The production of counterfeit luxury goods is a criminal offense, and designers have always been vocal in their condemnation of the practice. Last week, Prada chief executive officer (and Miuccia’s husband) Patrizio Bertelli stoked controversy when he shared his opinion on the matter, saying, “Fake goods aren’t totally bad; at least it created jobs at… READ MORE »
We’re broke, we’re unemployed, we owe student loans, we’re living off our parents, we have degrees in things like English and Philosophy, we’re unprecedentedly narcissistic, and as if we couldn’t get any more charming, all the money we do have we spend on luxury goods: welcome to Generation Y, bitches! The millennial epoch, composed of… READ MORE »
Luxury brands make everything, even basic items like playing cards, fancier and pricier. It bags, we understand (sort of), but high-end origami sets? Hèrmes now offers one, which includes sheets of scarf print origami paper, a hand-stitched black saddle leather envelope, and black lacquer box, all for the ridiculous price of $750. We’d rather spend… READ MORE »
The retail industry is getting pretty desperate these days—how many more special events and functions will we see that scream “Oooo! Please, please come shop in our store!” According to the Wall Street Journal, the latest tactic in trying to woo the recessionary customer is to assuage shoppers’ guilt.
In some cases, this… READ MORE »
And now for the latest in the ridiculously overpriced things saga … a pair of Miu Miu socks, featuring embellished doo-dads (no details on what exactly they are, but looks like buttons and aluminum charms to us) on 100 percent cotton.
Guesses? The answer’s after the jump. … READ MORE »