Fendi is an Italian luxury fashion house producing fur, ready-to-wear, leather goods, shoes, fragrances, eyewear, timepieces and accessories. Founded in Rome in 1925, Fendi is known for its fur, fur accessories, and leather goods.
Since 2001, Fendi has been part of the “Fashion & Leather Goods” division of the French group LVMH. Its headquarters are in Rome, in the Palazzo della Civiltà Italiana.
Palazzo della Civiltà Italiana, Fendi headquarters in Rome
Fendi shop at the Elements, Union Square, Kowloon
Fendi Christmas installation in Taipei, Taiwan, 2017
Fendi store in Melbourne
In economics, a luxury good is a good for which demand increases more than what is proportional as income rises, so that expenditures on the good become a more significant proportion of overall spending. Luxury goods are in contrast to necessity goods, where demand increases proportionally less than income. Luxury goods is often used synonymously with superior goods.
Wine and foie gras
Secular Rococo luxury or treasure binding for a book, using techniques from the making of gold boxes, in gold, mother of pearl and hardstone, Berlin, 1750–1760. By this time, such lavish bindings were unusual.
The invention of affordable quartz watches caused mechanical watches to become primarily luxury goods.
Luxury car