Fashion taught consumers to recognize logos.
It never taught them to recognize quality.
Most people can identify a luxury brand from across the room but cannot evaluate the fiber, yarn, fabric or construction directly in front of them.
That information gap is very profitable.
Leon Rose puts his arm around his son, Sam, and visibly breaks down in tears after the emotions set in of the Knicks going to the NBA Finals.
This is beautiful stuff. We love you, Leon. Thank you for everything you have done.
h/t: Jordan Brill