Just the right amount of hand-picked luxury marketing news and market intelligence
:: FACETS ::
→ (FT) £3,000 bracelets versus £400 sneakers: the luxury market’s fortunes set to diverge: Analysts expect the gap between strongest and weakest players to grow wider. Read more
→ (Vogue India) Designer Pokémon and Gold Tamagotchis: Why luxury brands are revisiting '90s toys. Read more
→ (Sourcing Journal) Highsnobiety: Rule-Breaking Brands, Niche Designs Are Redefining Luxury: Highsnobiety released its fifth “New Luxury” report based on the mindset of its early adopter audience dubbed the “cultural pioneer.” Read more
→ (WWD) Chinese Luxury Market to See ‘Solid Double-digit Rebound’: The Chinese luxury market will grow at a midsingle-digit rate in 2024, according to a report from Bain & Company. Read more
→ (WSJ) Inside the Competition for the World’s Richest Shoppers: Backstage passes. Secret dinners. Exclusive invites. When you have everything, stores lure you with the things money can’t buy. Read more
→ (Bloomberg) Cognac at $4,000 Bumps Up Against Luxury Shoppers’ New Limits: International distillers have for years been concocting niche formulations to justify charging drinkers ever higher prices. Read more
→ (Visual Capitalist) Visualizing the Investments of the Ultra-Wealthy: This graphic shows how ultra high net worth individuals (UHNWIs)—people with a net worth of $30 million or more including their primary residence—allocate their wealth based on data from Knight Frank’s 2023 Wealth Report. Read more
→ (Fortune) Sotheby’s sees generational shift in luxury sales up 40% since the pandemic: Buoyed by the pandemic, the $1.6 trillion luxury market is having a moment—and Gen Z and millennial buyers are pushing sales numbers to record highs. Read more
→ (Esquire UK) Can Athletes Sell Designer Clothes? Fashion Brands Certainly Think So: From Centre Court to catwalk – why are labels so enamoured of sports stars right now? Read more
→ (Fast Company) Luxury brands are rolling out the red carpet for their biggest spenders: Luxury brands are more focused than ever on their VIP clients. Read more
:: PODCASTS ::
Catch up on my latest interviews with luxury industry leaders and entrepreneurs ↓
The Luxury Item podcast: Pascal Féraud, Executive Chef at DUCASSE Paris
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