Is this a joke? $345 for a pair of jeans! Some of us are hopelessly out of touch.
In a recent Good Morning America segment, reporter Marysol Castro detailed an extensive scientific, double-blind, peer-reviewed (not) study pitting a $29 pair of jeans from Old Navy against a $200 pair from Sacks Fifth Avenue. We got a glimpse of one price tag that read $345.00.
One woman claimed to have 2000 pairs of jeans in her closet. And later, Elle Magazine's Fashion News Director, Anne Slowey, actually said, "Most people are charging around $200, so you definitely want to get as much value out of that investment as you can."
No, four shares of Wal-mart will run you about $200, that's an investment. Unless you're name is Levi Strauss, denim is not an investment. Does that woman with 2000 pairs of jeans in her closet realize that at a going rate of $200, she's pissed away several pairs of Sex-and-the-City level designer shoes and handbags? Probably not. ($400,000 for those of you keeping score at home.)