These logo lollipops from fashion photographer Massimo Gammacurta are awesome. Women do tend to 'eat up' designer labels, so this is a very appropriate interpretation indeed.
Personally I think these are almost better than the real thing--they have the uniqueness and creativity that many of these big brand shops so often lack.
Implications - Designer labels are often depicted in various artworks that either make a statement or are there just for fun. Whatever the purpose of creating these lollipops are, it does seem to imply the materialistic nature of individuals who "eat up" high-end fashion. If this is indeed the statement, it brilliantly executes the metaphor in a literal sense.