Call it “quiet luxury,” “stealth wealth,” or the most blunt, “low-key rich bitch,” the trend is perhaps best encapsulated by the phrase “if you know, you know.” It’s a pair of navy trousers, a white button-down or a cashmere coat, but made from the finest fabrics, in carefully-crafted cuts, sold at an eye-popping price. It’s Gwyneth Paltrow’s sleek, unfussy courtroom outfits, like a simple black skirt and sweater that just happens to be Prada, or the head-to-toe neutral ensembles from The Row that Cate Blanchett wore in the film Tàr.

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