Have you ever wondered how much your Chanel Classic Flap, Louis Vuitton Monogram Bags, or Hermes Birkin actually costs these companies to make? Let's take a closer look at their financial statements from 2019-2021 to find out. This video is just for entertainment purposes only.

About this channel: Just a business professor sharing her thoughts on life, learning, and luxury.

Timestamps:
00:00 - Introduction
02:10 - Basic Definitions & Constructs
04:10 - Chanel, LV, & Hermes Ownership Structure
08:30 - Profit 101
11:00 - Chanel, LV, & Hermes Company Performance
16:00 - Chanel, LV, & Hermes Profit & Cost of Sales (COS) Comparisons

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