Two follow-ups from yesterday's post on flaunting wealth or thrift:
Alan Victor, President of Jack Victor (the internationally-renowned, 95-year-old, high-end men's fashion manufacturer) tells me that in China, men don't clip off the designer logo labels on the wrist-cuffs of their suits, but display them as a badge of prestige.
And speaking of China, and men's fashion, how's this for big balls? The Beijing Silk Street Company, a clothing marketplace notorious for selling knock-offs and fake designer-labeled fashion and accessories, is starting its own line of brand-name products.
“For over 30 years we’ve always been selling other people’s clothes,” said George Wang, the market's GM. “We’ve never sold our own.”
As if that's not ballsy enough, Wang is cautioning counterfeiters to stay away from his Silk Street label, warning that rip-off artists will be dealt with "according to the law."
What law he did not elaborate, but you gotta give him major points for chutzpah.