Consumers can mitigate the negative social consequences of wearing luxury items by publicly revealing their passion for the products or brands
The recently concluded and Emmy-nominated American television series “Succession” charted the dynastic struggles of the obnoxiously rich (and just plain obnoxious) Roy family. But despite the characters’ ultra-wealthy status, they’d be far more likely to sport an understated look – think logo-less baseball caps and muted pantsuits – than a monogrammed designer bag or flashy haute couture outfit.
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