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The Imminent Death of Luxury — Transcript

by Bliss Foster · 5,453 words · 784 segments · language en · Watch on YouTube

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  1. 0:00The luxury industry is in such deep
  2. 0:03right now. Like even before the tariff
  3. 0:06thing started, the last 12 months by the
  4. 0:09industry have been dubbed the great
  5. 0:11luxury slowdown. And then the tariffs
  6. 0:13did hit, everybody started to panic and
  7. 0:16those goofy Tik Toks went viral. All of
  8. 0:18it's made in China, bro. During the last
  9. 0:2115 years, the luxury fashion industry
  10. 0:23has gone mainstream. The increased
  11. 0:25amount of money, the presence of the
  12. 0:26internet, and just a larger number of
  13. 0:28eyeballs has changed the industry in a
  14. 0:30massive way. Runways are a lot more
  15. 0:33theatrical than they used to be.
  16. 0:35Designers are expected to be
  17. 0:37worldbuilders, much more so than in the
  18. 0:39past, and the number of ways that we can
  19. 0:41engage with a fashion brand has
  20. 0:43increased. Miumu will sell you books
  21. 0:46occasionally. Uh Christian Dior wants to
  22. 0:48sell you overpriced cappuccinos. Mesa
  23. 0:50Margela did a crypto thing at one point.
  24. 0:53and Balenciaga made a very strange video
  25. 0:55game. During luxury's rise to the
  26. 0:58mainstream, there have been two primary
  27. 1:00camps of commentary. One is asking what
  28. 1:03even is luxury? Like if we get really
  29. 1:06specific, what does or does not qualify
  30. 1:08as luxury? The other camp doesn't really
  31. 1:11care what the definition of luxury is.
  32. 1:13It just knows that at some point very
  33. 1:15soon, the luxury industry is going to
  34. 1:17collapse completely. Let's focus on the
  35. 1:19collapse first. Critics vary in how they
  36. 1:22think the luxury industry is going to
  37. 1:23collapse, but all things equal, the the
  38. 1:26predicted collapse is pretty easy to
  39. 1:27explain. The logic goes like this.
  40. 1:29Luxury companies are like pretty much
  41. 1:32every other company in that they are
  42. 1:34driven by profit and growth. Most of the
  43. 1:37household names of luxury are publicly
  44. 1:39traded even. So that push for profit and
  45. 1:41growth is even stronger than it would be
  46. 1:43at like a little mom and pop shop
  47. 1:45company, right? Okay. So, luxury
  48. 1:47companies, whether they're in fashion or
  49. 1:49booze or cruises or popsicles, all
  50. 1:52luxury companies essentially offer the
  51. 1:54same
  52. 1:56thing. Specialness. That That sounds
  53. 1:59horrible on camera, but I mean, you
  54. 2:02understand what I mean, right?
  55. 2:03Specialness. That's That's what they
  56. 2:04give you. You said you need a wallet.
  57. 2:07All right. This way, Miss We have such a
  58. 2:09special wallet for you. Do you need a
  59. 2:11jacket? Wait until you see this jacket.
  60. 2:14Do you need decorative bars of soap for
  61. 2:16your guest bathroom? Well, we have
  62. 2:17decorative bars of soap that are going
  63. 2:19to kick your dick off. Okay, so the
  64. 2:21luxury fashion industry creates special
  65. 2:23things, right? Okay, so the people that
  66. 2:25are predicting that luxury is going to
  67. 2:26have this massive collapse and downfall
  68. 2:28would say that specialness and profit
  69. 2:31and growth that these things can't
  70. 2:33coexist for forever. They predict that
  71. 2:36at some point, maybe even here in the
  72. 2:39present, the once special offerings of
  73. 2:42luxury brands will be quietly replaced
  74. 2:46with injection molded plastic [ __ ] If
  75. 2:49that was true, then like once the secret
  76. 2:51gets out, everybody's been tricked.
  77. 2:53Luxury is a myth. There can be no luxury
  78. 2:56industry after that. If you're new here,
  79. 2:58hi. My name is Bliss. That's my wife
  80. 3:00Daniela behind the camera. We are
  81. 3:02independent fashion critics. Every
  82. 3:04season we fly out to Paris for fashion
  83. 3:06week and cover it in just unbelievable
  84. 3:10detail. We have dedicated our careers to
  85. 3:12documenting, studying, and analyzing the
  86. 3:15work of contemporary fashion designers.
  87. 3:17We conduct interviews with them. We
  88. 3:19attend more runway shows than any other
  89. 3:21critics or journalists in the industry.
  90. 3:24And we spend every waking minute
  91. 3:27thinking about clothes. If you haven't
  92. 3:29seen Work by Us before, I strongly
  93. 3:31encourage you to subscribe. And I
  94. 3:32especially encourage you to subscribe if
  95. 3:34you're not really like a fashion person.
