Tragically, these people are emulated the world over and have youth all over the North America, Western Europe and now certain parts of Asia, including India trying to live like them. (No matter if their exorbitant annual expenditure considerably exceeds their annual income!) As more and more people have large incomes, the spending on luxury brands increases. Just click here to see what companies are doing in India. Luxury product companies must be having the time of their lives if sales of designer clothing, accessories, cars, etc. are currently on an upward spiral. This explains to a certain extent the rise in the number of people willing to pursue a MBA in Luxury Brand Management. Big business man!Even though ‘Young, Hot Hollywood’ is important for driving the growth of Luxury brand companies, with the companies themselves admitting their importance, we cannot afford to get obsessed about them, nor give them more importance or print space than necessary. (I’m giving them extra cyber space though!) Trying to live like them is foolhardiness, a definite no-no.
A whole lot of us need to remember that they are spending the money they earn and are not running up hefty debts. None of them has bad credit. No matter how much extra publicity or popularity Paris Hilton earned from her jail term,
Cars + alcohol = Disaster.
Cars + Drugs = Doomsday
The Hilton girl and her comrades have either a rich and famous family or huge fortunes to fall back on. Everyone else doesn’t.See the original photo here.