Is Luxury Fashion in Trouble?

The Totebag

by Honolulu Mother

This Daily Beast article on the flagging performance of various luxury fashion brands suggests alternately that luxury brands have saturated the market to the point that they no longer seem, well, like a luxury; that they’ve alienated the consumers who buy the real stuff by focusing more on celebrities who borrow gowns for the Oscars than on the paying customers; and that it’s simply priced itself out of the general clothing market.

Do you think luxury fashion’s time has come and gone, or is this a blip? Is it something you find worth paying for?

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