Just the right amount of hand-picked luxury marketing news and market intelligence
:: FACETS ::
→ (Fortune) A new type of luxury is gaining a share of consumers’ wallets: The luxury industry is navigating a tricky period amid macroeconomic headwinds—but it's not a doomsday scenario. Read more
→ (FT) What 2024 has in store for luxury: The luxury goods sector will fare better than the broader fashion market next year — but even top brands will struggle to keep shoppers spending. Read more
→ (WSJ) Hermès Shines in a Scruffy Luxury Market: Demand for French brand’s products is booming thanks in part to an unusual strategy, as rivals struggle. Read more
→ (WWD) What to Watch: New Year, New Consumer – What to Expect From 2024’s Shopper: In short, many want to spend less but shop sustainably — and do it all on TikTok. Read more
→ (Wallpaper) Paul Smith and Braun put a very British spin on German minimalist tech: Paul Smith and Braun have collaborated on two new watches. Read more
→ (Elite Traveler) Veuve Clicquot and Belmond Unveil Luxury Train Journeys: Where better to enjoy a chilled glass of bubbly than onboard a luxury train? That’s the thinking behind Veuve Clicquot’s latest set of unique gastronomic excursions crafted with Belmond. Read more
→ (Bloomberg) Luxury Spending Softens as Shoppers Seek Value: Mytheresa CEO Michael Kliger discusses luxury industry and holiday spending trends, the company's business strategy and outlook; and the future of online shopping vs brick-and-mortar. Watch video
→ (Essence) Lebron James Is The Face Of The Latest Louis Vuitton Campaign: LeBron James has been tapped to be the face of the latest Louis Vuitton Spring/Summer 2024 campaign. The million-dollar Speedy bag makes an appearance with James too. Read more
→ Burberry Releases Lunar New Year Campaign: Celebrating the Year of the Dragon, Burberry just dropped its Lunar New Year 2024 collection and campaign, starring brand ambassadors Tang Wei and Chen Kun. Read more
→ (Penta) Auction Sales Dropped Nearly 19% in 2023, but Younger Buyers Are Stepping Up: Auction results at the three top houses fell by nearly 19% overall last year, according to the London analysis firm ArtTactic, but an uptick in new and younger buyers shows interest in art and collectibles remains high. Read more
:: PODCASTS ::
Catch up on my latest interviews with luxury industry leaders and entrepreneurs ↓
The Luxury Item podcast: Eugene Tutunikov, CEO of SwissWatchExpo
Thank you for reading Brilliant Cut - Scott
If you know someone that would enjoy Brilliant Cut, please share this with them.
Comments or questions, you can e-mail me at scott@silvertoneconsulting.com
Find me: Twitter | LinkedIn | Instagram
Copyright © 2023 Silvertone Consulting, Inc. All rights reserved