  96. 3:37I feel like the industry has done a
  97. 3:39terrible job of marketing itself to
  98. 3:42people who are not already obsessed with
  99. 3:43it. And while there is definitely some
  100. 3:45hilariously bad fashion design out
  101. 3:47there, there's also some really
  102. 3:49beautiful and kick-ass stuff that is
  103. 3:51absolutely worth seeing. I did feel like
  104. 3:53we needed to like offer some context as
  105. 3:55to our qualifications about this before
  106. 3:57we actually talk about it. And now I'm
  107. 3:58sure everybody is just like, "Wow, he's
  108. 4:00a fashion critic. That's crazy. Oh my
  109. 4:03gosh, so cool." Okay, so in order to
  110. 4:05understand where the luxury industry
  111. 4:07might be going, we need to go back
  112. 4:09before the mainstreamification of the
  113. 4:11luxury industry. Gear shift time. You
  114. 4:13know how like a lot of people are really
  115. 4:15mad at Elon Musk right now? Well, none
  116. 4:18of you are as mad at Elon Musk as this
  117. 4:20guy who used to be the richest man in
  118. 4:22the world and is now the fifth richest
  119. 4:24man in the world. WW. His name is
  120. 4:27Bernard Arno and he has changed the
  121. 4:29fashion industry more than any designer
  122. 4:32could even think about changing it.
  123. 4:34Bernard owns a multinational
  124. 4:36conglomerate called LVMH. A
  125. 4:39multinational conglomerate is basically
  126. 4:41just a company that owns a lot of other
  127. 4:43companies. LVMH stands for Louis Vuitton
  128. 4:46Moet Hennessy, but really they're being
  129. 4:49modest because LVMH owns or owns stake
  130. 4:51in a metric [ __ ] ton of companies. I am
  131. 4:55gonna way oversimplify things here, but
  132. 4:57when Bernard Arno was acquiring or
  133. 4:59acquiring majority stake in most of
  134. 5:01these companies, they were in a really
  135. 5:03bad place financially. The the luxury
  136. 5:06business was very different at that
  137. 5:07time. Selling ultra nice products to
  138. 5:09ultra wealthy people was a great
  139. 5:11business model around the year like
  140. 5:131900. But as you get up into the 1980s
  141. 5:16and the 1990s, it's not working so well.
  142. 5:19So, Bernard Arno introduced a new
  143. 5:21strategy. And there are two parts of
  144. 5:22this strategy that are relevant for this
  145. 5:24video. The first part is that they were
  146. 5:26going to focus on products that were
  147. 5:29very expensive, but that most people
  148. 5:32could technically afford. Like an
  149. 5:34example here in the present would be
  150. 5:36that most American adults could
  151. 5:38technically through cash or credit
  152. 5:40afford an $800 t-shirt or a $90 tube of
  153. 5:44lipstick. Train. Pause for train. Ladies
  154. 5:48and gentlemen, the train
  155. 5:54Now, it's probably not responsible for
  156. 5:56most people to do that, but it's not
  157. 5:58like a Ferrari or like a beach house in
  158. 6:00the Maldes where it's like, I don't even
  159. 6:02know how I would come up with that
  160. 6:04quantity of money. Like, most folks,
  161. 6:06even if it's irresponsible, can push
  162. 6:08together a couple hundred for some Gucci
  163. 6:09slides, right? How do three grown men
  164. 6:11not have $800 between them? When people
  165. 6:14use the term the great luxury slowdown,
  166. 6:16they are referring to fewer people
  167. 6:18participating in this business model.
  168. 6:20There are fewer people spending a few
  169. 6:22hundred on small luxury items. The
  170. 6:25second part of Bernard Arno's strategy
  171. 6:27is the hype machine. I really like this
  172. 6:29part. Bernard saw that the runway
  173. 6:32presentations at famous Parisian fashion
  174. 6:34houses like Christian Dior and Gioveni
  175. 6:37that they were losing a ton of money.
  176. 6:39And as a good businessman, of course, he
  177. 6:41would want to cut out the part of the
  178. 6:43business that makes no money but costs a
  179. 6:45lot of money, right? No. Importantly,
  180. 6:48Bernard did not care that the runway
  181. 6:50shows lost money. He considered that to
  182. 6:52be part of their advertising budget. In
  183. 6:55fact, he wanted those runway shows to
  184. 6:56get bigger, louder. He wanted to spend
  185. 6:58more money on them. He even hired young,
  186. 7:01controversial fashion designers to do
  187. 7:03the work at these historic houses. You
  188. 7:05may have heard of some of them,
  189. 7:06Alexander McQueen and John Galliano. To
  190. 7:09create hype and newness at these fashion
  191. 7:11houses, Arno made these brands places
  192. 7:14where the audience would come to see
  193. 7:16radical artistic statements. Runway
  194. 7:19shows were not for shopping anymore than
  195. 7:21walking through a museum is shopping.
