Recent Comments:
Study Shows Plastic Wine Bottles Only Good For Short Term {Luxist}
Jun 23rd 2009 9:02AM Right.... so a PET bottle manufacturer actually commissioned a study that eneded up devaluing it's product, and then made it's findings public?
Who Smokes Cigars? {Luxist}
Apr 3rd 2009 11:40AM It's more about the image of success & wealth, than a luxury. Anyone, including hobos, can afford cigars. The reason it has the image of luxury is because people always think of the average cigar smoker as someone who has a large amount of disposable income, due to the media and the fact that he could be smoking cigarettes instead.
Think about it, even the cheapest european luxury car will always be seen as more luxurious than a fully loaded Dodge that costs 5 times as much. It's not the price of the car/cigar... its the image from what the public considers as the average user.
If one day the media started to associate wealthy & successful people with coconut doughnuts, I guarantee that coconut doughnuts would be then seen as a luxury.
Brother, Can You Spare a Bugatti? {Luxist}
Apr 1st 2009 9:52AM Luxury/super cars tend to have high depreciation because the people that buy them tend to want to upgrade or have a change 1-2 years later (such as how many BMW/Merc owners are now part-exchanging for Audis). A Veyron is the best production car around, so how does one upgrade from a Veyron? If your selling your Veyron, it means you've got financial trouble.
Double Eagle Coins Used To Pay A Wal-Mart Bill {Luxist}
Mar 30th 2009 5:07PM Now that's just silly! Even a toddler would know that the raw gold value would be worth more than a lousy $20. I don't understand why Zions bank would want, or legally have to give the coins back to the old lady - she traded it for its face value fair and square. Everybody knows that if you trade something, even for far less than its worth, you can't undo. Even kids understand the phrase 'no take-backs'.
If I was the bank teller, I'd buy back the coins - its not illegal to take advantage of someone's lack of intelligence right?
Marc Ecko Facing Financial Woes {Luxist}
Mar 27th 2009 8:02AM I know it's not very politically correct to say, but the type of people that normally buy his stuff would be the ones hardest hit by the recession - sleeping in their Cadillac Escalades as their house goes under foreclosure.
I'd say 50% of his typical consumers are suburban kids, and the other 50% are 'thugz fo life'. So when the thugz go down, so does his business.
Malaysian Designer to Debut $30 Million Diamond Dress {Luxist}
Mar 26th 2009 7:08PM Buying silver/gold bullion or loose diamonds is an investment, but buying a fashionable item where the designer/manufacturer probably makes a 200% mark up over the actual material value is not.
Besides, what happens when the dress goes out of fashion... did the designer ever think of that?
Should Fish Pedicures Be Outlawed? {Luxist}
Mar 25th 2009 7:49AM Have there even been any reports of anyone having problems with the fish exfoliation due to lack of sterility? Have there been any problems reported at all?
Using the fish to exfoliate is far better than scrubbing (redness from friction + effort!) or chemicals (irritates).
Russia's Richest Woman Seeks Government Bailout {Luxist}
Mar 21st 2009 10:08AM LOL
Z-Shock Watches Prove Luxury Can Sometimes Ruin A Good Thing {Luxist}
Mar 19th 2009 3:01PM Doesn't matter if it's got diamonds or made of gold, the fact that it's CASIO branded means it's market value will be less than the actual raw material value.
I can't believe a company that's best known for school calculators and uber-geek calculator watches would enter the luxury market.
Or is Bill Gates the new Madonna now?
Lagerfeld Debuts Mink-Covered iPod Helmets {Luxist}
Mar 10th 2009 3:44PM Fur still is very attractive (if you see someone wearing a fur coat, wouldn't you turn your head?). The only problem with fur today is although it may look great and turn heads, most people would consider the wearer an immoral person.
