April 29, 2010

If you've ever wondered why something costs so much...

Another great mini article from the New York Times called "Why Does This Pair of Pants Cost $550?" A great read even if the issue is oversimplified. The bottom line? It pays to know what you are willing to pay extra for (for me, great materials and fit) and what you might not care about (a logo, perchance).
EVEN in a season when designers made no secret about reining in prices to appeal to the newly chastened luxury consumer, it is still possible to walk into a store and wonder what exactly they were thinking when a pair of khaki cotton pants — right there on the hanger, no special packaging or 3G plan or anything — can cost as much as an iPad.

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