  196. 7:23Are no positioned runway shows as a
  197. 7:25place where the audience could dream and
  198. 7:29feel. The audience who watches a
  199. 7:31recording of a runway show or or goes to
  200. 7:33attend one in person should walk away
  201. 7:35having had a moving emotional experience
  202. 7:39similar to a great movie or a great
  203. 7:41stage play. Shout out Dana Thomas, one
  204. 7:43of the greatest fashion writers of all
  205. 7:45time. If you want to hear more about
  206. 7:47that story generally, you should read
  207. 7:48Deluxe: How Luxury Lost Its Luster. It's
  208. 7:51fantastic book and Dana is such a nice
  209. 7:53lady. I've talked to her a few times.
  210. 7:54She's really cool. But do not read that
  211. 7:56book yet because I really want to
  212. 7:57emphasize something.
  213. 7:59What what is the actual definition of
  214. 8:02luxury? I want you to hold it in your
  215. 8:04head. If you if you have a preconceived
  216. 8:06definition of what luxury is, write it
  217. 8:08down. Hold it in your head very
  218. 8:10purposefully because it's going to
  219. 8:12become important later. Second question,
  220. 8:14do you personally own a luxury item?
  221. 8:18Like, do you own something that someone
  222. 8:20else, a stranger, would look at and say
  223. 8:22objectively like, "Oh my goodness, how
  224. 8:23luxurious. Wow, that's very nice." If
  225. 8:25you don't own something that is like
  226. 8:27objectively luxurious, do you instead
  227. 8:29maybe own something that is luxurious,
  228. 8:31but that luxury is only known to you and
  229. 8:34maybe a few others? Like this would be
  230. 8:37something like um your father's battery
  231. 8:40powered watch that only is worth maybe
  232. 8:4245 bucks, but is important to you
  233. 8:44because it belonged to your father or
  234. 8:46maybe a quilt that your grandmother made
  235. 8:49or maybe just a photograph of a loved
  236. 8:51one that is no longer with you. I own
  237. 8:55something like that. This is a small
  238. 8:57chicken figurine that is made out of
  239. 8:59carved stone. The texture of the stone
  240. 9:01is incredible and the weight of the
  241. 9:03whole object is really pleasing in the
  242. 9:06hand. My dad got this for me when he was
  243. 9:08traveling for a job that he had around
  244. 9:10the time that I was born. My father quit
  245. 9:12that job because it required him to
  246. 9:14travel internationally so much and he
  247. 9:16wanted to devote more time to being
  248. 9:18present as a dad. My father loves
  249. 9:21traveling and he really loved doing the
  250. 9:23work that he was doing. Like for my dad
  251. 9:25to give up that job was a huge
  252. 9:27sacrifice, but my brothers and I have
  253. 9:29benefited enormously from having our dad
  254. 9:32home with us every night when we were
  255. 9:33growing up. Is that luxurious? Because
  256. 9:36monetarily it's worthless. Like if I
  257. 9:38gave it to someone else, even if I
  258. 9:40explained that story to them, it mostly
  259. 9:43I think would still be worthless. The
  260. 9:45definition of luxury is inherently very
  261. 9:49slippery. It means different things to
  262. 9:51different people. But maybe that
  263. 9:53slipperiness is just there because of
  264. 9:55sentimental value. Like obviously my
  265. 9:58relationship with my dad is something
  266. 10:00that cannot be commodified and sold to
  267. 10:02other people. So if we remove
  268. 10:04sentimental value from the equation, is
  269. 10:07the definition of luxury suddenly very
  270. 10:09clear? For those of you who do own an
  271. 10:12item that a stranger would objectively
  272. 10:14think is luxurious, I still want you to
  273. 10:17hold that item in your head. And I want
  274. 10:19everyone to still remember what your
  275. 10:21definition of luxury is. Keep that in
  276. 10:23your head. Write it down if you can. I'm
  277. 10:24really hoping this is going to [ __ ] you
  278. 10:26up. Hang with me. Rick Owens and
  279. 10:29Chanel. Are both of these companies
  280. 10:32luxury? Like obviously the audiences of
  281. 10:35these companies couldn't be any more
  282. 10:37different but are they both luxury
  283. 10:41companies? I would like to propose a
  284. 10:43radical new definition of luxury. The
  285. 10:46global household names of luxury would
  286. 10:49like us to believe that the definition
  287. 10:50of luxury is not slippery. They would
  288. 10:54like us to believe that luxury is just a
  289. 10:57vertical sliding scale of niceness that
  290. 11:00correlates to cost. The more you spend
  291. 11:02on something, the nicer the thing is and
  292. 11:05the more luxurious it is. That's it. At
  293. 11:08the bottom of the scale is Primark,
  294. 11:10Walmart, Sheen, H&M, and at the top is
  295. 11:12all the brand names that your grandma
  296. 11:14can list off. Gucci, Louis, Prada, etc.
