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It’s a new luxury industry. Booming growth has slowed, one-time leaders have shuttered, and internal tiers have become more defined. Amid challenging macroeconomic conditions, consumers and retailers are changing their priorities and, at the same time, transforming the landscape as it stands. This week, Glossy explores what subcategories are thriving, how the 1 percent is indulging and what defines status now — all with a lens on the resulting opportunities for brands and retailers and the longer-term implications. Where do we go from here?
The
of
Luxury
WHAT'S WORTHY OF
INVESTMENT IN 2024
State
Health is wealth for a growing number of affluent Americans
A rapidly growing cottage industry is disrupting the healthcare system: out-of-pocket preventative products and services.
LEXY LEBSACK
Our customers are the very longevity-focused biohacker types who are very into health.
EMILY JENSEN
The most luxurious fragrances can't be bought in stores
Beyond the high-end perfume counter exists another, more exclusive tier: the five-figure custom perfume.
EMILY JENSEN
Stay golden: The new era of luxury tanning
Even as attitudes around sunbathing shift, the status of a tan has yet to lose its luster.
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It’s a new luxury industry. Booming growth has slowed, one-time leaders have shuttered, and internal tiers have become more defined. Amid challenging macroeconomic conditions, consumers and retailers are changing their priorities and, at the same time, transforming the landscape as it stands. This week, Glossy explores what subcategories are thriving, how the 1 percent is indulging and what defines status now — all with a lens on the resulting opportunities for brands and retailers and the longer-term implications. Where do we go from here?
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BACK TO TOP
LEXY LEBSACK
How socks became the new status symbol
A few years ago, socks provided protection and comfort to our feet. Today, socks tell the world where you fit into society.
Socks allow millennial and Gen-Z shoppers to participate in a brand without purchasing high-ticket items like handbags.
JILL MANOFF
The future of luxury e-commerce
As brands become more digital-savvy and promotions-averse, luxury e-tailers are losing their luster.
You get a lot more information about an individual item than through a Story on Instagram.
SARA SPRUCH-FEINER
Luxury shoppers are hitting Substack before adding to cart
Substack has emerged as a go-to resource for fashion shoppers debating their next investment.
DANNY PARISI
These fashion collectors view their expensive goods as assets
More consumers are amassing large collections of exclusive, high-priced accessories with an eye on their resale value, treating them like portfolios.
Luxury prices will continue to rise. We may see a deliberate strategy of perpetual price escalation.
DANNY PARISI
How much higher can
luxury prices go?
Luxury brands are increasingly raising their prices to get more value out of their most valuable customers: hyper-affluent, high-frequency buyers.
ZOFIA ZWIEGLINSKA
Inside Chris Burch's
celeb-frequented luxury resort
Designed to be a sanctuary, Nihi Sumba has become a hidden gem for the ultra-wealthy and A-list celebrities.
ZOFIA ZWIEGLINSKA
How athletes are changing the luxury marketing game
Athletes are now the ultimate luxury ambassadors, thanks to their aspirational lifestyles and sense of relatability that’s hard to beat.
We’re meeting driven women where they are. They drive a car, they travel, and they wear stylish clothes.
JILL MANOFF
Inside fashion's love affair with Porsche
To get in front of target audiences and forward their aspirational alignment, fashion and Porsche are increasingly, officially and unofficially, getting in bed.
TATIANA PILE
The locals’ guide to Mexico City
Where to shop and dine, according to insiders, as affluent customers and high-end developments move in.
Our customers are the very longevity-focused biohacker types who are very into health.
SARA SPRUCH-FEINER
GenZ and luxury
A rapidly growing cottage industry is disrupting the healthcare system: out-of-pocket preventative products and services.
TATIANA PILE
Have we hit peak wellness spa?
Beyond the high-end perfume counter exists another, more exclusive tier: the five-figure custom perfume.
EMILY JENSEN
Stay golden: The new era of luxury tanning
Even as attitudes around sunbathing shift, the status of a tan has yet to lose its luster.
EMILY JENSEN
From art to furniture, what tastemakers are buying now
Even as attitudes around sunbathing shift, the status of a tan has yet to lose its luster.
Our customers are the very longevity-focused biohacker types who are very into health.
EMILY JENSEN
The most luxurious fragrances can't be brought in stores
Beyond the high-end perfume counter exists another, more exclusive tier: the five-figure custom perfume.
Socks allow millennial and Gen-Z shoppers to participate in a brand without purchasing high-ticket items like handbags.
