The men’s shows at New York Fashion Week are signalling a potential start to crypto high fashion, the wait times between shows providing an opportunity for attendees to discuss the recent crypto market dip, reports the Financial Times Thursday, Feb. 8.
Belgian designer Raf Simons’ runway show is described as looking like “the inner sanctum of a boiler room, where brokers pitch their clients on penny stocks and digital currencies with a Machiavellian zeal.”
Simons showed slim cut three-button suits, topcoats paired with surgical gloves and rubber boots, and turtlenecks with slits, some of which had patches with three letter acronyms like XTC and GHB. “One was just a letter off,” from a Bitcoin code, the FT jokes.
Simons’s clothing, in the words of the FT, could
“Fit easily on today’s youngest investors, who don’t stick to the Kiton and Zegna suits of their fathers and prefer Coinbase to TD Ameritrade.”
TD Ameritrade actually advertised Bitcoin futures during their Super Bowl ad shown last week.
Next, Tom Ford showed clothes like “Wall Street-approved pleated trousers” paired with snakeskin printed ties. His show ended with the models displaying the company’s new launch of an underwear line of silk boxers in “shimmering metallics and animal prints.”
FT sees a potential in the Tom Ford underwear line to become a “new kind of uniform” for those in Wall Street that have become interested in crypto on the side:
“Day traders flipping cryptocurrencies at home need something to wear.”