Luxury can be broadly defined as possessing items that are desirable but not essential and expensive to procure. Luxury goods give great comfort to the user since the surroundings are expensive and high-quality. It is also defined as a non-essential item which an individual covets or desires but has no real use of. Luxury can also be defined as an activity that gives great pleasure and joy due to the fact that it occurs rarely. Over time, novelty and originality have become key as well as contributing factors in the development, promotion and growth of luxury fashion, designers, designs and goods.
The historical definition of luxury is both dynamic as well as specific to culture, thus making it a difficult task to define. In society luxury can be loosely defined as a product or service that a consumer wants rather than needs. Despite everything global markets have seen an extraordinary growth in the luxury brand market. Branding of products as luxury has changed the perception and how consumers view this industry. A product or service can be deemed as luxury when the quality, design, craftsmanship, innovations are unique and of the highest standards. With regards to fashion design, it is an obvious assessment that the quality and craftsmanship of the design are seamlessly intertwined but creativity as well as innovations is two distinct and separate categories.
When it comes to speaking of creativity and innovation, they are often inter-changeable and also connected with describing the design and its process thus defining design and fashion in many instances. Manu analysts have not come to realize that there is very little or almost no distinction between both terms and they are slowly merging to mean one and the same thing. Innovation can be loosely defined as that which aims to transform and implement rather than explore or invent. In such circumstances it will be difficult to assess the level on contribution or change that designs will have on luxury goods. It has been argued on several occasions by expert analysts that technological innovations can be shown as the key factor in the development of luxury fashion and products. The co-relation between the designer and manufacturer is an important, imperative and integral part in developing luxury fashion goods to sustain themselves in an ever-changing fashion industry.
In developing and developed countries in the world, the luxury fashion industry is booming and every member of society who wishes to make a status statement will be flashing one if not many luxury goods at some point. It is a myth that recession has reduced purchasing power or patterns. In fact it with more gusto and reduction of prices on such good that has luxury aficionados shop until they drop.
The power of media; print and electronic has helped create awareness and a buzz towards the luxury fashion industry. Armed with more information the consumer is thoroughly educated on the nuances and cons of purchasing luxury fashion products. Luxury fashion has now entrenched its way into every country across the globe.
Planning a wedding is so much fun that it can be easy to get in over your head. You splurge here, spend a little extra there, and before you know it, you have committed to a wedding that is beyond your means. With deposits placed, and final payments looming, this can be a very scary situation for the bride or her parents to find themselves in. Find out what steps you can take to save your wedding when you run out of money.
It is really, really easy to end up planning a wedding that costs too much, especially because the planning can be spread out over many months. When you are only paying one-third to one-half of what things actually cost, it can be easy to lose track of the grand total. For some families, it is not until they get close to the wedding day and they start adding up all the final payments which are due that they realize they can't cover their bills. This is a horrible situation for any family. What do you? Cancel the wedding? Stiff your vendors? Charge admission to the reception? No, no, and no.
What you should do first and foremost is have a frank conversation with your wedding venue and vendors. Explain your situation, and ask them how you can work it out. Be clear with them that it is important to them that their bills get paid so nobody thinks you are trying to weasel out paying what you owe them. Maybe the florist would be willing to downsize the centerpieces to trim costs. Or she could skip the expensive extras, such as the crystals in the bouquets to match your crystal bridal jewelry. The photographer might allow you to cut back to a smaller package or to have him come for the ceremony and through the cake cutting only, instead of taking pictures from pre-ceremony until the last dance. As long as the vendors have not actually spent money on supplies for your wedding, they might be willing to re-negotiate your contract.
As for your reception venue, call the event manager at once and make an appointment. Figure out your finances before the meeting so you have a clear idea of the difference between what you owe and what you can actually pay. If the gap is not insurmountably wide, it might be possible to get creative with the wedding menu to get your balance down (again, this would have to be before anything has been ordered for your reception). Choose less costly entrees and appetizers, substitute sparkling wine for imported French Champagne, or change from a full open bar to wine and beer only. In some cases, this will be enough to get your balance down to what you can afford.
If you still cannot afford what you owe the venue, you will have to consider more dramatic measures. Could they change the time of your reception from an evening wedding to a brunch? You could save thousands that way. Another potential solution is to change the day of the wedding from a Saturday to a Thursday or Sunday. Sites typically charge less for the non-prime days, and they might be willing to allow you to make a change to salvage something from the situation. While the idea of changing your wedding date may be hard to swallow, remember that you will still look just as gorgeous in your wedding gown and pearl bridal jewelry on a Thursday as you would have on a Saturday.
Finally, will yourself to let go of any extras you have not already committed to purchasing. You can have a wedding reception without favors, just as you can have a ceremony without a soloist. Cutting back can be difficult, but it will be well worth it to find a way to save your wedding.