LEXY LEBSACK
How socks became the new status symbol
A few years ago, socks provided protection and comfort to our feet. Today, socks tell the world where you fit into society.
JILL MANOFF
The future of
luxury e-commerce
As brands become more digital-savvy and promotions-averse, luxury e-tailers are losing their luster.
You get a lot more information about an individual item than through a Story on Instagram.
SARA SPRUCH-FEINER
Luxury shoppers are hitting Substack before adding to cart
Substack has emerged as a go-to resource for fashion shoppers debating their next investment.
DANNY PARISI
These fashion collectors view their expensive goods as assets
More consumers are amassing large collections of exclusive, high-priced accessories with an eye on their resale value, treating them like portfolios.
Luxury prices will continue to rise. We may see a deliberate strategy of perpetual price escalation.
DANNY PARISI
How much higher can
luxury prices go?
Luxury brands are increasingly raising their prices to get more value out of their most valuable customers: hyper-affluent, high-frequency buyers.
ZOFIA ZWIEGLINSKA
Inside Chris Burch's
celeb-frequented luxury resort
Designed to be a sanctuary, Nihi Sumba has become a hidden gem for the ultra-wealthy and A-list celebrities.
ZOFIA ZWIEGLINSKA
How athletes are changing the luxury marketing game
Athletes are now the ultimate luxury ambassadors, thanks to their aspirational lifestyles and sense of relatability that’s hard to beat.
If a luxury brand can associate itself with an athlete a fan loves at age 12, they can build lifelong loyalty.
We’re meeting driven women where they are. They drive a car, they travel, and they wear stylish clothes.
JILL MANOFF
Fashion's love affair
with Porsche
Luxury brands are increasingly raising their prices to get more value out of their most valuable customers: hyper-affluent, high-frequency buyers.
TATIANA PILE
The locals’ guide to
Mexico City
Where to shop and dine, according to insiders, as affluent customers and high-end developments move in.
If a luxury brand can associate itself with an athlete a fan loves at age 12, they can build lifelong loyalty.
SARA SPRUCH-FEINER
GenZ and Luxury
While they initially embraced dupes, as Gen Zers grow up, they're getting their first tastes of luxury.
TATIANA PILE
Have we hit peak
wellness spa?
Designed to be a sanctuary, Nihi Sumba has become a hidden gem for the ultra-wealthy and A-list celebrities.
ALL
From art to furniture, what's worth buying now
Even as attitudes around sunbathing shift, the status of a tan has yet to lose its luster.
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It’s a new luxury industry. Booming growth has slowed, one-time leaders have shuttered, and internal tiers have become more defined. Amid challenging macroeconomic conditions, consumers and retailers are changing their priorities and, at the same time, transforming the landscape as it stands. This week, Glossy explores what subcategories are thriving, how the 1 percent is indulging and what defines status now — all with a lens on the resulting opportunities for brands and retailers and the longer-term implications. Where do we go from here?
It’s a new luxury industry. Booming growth has slowed,
one-time leaders have shuttered, and internal tiers have become more defined. Amid challenging macroeconomic conditions, consumers and retailers are changing their priorities and, at the same time, transforming the landscape as it stands. This week, Glossy explores what subcategories are thriving, how the 1 percent is indulging and what defines status now — all with a lens on the resulting opportunities for brands and retailers and the longer-term implications. Where do we go from here?
It’s a new luxury industry. Booming growth has slowed,
one-time leaders have shuttered, and internal tiers have become more defined. Amid challenging macroeconomic conditions, consumers and retailers are changing their priorities and, at the same time, transforming the landscape as it stands. This week, Glossy explores what subcategories are thriving, how the 1 percent is indulging and what defines status now — all with a lens on the resulting opportunities for brands and retailers and the longer-term implications. Where do we go from here?
It’s a new luxury industry. Booming growth has slowed, one-time leaders have shuttered, and internal tiers have become more defined. Amid challenging macroeconomic conditions, consumers and retailers are changing their priorities and, at the same time, transforming the landscape as it stands. This week, Glossy explores what subcategories are thriving, how the 1 percent is indulging and what defines status now — all with a lens on the resulting opportunities for brands and retailers and the longer-term implications. Where do we go from here?
It’s a new luxury industry. Booming growth has slowed,
one-time leaders have shuttered, and internal tiers have become more defined. Amid challenging macroeconomic conditions, consumers and retailers are changing their priorities and, at the same time, transforming the landscape as it stands. This week, Glossy explores what subcategories are thriving, how the 1 percent is indulging and what defines status now — all with a lens on the resulting opportunities for brands and retailers and the longer-term implications. Where do we go from here?
