Wednesday, 1 October 2008

£6,000 Jimmy Choos - cause of financial collapse?

A friend of a friend of a friend married this summer 2008. This story is somewhat third hand, but apparently the bride spent £6,000 on their wedding shoes - a luxury villa wedding in Italy, all very chi chi. My first thought was ‘well how on earth do you find somewhere to spend that much money on shoes’. Good quality shoes are so scarce in my home town of Norwich that I wouldn’t actually be able to find any costing that much. Indeed, I could come back from a shopping trip with hundreds of pairs for that kind of budget. Well, apparently these were hand-made, hand-crafted, hand-died, kissed, sweated-over, delighted-in and money in the bank by the esteemed shoe designer Jimmy Choo. The Jimmy Choo. My next question, of course, was how can she have afforded such extravagant shoes which apparently could barely be seen beneath her dress – what does she do for a living? The answer: ‘She does something high-up in banking.’ In a world where a City banker earns such a bonus they have money to burn on exorbitantly-priced shoes, hardly surprising the financial system is collapsing around us. Sadly, I’m not sure hand-made Jimmy Choo’s hold their value as much as cash in a savings account. Just hope for her sake, she didn’t work at Lehmann brothers…

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