In honor of their 100 year anniversary Since1910, a family-owned, New York-based jewelry store has commissioned the creation of the world's most expensive cupcake. This lavish treat costs $106,794 and is topped by a 5.48 ct round-cut, F color, Si2 clarity diamond.
The world's most expensive cupcake comes in two flavors, vanilla or chocolate. Since1910 was founded on January 1st, 1910 and has remained under the ownership of one family since that day.
Implications - The combination of cupcakes and couture continues to be a highly lucrative medley in the eyes of female consumers. When companies combine opulent living with items such as diamonds and high-price tags, as well as sweet mini indulges like cupcakes, female consumers cannot resist such products.
$107,000 Diamond Cupcakes
The Insanely Expensive Cupcake for Since1910
Trend Themes
1. Luxury Food - With the creation of the world's most expensive cupcake, there is an opportunity to create more luxurious food options that combine opulent living with food indulgences.
2. Bespoke Food - As more and more consumers seek unique and personalized experiences, there is the opportunity to create bespoke food items, such as customized cupcakes with unique toppings and decorations.
3. Jewelry-inspired Food - The collaboration of high-end jewelers with luxury food companies presents an opportunity to create jewelry-inspired food items, combining luxury and fashion in a unique way.
Industry Implications
1. Luxury Jewelry - There is an opportunity for luxury jewelry brands to collaborate with luxury food companies to create high-end jewelry-inspired food items.
2. Luxury Food - The luxury food industry can explore the creation of high-end confections, combining luxury ingredients with unique designs and decorations.
3. Event Planning - The collaboration of luxury jewelers and food companies can create unique opportunities for luxurious event planners to provide exclusive experiences for clients combining jewelry, food and fashion.