  297. 11:16Those huge household names benefit
  298. 11:18greatly from you holding the belief that
  299. 11:21luxury brands can be ranked according to
  300. 11:24how nice they are. And that ranking is
  301. 11:26all you would need to know as a luxury
  302. 11:28customer. Because if luxury is just a
  303. 11:30sliding scale of niceness, then the
  304. 11:32brands with the biggest stores in the
  305. 11:34Dubai Mall can always win. Luxury must
  306. 11:36be a contest and the biggest brands must
  307. 11:39be the luxury allstars. Okay, well, [ __ ]
  308. 11:42that. This is my definition of luxury.
  309. 11:45All luxury companies are just businesses
  310. 11:48that have a lot of extra time and have a
  311. 11:51lot of extra money. The identity of that
  312. 11:54luxury brand is determined by how they
  313. 11:57choose to spend the time and the money.
  314. 12:00By contrast, a normal non-luxury company
  315. 12:03does not have an enormous amount of
  316. 12:05extra time and money. Like uh Bick, the
  317. 12:09lighter company that also makes like
  318. 12:11razors and pens and stuff. So that
  319. 12:13company pretty much all their time and
  320. 12:15money is put into making sure that their
  321. 12:17products can be as low cost as possible
  322. 12:19so that they can just be utilitarian for
  323. 12:21their customers. If there is any extra
  324. 12:23money, it just goes to the CEO or the
  325. 12:25board of directors or whatever. But a
  326. 12:27luxury company charges a huge premium so
  327. 12:30that they can have a great deal of extra
  328. 12:32time and money. How are those resources
  329. 12:36spent? I want to give a wide variety of
  330. 12:39examples of how luxury companies can
  331. 12:42spend their time and money so that you
  332. 12:45as a customer can start to make up your
  333. 12:48mind as to what you do expect from a
  334. 12:52luxury company. We will start with the
  335. 12:54row. The legendary American fashion
  336. 12:57brand by the Olsen twins hosts two
  337. 12:59runway shows per year that are done just
  338. 13:01during the standard Women's Paris
  339. 13:03Fashion Week. They only invite a few
  340. 13:05dozen people to the presentation and
  341. 13:07there is no video allowed at all
  342. 13:11including cell phones. Now a lot of
  343. 13:13people watching this probably are
  344. 13:15already aware of this and a lot of
  345. 13:17commentary online seems to be sort of
  346. 13:19rolling its eyes at this as if it's some
  347. 13:22kind of gimmick and Daniela and I have
  348. 13:25never thought of this as a gimmick. It
  349. 13:26is one of the strongest statements that
  350. 13:28a luxury fashion brand can make because
  351. 13:31committing to a runway show is
  352. 13:33unbelievably expensive and timeconuming.
  353. 13:37Most consultants and business people in
  354. 13:39the industry say that a runway show must
  355. 13:42be digital first in order for it to be
  356. 13:45anywhere close to worth it. And that
  357. 13:47means that they are practically begging
  358. 13:50all attendees to have their phones out
  359. 13:52the entire please go live if you can.
  360. 13:54Instagram, Facebook, bring multiple
  361. 13:55phones if you can. Go live everywhere if
  362. 13:57you if you're able to. Thank you so
  363. 13:58much. And that's fine. I mean, we run a
  364. 14:00media company. Danielle and I love
  365. 14:01documenting runway shows, but when you
  366. 14:04go to as many as we do, you do kind of
  367. 14:07start to yearn for just one where
  368. 14:11everyone sits quietly together in the
  369. 14:14room and they are present with the music
  370. 14:16and the clothes. This is not a gimmick.
  371. 14:20Now, how would that fit into the sliding
  372. 14:23scale of niceness? I mean, if you go
  373. 14:25into a household name luxury store, they
  374. 14:28got the runway show in the flat screen
  375. 14:30TV that is bigger than any flat screen
  376. 14:32TV that you've ever seen that is
  377. 14:33beautifully like embedded into the
  378. 14:35marble wall. And that [ __ ] plays on loop
  379. 14:37all day long. Okay, switching examples.
