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How A Handbag Can Cost $38,000

The Tom Ford "Jennifer" bag retails for around $3,000. (neimanmarcus.com)
The Tom Ford "Jennifer" bag retails for around $3,000. (neimanmarcus.com)

In a recent interview with Entertainment Tonight, Oprah Winfrey recounted an incident in an upscale Zurich boutique that she deemed racist.

Winfrey says that when she asked to see a $38,oo0 handbag, the sales associate told her it was too expensive.

The accusation started a media frenzy and led the shop owner, as well as Swiss tourism officials, to make public apologies.

Winfrey has since said, ā€œI’m really sorry that it got blown up.ā€

News of the incident has led some people to wonder, why did this bag cost as much mid range luxury sedan?

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