twenty years of luxury briefing · 2017-02-16 · 1 industry reports 10 fashion & accessories...
TRANSCRIPT
1
luxury briefing
EXCLUSIVE
INTERVIEW WITH
SEBASTIEN BESSON
•VERSACE
NAMES NEW CEO
•SOPHIA WEBSTER OPENS FIRST STORE
•KATA ROCKS HOTEL
OPENS
•JAEGER-LECOULTRE COLLABORATES WITH
CHRISTIAN LOUBOUTIN
•JOHN HARDY NAMES NEW
CREATIVE DIRECTOR
•WALLPAPER*
BAR + KITCHEN LAUNCHES
•CATHAY PACIFIC A350
ARRIVES IN
HONG KONG
•PLUS: Q&A
WITH JEREMY ROBSON
188
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Industry reports
10 Fashion & Accessories
12 Beauty & Wellness
14 Hospitality
16 Luxury Services
18 Jewellery & Watches
20 Food & Drink
22 Travel & Aviation
Regulars1 Contents
2 Events Calendar
24 Luxury retail property news
London, Europe & New York
33 Wealth Report
AAG
34 Brand Matter
Georgia Fendley
35 Q&A
Jeremy Robson
Features
4 Luxury Briefing Insight Feature
SIR ERIC PEACOCK meets Sebastien Besson of Armand de Brignac
to discuss the meteoric rise of the champagne brand
23 Luxury Futures
Over a six-part series RUTH MARSHALL-JOHNSON and SHIFRA COOK
delve into how some of the smartest thinkers and inventors are
shaking up different elements of our lives with new tech and digital
innovations
26 Digital Thinker
Traackr’s Vice President EMEA, NICOLAS CHABOT, looks at influencer
marketing in the luxury sector
28 Limited Editions
THERESA HAROLD explores the storied history of the world’s oldest
jewellery house: Garrard
C O N T E N T S
THE SYDNEY INTERNATIONAL BOAT SHOWThe largest recreational marine event in the southern hemisphere – 28 July – 1 August 2016
Sydney Exhibition Centre at Glebe Island and Cockle Bay Marina in Darling Harbour
THE LAND ROVER BURGHLEY HORSE TRIALSPrestigious equestrian event with a shopping village of more than 600 exhibitors – 1-4 September 2016
Burghley Park, Lincolnshire
CITI WORLD LUXURY EXPO, SEOULLeading brands exhibit to invitation-only HNWI audience – 2-4 September 2016
Grand Hyatt, Seoul
HONG KONG WATCH AND CLOCK FAIRThe 35th edition of the annual timepiece trade show – 6-10 September 2016
Hong Kong Convention and Exhibition Centre
LUXURY HOSPITALITY CONFERENCE & EXPOPremier event for the luxury, hospitality and wellness travel communities – 25-27 September 2016
Washington D.C., Gaylord National Resort & Convention Center
GLOBAL WELLNESS SUMMITInternational gathering of global wellness industry leaders – 17-19 October 2016
KitzKongress, Kitzbühel, Tyrol
THE LUXURY TRAVEL FAIRCondé Nast Traveller presents a collection of the finest and most unique holidays – 3-6 November 2016
Olympia, London
VOICESBusiness of Fashion’s annual summit for fashion insiders – 1-3 December 2016
Soho Farmhouse, Oxfordshire
ART BASELContemporary art show connecting galleries, patrons, and the international art world – 1-4 December 2016
Miami Beach Convention Centre
E V E N T S C A L E N D A R
Luxury Briefing
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luxury briefing
C O N T R I B U T O R S
FMS Global Media | Editorial: Harriet Linder, Sophie Walker, Theresa Harold Subscription Manager: [email protected]
Keith Wilson
Keith is one of the founding directors of Wilson Mchardy, a boutique agency providing investment, development and leasing advice to key clients in the luxury market. Responsible for many headline projects in London, Keith has provided strategic advice for Grosvenor Estates, Dunhill, Chanel, Richemont and Groupe Arnault among others.
Ruth Marshall-Johnson and Shifra Cook
Ruth Marshall-Johnson and Shifra Cook are co-founders of COIN Research, an independent consultancy that helps organisations anticipate tomorrow’s consumer and match the product, brand and marketing to their needs. Shifra develops unique proprietary research tools to better profile and understand luxury consumers and Ruth identifies the relationship between cultural development and consumer behaviours.
Nicolas Chabot
Nicolas Chabot is Vice President EMEA at Traackr, the leading global influencer marketing platform. His expertise includes strategic leadership, operations and commercial management, multichannel and digital media, retail and consumer brands.
