
Luxury Commentary
1 Nov 2024
3 Min Read
Shaping Cultures of Innovation: Do, Don’t Tell
Luxury is luxury because of craft, care, and innovative product. Which creates story, cultural relevance, culture creation and, in turn, price premium, prestige, perceived value. But the combination of globalisation, changes in manufacturing, the ‘business of luxury’, myopia in measurement strategy and over-optimisation has resulted in a great short-circuiting of a sector. Timelessness comes from subtle innovation, and subtle innovation comes from within.
“No one ever made a decision because of a number. They need a story.”
Luxury Commentary