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Since 2023, the terms "quiet luxury" and "stealth wealth" have been everywhere when it comes to fashion.
Luxury fashion isn't a new concept by any means. If anything, you could say the word luxury originated from fashion thanks to high-end brands like Chanel, Christian Dior and Hermes.
But the lens that people used to view luxury shifted last year, and instead of placing the label on expensive clothing and accessories, it was used to describe an overall aesthetic.
Think Gwyneth Paltrow's cream ensemble at her highly publicised court appearances last year.
Think Shiv Roy's "old money aesthetic" in Succession.
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Gone were the logo-clad days of the noughties.
Instead, we were welcoming chic silhouettes with minimal branding. It was a look that screamed rich without being too over-the-top and obvious.
Fashion magazines, mainstream media and content creators credited Sofia Richie for being the trend's poster girl as she started stepping out in modest and simplistic clothing.