Theresa Harold
Born in Hong Kong, luxury lifestyle journalist Theresa Harold has worked for numerous print and online publications in Asia and Europe. During the course of her career, she has interviewed celebrities, designers, CEOs — and memorably, a prince.
Faith Hope Consolo
Revered worldwide as the ‘Queen of Retail,’ Faith Hope Consolo’s prognostications on shopping and consumption are heeded by world-class designers, mass retailers, start-up boutiques, property owners and municipalities around the world. She has her pulse on the retail scene in New York City, and the world’s great shopping centres and high streets.
Georgia Fendley
Georgia has spent a career immersed in luxury brands – as designer, art director, brand strategist, branding agency owner, industry mentor and, of course, savvy consumer. As Brand Director of Mulberry (2008–2012), she helped to steer the company through its greatest period of financial and geographical growth and her perspective on the industry, from inside and out, is therefore acutely perceptive.
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Luxury Briefing Issue 188
I N S I G H T F E AT U R E
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Issue 188 Luxury Briefing
Instantly recognised by its
opaque metallic bottles and
distinctive Ace of Spades logo,
Armand de Brignac is the
champagne of choice for a
discerning clientele – not the
least of whom include a certain
Shawn ‘Jay Z’ Carter, who bought
the brand outright in 2014. Part
of the storied Cattier champagne
house, the Armand de Brignac
brand had lain dormant since the
1950s before a renaissance at the
start of the millennium. Since
then, the label has garnered
many accolades and to this day
holds the record for the most
expensive bottle of champagne
ever sold (the £120,000 Armand
De Brignac Midas).
Here, Sir Eric Peacock shares a
drink with Sebastien Besson on
his recent visit to London, to find
out what’s been happening since
Besson joined the company in
October 2014.
Tell me Sebastien, what’s the
history of the brand?
We always introduce our brand
for what it is, which is 250 years
of history. The Cattier family
started cultivating vineyards
back in 1763; today they are
11th generation growers. They
have been producing champagne
under their own name for just
less than 100 years now.
What is the range of product
within the brand now?
We have five different cuvées:
Traditional Brut, which is our
gold bottle; Traditional Rosé,
which is the pink bottle; very
high-end Blanc de Blancs which
is 100% Chardonnay; and Blanc
de Noirs, which is 100% Pinot
Noir. Unusually for a prestigious
maison, we also have a Demi Sec,
which is extremely highly rated.
What is the extent of your
business today, in terms of its
geographic footprint?
Our biggest market is the US,
but it is less than 40% today.
The market in France last year
doubled in size. We are all over
Europe, almost all over Asia.
We go to South America and
all of North America. Very
broad distribution.
What we know of our core
consumer is that citizenship
or nationalities are not what
matters to those people.
It’s more the lifestyle, and an
interest in the best things in life.
He could be a Malaysian living
in Los Angeles, or he could be a
German living in Paris. That’s a
very international consumer.
So we generally try to catch them
wherever they are in the world.
ACE OF SPADESSIR ERIC PEACOCK MEETS SEBASTIEN BESSON, CEO OF ARMAND DE BRIGNAC CHAMPAGNE,
TO GET A TASTE OF WHAT’S COMING UP FOR THE BRAND
Sir Eric Peacock speaks with: SEBASTIEN BESSON
6
In terms of the main
positioning of the brand,
share with us some ideas of
what you’ve been trying to do.
For example, as we expand into
high-end restaurants or hotels,
we are trying to just keep our
core message of quality. So our
message is the same, but you
don’t need to express it the
same way in a Michelin-starred
restaurant as when you do it in a
nightlife atmosphere.
What we know is that our
consumer might be the same
person who is partying in San
Tropez, and then celebrating
his wedding anniversary with
his wife in a Michelin-starred
restaurant in Paris. So, that same
consumer has different needs
and expenses, both during the
day and during the night. We
are just trying to make sure that
we are able to express how we fit
into those different situations.
How do you try to differentiate
yourself from other
champagne brands?
We are a very small house. We
are very limited in production.
So everything we do is very
finely tuned to the needs of
our customers. We try to make
sure that we offer an extremely
pleasing experience. Armand
de Brignac is all about the
enjoyment of the drinking
experience. We are about the
feeling of highly sophisticated
winemaking, which should
deliver a lot of pleasure.
Can you share with us a bit
more about the characteristics
of these consumers?
There is no doubt that they are
very premium consumers. What
we have discovered is that even in
a nightlife environment, where
it may sound like it’s more for
partying, people are very highly
educated and they have access to
information.
