December 31, 2007
Dior and Swarovski to launch fashion phone
After fragrance, sunglasses, watches and handbags, now fashion designers want to add mobile phones to the 2008 list of fashion must-haves with a series of launches to cash in on a multimillion-pound market. The The Independent reports.
"Dior and Swarovski will be the latest luxury giants to unveil handsets next year, while Swiss watchmaker Tag Heuer is expected to be the first timepiece maker to release one early next summer.
... Experts predict that in the next three years non-traditional brands, including fashion designers, will grab 20 per cent of the global market, selling around 200 million handsets a year.
Andrew Harrison, UK chief executive of Carphone Warehouse, said his customers were increasingly buying more than one handset, with around a fifth owning two or more. "These handsets have different uses: business, going out or even special occasions. We expect this trend to continue." he added.
... Analysts believe fashion and mobiles make perfect bedfellows because with a new product every three months, the handset industry is one of the few able to keep pace with the world of fashion.
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