Expressions of travel luxury as a fashion statement and sign of wealth
Implications - In the 1950s, air travel was a luxury reserved for the affluent and luggage was used to flaunt wealth. Fast forward to 2008, and flights are so mainstream, many travel in sweat pants. A stream of designers are hoping for a luxe travel revival, and with the looming credit crunch, they may just get their way.
Trend Themes
1. Luxury Travel - The emerging trend of luxury travel is influencing luggage and travel accessories to not only be functional but also beautiful and expressive as a status symbol.
2. Retro Nostalgia - A resurgence of retro travel designs and accessories is emerging as travelers seek to revive old school glamour and elegance.
3. Pet Travel - Luxury pet travel is a growing trend, as pet owners seek unique and stylish luggage for their furry companions.
Industry Implications
1. Fashion - Designers are incorporating luxury travel trends into their collections, offering fashionable luggage and accessories for the jet-setting elite.
2. Pet Products - Companies are developing various luxurious travel products for pets such as pet beds, carriers and luggage.
3. Travel Industry - The travel industry can capitalize on the growing trend of luxury luggage by partnering with airlines and hotels to offer special amenities for high-end travelers.
