The Exotic Diane von Furstenberg Claridge Collaboration
Tiana Reid — July 14, 2010 — Luxury
References: inside.dvf & tmagazine.blogs.nytimes
The Diane von Furstenberg Claridge collaboration, for the hotel in London, is the iconic designer's first venture into large-scale interior design. Known for luxurious Art Deco design, Claridge is von Furstenberg's favorite hotel.
When finished, the collaboration will include 20 suites, four of which have already been completed. In line with the designer's faraway designs, the suites unveil animal print, Chinese florals, jungle textures and lush fabrics.
Implications - With the financial crisis slowly on its way to recovery, many businesses are now realizing the large consumer demographic who are willing to open their wallets as a backlash of months of financial restriction. Providing items with features of opulence is a great way to appeal to these buyers and sell a product.
When finished, the collaboration will include 20 suites, four of which have already been completed. In line with the designer's faraway designs, the suites unveil animal print, Chinese florals, jungle textures and lush fabrics.
Implications - With the financial crisis slowly on its way to recovery, many businesses are now realizing the large consumer demographic who are willing to open their wallets as a backlash of months of financial restriction. Providing items with features of opulence is a great way to appeal to these buyers and sell a product.
Trend Themes
1. Exotic Hotel Room Design - The collaboration between Diane von Furstenberg and Claridge's hotel in London showcases luxurious exotic hotel room designs, creating an opportunity for other hotels to tap into the demand for unique and opulent accommodations.
2. Animal Print and Jungle Textures in Interior Design - The DVF Claridge collaboration showcases the use of animal print and jungle textures in luxurious interior design, creating an opportunity for furniture and home decor industries to incorporate this trend into their products.
3. Post-crisis Luxury Consumer Demographic - The demand for lavish hotel accommodations and home decor items with opulent features has increased as a result of the post-financial crisis recovery, creating an opportunity for businesses to tap into this consumer demographic.
Industry Implications
1. Hospitality - The collaboration between Diane von Furstenberg and Claridge's hotel highlights the importance of unique and exotic hotel accommodations, creating an opportunity for businesses in the hospitality industry to tap into the demand for luxury and distinctive experiences.
2. Interior Design - The use of animal print, Chinese florals, jungle textures, and lush fabrics in the DVF Claridge collaboration creates opportunities for interior designers to incorporate these lavish features into their work.
3. Luxury Goods - As the demand for opulent products and experiences increases post-crisis, businesses in the luxury goods industry have the opportunity to tailor their offerings to this consumer demographic's desire for luxury and extravagance.
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