Gap is down, Gucci is up because consumers are “pimpin’ out” according to the Zandl Group, a New York-based trends research firm. Bored with the basics, they are following the lead of style masters like Lil Kim and fashion designers like Donatella Versace favored by the entertainment world. Its often over-the-top with a ghetto fabulous attitude (e.g. fake fur trim on everything from jeans to car seats). Several underlying trends are fueling this extravagance.

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