For most of us, just having an iPhone is a major purchase, but Victoria Becham's golden Stuart Hughes iPhone is a whole other level of indulgence.
Designed by the world-famous luxury designer, Victoria Beckham's golden Stuart Hughes iPhone is a handmade masterpiece containing 150 grams of 24-carat gold and comes at a staggering price of over 35 thousand dollars. If you thought losing your smartphone hurt, just imagine losing this golden iPhone!
Implications - With the recession coming to an end, consumers are looking for ways to inject some much needed luxury into their lives. Everyday items that feature an element of the elite are appealing to those who want to experience something exclusive in their lives.
Key Themes Behind This Trend
- Luxury Smartphones
- The demand for luxury smartphones is on the rise, presenting opportunities for premium smartphone manufacturers to create exclusive, high-end designs.
- Exclusive Everyday Items
- Consumers are willing to spend large sums of money on everyday items that feature an element of the elite, providing an opportunity for luxury brands to expand their product lines.
- Recession-proof Luxury
- Luxury items that offer a sense of exclusivity and prestige are becoming increasingly popular among consumers looking to inject some much-needed extravagance into their lives during post-recession periods.
Where This Applies
- Luxury Smartphones
- The luxury smartphone industry is poised to capitalize on the growing demand for exclusive, high-end designs.
- Luxury Fashion
- Luxury fashion brands have the opportunity to expand their product lines by offering exclusive everyday items to consumers willing to spend large sums of money for a touch of extravagance.
- Luxury Electronics
- Luxury electronics manufacturers can attract high-end customers by creating exclusive products that offer a sense of prestige and exclusivity during post-recession periods.
