I still think it's kinda complicated--gypsy means flowy and carefree and "love is free", right? And jetsetters ride in private planes from Montauk to Ibiza, which sounds E X P E N S I V E. Anyway. Here's how Urban dictionary describes the trend:
Fusing the ease and carefree lifestyle of a gypsy with the sophistication of the jet set, the Gypsetters are artists, surfers, designers, and bon vivants who live and work around the globe. Gypset syle explores the unconventional, wanderlust lives of these high-low cultural nomads and the bohemian enclaves they inhabit, as well as their counterculture forbears, such as the Victorian explorers, the Lost Generation, the Beatniks, and the hippies.
Here's how I see it...too much? Also, I so want to try a turban. But I'm too scared.