Are designer clothes ever worth it? Ive seen 700 usd sneakers that come with stains on them for "added style" like whats the point?

They look exactly the same as my cheap o sneakers that I havent cleaned in a while.
I like fashion and all that bu I don't think i'd ever pay that much for something that doesnt even have anything special on it, even if I had the means, like what are rich people thinking when they blow so much money away on ugly clothes? who would wear these?