Going Like Sixty — December 14, 2007 — Luxury
References: bornrich.org
Proving once again that have loads of money doesn't mean one has good taste, these limited edition clown furniture went for $700,000 at auction. There were five pieces commissioned by Murray Moss.
To me, it looks like the new owner has a bozo head and a place to do a pie throw. Actually, the head is a pop-up, and the hole is supposed to represent a bomb blast.
Implications - While many luxury products may present themselves as futile for certain lifestyles, clients with disposable income are likely to find them appealing. Businesses that can create a wide range of unusual luxury items to maintain lavish lifestyles for these individuals will benefit in significant ways.
To me, it looks like the new owner has a bozo head and a place to do a pie throw. Actually, the head is a pop-up, and the hole is supposed to represent a bomb blast.
Implications - While many luxury products may present themselves as futile for certain lifestyles, clients with disposable income are likely to find them appealing. Businesses that can create a wide range of unusual luxury items to maintain lavish lifestyles for these individuals will benefit in significant ways.
Trend Themes
1. Unusual Luxury Products - Businesses that can create a wide range of unusual luxury items to maintain lavish lifestyles for individuals with disposable income will benefit in significant ways.
2. Limited Edition - Limited edition products continue to attract buyers who wish to own unique and exclusive items.
3. Artistic Furniture - Artistic and unconventional designs in furniture continue to appeal to a niche market of luxury buyers.
Industry Implications
1. Luxury Goods and Services - Businesses offering luxury goods and services that cater to the interests of affluent buyers can benefit from creating exclusive products.
2. Art and Design - Artists and designers can capitalize on the niche market of wealthy buyers seeking unique and unconventional designs in furniture.
3. Auction Houses - Auction houses that specialize in unique and unusual luxury items can benefit from catering to the interests of wealthy buyers.
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