going down since their popularity grew and that was before LVMH came in so I can’t imagine how this is going to go

@pattywilliams788 2 ай бұрын

High end fashion brands (or huge corporations for consumables in general) have taken notice of smaller and more niche brands that are popular with the masses; this is especially so with the ones that have great quality and affordability. They swoop in and buy or take over these beloved brands and precede to change what makes them special. I know this video is about LVMH in particular. However, I know this phenomenon covers categories where money and greed come into play. If I may write a novel, Steph, I am a black woman and my demographic waited for years and years to find brands that cater to us where hair products and makeup, etc. are concerned. Some of the quality and affordable brands have been taken over and changed to maximize profit and reduce quality. They soon became just like every other over the counter product and stop being what made them special. It’s really sad. I hope Polene doesn’t allow their control to be taken away from them. That would be a real shame.

@tininaparker6588 2 ай бұрын

I have wanted a Polene bag for a while now. This news makes me feel pretty certain the prices will go up.

@JackieSussan 2 ай бұрын

Polene has already hiked up their prices. This will only get worse and it will no longer be affirdable for the rest of us mortals that dont have millions to invest in luxury handbags

@baddcheeta. 2 ай бұрын

The wolf is out for blooddddd.. currently scrolling through Polene’s website before the prices quadruple 😖

@nbash6396 2 ай бұрын

OMG... I need to buy a Polene. I actually been shopping at Fashionphile that you recommended

@Handbagholic 2 ай бұрын

Oh nice, which pieces on Fashionphile are you loving? That website is so addictive haha

@shelbyruyle 2 ай бұрын

Chinese demand has collapsed and LVMH needs to find growth somewhere. Seems reasonable they would acquire lower cost brands.

@tinaredecha8732 2 ай бұрын

Yes, polene prices will surely increase. Yes, I’m ordering one in the next week!

@Handbagholic 2 ай бұрын

Which one are you going for?

@thebougieminimalist 2 ай бұрын

@@Handbagholic well I’m planning to order the large cyme this week, is this not a good idea? I love the bag

@mansoor3159 2 ай бұрын

Steph your videos are genuinely fantastic and whenever you posts a new video it's makes me so so happy and May God Bless You Always💖💖😀

@Handbagholic 2 ай бұрын

Thank you as always Mansoor! Hope you're safe and well

@pepperpaige203 2 ай бұрын

So prices will skyrocket and quality will go down.

@Handbagholic 2 ай бұрын

I guess time will tell! Hopefully not :(

@kellygrace1617 2 ай бұрын

Thought the same thing!

@murtila4456 2 ай бұрын

It already has.

@amberr.6235 2 ай бұрын

Since they’ve gotten popular Polene has already had price increases and a decline in quality unfortunately

@Monika-kc8vv 2 ай бұрын

I have several Poléne bags. No, I will not buy any further bag from them, just because the reason of having the wolf in the background. There are many other midrange affordable bags on the market in which I shall invest. The race for high end designer bags is becoming silly and rather pathetic. Great video, thanks and have a great weekend 🎃

@nhkruemel 2 ай бұрын

I definitely think I did everything right by buying the regular Cyme last August. I like this design but anyway it was quite spontaneous, as if I did smell that rat. I already own four "Old Celine" bags (2 Belt, Phantom Cabas and Seau Sangle), the YSL Sac de Jour Souple Baby and a wonderful vintage Bottega, so I'm pretty happy with my small selected collection now. This business is getting really crazy and I don't want to be part of it anymore.

@5ftNothing 2 ай бұрын

I hope they don't sell any more of the company but, having said that, LVMH usually likes to be either the majority shareholder or to have total owndership. I really love my mini Cyme 🖤

@leonieoutdoor1770 14 күн бұрын

I was even planning of selling my Numero Un smh😢 dang

@NashvilleFrank 2 ай бұрын

This LVMH investment group bought Bicester Village a few months ago. How will that work? Great vids always!

@corettaburrowes9559 2 ай бұрын

So to answer all three questions is no, yes and it's only a matter of time x

@GailKuzyszyn 2 ай бұрын

I bought a black leather and suede Polene bag in 2019 and it is high time for me to bring it out and use it. Here's hoping their prices won't skyrocket.

@amberr.6235 2 ай бұрын

They’ve already had price increases and a decline in quality unfortunately

@MaycoFabon Ай бұрын

What I want to say is that I spent less than $ 100 from the fake LV I bought from kislux . The quality is very good. I spent four years on the plane, the bus, and anywhere. As a rag. I specially smelled the bag and compared the stitching color. This is the most authentic I have ever seen. To this day, this bag is still very strong. Although it has been abused, the material is still great.

@saraa7117 Ай бұрын

The beautiful bag has no lining pockets inside for a $600 bag. I was about to purchase but got discouraged because if that fact.

@juliareyder2157 17 күн бұрын

What size is the black polene bag that you showed?

@Handbagholic 17 күн бұрын

The black one I have is the mini size. I've done a size comparison video here if you need more info: kzbin.info/www/bejne/gpakq4Owedpraqssi=8rkqxhblnhSZkS1u

@ronnieb895 2 ай бұрын

Hi Steph great content. Thanks for sharing❤ Greatly appreciated!

@2CrazyFrenchies 2 ай бұрын

I actually don’t think they will raise prices that much. I think this acquisition is because LMH has painted itself into a corner with the price increases. So instead of decreasing prices at LV and showing that demand is in fact weak, they’re going to buy cheaper brands. They’ve hurt themselves with these increases!

