It’s the worst-kept secret in the fashion world – the margins on luxury goods are out of step with the real costs of the products. The eruption of the trade war between China and the US has brought the issue out of the closet.
TikTok creators from China are flooding the platform with videos inviting audiences inside the factories where luxury goods are manufactured, seemingly explaining where and how products like Hermes Birkin bags are made in an effort to circumvent Donald Trump’s tariffs.