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In Mexico, the value of the luxury market reported a considerable increase in a period between 2016 and 2021, going from 65 to 86 billion dollars.
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Louis Vuitton leads the ranking of the most popular luxury brands in the world with a valuation of 75.7 billion dollars.
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3,500 Peruvian soles (17,950 Mexican pesos) is what a young man spent for a bag of dog feces.
Through TikTok, a Peruvian content creator shows the stool bag he bought at Louis Vuitton and for which he paid almost 18 thousand pesos.
The luxury market is one of those that has had significant growth in Mexico. A study of Euromonitor reveals that the value of said market reported a considerable increase in a period between 2016 and 2021, going from 65 to 86 billion dollars.
On the other hand, a report developed by Luxury, Premium & Fashion Marketing, MBLM México, The luxury brands that generate the most emotions among Mexicans are Dior, Chanel, Tiffany, Rolex, Girogio Armani, Salvatore Ferragamo, Louis Vuitton, Cartier, Gucci and Prada.
In this context, it is also worth mentioning what it expresses Kantar Regarding the most popular luxury brands in the market, where Louis Vuitton leads the ranking with a valuation of 75.7 billion dollars. The list, likewise, includes brands such as Channel, Gucci, Rolex Prada, Cartier, among others.
Spend almost 18 thousand pesos on a bag for dog feces brand Louis Vuitton
Proof of the popularity of Louis Vuitton can be seen with the video of a Peruvian tiktoker, who, through his profile, shows the product he bought and for which he paid a large amount.
According to what is seen in his video, the young man bought a Louis Vuitton dog feces bag, which, according to what is shown in the recording, had a price of 3,500 Peruvian soles, which, in Mexican pesos, translates into 17,950 Mexican pesos.
@santiagochavezirus Did we fall into the trap??? #louisvuitton #santichavez #peru #Peruvian #purchases
Undoubtedly, over time, brands are adopting a more pet friendlytaking into account, first, the demand of consumers, but also because they have found an important market, as reported by Newmark.
Although not all companies have done it, the trend has been gaining some popularity, due to the fact that consumers themselves are asking for a little more openness and acceptance for those who want to give their pets a different life.
These days, it is even more common for pets to be treated like any other person, dressed and fed with a particular garment or product.
In addition, for a few years, The trend of being more “inclusive” has escalated so much that the issue of pets has become more relevant, hence, today, more than pets have become “dogs”a term that has become very popular among the new generations who, instead of wanting to have children, seem to be more satisfied with the idea of taking care of their pet.
Months ago, Versace launched a bag for dogs, which, in its Online storeis being sold for a total of 275 dollars and is used by animal owners to save their pets’ feces.
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