  380. 14:40If you watch this channel a lot, I'm
  381. 14:41sure you already know about the Margela
  382. 14:43replica line. Most people at least have
  383. 14:45heard of the GATS. Those stand for
  384. 14:47German Army Trainers. Those are part of
  385. 14:49a larger line that is referred to as
  386. 14:52replica. That project involved members
  387. 14:54of the design team finding vintage
  388. 14:56clothes and then taking them to their
  389. 14:58manufacturers and saying, "I want you to
  390. 15:00make this vintage piece new as close to
  391. 15:04the original as you can." Now, of
  392. 15:06course, all designers are inspired by
  393. 15:09vintage garments, but the Maison wanted
  394. 15:11to pay tribute to those beautiful gems
  395. 15:14of unknown origin such that they would
  396. 15:16recreate them. exactly the way they were
  397. 15:20but brand new. The manufacturing
  398. 15:22challenges with that are massive. You
  399. 15:24don't know exactly what the material
  400. 15:26composition is because it was a vintage
  401. 15:28item in the '90s and so there is no care
  402. 15:31label on it. How was the fabric dyed?
  403. 15:33What type of dye was it? Was it just a
  404. 15:35standard dye that was off the shelf at a
  405. 15:37dye shop or did they have to mix up a
  406. 15:38special dye just for that garment?
  407. 15:40Trying to triangulate those answers
  408. 15:42takes an enormous amount of time and
  409. 15:45money just because of trial and error.
  410. 15:47The replica line was a massive part of
  411. 15:50what set Mesa Martin Margella apart from
  412. 15:52its luxury competitors. Oh my gosh,
  413. 15:55speaking of luxury, these pants, oh my
  414. 15:57gosh, I am sweating so much. They're so
  415. 15:59cool. I love them so much. They're made
  416. 16:01of like rubberized crazy I haven't
  417. 16:04actually done all the textile research
  418. 16:05on it yet, but they're insane. I love
  419. 16:07them, but oh my gosh, if I sit in them,
  420. 16:09I sweat like an animal. Were you getting
  421. 16:12a little flustered thinking about me
  422. 16:14sweating like an animal? Are you
  423. 16:15disgusted by me? Do you know what
  424. 16:17horseair feels like? Most people have
  425. 16:20never felt horse hair used in a textile
  426. 16:23context. You can't really speed up its
  427. 16:25growth and there's only so many horses
  428. 16:27whose tails can be given a haircut. So,
  429. 16:30if you go into the dressing room at some
  430. 16:32Acuras stores, the entirety of the wall
  431. 16:35of the dressing room is just solid
  432. 16:38horsehair and it feels insane. I happen
  433. 16:42to have a wallet from Acuras that has a
  434. 16:45swatch of solid horsehair on it and it
  435. 16:48also feels insane. So that wallet is
  436. 16:50super cool. I love it. But importantly,
  437. 16:52the dressing room walls are something
  438. 16:55that anyone could experience. If you
  439. 16:58want a crazy tactile experience, you can
  440. 17:00go into an Acura store and go into the
  441. 17:03dressing room and just feel the walls.
  442. 17:06And while you're there, you can also
  443. 17:08check out some of the most considered
  444. 17:09clothes in the world. Danielle and I
  445. 17:11were recently among the first people to
  446. 17:13visit the actual Seline Metier in
  447. 17:16Florence. For many Americans, this would
  448. 17:18just be called a factory, but if you
  449. 17:20like close your eyes and imagine in your
  450. 17:22mind palace a factory, it is the
  451. 17:25opposite of what this place actually
  452. 17:27was. This massive room featured almost
  453. 17:30entirely glass walls that overlook the
  454. 17:32Italian countryside. Okay, so that is a
  455. 17:34perk that belongs only to the employees
  456. 17:37who work there. Again, Danielle and I
  457. 17:38were part of the first group of
  458. 17:40outsiders to ever visit that Metsier.
  459. 17:43But when you buy a luxury product, you
  460. 17:46do assume that this is what you would
  461. 17:49find in the manufacturing. At least
  462. 17:51that's what one would hope. Or is a
  463. 17:54small Japanese fashion brand that's
  464. 17:56relatively new to the Paris Fashion Week
  465. 17:58calendar. Their luxury identity is
  466. 18:00shaped by the fact that they develop all
  467. 18:02of their own fabrics. In a recent
  468. 18:04interview with the designer, I was told
  469. 18:06that they recently developed a cashmere
  470. 18:08moles skin. I didn't even realize that
  471. 18:10was possible. Developing custom fabrics
  472. 18:12is not necessarily a better choice in
  473. 18:15all situations, but it is if you want
  474. 18:17that level of freedom in your design
  475. 18:20decision-m. Way on the other side of
  476. 18:22Japanese sensibilities is a brand called
  477. 18:24Dubé. They're a brand that invests an
  478. 18:27enormous amount of time creating these
  479. 18:29bizarre crossword puzzle style wordplay
  480. 18:32jokes in their runway shows. Every
  481. 18:35review that we have done of a Dubé show,
  482. 18:37which is like five, four or five now,
  483. 18:40every review has just been me trying to
  484. 18:42explain each of these jokes as quickly
  485. 18:44as possible so we get all of them in.
  486. 18:46Car is a French brand that's currently
  487. 18:48creatively directed by Nicola D.