@sassimaus2 Ай бұрын

I know they are gonna raise the prices. I better get myself a polene before the prices will increase

@gablovesplantssydney Ай бұрын

I like the Polene bags because they are good quality and don’t have massive labels on them. People who know quality leather will look at the construction from ten paces and say, that is a nice bag. I bought my first Polene 4 years ago and it still looks like new even after me using it on high rotation. I had heard recently from a you tuber that the quality might have gone down which would be disappointing but maybe with the acquisition the quality can go back up (not that I have noticed a difference). I don’t mind paying for quality, I do mind paying just for a name.

@smellydog454 2 ай бұрын

I ordered a Cyme on Thursday and only after ordering am I learning about all this drama unfolding and I'm increasingly worried im going to receive something terrible

@luciastevarova2866 2 ай бұрын

I got mine last week and it was perfectly Ok! ;)

@GailSilverman-vy5qi 2 ай бұрын

We’re can you buy this bags ?

@ellenmerkle940 2 ай бұрын

Didn’t they have a quality problem about a year ago?

@user-gr7jo9qb3l 2 ай бұрын

They made Loewe ugly w their huge logo straps. Glad I got Strathberry before they maul that too

@mwedzi 2 ай бұрын

I have one Polene, the full size Neuf. That's the only one I really want, though the Mokki is kind of appealing to me. Trying not to buy something I don't really want because of FOMO ...

@selinehermes 2 ай бұрын

Unique in the fashion industry with its outstanding quality and unique style

@somethinelse0930 2 ай бұрын

Well, I guess I will get me another Polene before another price hike.

@debbiebartlett2902 2 ай бұрын

I wish I could afford a Polene Handbag. 😢

@karyannfontaine8757 2 ай бұрын

That means the Polene quality will go way down and Prices will increase tremendously. I will not buy although I loved the brand before LVMH tainted it.

@Indiana_Girl757 2 ай бұрын

Thumbs done because LVMH and not you!!!

@Handbagholic 2 ай бұрын

haha, one day! Not sure I fancy taking Bernard on :D

@chaiwellness 2 ай бұрын

Interesting! With respect to pronounciation: Bernard = Burr-nard (nard is pronounced like yard). Arnault = argh/r/are-know. H = aitch. Hope that helps!

@linlinlala 2 ай бұрын

Thank you. I was just wondering if H is really pronounced like this, because English is not my first language.

@bsluxeplusaustralia378 2 ай бұрын

Owe no. I think they will hike up prices. 😢 I love LV AND I LOVE POLENE. but I don't want more increases. I hope I'm wrong.

@vl5562 2 ай бұрын

Hopefully LVMH don’t start make Polene bags in USA. I have been so many LV bags that made in the USA got all kind of issues. Sadly.

@TheMomLifee 2 ай бұрын

Oh no! I should have bought my second Polene bag right after my first in 2020!

@amberr.6235 2 ай бұрын

Especially since they’ve had price increases and a decline in quality

@elisemcuk9808 Ай бұрын

The quality dropped and the prices rose well before LVMH invested in Polène.

@kdgeckoknits274 2 ай бұрын

Affordable price point equals lower quality materials and less attention to detail. I have never been a fan of Polene. I find their handbags too trendy, which means customers will be encouraged to purchase new bags every season, just like high-end luxury brands. Polene will do whatever favors their financial bottom line. Can't blame them. This is business. But, as I said, I'm no fan of Polene, so none of this makes any difference to me personally.

@suzannehall5200 Ай бұрын

I’m old enough to have seen this situation many times. I believe LVMH are feeling threatened by the mid price brands and are out to kill the competition. Just watch the prices dramatically increase, thereby getting rid of Polene’s current customer base. Then they will wait a few years and we will be hearing about how badly they are doing and they will be closed down.

@Potter_Mischief 2 ай бұрын

Of course being merged they eventually will lose their affordability and quality, has happened to all of the other brands they have under their wing. Is just gonna be another one. That’s the way I see it. I do not have one of their bags but I’ve seen how hipped it has become and surely that’s what’s gonna happen. 🤷🏻‍♀️

@anonymousanonymous-u9f 2 ай бұрын

I thought it was a minority interest? It’s hard to resist to become a multimillionaire by selling their business. LVMH did it to stop that anti luxury bag movement. LVMH can totally destroy Polene. It’s pocket change even if Polene failed miserably.

@Handbagholic 2 ай бұрын

Hiya, yes it's a minority this is what was shared in the video. It'll be interesting to see what they do

@sestricaanutka Ай бұрын

Polene is now almost mass market, i see them everywhere, so I think I am not going to buy anything from them

@adrianabaytalo5241 2 ай бұрын

Now I don't care at all the Poléne bags are very bad finished the the seams are a mess 😅

@riinakuik 2 ай бұрын

Why not, if there are individuals out there who happen to like handbags resemble a huge pair of underwear… 😂 I would never buy something like this.

@johnlocke3481 15 күн бұрын

Sooooo, Polene is already well known for having fallen faster than any other brand in history from it's high point. The brand is now known for terrible quality, and poor craftsmanship, along with horrible customer service that will leave you hanging. This investment will simply bring worse quality, and higher prices. Polene is a dead brand which is a real bummer because their bags were really nice looking.