How A Handbag Can Cost $38,00004:19
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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, "I'm really sorry that it got blown up."

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

Guest

This segment aired on August 14, 2013.

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