Wednesday
Apr142021
So Now You Can Buy A $1000 Band Hoodie

High-end design house Balenciaga has teamed up with Rammstein for a merch line. I mean, if you need a thousand dollar hoodie, this is the one to get. I am baffled that Rammstein of all bands is going designer with merch, but whatever. Nothing makes sense anymore!
Rammstein (@RSprachrohr) team with luxury designer @BALENCIAGA for new merch line: https://t.co/t4TCvxnL0A
— Loudwire (@Loudwire) April 14, 2021
Rammstein for Balenciaga Music
— Balenciaga (@BALENCIAGA) April 14, 2021
Limited-Edition Merch
In selected stores and Online
Shop Nowhttps://t.co/bUYBRy4uAT pic.twitter.com/wIWv6MV2VF
Reader Comments (5)
A relative of mine used to make gorgeous wooden bowls through a process called wood-turning and he sold them at the gift shops of a few ski/golf resorts close to where he lived. They sold here and there, but nothing crazy until a friend of his suggested that he jack the price up by 20 or 30x. So instead of selling a bowl for $50, he started selling the same thing for $1000 or more and they began moving like crazy. The ridiculous price tag became a feature of the product.
All that is to say that the free market can be really weird, and I can guarantee that they will sell plenty of $1,000 hoodies to people who have more money than brains.
Also, I'm clearly in the wrong business and should be selling hoodies for $1,000. Or better yet, create digital images of hoodies and sell them as NFTs for thousands more.
And, Bryon, you brought up the single best recent example of civilization's decline: NFTs. Then again, I am making close to 100K a month having people pay to watch me play Dr. Mario. I kid, of course. But that is another one of the horsemen of the apocalypse. And I am so thankful no one has looted my Grocery Outlet store in Second Life!