Everybody has a smartphone,
everybody can check the ratings,
can check all sorts of information
about everything. So something
they all have in common is they
are looking for the best. Most
consumers, especially on the
high-end, are looking for new
things. There is obviously a need
for image, there’s a need for
pleasure, and there is a need for
getting the best because they are
the best.
As those consumers are very
often the best in their own field,
you have to bring something that
fits who they are. And I think
that’s really the key to everything
we do.
Are you seeing any changes
in that consumer’s desire or
requirement?
In the industry today, a lot of
brands are very challenged
because they need to be very
authentic in everything they do.
There is a core principle of ‘no
compromise’ when it comes to
the final product you deliver.
Recently, we changed the
thickness of the cardboard that
carries our bottles. Consumers
never see the cardboard, but
I actually believed it was
important because the person
that carries that case, if the case
looks better than the cases of the
competitors, then that person
will carry it more carefully. And
that will make a difference along
the chain, which will reach the
consumer in the end.
How are you communicating
with your customers today?
Look, if we are doing it well, most
people should not hear about
it. We are the opposite of what
others do. We are very small so
we do not have the budget that
all the big guys have. But even
more importantly, what matters
to us is to be very organic and to
be very close to our customers.
So, as much as possible, most
of our events are private. We
don’t publicise them, however
fancy the crowd might have been.
Whether top models or actresses
might have been there, no
pictures are coming out.
Our very VIP customer is not
someone who needs to be in the
public eye. So everything we do
is very personalised, very tailor-
made. It takes more effort, but if
we have the right people working
with us, and the right partners, it
can reach those people in a very
natural way. I think it is more
appropriate for a brand like ours.
How do you remain
inspired creatively?
One of the challenges that I
have is that our customers are
everywhere, so I spend a lot
of time on the road. But all
that travel takes me to the best
hotels, the best restaurants,
and constantly as I travel the
world, you can see what others
experience and appreciate in life.
Recently, I was in Hong
Kong and we noticed a box in
a jewellery store. The box was
fascinating for its finishes, so we
bought the box. And the point
of it is that we are going to be
inspired by that box, because a
box is very important for us to
improve the ways we do our own
packaging.
[On another occasion], we
did an event with a jeweler and
the decoration on the tables was
not flower arrangements. It was
jewel arrangements. That’s the
inspiration you get for how you
can be creative.
When you’re travelling, are
you thinking about the
markets or the ultimate
consumers?
No, I’m really thinking about the
consumer. For us it’s always the
consumer. An example: recently,
we were organising the shipment
for an empty bottle. You might
think, ‘why are we shipping
empty bottles?’ The reason is it
was for a couple from Taiwan,
who live in Hong Kong and got
married in the south of France.
They wanted a 15 litre rosé from
Armand de Brignac, and as a
souvenir from their wedding
they wanted the bottle back in
Hong Kong. So we organised the
Previous page: Armand de Brignac champagne
Opposite: Cattier family cellars
Luxury Briefing Issue 188
I N S I G H T F E AT U R E
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We are a very small house. We are very limited
in production
Issue 188 Luxury Briefing
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shipment of that empty bottle in
a fresh new box to take it back to
their apartment in Hong Kong.
Are there any external
forces in the markets you’re
dealing with which are
affecting your brand?
Again, I think it goes back to
the small size of our business.
We are so nimble and quick at
adapting that today there is
actually very little influence
from what’s happening outside
of our business. I would not say
that we are immune to changes
around us, but the reality is
that the adaptability of that
core consumer, his ability to
move around the world, away
from problems and going to the
best places means that we are
pretty much following them and
growing with them.
Could you take us through
the process from ground
and growing the vine, to the
experience I have as I sip the
product?
I guess it goes back to what I
was saying earlier about ‘no
compromise’. We know that
in the end it’s all about the
winemaking. The winemaking
starts in the dirt, that noble dirt
in the Champagne region where
you have that harsh climate
and soil that creates those very
special vines and grapes. Taking
care of this, by hand, from the
beginning, all the way to the
pressing, and doing everything
in a way that is done better than
others are doing it.
It is never done in a gimmicky
way, but done because our
winemakers and growers believe
they can make it better.
When we press the grapes,
for example, a normal maison
will press its grapes until there’s
no more juice. At Armand de
Brignac, we only take the very
first juice. It’s not like we are
trying to waste the grapes,
because they are very special
grapes and it takes so much care
to grow them, but it’s because
that’s the very best juice. Even if
you are going to waste two-thirds
or three-quarters of the juice,
that’s what makes the difference.
