Core Viewpoint - The article discusses the evolving perception of high-net-worth individuals' fashion choices, particularly focusing on the brand Diane von Furstenberg (DVF) and its signature wrap dresses, which have become symbols of empowerment and individuality in the workplace, contrasting with the traditional "old money" aesthetic of understated luxury [1][3][5]. Group 1: Brand and Market Position - DVF has successfully positioned itself as a brand for career-oriented women, with its wrap dresses being worn by influential figures such as Kate Middleton and Michelle Obama, enhancing its status in the luxury market [5][7][20]. - The brand's pricing strategy ranges from approximately 2000 to 8000 yuan, with high-quality materials like silk and cashmere contributing to its premium perception [15][18]. - Despite facing challenges, including declining sales and changing fashion trends, DVF has adapted by introducing online rental services and collaborating with influencers to reach younger consumers [39][43]. Group 2: Consumer Demographics and Preferences - DVF's primary consumers include female entrepreneurs, university professors, and affluent housewives, who prioritize personal style over conventional workplace attire [20][22]. - The brand's appeal lies in its ability to convey confidence and individuality, allowing women to express their unique identities in professional settings [36][37]. - The shift in workplace fashion expectations has led to a growing acceptance of bold designs, with DVF's vibrant prints becoming a statement of empowerment rather than a fashion faux pas [9][22]. Group 3: Historical Context and Evolution - Diane von Furstenberg's journey from a royal figure to a successful fashion designer began in the 1970s, with the introduction of the wrap dress that catered to the needs of working women seeking both comfort and style [25][27]. - The brand experienced significant growth in the 1970s, selling over a million dresses by 1979, but faced challenges in the following decades, including bankruptcy and a struggle to maintain relevance [29][32]. - DVF's resurgence in the 1990s was marked by innovative marketing strategies, including television shopping, which helped re-establish the brand in the competitive fashion landscape [34][39].