All the same, it seems to me that the price of 250 euros for a simple bow tie is somewhat overestimated. Yes, I understand, unique design, good materials, limited edition. But there will be few buyers.
Luxury products by nature attracts few buyers. That's clearly because most consumers are rational and spend money on items that give them maximum satisfaction. The utility potential of a product is considered before making purchase and a rational consumer carries out a cost - benefit analysis before settling for a product.