You suddenly have a juice that is
so much more special, that is the
right acidity, the right everything
for the winemaker.
When you drink a glass of
Armand de Brignac, the fruit is
there, you can feel the fruit.
You can be brought into a nice
spring day in the Champagne
region and you can feel how fresh
the fruit is.
That brings me to my next
question, which is what do you
want me to feel when I drink
Armand de Brignac?
It’s interesting because
champagne, and the experience
of popping the bottle, is always
a celebration. So we know that
we are bringing to the customer
something that is celebratory.
What is important for us is to
make sure that the customer feels
that it’s not just him celebrating,
but we are celebrating with him.
We want him to feel like we
wanted to be there with him, and
that we are bringing something
very, very special.
It’s important because it is
not an industrial product they
are getting. It is a product in
which only 14 human beings
are involved. We really are a
tiny operation.
Speaking about your artisans
and workforce, and the pride
they take in the company: How
do you create that culture?
It’s something I would say the
French have been really good at
doing, which is preserving those
regions in France. Our teams are
all born into it. It’s fascinating
because just like the Cattiers
are 11th generation champagne
people, I’ve discovered that
absolutely everybody who works
there was born there.
It is rare to have innovation
in the champagne business, but
this brand took the risk, was
different from the others, and
the results are there to make
them very proud. So all of those
people have the champagne DNA
from having been born there, but
they also have immense pride for
this amazing brand.
How would you describe your
own leadership style?
I’m pretty much all about the
team. I have a very strong belief
in talent, so generally the
human resource that you bring
around a business or brand, is
what really makes it strong and
better for the future.
It’s interesting because champagne, and the experience of popping the bottle, is always a celebration
This page, opposite page: Arnand de Brignac Blanc de Noirs ; Cattier family vineyards
Luxury Briefing Issue 188
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Finally, let’s say we are
popping a bottle of
champagne five years from
now. What would you be
telling me about the journey
that you’ve been on since we
last spoke?
As I was saying before, innovation
is a core element of luxury in
general. You have to remain
modern and relevant.
We always look at winemaking
and what we can do with our
teams to eventually bring
something new to the consumer.
SIR ERIC PEACOCKis the Chairman of the luxury
furniture brand Timothy Oulton
and the parent company Halo
International. He is also Chairman
of Buckley Ltd., the holding company
for Boutin and Buckley brands.
He was formerly the Founder,
Chairman and Chief Executive of
Babygro. Now, he is also a Non-
Executive at United Kingdom Export
Finance (UKEF), which supports
UK export-focused businesses. In
addition, he has also previously
been a Non-Executive at the Foreign
and Commonwealth Office (FCO),
Business Innovation and Skills
(BSI) and United Kingdom Trade
& Industry (UKTI) government
departments and agencies.
Issue 188 Luxury Briefing
One core aspect of champagne is
that the more time we give to our
wines, the better they get. So in
five years from now, I can tell you
that if we didn’t open that bottle,
and if we waited patiently it will
be even better than it was today.
But we still have to satisfy our
needs, so we are drinking many
of them!
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FASHION + ACCESSORIES
I N D U S T R Y R E P O R T
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GANDHUM LONDON ANNOUNCES NEW STOCKISTLuxury menswear brand Gandhum is now available exclusively at Wolf & Badger, London. Founded in 2014 by Jas Gandhum, the company’s first collection, entitled ‘Indian Summer’ is a selection of suiting and linen shirts. For his debut, Gandhum takes a journey from his ancestral roots in Punjab, India. He uses traditional
bespoke Buta motif designs across clothes and accessories in a combination of traditional Indian fabrics. In keeping with its founder’s love of London, all suiting production remains in the capital. What’s more, an exclusive made-to-measure service is also available.
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ORLEBAR BROWN UNVEILS #SNAPSHORTSFrom the brand that first championed the use of photographic prints on swim shorts, comes a unique personalisation concept. The Orlebar Brown design-your-own service allows users to upload images to the dedicated app, adjust as needed, edit, and then purchase the one-of-a-kind trunks. Alternatively,
clients can browse from the curated range of Orlebar Brown’s favourite images instead. The new version of the Orlebar Brown #SnapShorts app is available to download from the App Store and Google Play, in-store, or on orlebar.co/snapshorts. Delivery of the custom shorts will be made within three weeks.
