Search Results for: luxury customer

The Impact of Tariffs on the Luxury Industry: A Deep Dive into Global High-End Markets

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Tariffs have long been a tool of economic policy, used to regulate trade, protect domestic industries, and at times, retaliate in geopolitical disputes. However, their impact on the luxury industry—a sector that thrives on cross-border commerce, global brand prestige, and exclusivity—can be particularly pronounced. From high fashion to luxury automobiles, fine wines to five-star hospitality, … Read more

Ferrari, Tariffs, and the Future of Luxury Auto: A Red-Hot Dilemma

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Ferrari’s latest commercial policy update has sent ripples through the luxury automotive world, as the Italian marque maneuvers around impending U.S. import tariffs on EU vehicles. The move—announced just days before the April 2 deadline—seems designed to cushion the blow for its most loyal clientele while preserving its financial standing. However, the implications of this … Read more

The New Rules of Luxury: Experts’ Blueprint for Staying Exclusive Yet Accessible

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In the ever-evolving landscape of luxury, 2025 is shaping up to be a defining moment. As the post-pandemic spending frenzy cools and global economic challenges intensify, luxury brands are being forced to rethink their strategies. Kearney’s latest Global Luxury Industry Outlook (kearney.com) offers a compelling analysis of the state of the market, highlighting both headwinds … Read more

Gucci’s Search for a New Creative Director Raises Questions About the Luxury Giant’s Future

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It seems like the winds of change are blowing fiercely through Gucci, and it’s not just the brand’s ever-evolving collections causing a stir. Sabato De Sarno, the minimalist designer who took the helm as Gucci’s Creative Director in 2023, is out after less than two years in the job. This unexpected departure has left the … Read more

Luxury watchmaker is entering the high-end real estate market

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When you think of Jacob & Co., visions of dazzling diamonds, intricate horological masterpieces, and the boldness of avant-garde design likely spring to mind. The luxury watchmaker and jeweler, synonymous with crafting objects of desire, has now set its sights on a new frontier: high-end real estate. Partnering with Ohana Development, the duo has unveiled … Read more

Tech Trends 2025: A Call to Action for the Luxury Industry

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Deloitte’s 16th Annual Tech Trends report is a masterclass in technological foresight. Its key message is simple yet profound: artificial intelligence (AI) is no longer optional; it’s foundational. From shaping enterprise IT systems to redefining customer experiences, AI’s transformative power is clear. But for industries like luxury, known for their reliance on tradition, craftsmanship, and … Read more