  488. 18:50Feliche. his shows are outstanding works
  489. 18:53of art on their own. And something that
  490. 18:55Daniellea and I have emphasized a
  491. 18:56million times is how excellently cut his
  492. 18:59clothes are. Nicola told us recently
  493. 19:02that he doesn't allow anyone to copy
  494. 19:04patterns from the archives. All
  495. 19:06patterns, even when they're based on
  496. 19:08previous patterns, must be recut by the
  497. 19:11internal team. He says he wants a modern
  498. 19:14sensibility to always be a part of the
  499. 19:17clothes. That extra cutting, you'd be
  500. 19:19surprised. It takes a lot of time and a
  501. 19:22lot of money. IRA is a brand based out
  502. 19:24of LA that reflects a great deal on
  503. 19:26life, death, and living purposefully.
  504. 19:29Their very first runway presentation was
  505. 19:32a performance art piece that involved no
  506. 19:34models and only had the designer, Drew,
  507. 19:37along with another guy hanging the
  508. 19:39garments up one by one in a room that
  509. 19:41simulated Mother Teresa's House of the
  510. 19:44Dying. Another performance piece saw
  511. 19:46Drew sitting silently for hours and
  512. 19:48hours with no breaks while everyone who
  513. 19:51came to the showroom tried on the
  514. 19:53collection on camera. Later on, Drew
  515. 19:55wanted to do a sneaker collaboration
  516. 19:57that involved taking a mass market
  517. 20:00sneaker model and wrapping it in what's
  518. 20:02called Cotti gauze from India. He then
  519. 20:05encouraged the buyer to set the shoes on
  520. 20:06fire so that the gauze could choose the
  521. 20:08path and intensity of the fire. Then
  522. 20:11when it burns out, you have a
  523. 20:13mass-roduced sneaker that is as unique
  524. 20:15as your own fingerprint. After that idea
  525. 20:17got rejected by every single shoe brand
  526. 20:19on Earth for legal reasons, obviously,
  527. 20:22he finally got AS6 to agree to do a
  528. 20:25very, very small run of those sneakers,
  529. 20:28and I actually own two of them. I
  530. 20:30haven't asked Drew purposefully about
  531. 20:32this, but I feel very confident he made
  532. 20:34no money from that collaboration
  533. 20:36whatsoever. I think that just fire and
  534. 20:40loss and sacrifice, these are just
  535. 20:42things that Drew thinks about a lot and
  536. 20:44he wanted to represent that in work that
  537. 20:46got to go out into the world and live
  538. 20:48its own life. We have multiple awesome
  539. 20:50interviews with Drew up on our Patreon
  540. 20:52and we even have a little documentary
  541. 20:54that talks about the performance art
  542. 20:55piece where he sat very silently in a
  543. 20:57room for a long time. If you want, you
  544. 20:58can go check those out. A luxury
  545. 21:00identity is defined by how you choose to
  546. 21:04spend your extra time and money. Chanel
  547. 21:08owns what is called the Metier Dart,
  548. 21:11which just means that they own a number
  549. 21:13of artisal French companies that make
  550. 21:16very specific things. They own a French
  551. 21:18shoe maker. They own a French glove
  552. 21:21maker. They own a French house that that
  553. 21:23just does beautiful traditional
  554. 21:25pleading. A few others. And of course,
  555. 21:27the most famous member of the Metier
  556. 21:29Dart is Mison Lass who makes some of the
  557. 21:33most beautiful tweed in the whole world.
  558. 21:36Personally, I have been in the K store,
  559. 21:39which is the Metier that makes all of
  560. 21:40their gloves, and I can assure you it is
  561. 21:44not making any money. This is a passion
  562. 21:46project to keep craft alive in France.
