Inspired by the spending habits of celebrity moms, and swayed away by many upscale children's retailers, parents with endless budgets and taste for high style are treating their toddlers with high-end fashions.
Forget about cotton frocks, floral-print blankets and natural-finish cribs, the market is dominated by "limited edition" silk-screened T-shirts in the $50-and-up range.
The U.S. retail market for infant, toddler and preschooler products (known in the industry as ITP) is growing at a fast pace.
Many of the parents wait until late in life to have kids, so that they have plenty of disposable income to spend on their kids.
PoshTots.com has posh clientele including Actor Dylan McDermott who recently bought a crib set, Gwyneth Paltrow who splurged on charmeuse baby blankets and Katie Holmes and Tom Cruise who ordered two bassinets.
Such high priced goods will surely keep your children in comfort, and you in debt for a while to come.
Via Forbes
