Luxury must have that over-the-top attitude but be effortless at the same time, that's what feels chic to me.
My idea of elegance – and this refers to women as well as men – is that someone is elegant when he or she shows a good knowledge of what fits them, where you can find naturalness and self-esteem. Not showing off. Elegance is the idea of showing an optimistic depiction of oneself, and to lose oneself in the frivolity of style and fashion.
Fashion could be more relevant. It needs to be understood rather than just consumed.
You can do what you want, at home. But when you go out, keep it together.