Till the recent times, a silver Tiffany rattle was the ultimate status symbol for babies. But these days, a tiny tot wearing a Marc Jacobs hoodie ($395) and sucking on a Baby Dior pacifier ($40), while tucked into a Bugaboo stroller ($679-$879) with a Kate Spade blanket ($145) is not a very uncommon sight.
People are waiting longer to have kids so that they have more money to spend on big-ticket items for their little ones.
A three-figure price tag for designer outfits, language lessons, hand-crafted "fantasy" beds, strollers three-figure price tag is what the Yoga mommies of today are ready to invest in. After all if they aspire to stand out, why shud not the little one??
Times are not very far when people may start taking loans to shell out for a $1,240 diaper bag or may be a $790 Gucci infant carrier.