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Does Luxury Mean the Same Thing in the East and the West?
With Asia forecast to have 1 billion affluent consumers within the next decade, it’s a rather pressing issue to understand the nuances of what passes for luxury there. In the first quarter of this year, LVMH reported that 37% of its global revenue came from Asia. The region is huge and its cultures varied, so it’s foolhardy to make broad statements about the nature of Asian luxury. That said, taking a look at Hong Kong, Singapore, Tokyo, and Shanghai versus New York, London, Paris and Milan, some interesting themes emerge. Here are a few things I’ve observed in my travels:
How Many Billionaires are there in the World?
In the midst of the usual Monday doom and gloom news reports, as we yawned from staying up too late to watch the Olympics, one headline in yesterday’s Wall Street Journal caught our attention here at Dandelion Chandelier. According to the consultants at Wealth-X, who are experts on people with net worth of $30 million or more, there are officially 2,473 billionaires in the world. That’s up by 6.4% from the prior year. In the world of luxury, that counts as important breaking news.
How the Best Luxury Brands Keep Love Alive
Like any great relationship, our feelings about our favorite luxury brands usually start out in a blaze of passion, excitement and positive feelings. The first time I could afford a pair of Manolo Blanik shoes, I was almost as giddy as I was the day I met my best friend in college. The shoes were black patent leather high-heeled pumps, and they were so much fun, and so chic, that they made me feel that I was my best “me” whenever I put them on. Yes, shoe love can run deep.
Three Ways to Make Pokemon Go Actually Luxurious
Unless you have been hiding underground or you’re on an extended beach vacation, surely by now you know that Pokémon Go is the new viral sensation sweeping the globe. Now available in most countries around the globe (with the exception of Saudi Arabia where it has been banned) the game, a mash-up of AR and Pokémon, has captured the imaginations of legions of users, and had some very interesting second-and third-order effects even in its first week post-launch. Players are clearly having great fun, but they’ve also been robbed, accused of trespassing, and scolded for making noise in the middle of the night.
Dandelion Chandelier: Guide to the Best in Luxury and Tech
Another blog . . . seriously? Is this what the world needs right now? I know what you’re thinking. We’re all drowning in information. It comes at us like water from a fire hose, unrelentingly, dawn to dusk and then some. We’re soaking wet and our shoes are ruined. Not to mention our hair. Well, think of me as your Frette towel in this deluge. Or, if you like, your Hermes umbrella. (Umbrella – still one of the best Rihanna songs EVER. But I digress.)

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