Takashi Murakami and Louis Vuitton Create High-End Child Charmers

Continuing their successful partnership, Takashi Murakami and Louis Vuitton are bringing out a small line of toys. Murakami’s “Putipanda” features a colorful design on both a large plush toy and a smaller mobile phone charm.

If you’re looking at these toys thinking they may be a cute gift for a child, perish the thought. Neither Louis Vuitton nor Takashi Murakami’s work comes cheap, so get the rug-rat something else.

Implications - Individuals with disposable income are willing to invest their money in high-cost items that might be perceived as useless by low-budget consumers. Businesses that devote their efforts to creating a wide range of luxurious items for high-end consumers will see large returns from that specific clientele.