India, Dec. 24 -- Luxury fashion has long been sold as both a status symbol and a smart investment - especially when it comes to high-end handbags that promise exclusivity, longevity and resale value. But as prices climb into the lakhs, a growing question remains: do these coveted pieces truly live up to the hype, or are some luxury buys more about perception than performance?

Olga Vilkova, an online luxury fashion advisor, former designer reseller, and founder of the fashion recommendations platform Threads and Tribulations, has revealed one luxury tote bag that, according to her, simply isn't worth the investment. In an Instagram video shared on December 12, the fashion advisor explains why the Goyard Saint Louis tote bag fails to live...