This morning refinery29.com came out with their weekend trends report on current New York fashion. While scanning the page you would have a hard time shaking off a sense of déjà vu. As Vice reported earlier this spring, grunge fashion is back in full effect in New York. Ripped stockings, boots, and short babydoll dresses (in floral and solids) are being donned by women, while boys are sporting the ubiquitous flannel button down and tights pants. In addition, there seems to be a curious resurgence of English mod style which you might say has something to do with the recent opening of Topshop’s US flagship store. One theory on why these trends are re-emerging is that perhaps in times of economic instability youth prefer to dress down out of modesty and solidarity with those experiencing hardship, as opposed to showing off an opulent style, which is prevalent during boom times. This idea isn’t that far-fetched in that grunge fashion as we know it grew to popularity during the recessions of the early 90’s, and that the king of all British fashion movements, punk, was in theory started as a social reaction and act of rebellion as opposed to merely a fashion statement. While for some time trend watchers have predicted the demise of heavily branded logo apparel, it seems that conspicuous consumption has truly become gauche in the fashion world.