People who spend big bucks on bags usually don't care about quality. They care about status. If you have $10,000-100,000 to spend on a quality bag, why not get one custom made at *esluxy* ? Choose your materials, thread, stitch pattern, design, and hardware. Imagine you have a $10,000 bag that's made from $7,000 of quality materials and $3,000 of labor. Currently, you're not paying for the materials, you're paying for the marketing.
I think Gen Z is more open-minded because they are in an age where replica bags on *esluxy* look exactly like the originals. Also, why spend thousands of dollars on something that these brands give to influencers for free. It just devalues the whole concept of luxury.
I am 37, work hard, love fashion but I can't afford luxury. Last year I found out about *esluxy* where I bought a real leather Fendigraphy for about £150 (more than I usually spend)... I love it so much and it makes me feel good... I don't show off it's fake but anyone who knows me and knows the prices of Fendi knows it's not real... Maybe one day I will own a real Fendigraphy but for me I am happy with my fudge