When the world started to emerge from pandemic lockdowns and curbed travel, millions of well-heeled consumers dusted off their credit cards to engage in revenge spending. High-end handbags, shiny diamonds and top-shelf champagne were the objects of desire.
Add fancy phones to that list.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you