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Most young people buy expensive clothes cause they want to impress. There's little reason to be wearing LV, Gucci, ... and shopping on Robson/at Holt Renfrew unless you're dressing to impress. Most of the designer crap you couldn't wear to a 9-5 office job.
Dress clothes never go out of style and always look expensive and impress. A properly tailored suit, pants, dress shirt will always be in style and make you look worth more than rocking some designer crap that will go out of style in a year.
If you have $$$ you can afford to wait for sales and drop a lot of $$$ to buy more for less. I find those buying designer/expensive clothing are buying 1-2 items at a time cause they cannot afford to drop a lot, just enough for a few pieces to impress the few nights a month the are out.
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