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Millions lost their jobs due to the pandemic and the resultingcost of livingspikes and economic fallout.
2021 and 2022 were blockbuster years for the luxury industry, says Lauren Sherman, fashion correspondent atPuck News.
The biggest years theyve ever had ever.
Here are10 luxury brands you should avoid wasting money on.
Your bank account will thank you.
Unless youre an audiophile, the sound quality doesnt justify the sky-high price tag.
The best reason for buying Rolexes these days is as an investment.
Rolls-Royce is often touted as the pinnacle of opulence and prestige.
Hermes
Luxury brands like Hermes are not always worth the hefty price tag… or the wait.
As The List claims, theres a two-year wait for its flagship product: the Hermes Birkin purse.
While the craftsmanship and exclusivity are appealing, consumers are often better off investing their money elsewhere.
In most cases, youll findbetter value and qualityin more affordable alternatives that meet your needs just as effectively.
Tiffany & Co.

Since its 1990s heyday, the influential brand has even seen demand for its famous handbags plummet.
Again, we are talking about an accessory that is supposed to be functional.
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