Knowing is a luxury | 02.20.23
→ (Insider) Generations Y, Z, and Alpha will become the biggest buyers of luxury goods: Bain & Company says the lion's share of luxury purchases by 2030 will be made by the youngest consumers globally. Generations Y, Z, and Alpha will become the biggest luxury buyers, accounting for at least 80% of global purchases. Read more
→ (FT) Inside Vermelho, Christian Louboutin’s new hotel in Portugal: The shoe designer has opened a hotel in Melides, Portugal. We get the first foot in the door. "Everywhere there are custom-designed tiles and ceramics from across the Iberian peninsula. Read more
→ (Creative Review) Does Burberry’s redesign signal a new chapter for ‘British’ symbolism? Under new chief creative officer Daniel Lee, the fashion house has revealed a refreshed design identity that centres on its British heritage. Is it more than just a rebuke of minimal fashion branding? Read more
→ (Designboom) Moncler and Mercedes-Benz unveil ‘The Art of imagination’: Moncler and Mercedes-Benz stun their viewers with their upcoming collaboration that reinterprets the Italian fashion house’s puffer jackets into automotive designs. Read more
→ (VR Scout) Louis Vuitton Covers Famous Landmarks With AR Dots: World-renowned fashion house Louis Vuitton has partnered with acclaimed Japanese artist Yayoi Kusama on a colorful new campaign powered by augmented reality (AR) technology. Using Snap’s Landmarker Lenses, which allows developers to create Lens experiences tied to specific real-world locations, select users can layer virtual polka dots over a variety of famous architectural landmarks across the globe. Read more
→ (WWD) U.S. Prestige Beauty Jumped 15 Percent in 2022, Per NPD: According to a year-end report from the NPD Group, every category in prestige beauty posted double-digit gains, with makeup, skin care, fragrance and hair growing 18 percent, 12 percent, 11 percent and 22 percent, respectively. The industry overall grew 15 percent. Read more
→ (Jing Daily) Mainland China Drives Global Luxury And Brands Downsize In Hong Kong: PwC Report: PwC predicts that by 2025, China’s luxury market will reach $119 billion and account for a market share of about 25 percent, due to “the higher internet penetration, social media exposure and increasing consumption power of young generations.” Read more
→ (Travel & Leisure) These Luxury Brands Are Now Getting Into the Hotel Game: Luxury fashion houses have been dabbling in hospitality for decades now, with iconic labels like Versace, Armani, Bulgari, Fendi, Gucci, and Louis Vuitton bringing restaurants and hotels into their orbit. But haute couture isn't the only way in. Read more
🎧 The Luxury Item podcast
Tom Marchant, Owner and Co-founder of Black Tomato
On the newest The Luxury Item, I’m joined by Tom Marchant, owner and co-founder of award-winning bespoke luxury travel operator Black Tomato. The company has made a name for itself by pulling together expertly tailored, highly imaginative private travel experiences that give clients insider access to some of the world’s farthest-flung destinations.
Facing the Giants podcast
Christopher Hunsberger, Co-Founder and Chief Operating Officer of Appellation
On the latest Facing the Giants, I speak with Christopher Hunsberger, co-founder and chief operating officer of Appellation, a new food-centric luxury hotel brand. Hunsberger, a veteran luxury hotelier who was an executive at Four Seasons Hotels & Resorts, discusses joining forces with celebrity chef Charlie Palmer to create a new breed of culinary-first hotels.
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