Fashion Inflation


by Wendy at August 29, 2007, 12:16 AM

711-101Sb.jpgWould you ever pay $300 for a pair of socks? You might someday. Our willingness to $300 for a pair of jeans opens doors to increased prices everywhere, says Fast Company magazine, which describes exactly how products go from boring staples ($50 Levi's) to luxury must-haves ($300 True Religion) in just a few years.

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Quote of the Day

“"I'll never be about the $20,000 phantom dress that no one wears.”

— Jason Wu, during a private dinner. From WWD.com

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