Comment by bonesss
13 hours ago
At some point moving up the luxury scale the price is less about product and more about buyer psychology.
I can sell a ripped t-shirt, but that same product coming from an upscale exclusive boutique owned by so-and-so’s wife is participation in a whole ecosystem with lots of signalling to other buyers in the same financial strata.
Yep. Some of my pants have rips and visibly bad stitching because I ripped them and am bad at stitching. Then I see people at the same parties buying brand new ripped pants. At least I fit in, I guess.