How do you define "cheap"?

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A recent article in fashion trade paper Women's Wear Daily polled designers and industry insiders on their idea of a bargain. While admittedly, the elite fashion set may have a skewed perception of the retail market, we could not get over some of their comments. Take a look at this sampling:

  • "Anything my husband won't yell at me for." - Rachel Zoe, celeb stylist and reality star who has a serious penchant for Chanel.

  • "Cheap for me is that great feeling when you look at something, expect it to be four times the price, then look at the price tag and find it's a third of what you were expecting. That's the definition of value to me." - Patrick Robinson, executive vice president of global design for the Gap

  • Linda Fargo of Bergdorf Goodman counts Havaianas $18 plastic flip flops as a "cheap thrill."

  • Designer Lyn Devon says she buys Michael Stars $34 black tank tops in bulk.

  • "Whether it's cashmere socks or buying a Porsche on sale, my mantra is luxury at an affordable price." - Simon Kneen, Banana Republic executive vice president design and creative director.

  • Ken Downing of Neiman Marcus considers a $990 Lanvin leopard jersey dress, and $850 Narciso Rodriguez silk and Lycra dress to be "great deals."


OK, seriously, the only person we can get down with is Patrick Robinson. On what planet is $990 a good deal on anything, aside from maybe a used car? Even $18 for plastic flip flops is not a bargain, when Old Navy carries them for $3.50. Also, excuse us, but cashmere socks?! They sound unbelievably comfortable, but they definitely don't come to mind when we hear the word "cheap." [WWD]

What would you consider a bargain? Are these fashion types totally out of touch with reality?