Luxe Leggings
In this time of high-low dressing, one would think that leggings would be a low-end item, bought to complement expensive coats, tops, jackets, and dresses. It's a bit of a shock, then, to see that this season's staple ranges in price from about $14 to upwards of $1000 (and let's not even mention the $100,000+ leggings on the Balenciaga Spring 2007 runway--they are in a league of their own!).
My first reaction upon coming across reported prices of $652.50 for the leggings in the Fall 2006 Versace campaign to $1098 for cashmere leggings from Ralph Lauren was to ask, somewhat skeptically: how much can a design house really improve on a simple pair of $38 Wolford leggings? How much of the price difference between any of the higher end leggings and a $26 pair from American Apparel can actually be explained by an increase in value, and how much is pure mark up?
To my mind, leggings are not like the perfect tee, which is well worth an extra $100. For the most part, they aren't covetable novelty items (like the grey Prada stockings of Spring 2006 which Style Bubble "got her mits on" for a little over $100) either.
I suppose if you have the budget to pay over $2,000 for a dress from Derek Lam you might be willing to spring for the $490 Merino wool leggings; after all, they are Merino wool.
As an economist-in-training, I think that even if I did splurge on a thousand dollar coat to be worn with leggings, I would not pay five hundred dollars for leggings, ever--I'd much rather invest the money in a pair of ankle boots to go with the ensemble. We all shop with a budget constraint, after all!
How much is a pair of leggings worth to you?
egads $1,000 for leggings? i guess that's what happens when people have too much money and leisure time.
Posted by: jinius | November 16, 2006 at 11:28 AM
Leggings are not worth too much for me, unless they are cashmere, so I get the ones by Danskin for around $35.
Posted by: Peppers | November 16, 2006 at 02:33 PM
I'd say $50..maximum.
Posted by: Hebden9 | November 17, 2006 at 09:13 PM
$1K for leggings?!
Some people have too much money.
Unless they are gold plated (or as you said, Merino wool), I doubt there will be much of a difference in quality, whether you pay $25 or $525.
Posted by: eurobrat | November 18, 2006 at 10:04 AM
I swear by Danskins. They are extremely comfortable-you can get them with/without feet, matte or shiny, all for about $30.00
If I am in the mood for luxe, I will wear Wolford's at $75.00. They are worth it, though, as they have NO seams anywhere, great for body-hugging clothes.
No way, even if I had the money, would I spend that crazy kinda money for tights.
Posted by: Elaine | November 22, 2006 at 11:06 PM
Leggins are so in, they are out. Whoever spends that much money on a passé item is an idiot.
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