Pankaj Parakh, an Indian businessman, politician and social worker, is the proud owner of a pure gold shirt, one of the most expensive pieces of clothing in the world. Parakh's shirt was designed by a Dubai-based designer.
The actual creation of the shirt was carried out by Mumbai-based Sanghvi Jewellers, who enlisted the labor of 20 goldsmiths to work on the shirt over a period of close to two months.
The gold shirt cost 10 million Indian rupees, approximately $16,400. It weighs a hefty 4 kilograms, which is perhaps unsurprising given that it's made out of pure gold.
Parakh, who lives in the Nashik region of India's Maharashtra state, commissioned the shirt because he wanted to wear "something different" on his 45th birthday on August 8.
Glittering Gold Shirts
An Indian Businessman Commissioned a Pure Gold Shirt
Trend Themes
1. Luxury Clothing - The growing demand for luxury clothing articles justifies the creation of a niche market that caters to the exclusive requests of clients who are willing to pay top-dollar for unique and high-quality garments.
2. Bespoke Tailoring - The demand for custom-made garments opens up an opportunity for tailors and designers to offer unique and personalized designs to high-end clients seeking one-of-a-kind pieces.
3. Conceptual Fashion - The rise of conceptual fashion challenges designers to push the boundaries of traditional garment design and create pieces that tell a story, spark conversation, or communicate a message while also satisfying the aesthetic standards of high-end clientele.
Industry Implications
1. Jewelry - Jewelers can explore the potential of creating wearable art, such as the pure gold shirt commissioned by Pankaj Parakh, to offer exclusive and sophisticated pieces to discerning clients looking for unique luxury items.
2. Fashion - Fashion designers can tap into the demanding world of luxury clothing by offering bespoke and made-to-measure garments that cater to the specific needs and preferences of high-end clients.
3. Metalworking - Metalworking companies can leverage their expertise in crafting metals to create unique and high-value fashion items, such as gold shirts, which can be sold to luxury markets or for high-profile events such as red carpets or celebrity weddings.