Fashion Victim

FASHION VICTIM

Why is fashion becoming more and more expensive and who can really afford these high priced designer labels?

Fashion is becoming more and more expensive with each season, and it can be hard to keep up with the latest designer labels. Whether you’re looking for something off-the-rack or a piece that’s custom-made, prices have risen significantly over the past decade. With a heightened demand for high-end items, it seems like only the wealthy are able to afford these sophisticated pieces. But what’s driving up the cost of fashion? How can others get their hands on designer clothes even if they don’t have the budget to splurge?

 

To kick things off, let’s take a step back and analyze how the fashion industry works. Every season, the world’s most influential designers, models, and stylists come together in a flurry of activity to showcase the latest collections. Runway shows, magazine photoshoots, and promotional campaigns all play a part in launching the newest, hottest trends. The preparation that goes into these events can be immense, which helps explain why fashion is becoming so expensive. From the expensive fabrics and costly marketing campaigns, to the salaries of the numerous people involved, the entire process requires big budgets. In addition, for any designer label to maintain its prestige, it often has to come with an inflated price tag. As such, these brands become exclusive and inaccessible to those without the financial capacity to purchase them.

 

The internet and the rise of e-commerce have also played a part in inflating the prices of fashion. In many ways, the digitalization of the market has made it easier to purchase designer clothing. Thanks to celebrity advertising campaigns, many men and women, including a younger demographic these days, are attracted to big-name brands, which also means designers have to work harder to be competitive and remain profitable. As a result, they often increase their prices in order to maintain their profit margins.

 

So, who can really afford these high priced designer labels? The answer is simple: only those who are willing and able to pay the high prices. That said, how can you get your hands on designer clothing without breaking the bank. The first step is to take advantage of pre-owned luxury found at Renaissance Fine Consignment.

If loving fashion is a crime, we plead guilty.