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Is streetwear tearing down the luxury industry — one hoodie at a time?

Streetwear is the booming luxury segment right now, but will it blow up the industry’s history or add a new chapter to it? Image credit: Shutterstock Streetwear is the booming luxury segment right now, but will it blow up the industry’s history or add a new chapter to it? Image credit: Shutterstock

 

By Adina-Laura Achim

Hoodies, tracksuits, T-shirts and sweatpants are not garments that traditional luxury buyers used to associate with the wealthy, privileged class.