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$4.2 Million Diamond & Emerald Encrusted Dog Tiara

In other unbelievable news, a man has spent $4.2 million on a tiara for his Maltese.

Named Kanune, this 15-year-old dog is the lucky recipient of the fabulous crown. Created by a Thai jeweler named Riwin Jirapolsek, the tiara was created from the jewelry collection of the dog owner's mother.

It is made of titanium and is encrusted with a stunning 250 carats of diamonds and emeralds.

Implications - The expensive tiara was definitely made for an expensive dog. According to Luxist, getting your hands on a pure-bred Maltese will cost you between $1000 and $2500 dollars! Kanune is certainly one spoiled pup! She is featured in the gallery with the beautiful tiara upon her tiny head.
Trend Themes
1. Luxury Pet Accessories - Opportunity for businesses to create high-end accessories and products for pampered pets.
2. Pet Fashion - Emerging trend of designer clothing and accessories for pets, offering unique style options for fashion-forward pet owners.
3. Pet Humanization - Increasing demand for luxury items for pets as owners treat them as family members, opening opportunities for luxurious pet products.
Industry Implications
1. Pet Retail - With the rise of luxury pet accessories, pet retail companies can capitalize on the demand for high-end products and accessories for pets.
2. Jewelry - Jewelry companies can explore the market of pet jewelry and accessories, creating unique pieces for fashion-conscious pet owners.
3. Fashion - Fashion brands can tap into the pet fashion industry, offering fashionable and trendy clothing options for pets and owners alike.

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