$300 gas station hat. Bankrupt by 2009. Peak Paris Hilton era.
Von Dutch Trucker Hats surged as a $300 luxury icon in 2003, fueled by Paris Hilton and Ashton Kutcher, but their mesh-backed design now signals a dated peak. The brand's 2009 bankruptcy followed a collapse from gas-station origins to overhyped status, with celebrity endorsement inflating prices by over 500%. Outperforming #5 Ed Hardy's bedazzled decline, these hats aged worse than the typical fad due to their fleeting cool, fading into irrelevance within six years.

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