Just the right amount of hand-picked luxury marketing news and market intelligence
:: FACETS ::
→ (McKinsey & Co.) Shifting gears: What buyers are saying about the luxury-car experience: How does the reality of owning a luxury car match the dream? A new McKinsey survey sheds light on buyers’ priorities, current experiences, and future expectations. Read more
→ (Sotheby's Institute of Art) How Luxury and Art Are Rewriting Industry Boundaries: In the evolving landscape of luxury, brands are expanding beyond their traditional spheres. They are forging meaningful collaborations with the worlds of art, culture, and design. Read more
→ (FT) Brands bet on ‘flight to quality’ amid luxury slowdown: Swiss watchmakers also aim to regrow the market by focusing on classical looking mechanical designs. Read more
→ (TheStreet) Lululemon CEO sounds alarm on unexpected customer behavior: The athletic apparel retailer is suffering from a concerning consumer trend. Read more
→ (NYT) F1 and champagne: Why the sport’s classic celebration reclaimed its podium spot: The moment when drivers on the podium pick up the bottles of champagne stands as one of F1's most storied traditions. Read more
→ (WSJ) What Luxury Sells in a Trade War? Not the Bold Designs Brands Were Banking On: Trying to boost sales in what could be a more downbeat economy poses a creative dilemma for luxury brands. Read more
→ (Wallpaper) Stone Island and New Balance’s latest sneaker collaboration is inspired by an archival fabric: The ‘Stone Island x New Balance 998 Made In USA’ sneaker, which combines Stone Island’s material innovations with a 1993 New Balance silhouette. Read more
→ (Bain & Co) Fine wine market and restaurants hit €58 billion in 2024, reinforcing their role as a pillar of global luxury: New report highlights fine wine’s prestige and investment appeal and the rebound of fine dining industry, amid shifting consumer trends and market evolution. Read more
→ (Vogue Business) Luxury’s Milan Design Week 2025 cheat sheet: The furniture and interiors design event returns for its 63rd edition, attracting a slew of luxury brands hoping to test new experiences and deepen consumer engagement. Read more
→ (Fashion United) Prada buying Versace buy is a win-win for Italian luxury: Prada's Versace acquisition signals Italy's renewed ambition to control not just the creation of luxury but also its direction and destiny. Read more
Flash Stats: Fine wine market alone reached €30 billion last year, despite only accounting for 1.5% of total wine consumption by volume. Fine dining, meanwhile, rebounded with 27% growth since 2022 to hit €28 billion, with Europe leading the charge, home to more than half of the world’s 14,000 high-end venues. - Bain & Co. "Fine Wines and Restaurants Market Monitor" Report
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