🔮💎 Why Bain says that Luxury is BACK? #63
Welcome back to What The Luxe, a newsletter packed with
insights & intelligence for luxury, beauty & lifestyle marketers
—written by me, David Klingbeil
What a year it has been!
A few more weeks to go before the end of 2021, and what a year it has been! From epic branding campaigns to the first steps of luxury brands in the Metaverse, 2021 was an incredible time to live in.
A lot of things happened for Luxury, Fashion and beauty brands. Hopes and dreams were challenged in the the last 20 months but 2021 is the year where luxury brands are BACK (see Bain & Co study).
There was a lot of hype around the Web3 and blockchain technologies this year. I was to imagine that the Web3 would become such an opportunity for the luxury industry when I wrote this article about Bitcoin & Luxury in Jan 2018. This trend is now on every luxury marketer's mind (check my special report on Luxury & The Web3 for a deep dive).
It is only a few weeks before the end of 2021, but things are starting to pick up speed. It's time to wrap up the year with an amazing year!
I hope this newsletter will inspire you, surprise you and make you think… What the Luxe?!
Cheers,
PS: feel free to hit reply to leave a comment, I read and answer every message
💡 Products & Trends
- Altagamma and Bain annual study shows that the luxury market is BACK
- The typical luxury watch buyer is getting younger
- You'll be able to dress your kids in Off-White soon
- Beauty brands unveil their advent calendars
- Mary-Kate and Ashley Olsen create their own fragrance
🛍️ Experience & Retail
- Louis Vuitton to host two major shows in Shanghai and Miami
- Benefit partners with Uber Eats for beauty gift delivery
- AI beauty tech goes after male consumers
⛓️ Web3 & The Metaverse (New)
- Discover the discontinued Patek Philippe watch that was turned into an NFT
- Charlotte Tilbury brings holiday experience to the Metaverse
- Why Luxury should be Looking at NFTs, Gaming and the Metaverse
🌲 Sustainability & Purpose
- Balmain unveils The Together Project
- Ferragamo launches 300-piece upcycled collection Icon-Up
- The sustainable practices of UK Fashion brands
💼 Business & Finance
- Tapestry Group (Coach) increases prices at most of its brands
- The reasons behind the optimism of the American beauty market
- Will Richemont buy online retailer Farfetch?
📺 Marketing and Advertising
- Gucci names a Squid Game actor as global brand ambassador
- When consumers turn to TikTok for their holiday shopping
- Balenciaga unveils 'Hacker Project' in 74 spaces worldwide
✌🏼 Misc
- A $9,000 iPhone customized with a tooth of an 80 million-year-old Tyrannosaurus Rex.
- Lady Gaga Promoted ‘House of Gucci’ Looking Like Donatella Versace
- Diesel revails its second doggie capsule collection
Long form content (>1min)
The Business of Fashion - Welcome to the Metaverse ( 2m41 )
Rolls-Royce Motor Cars - Embrace the Night | Black Badge Ghost ( 1m10 )
Guerlain - Women For Bees: Training the Beekeepers ( 2m07 )
Short form content (<1min)
CHANEL - A VERY CHANEL HOLIDAY ( 30s )
Jaeger-LeCoultre - Valley Of Wonder - The Art of Design ( 15s )
RIMOWA Holiday | The Gift of Aluminium Grooves ( 15s )
The World of Effervescence - End of Year Film - Moët & Chandon ( 38s )
On top of the regular What The Luxe, I share deep-dives on hot topics in the luxury industry with the Premium subscribers.
Check the full list of Special Reports.
Here are the latest special reports:
- 01 - Luxury & Purpose
- 02 - Luxury & Holidays / Gifting
- 03 - Luxury & Craftsmanship
- 04 - Luxury Private Labels
- 05 - What is luxury?
- 06 - Luxury & Data
- 07 - Luxury & Augmented Reality (AR)
- 08 - 8 Luxury Trends for 2021
- 09 - The State of Luxury Videos
- 10 - Luxury & Podcasts
- 11 - Luxury, Crypto & Blockchain
- 12 - Luxury & Live video
- 13 - Learnings from 100 luxury pandemic campaigns
- 14 - Data & insights guide (part 1)
- 15 - Data & insights guide (part 2)
- 16 - Data & insights guide (part 3)
- 17 - Luxury & Nostalgia
- 18 - Luxury & The Web3
Have you considered going premium?
If yes, subscribe now to What The Luxe Premium and gain access to the full experience and to support our work <3
Luxury is as much about business as it is about creativity. Staying inspired is key. Here’s a selection of what keeps me inspired:
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