AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Byline: Nick Foulkes
The changing behavior of the superrich dictates innovation in high-end goods.
Predictions should come with a health warning, as they have the habit of confounding those rash enough to make them. So with this caveat in mind, I look forward to a year in luxury that may -- only may -- see such disparate trends as specialized luggage, witty solutions to problems you never knew you had and transnational tie-ups.
Whatever luxury innovations transpire this year, they will almost certainly result from a shift in the behavior of the superrich. Consider the way they travel. Back in the days of private railway compartments and ocean-liner cabins, a trolley piled high with hard-sided luggage piloted by a cap-wearing attendant was an essential accessory of the itinerant rich person. Today, of course, the wealthy carry their own bags, so prestige luggage is either light -- like Olga Berluti's delicious range of vicuna-soft leather bags -- or wheeled, like the sleek leather offerings from Valextra. Now, with the increasing proliferation of superyacht ownership and private aviation, we can expect an upturn in the use of big, beautiful bags that do not have to suffer the ignominy of scheduled travel or the less-than-tender attentions of baggage handlers. Already, forward-thinking brands are launching luggage lines catering to the changing needs of the superrich; Valextra has introduced luggage created by the yacht-design firm German Frers, which comes in blue or white and features portable compartments that allows the bags to be easily stored.
But in addition to coming up with covetable solutions to such humdrum problems as how to move possessions about the world, true luxury has a duty to entertain. Life's greatest luxury may be time -- but if you are sufficiently insulated from having to work for a living or fret about paying the mortgage and the college fees of one's offspring, time can weigh heavily. Boredom is the thing that rich people fear most, so once they have met their needs (if one can be truly said to "need" private planes and so on), there is an increasing demand for exquisitely crafted items that perform quotidian functions with flair and wit.
This is where luxury gets interesting and designers such as Roland Iten come in. Iten has created objects like a multiaxle belt buckle that can be flipped over in its housing to allow extra girth without having to be undone, a watch fastening that can be adjusted millimeter by millimeter and a little gold shoelace tip that features a chamber loading action and stops your shoelace from disappearing through the hole. Iten creates objects that solve irritating issues that many wouldn't even consider a problem, and that are, moreover, amusing, individual and whimsical. I prefer luxury when it is a whim rather than part of a business plan.
...
Source: HighBeam Research, Luggage To Fit Every Yacht And Private Jet.(Next 2008; LUXURY)