Just the right amount of hand-picked luxury marketing news and market intelligence
:: FACETS ::
→ (McKinsey & Co.) The State of Luxury: How to navigate a slowdown: Macroeconomic headwinds, shifting client preferences, and a deteriorating value proposition are weighing on the global luxury sector. The Business of Fashion and McKinsey outline five strategic imperatives for luxury executives. Read more
→ (WWD) Shifting Dynamics as Italian Luxury Brands Navigate Restructuring and New Partnerships: Italian luxury fashion brands like Moschino, Versace and Etro navigate restructuring, explore new partnerships, setting the stage for 2025. Read more
→ (NYT) As Art Sales Fall, Auction Houses Pivot to Luxury: With both supply and demand for big-ticket art in a slump, Sotheby’s and Christie’s are making major bets on selling handbags, classic cars and niche experiences. Read more
→ (Wallpaper) Inside Stone Island’s extraordinary laboratory for innovation in Ravarino, Italy: As part of the Wallpaper* Design Awards 2025, we pay homage to Stone Island’s enduring legacy of material innovation and rigorous experimentation with a visit to its cutting-edge Italian HQ. Read more
→ (WSJ) America’s Bourbon Boom Is Over. Now the Hangover Is Here: After years of rising sales, distillers are contending with waning demand and a glut of supply. Read more
→ (Reuters) Luxury groups pin hopes on US as China weakness persists: Global luxury goods companies are expected to pull out all the stops this year to persuade U.S. shoppers to splash out on diamond bracelets, quilted leather, handbags and other designer fashions. Read more
→ (Flaunt) Prada | Who Inherits The Luxury of the Earth?: The Third Installment of Prada’s Re-Nylon Documentary Initiative Announced Collaboration With National Geographic CreativeWorks. Read more
→ (Fashion Network) 2025 signals big changes for major US luxury retailers: While 20 percent of US retailers feel the space will improve, 41 percent expect it to remain the same, and 39 percent expect a further decline. Read more
→ (Mansion Global) More First-Time Buyers are Seeking Luxury Homes, Agents Say: Around half of the respondents in a Coldwell Banker survey said the number of first-time buyers in the high-end market grew in 2024. Read more
→ (The Conversation) Champagne, caviar or salmon: are luxury foods becoming more accessible?: The concept of luxury in food has undergone a profound transformation. Read more
Flash Stats: The global luxury market is expected to grow 2 to 4 percent per year between 2025 and 2027; Leather goods and jewelry are projected to be the fastest-growing categories at 4 to 6 percent per year; Top-spending clients will create 65 to 80 percent of global market growth through to 2027 - The State of Fashion: Luxury report from Business of Fashion and McKinsey & Co.
Thanks 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
Copyright © 2025 Silvertone Consulting, Inc. All rights reserved.
