There's an old saying that once you've seen a $61,000 polyester jacket, you've seen everything. Still, $68,000 for an embellished baby-doll dress (pictured above on model Cara Delevingne for Saint Laurent's Fall 2013 campaign) seems steep.
That's the mindboggling price Style.com reported in an article about the opening of a new Saint Laurent store in Soho. It's extra jarring because these kinds of prices are seemingly the new norm at the French fashion house: just a couple weeks ago, we spotted an 80% polyester jacket from the label which listed at a similar price point.
It's hard to imagine a customer willing to spend years of college tuition on items that are so trendy, they're already out of style, but as I wrote recently, prices at luxury brands are determined by analysts (sometimes against a designer's wishes) according to what customers will spend on a piece, not what it costs to produce it.
- Cara Delevingne Stars in Hedi Slimane’s Fall 2013 Campaign for Saint Laurent Paris (Forum Buzz)