Luxury fashion is booming, and it reveals a dark truth about the American middle class


#TIA – The super rich and the super poor are calling the shots in fashion these days. 

Luxury fashion is having a moment.

According to a recent report from The NPD Group, dollar sales of luxury fashion in the United States have increased by 50% in recent years, with substantial growth in sales of expensive apparel and footwear.

Read more at Business Insider