Yes even not so rich spend time for luxury brands what more you can even rent or buy now pay later (allmost like mortgage style or car leasing finance style )
That's right, the middle class bought this luxury item as investment, they also rent it, for example the bridal dress, its so expensive, so people don't buy it, even rich ones too, they prefer to hire it for 1 or 2 days, then they return it back. And they bought it from the mediocre people and they made money from it. They rent cars, houses, farm houses, swimming pools, shooting areas, gold areas, clubs, etc., etc. There is a long list.
So the final destination will be Luxury goods and it doesnt matter If the buyer are from asia middle east or from Western countries.
If we look at the final destination of money it's france italy as one of the biggest fashion and luxury brand sellers.
Im sure many people don't look the investment that way often since everybody looking the oil and real estate.
I would say oil and commodities and even real estate could be a lot more uncertain and can not pleasent surprises.
That's a good observation, I never thought of luxurious items as investments before, but now you have given me an idea, and I might give it a try under the limitation of resources I have. As extra source of income is better then nothing haha. We should really invest in these luxurious items, but we need experts, as if I am not a fashion observer, or I don't know how to tackle the customer, then I won't be investing in it, we need experts to do the work. Or buying stocks would be enough.