Now that it’s officially autumn, and even the sun-worshippers among us are being forced to accept the inevitable, it seems timely to celebrate the season. Herewith, we share our inside information on how the luxury class plans to spend this fall.
Well, I’ll be doggone. It turns out that dogs are a luxury good. Who knew? The wealthier you are, the more likely you are to own a canine. While 51% of American households own a dog, a recent survey by the consultancy Spectrem Group reported that of Americans with more than $5 million in net worth, 74% own at least one dog. Need further proof? Beyoncé and Jay-Z just bought their first dog.
In the highest echelons of wealth, the very idea of flying commercial is a non-starter. This would have been the case a decade ago, and today, it’s without question something that the ultra-high-net-worth crowd will take a hard pass on. The traffic, the security lines, the ground delays – almost anyone who can afford to buy their way out of the hassles of commercial air travel does. And who can blame them? The stress level involved only seems to get worse with each passing day (we’re looking at you, LaGuardia).
A headline crossed our desks recently that caught our attention: Business Insider reported that the Neiman Marcus “Fantasy Gifts” catalog this year features more frozen food than ever. The showcase offering is a stuffed pork crown roast for $410 plus shipping. Which made us ask: is luxury frozen food now a thing?
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.
