Sunday, January 22, 2012

Luxury Brands Feature Dragons

It's meant to bring riches and power befitting an emperor, but if Western luxury brands have their way the Year of the Dragon will cost their wealthy Chinese customers a fortune instead.



French high-end accessory maker ST Dupont has rolled out limited editions of pens and lighters adorned with gold-plated dragons embellished with 88 diamonds around the dragon’s body and eyes. The price? Between HK$300,100 (RM120,131) and HK$390,700 (RM156,398).



Swiss luxury watchmaker Piaget launched 24 Dragon watches with a price range from HK$193,000 (RM77,258) to HK$16 million (RM6.4 million).


Nokia’s luxury brand Vertu is celebrating the Lunar New Year with a luxury dragon-themed mobile phone based on its Signature collection. Each quad-band dragon phone comes in stainless steel with emeralds, black steel with Rubies, or gold with diamonds. The handsets cost about $20,800.

Image: Plush Asia

Italian fashion house Versace's Dragon Year gambit is a specially designed jewel handbag, which comes with a gold handle and traditional golden dragon drawings on a black body. The handbag is also studded with precious stones and each one is engraved with “Year of the Dragon 2012” tags along with a limited edition number. The bag is limited to 210 pieces and sold exclusively in Asia.

The bag is priced at HK$31,800 (RM12,700), while an even more exclusive red python skin version will set you back HK$45,000 (RM18,000). Versace says the product is "testament to the brand's focus on the Asian market".

"The dragon means good fortune, power and success," says Torsten Muller-Otvos, chief executive at Rolls-Royce Motor Cars, the German-owned automaker which has launched a line of limited edition "Dragon" Phantoms.


Image credit: http://www.bloomberg.com/news/2012-01-11/rolls-royce-sells-out-dragon-phantom-in-china.html

The edition, available in two models, features hand-painted golden dragons on the side panels, hand-embroidered dragons on the leather headrests and illuminated door treadplates with the words "Year of the Dragon 2012".

The car, which starts at 7.4 million yuan ($1.2 million) in China, was sold out within eight weeks of its launch in August, and the firm says it is now looking at extending production.

China overtook the United States to become Rolls-Royce's largest market in 2011, with the Chinese market accounting for about one-third of its record 3,538 cars sold worldwide.

Luxury brands are really hoping to reap riches in the Year of the Dragon!

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