  563. 21:49I'm extremely grateful that the Metsier
  564. 21:51Dart exists. Shifting gears, awesome
  565. 21:53story here. I recently spoke to a woman
  566. 21:56who worked for Brunello Cuchinelli as a
  567. 21:58retail employee in the United States for
  568. 22:00a number of years. She talked to me for
  569. 22:02a solid hour about how fantastic it was
  570. 22:05to work for that company. The thing that
  571. 22:07I remember most from that conversation
  572. 22:08is her describing Mr. Cuchinelli's
  573. 22:11Christmas gifts to all employees all
  574. 22:13around the world. He will hand select
  575. 22:16hardcover books and send it to them,
  576. 22:18just books that he thinks should be in
  577. 22:20their library. and she told me that
  578. 22:22every year she would take those books
  579. 22:24and spend the first couple of months of
  580. 22:26the new year reading them to her
  581. 22:28daughters. Now again, much like the
  582. 22:30Seline story, that is something that is
  583. 22:32only bannounced to the employees, but I
  584. 22:34guarantee you that if you went and
  585. 22:36talked to someone who buys a lot of
  586. 22:38Coochinelli, if you ask them, why do you
  587. 22:40love this brand so much? They would at
  588. 22:42some point bring up an employee story. I
  589. 22:45guarantee it. This one applies to any
  590. 22:47and all brands, whether they're massive
  591. 22:49or very small. But having an archive of
  592. 22:52your own work is so much rarer than you
  593. 22:55would think it would be. Like most
  594. 22:57brands that you are a fan of do not have
  595. 22:59any kind of physical archive of their
  596. 23:01own work. The reason for that is because
  597. 23:03it is insanely expensive and it is so
  598. 23:05timeconuming. Like I I was told one time
  599. 23:08by a global conglomerated brand that you
  600. 23:12have definitely heard of that I was not
  601. 23:13allowed to go see their archive because
  602. 23:16it was just a bunch of cardboard boxes
  603. 23:18closed in a rented basement. All that
  604. 23:21said, the best in-house physical archive
  605. 23:23that I have ever seen in person is at
  606. 23:26the Jeffrey B. Small headquarters in
  607. 23:28Kartzer, Italy. And I can't show you
  608. 23:30footage of that right now because we
  609. 23:31have a very largecale project involving
  610. 23:34that company coming soon. Okay, you want
  611. 23:37to see what my Anon Ree deer runway
  612. 23:38invitations look like? This one was the
  613. 23:40invite to the car garage show, one of
  614. 23:43their best collections ever. This is a
  615. 23:44real wax seal and this is a distressed
  616. 23:48reprinting of Christian F the book in
  617. 23:51Hebrew. The OG copies of the Hebrew
  618. 23:54printing go for hundreds on eBay. So,
  619. 23:56erd did their own illegal reprint. They
  620. 24:00did a great deal of hand distressing on
  621. 24:02each copy, added a couple of small
  622. 24:04details for the heads, and then they
  623. 24:07distributed them for free in the form of
  624. 24:09runway invitations. We got that like the
  625. 24:12thing that could just be a piece of
  626. 24:14paper that says my name. You're invited
  627. 24:17to spring, summer, whatever at this
  628. 24:19location, at this time, on this date.
  629. 24:21Thank you. Like, that's what it could
  630. 24:23be. and instead they made this. The
  631. 24:26following runway show, the one with the
  632. 24:28cages, we got a very nice printing of
  633. 24:31Henry's collage work. Physical collage
  634. 24:34is apparently a daily part of Henry's
  635. 24:37artistic practice. And of course, the
  636. 24:39newest invitation, a child's composition
  637. 24:42book that has been heavily
  638. 24:44handdistressed and features more collage
  639. 24:46work that's meant to kind of illuminate
  640. 24:48the runway collection that featured the
  641. 24:51cardboard tanks. A lot of this stuff
  642. 24:53can't really be sold, I imagine, for
  643. 24:55copyright reasons, but this is kind of
  644. 24:57what Henry does. He has to collage. And
  645. 25:00having an outlet for that work is
  646. 25:02awesome. And speaking of runway
  647. 25:04invitations, do you want to see some
  648. 25:05other [ __ ] crazy runway invitations?
  649. 25:07Let me just open up my filing cabinet
  650. 25:10where I keep all of the extra little
  651. 25:12things from every brand that we interact
  652. 25:14with. AZ Factory RIP did a residency
  653. 25:17with fashion designer Lutz Hull where
  654. 25:20they curated old 45s and stamped the
  655. 25:23runway invitation details onto them.
  656. 25:25Raul Mishra has these invitations that
  657. 25:27feature different insects. I went around
  658. 25:30after the show to pick up a few extras
  659. 25:31off the floor so that I could have a
  660. 25:33full set. These are especially
  661. 25:35beautiful. I love them. EA Miyak always
  662. 25:37does the craziest invitations possible.
  663. 25:41special paper, experimental textile
  664. 25:43samples, crazy graphic design. We could
  665. 25:45do a whole segment just about these.
