Red-bottomed shoes

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Christian Louboutin’s trademark red-bottomed shoes have become iconic. Beyoncé wore a custom pair of boots for her Coachella performance and these shoes can cost hundreds or thousands of dollars.

Questions:
1. Where did Christian Louboutin get the idea for the red soles?
2. According to the article, what combination of factors makes the shoes so expensive?
3. What factors do you think that Christian Louboutin depends upon to stay in business?
4. Would you ever spend the money for Christian Louboutin’s shoes? When and why or why not?

Source:
Fierberg, E. (2018) Why Louboutin shoes are so expensive. Business Insider, Oct. 3 (Retrievable online at https://www.businessinsider.com/why-christian-louboutin-shoes-are-so-expensive-red-bottoms-heels-2018-9)