cost to make Prada handbag

Prada makes nylon handbags that sell for $900+. They have fairly average construction (mainly in a developing country with some finishing done in Italy) and nylon costs, give or take, about $1 a meter. Let's say Prada has some leather detailing on top of the nylon. Max, they probably spend $5 on the fabric. It takes a couple of hours to cut and sew a handbag, most of which is done by extremely low-wage workers. Then, there is often a "finisher" in Italy who sews a couple of pieces together, which allows them to use a "Made in Italy" appellation. Let's give them a generous $35 to construct the handbag. As a point of reference, that's about what my company could pay to make a comparable bag in America.Total Cost to Make: $40. Cost to Consumer: $995