  666. 25:47Another incredible runway handout was
  667. 25:49the White Mountaineering book. During
  668. 25:51co, the designer at White Mountaineering
  669. 25:53named Yosuk Aawa built himself an
  670. 25:56isolated vacation home and learned a lot
  671. 25:59about adventuring and mountain climbing
  672. 26:01from his friend Naoki, who has climbed
  673. 26:03Everest before. When Naoki is going on
  674. 26:06adventures, he takes photos of the trip
  675. 26:09and White Mountaineering for one of
  676. 26:10their runway shows published decades old
  677. 26:13photos from a trip to ascend Manisloo
  678. 26:17Mountain. Love that he found such a
  679. 26:19succinct, beautiful way to pay tribute
  680. 26:21to that source of inspiration. Lee does
  681. 26:24a great deal of promotion of handcrafted
  682. 26:27things. They have their annual craft
  683. 26:29prize and the crafters that are close to
  684. 26:32Lee build a lot of the very beautiful
  685. 26:34objects that can then go into Lee's
  686. 26:36retail stores. But I think Jonathan
  687. 26:39Anderson just has this appreciation for
  688. 26:41these just big uselessly beautiful
  689. 26:43things. I mean, he himself has to be so
  690. 26:46focused on product that I've always just
  691. 26:48assumed that this was kind of an escape
  692. 26:50for him. Additionally, Lee's little
  693. 26:52animal bag charms are handcrafted. Um
  694. 26:56Daniela has one that is a little koala
  695. 26:59bear and we've seen other versions of
  696. 27:01the koala bear and they all look so
  697. 27:03different because it's felted wool and
  698. 27:06felting has to be done by hand and so
  699. 27:08all the koalas end up just being very
  700. 27:10different. They all have little
  701. 27:11different personalities. The other
  702. 27:13handmade animal charms are just
  703. 27:15stunningly beautiful. This is one of the
  704. 27:17coolest small offerings that a luxury
  705. 27:19brand has ever offered. I'm obsessed
  706. 27:21with these. I mean look at him. He's
  707. 27:23just a patient gentleman. K de Garson is
  708. 27:25a company that spends an enormous amount
  709. 27:28of resources to support a design process
  710. 27:30that is so complicated that I can't
  711. 27:33really properly summarize it here. We
  712. 27:35made a 45minute video a while back that
  713. 27:38delved very deeply into the design
  714. 27:40process that combin
  715. 27:44essentially spent all of her time and
  716. 27:46money creating a human version of chat
  717. 27:49GPT for her design process. And I mean,
  718. 27:51this can get as specific as you want it
  719. 27:53to. Um, the guy from Rude recently got
  720. 27:56in a lot of trouble because he was
  721. 27:58taking a bunch of private jets and
  722. 28:00showing off that he owned a bunch of
  723. 28:01$100,000 watches. And that is the luxury
  724. 28:05identity of RDE. If you want to go
  725. 28:07support this American bizarro dream of a
  726. 28:11guy that has made so much money that he
  727. 28:13can be like, "Fuck you." to
  728. 28:15everybody, that is a luxury identity.
  729. 28:18And if you like that, you should go
  730. 28:19support it. But for the rest of us, I
  731. 28:22would encourage you to figure out what
  732. 28:24exactly the luxury identity of your
  733. 28:27faves actually is. That's something that
  734. 28:29exists outside of their just visual
  735. 28:32aesthetic. And there is no easy way of
  736. 28:36finding that information about your
  737. 28:38favorite luxury company, by the way. And
  738. 28:40personally, I think that that's rather
  739. 28:42cool. It is a healthy reminder that this
  740. 28:44is not just supposed to be a flippant
  741. 28:46part of our lives. If you have made it
  742. 28:48this far into the video, I want to ask
  743. 28:50you something really
  744. 28:51specific. Do you get meaningful value
  745. 28:55out of what Daniela and I do here? Like
  746. 28:59if you use this to energize you during a
  747. 29:02sewing project, if you watch some of
  748. 29:04these videos twice because you got a lot
  749. 29:07out of them and you want to see if there
  750. 29:08was anything that you missed, or if
  751. 29:10we've just brought up something that has
  752. 29:13stayed with you for a long time. I have
  753. 29:15to remind you that this isn't permanent.
  754. 29:19We would like it to be. I mean, Danielle
  755. 29:20and I really are prepared to bring the
  756. 29:24highest quality fashion content to you
  757. 29:26all that we are able to bring you for
  758. 29:28the rest of our
  759. 29:29lives. But there is no guarantee that we
  760. 29:32can do that if we do not have literal
  761. 29:35financial support. We occasionally make
  762. 29:38little fun videos. I believe the video
  763. 29:40that came out before this one was just
  764. 29:42kind of a a silly like price guessing
  765. 29:44game type of thing. But the majority of
  766. 29:46the content that we push out is meant
  767. 29:49for 100 years from now. And that means
  768. 29:51that in
  769. 29:522125 fashion history students will be
  770. 29:56wondering I I can see the runway shows
  771. 29:59from back then but I don't really
  772. 30:01understand how those connected to
  773. 30:03culture. We are making content for those
  774. 30:06people. Sometimes that goal does not get
  775. 30:09enough clicks to sustain us as a
  776. 30:12business. I mean, you would be surprised
  777. 30:14how little YouTube pays. If you get
  778. 30:16value from this channel, all I ask is
  779. 30:20that you reflect that value onto the
  780. 30:23Patreon. Plus, you get a lot of extra
  781. 30:26stuff, so it's not like you'd be doing
  782. 30:27us a favor. We really appreciate you
  783. 30:29giving us your time today. We don't take
  784. 30:30that for granted. Talk to you soon.

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