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"Luxury is not just about products; it’s about the experience." In the world of luxury fashion, every detail holds a special value—from selecting the perfect piece to delivering an exceptional client experience. As someone working in this field, I believe that clients seek more than just a beautiful product; they desire a unique experience that makes them feel valued and appreciated. Clients in the luxury sector expect genuine attention to their needs and tastes, and they want to feel like the center of the brand’s focus. This is what I constantly strive to achieve by building long-term relationships based on trust and respect and delivering services that exceed expectations. In the end, luxury is not just in the product but in the experience that reflects the essence of the brand. What do you think? How can we enhance the customer journey in the luxury sector? #LuxuryFashion #CustomerExperience #LuxuryRetail #SalesExcellence #LuxuryLifestyle #FashionExcellence #EleganceInDetails
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Has the luxury industry lost 50 million customers? 🤔 I don’t think so. The statement is misleading. Have major #luxury brands lost 50 million customers? That might hold some truth, though the number seems exaggerated. Luxury and #fashion are emotionally driven, not practical products. While price increases naturally exclude some potential buyers, other factors drive people away. Here are a few: The omnipresent becomes ordinary: When exclusivity is everywhere, the magic fades. Rarity matters: Excellence in products and processes should be rare, not overshadowed by short-term profit goals. Diluted brands: A clear and distinct message is vital. The future lies in niche groups. Focus on product and creativity: It's time to prioritize innovation and exceptional quality. What do you think? I’d love to hear your thoughts! 😊 #luxurybusiness #luxurydesign #recordarbarcelona #fashion #fashionbusiness
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Why do luxury brands burn unsold stock? Because true luxury thrives on scarcity. In a world where discount bins reign, exclusivity fuels desire. Follow us for more branding tips! #branding #premiumbranding #louisvuitton #prada #dolcegabbana #chanel #fashionweek #rebrandwithnorthera
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The past four months have been an incredible journey of transformation and self-discovery with FAD Institute of Luxury Fashion & Style. From diving deep into new concepts to engaging in thought-provoking discussions, every moment has been an opportunity to learn, unlearn and grow. I am thrilled about the road ahead and excelling further. #FAD #Luxury #Fashionmanagement #fashionstylist #Luxuryfashion
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If, as highlighted in this Forbes article, the luxury market won’t start recovering until 2025, waiting is not an option. For brands, this is the moment to invest in fashion-specific Planning solutions that ensure resilience and prepare for a competitive comeback. Why act now? Simply put: Outpace Your Competitors: Be prepared to scale efficiently and dominate as recovery begins. Those who invest today will be the ones to lead tomorrow. https://lnkd.in/dmHq6mKp #Luxury #Retail #RetailPlanning #RetailInnovation #Fashion #Brands #CentricPlanning #CentricPricing #CentricPLM #CentricMarketIntelligence #LifeWithCentric #DigitalTransformation #Innovation #FashionInnovation #Forbes
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"As the era of abundance nears the end, over-consumption will gradually become socially unacceptable, pushing luxury #brands towards genuine #rarity. Saturation, environmental considerations will in turn push consumers to favor other types of #luxury consumption, contributing to the boom of experiential services such as travel and #tourism."
Professor and Thought Leader in Transformation at IMD, Luxury Industries Expert, Contributor to Forbes
For four mutually-reinforcing reasons, the current downturn affecting most luxury products brands seems more structural than cyclical, boding for some adjustments to the luxury management paradigm of the last thirty years in 2025 and beyond. Brands that buck the trend such as Automobili Lamborghini S.p.A., Miu Miu and Hermès, and from hospitality, give us precious clues on where solutions could be found. Discover the analysis in my last Forbes column of the year: https://lnkd.in/ei5XfdTb IMD, Dagorà LifeStyle Innovation Hub #luxury #futureofluxury #transformation #strategy #leadership #trust #branding #creativity #fashion #watches #hospitality #beauty
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💡”How Luxury Brands Can Build Strategic Resilience In 2025 👉The current downturn for many luxury brands, especially, the big ones, is an opportunity to rethink some of the long-established model and to build strategic resilience to future proof.”
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The Hidden Truth Behind Luxury Brand Names: Are They Really Worth the Price? Discover the shocking reality behind luxury brand names and their exorbitant prices. Find out why a branded t-shirt can cost ten times more than a non-branded one, and whether the quality justifies the hefty price tag. Uncover the secrets of luxury branding and make informed shopping decisions. #LuxuryBrandsExposed #HiddenTruths #PriceQualityRatio #DesignerFashion #LuxuryShopping #BrandedVsNonBranded #LuxuryLifestyle #FashionIndustrySecrets #ConsumerEducation #SmartShoppingTips
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Luxury Brands Expand into Real Estate: A New Trend in High-End Marketing Luxury brands traditionally associated with fashion and automobiles are increasingly turning to real estate as a strategic avenue for growth and marketing. Read more : https://shorturl.at/wnStP #worldrealestateleaders #realestatetrends #realestate #realestateluxurybeands
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