Paying Too Much for Designer Fashion?
This entry was posted on 8/29/2006 12:10 PM and is filed under Fashion,Beauty.
"Back in the days before the It-item frenzy, most splurge-worthy purchases were limited to a timeless, high-quality jacket, maybe a Chanel Bouchle version... Now, in the $1000-is-the-new-$100 era, where a bag for less than $1200 is rare and you don't blink at $1100 for a pair of platform pumps... To be a Marc Jacobs grouge goddess from head to toe, you'll have to pile on about eight pieces...tallying up to about $12,000," according to Jenny Levin in an article in Harper's Bazaar ("How Much Is Too Much?" Harper's Bazaar, Sept. 2006, pp. 287-288).
I guess to be chic these days costs a tremendus amount of money, at least for women/ladies/girls. A designer dress can easily cost tens of thousands of dollars! Many are more expensive than a car!! But, alledgedly, people that wear designer clothing are more like collectors, as claimed by Michael Fink, VP and women's fashion director at Saks Fifth Avenue (in the same "How Much Is Too Much" Bazaar article), "If you are a designer customer, you are concerned with exclusivity." So, unless you get famous or something, do these expensive, high-end, designer fashion items increase in value with time?
What do you think?
Shivoham