Most well-known “luxury” brands are. Real rich person’s brands won’t even bother selling to the poor. There’s currently a meltdown among the middle class because Hermes is laughing them out of the store. It’s quite funny.
Just to be clear - Hermes is also a fucking waste of money that serves no purpose other than to signal your membership in a club that has no value to society.
Most well-known “luxury” brands are. Real rich person’s brands won’t even bother selling to the poor. There’s currently a meltdown among the middle class because Hermes is laughing them out of the store. It’s quite funny.
Just to be clear - Hermes is also a fucking waste of money that serves no purpose other than to signal your membership in a club that has no value to society.
Yeah, they’re a good example of conspicuous consumption.