It’s a new luxury industry. Booming growth has slowed,
one-time leaders have shuttered, and internal tiers have become more defined. Amid challenging macroeconomic conditions, consumers and retailers are changing their priorities and, at the same time, transforming the landscape as it stands. This week, Glossy explores what subcategories are thriving, how the 1 percent is indulging and what defines status now — all with a lens on the resulting opportunities for brands and retailers and the longer-term implications. Where do we go from here?
It’s a new luxury industry. Booming growth has slowed, one-time leaders have shuttered, and internal tiers have become more defined. Amid challenging macroeconomic conditions, consumers and retailers are changing their priorities and, at the same time, transforming the landscape as it stands. This week, Glossy explores what subcategories are thriving, how the 1 percent is indulging and what defines status now — all with a lens on the resulting opportunities for brands and retailers and the longer-term implications. Where do we go from here?
LEARN MORE
It’s a new luxury industry. Booming growth has slowed,
one-time leaders have shuttered, and internal tiers have become more defined. Amid challenging macroeconomic conditions, consumers and retailers are changing their priorities and, at the same time, transforming the landscape as it stands. This week, Glossy explores what subcategories are thriving, how the 1 percent is indulging and what defines status now — all with a lens on the resulting opportunities for brands and retailers and the longer-term implications. Where do we go from here?
HIDE INTRO
It’s a new luxury industry. Booming growth has slowed, one-time leaders have shuttered, and internal tiers have become more defined. Amid challenging macroeconomic conditions, consumers and retailers are changing their priorities and, at the same time, transforming the landscape as it stands. This week, Glossy explores what subcategories are thriving, how the 1 percent is indulging and what defines status now — all with a lens on the resulting opportunities for brands and retailers and the longer-term implications. Where do we go from here?
LEARN MORE
It’s a new luxury industry. Booming growth has slowed,
one-time leaders have shuttered, and internal tiers have become more defined. Amid challenging macroeconomic conditions, consumers and retailers are changing their priorities and, at the same time, transforming the landscape as it stands. This week, Glossy explores what subcategories are thriving, how the 1 percent is indulging and what defines status now — all with a lens on the resulting opportunities for brands and retailers and the longer-term implications. Where do we go from here?
HIDE INTRO
LEARN MORE
It’s a new luxury industry. Booming growth has slowed,
one-time leaders have shuttered, and internal tiers have become more defined. Amid challenging macroeconomic conditions, consumers and retailers are changing their priorities and, at the same time, transforming the landscape as it stands. This week, Glossy explores what subcategories are thriving, how the 1 percent is indulging and what defines status now — all with a lens on the resulting opportunities for brands and retailers and the longer-term implications. Where do we go from here?
HIDE INTRO
SARA SPRUCH-FEINER
Gen Z and luxury
While they initially embraced dupes, as Gen Zers grow up, they're getting their first tastes of luxury.
LEARN MORE
It’s a new luxury industry. Booming growth has slowed, one-time leaders have shuttered, and internal tiers have become more defined. Amid challenging macroeconomic conditions, consumers and retailers are changing their priorities and, at the same time, transforming the landscape as it stands. This week, Glossy explores what subcategories are thriving, how the 1 percent is indulging and what defines status now — all with a lens on the resulting opportunities for brands and retailers and the longer-term implications. Where do we go from here?
HIDE INTRO
LEARN MORE
It’s a new luxury industry. Booming growth has slowed,
one-time leaders have shuttered, and internal tiers have become more defined. Amid challenging macroeconomic conditions, consumers and retailers are changing their priorities and, at the same time, transforming the landscape as it stands. This week, Glossy explores what subcategories are thriving, how the 1 percent is indulging and what defines status now — all with a lens on the resulting opportunities for brands and retailers and the longer-term implications. Where do we go from here?
HIDE INTRO
LEARN MORE
It’s a new luxury industry. Booming growth has slowed,
one-time leaders have shuttered, and internal tiers have become more defined. Amid challenging macroeconomic conditions, consumers and retailers are changing their priorities and, at the same time, transforming the landscape as it stands. This week, Glossy explores what subcategories are thriving, how the 1 percent is indulging and what defines status now — all with a lens on the resulting opportunities for brands and retailers and the longer-term implications. Where do we go from here?
HIDE INTRO
