The latest addition to the list of the world’s most expensive items is this crocodile skin umbrella designed by Angelo Galasso for Italian luxury brand, Billionaire Couture.
With a price tag of $50,000, this top-quality, ultra-luxe wet weather accessory for the extremely wealthy is only available by special order from Billionaire Couture’s new flagship store in London.
In addition to the umbrella, Billionaire Couture also offers a range of bags, shoes and coats made from crocodile skin.
Key Themes Behind This Trend
- Ultra-luxe Fashion Accessories
- The trend of designing and selling ultra-luxe fashion accessories, catering exclusively to the extremely wealthy clientele, may continue to rise with an opportunity for designers to innovate on materials and designs.
- Exclusive Flagship Stores
- The trend of opening exclusive flagship stores, providing an upscale shopping experience with limited and exclusive high-end products, may continue to rise with an opportunity for designers to experiment with their store’s layout and customer experience.
- Use of Exotic Materials
- The trend of utilizing exotic materials like crocodile skin into the fashion industry and designing high-end products for the wealthy may continue, with an opportunity for designers to innovate and experiment with sustainable alternatives.
Where This Applies
- Luxury Fashion Industry
- The luxury fashion industry may benefit from the trend of designing high-end, luxury products for an extremely wealthy clientele and innovating in fashion materials and designs.
- Retail
- The retail industry may trend towards opening exclusive flagship stores, providing an upscale shopping experience with limited and exclusive high-end products, and innovating in store layouts and customer experience.
- Materials Industry
- The materials industry may see a trend towards the use of eco-friendly and sustainable materials in the fashion industry and a push towards developing alternatives to exotic materials like crocodile skin.
