$16,000 Box of Cohibe Behike Cigars
Going Like Sixty — January 6, 2008 — Lifestyle
References: luxist
Could I enjoy a $400 cigar? Sure. If you were buying. Lighting this cigar would need to be for a very special occasion. 4,000 of these Cohibe Bhike cigars have been produced and will be sold forty to a box (that's $16,000 a box for those doing the math). Certain to have slow burning quality, it could provide great pleasure as a few hundred dollars go up in smoke.
Implications - The economic recession is slowly recovering, and consumers are now looking to spend their cash on a variety of products. Businesses can benefit from this by offering commodities that exude a certain amount of luxury and offer a sense of prestige to buyers. Companies will see great returns by providing this option to customers.
Implications - The economic recession is slowly recovering, and consumers are now looking to spend their cash on a variety of products. Businesses can benefit from this by offering commodities that exude a certain amount of luxury and offer a sense of prestige to buyers. Companies will see great returns by providing this option to customers.
Trend Themes
1. Luxury Commodities - Businesses can benefit from offering luxury commodities that exude prestige and a sense of luxury during the economic recovery.
2. Prestige Products - Consumers are now looking for products that offer a sense of prestige, creating an opportunity for businesses to provide high-end options.
3. Recovering Consumer Spending - As the economic recession recovers, consumers are willing to spend more on luxury items, creating a potential market for high-priced products.
Industry Implications
1. Cigar Manufacturing - Cigar manufacturers can capitalize on the trend by producing limited edition, high-priced cigars that cater to consumers looking for luxury products.
2. Luxury Goods - The luxury goods industry can seize the opportunity by offering exclusive and high-priced items to satisfy the increasing demand for prestige products.
3. Fine Dining and Hospitality - Fine dining establishments and luxury hotels can attract customers by offering premium cigars as part of their high-end experience, appealing to consumers looking for luxury and exclusivity.
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