As high the impact of recession was in the Americas and Europe, the Asian countries were not so seriously affected by the global economic downturn. From this you can safely assume that the luxury market for past few months have been thriving only because of the wealthy Asians who always come forward for a good luxury cause. The Italian fashion brand Salvatore Ferragamo has recently launched the Pink Collection to raise funds for breast cancer groups.
Targeted at the richie richs of the Asian world, this one is a limited collection that consists of the Ferragamo signature ballerina shoes embellished with sparkling pink crystals as well as a perfume, a watch, a T-shirt and a canvas tote. The price rangs falls somewhere between $256 and $1,060. Apart from these, you can also pick the best buy, a pair of pink satin sandals with a matching evening clutch which will be auctioned off for charity at a starting bid of $4,240.
The collection will be up for sale in October which is marked as the breast cancer awareness month the world over. 10 per cent of Ferragamo’s sales in Hong Kong, China, Taiwan, Korea, Singapore, India and Australia will go to breast cancer foundations.
Via reuters
