For years, snobbery has been a hallmark of this city of wealth and glamour, movie stars and entertainment honchos, where it is possible to spend $20,000 for a watch, $6,000 for a suit with 14-karat gold pinstriping or $15,000 for a handbag of rare leather.
1992 October 26, Calvin Sims, “Hard Times, Even on Rodeo Drive”, in The New York Times