Is Luxury fashion worth the price tag?

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Timecodes
0:00 - Introduction
2:13 - The history of Luxury brands
6:18 - How The Luxury Fashion Industry Became All Business
10:26 - Luxury Brand Marketing
12:06 - our lust for expensive things has hit new highs.
13:25 - How luxury brands prey on our psychology
14:21 - The Illusion of luxury and exclusivity
18:33 - Stealth Wealth
20:50 - Outro