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# Luxury Charms
Tiffany Shopping Bag and Taxi Pendants

By Rose A. Valenta | Published 2007-12-23 | Luxury
Source: Trend Hunter, https://www.trendhunter.com/trends/tiffany-charms
References: [tiffany](http://www.tiffany.com/Shopping/Item.aspx?sku=GRP01362&mcat;=&cid;=&search_params=s+3-p+2-c+-r+101424400+101323351-x+-n+6-ri+-ni+0-t+&search=1)

This exquisite charm pendant designed by [Tiffany](http://www.tiffany.com/Shopping/Item.aspx?sku=GRP01362&mcat=&cid=&search_params=s+3-p+2-c+-r+101424400+101323351-x+-n+6-ri+-ni+0-t+&search=1)features an 18K gold shopping bag and taxi on a 16" chain.

All pieces can be purchased separately, the shopping bag charm at $1,500; taxi charm at $1,400; and the gold chain at $150.

**Implications** - Despite economic uncertainty, many affluent consumers still desire opulence. Less flashy charms like these charms from Tiffany let the rich consumer display his or her affluence in a way that is discreet, but still allows for a feeling of luxury. Given the state of the economy, conspicuous consumption can be deemed distasteful; as such, understated luxury goods may be the answer.

## Trend Insights (Trend Hunter)

- Score: 4.6/10
- Popularity: 56% | Activity: 75% | Freshness: 8%
- Audience gender: 30% men, 70% women
- Primary generations: Millennial, Gen X
- Top markets: North America, Europe, Asia

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Luxury](https://www.trendhunter.com/luxury) > [Ultra Luxury](https://www.trendhunter.com/ultraluxury)

## Key Themes

### Key Themes Behind This Trend

- **Discreet Luxury:** Opulent but understated luxury goods offer a way for affluent consumers to display their wealth discreetly.
- **Less Flashy Charms:** Tiffany's charms provide a subtle way for wealthy consumers to showcase their affluence without being flashy.
- **Opulence in Uncertain Times:** Despite economic uncertainty, many affluent consumers still desire luxury, but prefer more discreet forms of opulence.

### Where This Applies

- **Jewelry:** The jewelry industry can tap into the growing demand for luxury products that are understated and less flashy.
- **Fashion:** Fashion brands can explore understated luxury trends and incorporate them into their designs to cater to affluent consumers.
- **Retail:** Retailers can offer a range of opulent but discreet luxury goods to attract affluent consumers who seek a more subtle way to display their wealth.

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