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Well imo another reason for this is that today, almost all celebs and influencers got a brand.. And i don't think that aon the total spending is so much that all brands will keep on growing. If some one launchs a new brand, it may work well in first

yea, their products are also luxurious so this breaks down to the top 0.1% of people with probably no such value proposition.

not really. Most of these celeb brands products are not that costly. Some are, for eg Virat's restaurant. But rest got similar prices

82°E , WROGN are comparatively expensive but yea not as much, I just rechecked about it.

Yup, they are. But not all brands are expensive