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smartIn today’s New York Times, fashion commentator Vanessa Friedman coined a new term (with the help of one of her readers): smart luxury. Friedman uses the term to describe designer Tomas Maier’s new aesthetically luxurious styles that don’t carry a luxury price tag. Friedman suggests ‘smart luxury’ could serve double duty as a substitute for the less pleasant sounding ‘wearables’. Who wouldn’t want to buy smart luxury?

What are your thoughts? Is ‘smart luxury’ a phrase that will catch on? (Read the New York Time’s article here.)

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