I found this true. I used to want to buy luxury designer goods when I didn’t really have the money to buy them.
Now that I work and can afford it…..I haven’t bought them in years. I always feel like it’s a rip off. Not to mention the quality of materials have gone down. Things that were made of leather now are things such as “recycled ocean plastic” or whatever the trend is now. It’s a nice way to say it’s made of trash. Literally trash
Most of my clothes are Uniqlo for daily casual wear Nicer clothes I get tailored to my size. But I don’t buy much clothing anymore.
Some of my friends and their friends as well, once they started to earn like double or 2,5 of the average monthly salary, they immediately started to buy those expensive brands of clothing and some of them leased rather expensive cars as well.
Even though to some degree it might help them in the client’s eyes, still it is quite contrasting to some guy from Dubai I met, who had such ugly t-shirt, that I would not even wipe floor with it (and I wear years old t-shirts at home) and he turned out to be probably at least 100 times richer than these friends in expensive clothes.
I got severely stung and held back for not “flaunting” my pitiful (lack of) wealth. A stores guy rented a Range Rover for a year and they made him director in the time I worked at that place. They refused to EVER promote me even the apprentices leapfrogged me.
I just bought my first suit and it HURT…. $700aud for a work event.
But my lounge around at home clothes are from mostly Kmart. For those not familiar, it’s arguably the worlds best store $4.50aud t-shirts but they sell every household good you can think of
Like Musk, Trump, Zuckerberg, all the party people at Mar-A-Lago- tasteful wealth out, Gilded Age 2 here we come.
“In fact, the reason, I think that Qatar has been so smart about this is the interior decorating style.,” he continued. “It looks like Saddam and Liberace’s decorators got together and said, let’s make a flying brothel that will appeal to Donald Trump.”
The two vessels at the heart of this journey are the Launchpad, a 387-foot yacht valued at $300 million, and the Wingman, a support vessel equipped with a helipad, worth another $30 million. Together, they embarked from the United States, crossing the North Atlantic to reach the icy shores of Norway. These yachts served as a floating base for Zuckerberg and his family, setting the stage for a high-end heliskiing adventure.
In Norway, strict environmental regulations limit helicopter landings for tourism. However, Zuckerberg adeptly navigated these rules. By utilizing the helipad on his yacht instead of landing on Norwegian soil, he sidestepped the legal requirements. This clever maneuver meant that no permits were necessary since the helicopter never touched land.
Too much emphasis on how the market is doing day to day. If you trust the system and the market to deliver as it has, then DCA into indexes and ETFs will get you there.
The trend is to replace virgin polyester with polyester made from recycled plastic bottles or textile waste. Or nylon using recycled fishing nets is common with suppliers in Taiwan.
Replacing plastic made from petroleum vs from recycled materials is a good thing. The ultimate goal is to achieve a closed loop with recycled garments. Send your clothes in and they get recycled into new ones, but the supply chain is complex.
Replacing leather with polyester is a different product. I can’t say thats a trend I’ve noticed.
Uniqlo is fast fashion. I find it ironic that people that complain about sweatshops and brands ripping people off are often the same people that buy fast fashion which are the worst offenders. Not saying that’s you, but it’s a common thread (pun intended).
They literally make disposable clothing in the cheapest, shittiest factories possible. Zara is a little better but Uniqlo and H&M are trash. We are not going to be making this stuff in America any time soon since too many people want cheap cheap cheap and don’t care how it’s made. The Chinese government subsidizes everything to keep those prices low.
I wear clothes that will last forever made with quality materials. So I end up buying less. And I have an appreciation for the craftsmanship since I know what goes into it. Brand is secondary and only a consideration because you know the quality is consistent. At the end of the day, you get what you pay for.
Dubai isn’t exactly known for low key. last time I was there I saw a blurple Wraith - you know,.when your $400k Rolls Royce just isn’t attracting enough attention, get it painted blurple!