3
FURLA CEO RESIGNSItalian fashion house Furla has confirmed the resignation of Eraldo Poletto as Group CEO. Citing the pursuit of new professional interests, Poletto will nonetheless maintain his role in the company until the end of June 2016. In a statement, Furla thanked Poletto “for the important contribution he has made to the company and wishes him all the best for his personal
and professional future endeavours.” Poletto joined Furla in June 2010, and helped grow the company around the world, further developing its retail network, which in 2015 amounted a total of 415 stores.
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RAF SIMONS SHOWED AT PITTI UOMO On the occasion of Pitti Immagine Uomo 90, the renowned menswear exhibition presented ‘Florence Calling: Raf Simons’, an event celebrating one of the most innovative minds in contemporary fashion and his return to Florence. “Florence holds a special place in my heart, as, over the years, I have regularly
come back to show my work or to collaborate on ventures that closely mirrored my thoughts about it. I am thrilled to be here again this season to present my S/S collection as well as a special project we are developing especially for Pitti,” said Simons. “We are both happy and proud that Raf Simons [came] back to Florence,” says Lapo Cianchi, Pitti Immagine Director of Communications and Events.
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JONATHAN SAUNDERS JOINS DIANE VON FURSTENBURGDiane von Furstenberg has announced the appointment of British designer Jonathan Saunders as Chief Creative Officer. “Jonathan’s extraordinary passion for colors and prints, his effortless designs, and his desire to make women feel beautiful make him the perfect creative force
to lead DVF into the future,” said Diane von Furstenberg, Founder and Chairwoman of Diane von Furstenberg Studio, LLC. “I could not have found a cooler, more intelligent designer and I cannot wait to watch him shine as our chief creative officer.” Having launched his eponymous womenswear label in 2003, Saunders has made a name for himself as one of London’s leading design talents. “The spirit with which this brand was founded is incredibly relevant today. I am thrilled to be part of its next chapter,” said Saunders.
Luxury Briefing Issue 188
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I N D U S T R Y R E P O R T
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OLIVIER ROUSTEING JOINS FORCES WITH NIKELABFrench fashion designer Olivier Rousteing has partnered with sportswear giant Nike to create a NikeLab x Olivier Rousteing: Football Nouveau collection. “Fashion is usually about the catwalk and the glamour, but with Nike it was about performance and the athletes,” reveals Rousteing. “What I love
about this collection is that we are integrating the iconic style of football into sport style.” Bringing his formidable tailoring skills – which have made him such a success at Balmain – to Nike, Rousteing kept his luxurious aesthetic relevant to the football field. “Olivier was obsessed with the complete look,” explains Jarrett Reynolds, NikeLab Senior Apparel Design Director. “At every design review, he’d ask, ‘Would a football player really wear that?’ That question helped keep the collection rooted in sport.”
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SOPHIA WEBSTER OPENS FIRST STANDALONE STOREBritish footwear maven Sophie Webster has inaugurated her first monobrand store. The new flagship, which is located on London’s Mount Street, will offer the latest shoe and handbag collections, in-store exclusives as well as the brand’s full evening, bridal and mini
collections. Designed in collaboration with Studio XAG’s Xavier Sheriff and Gemma Ruse, as well as Simone Suss from Studio Suss, the fun and whimsical space reflects Webster’s signature style. “I have long dreamt of a physical destination for those who already follow and support my brand online and through social media so they can truly step into my world,” Webster explains. “[…] It is the start of a very exciting new chapter.”
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CHRISTOPHER KANE DEBUTS SNEAKER COLLECTIONBritish fashion and accessories brand Christopher Kane has launched a sneaker line, hot on the heels of the recently launched eyewear range. Available on luxury e-commerce sites such as Net-A-Porter, and at its flagship store on Mount Street, London, the new range comprises three shoe
models in various colours including black, grey, navy and neon. Featuring a thick, flexible sole, the shoes incorporate many of the brand’s signature styles such as safety belt buckles and unusual print.
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TOD’S CREATIVE DIRECTOR STEPS DOWN After three years at the helm of the company, Tod’s has announced that Alessandra Facchinetti has resigned as creative director of the brand’s womenswear department. Speaking about the move, Facchinetti stated: “I will now focus on other projects that I have put aside in order to be able to achieve Tod’s
strategies. It has been an honor to work with this extraordinary family company which puts quality, craftsmanship and excellence at the center of its business and I am grateful to Tod’s and especially to Diego and Andrea Della Valle, who have given me outstanding support and who will remain dear friends.” Facchinetti replaced Derek Lam when she joined the team. Her successor has yet to be named.
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.VERSACE NAMES NEW CEOVersace has announced the appointment of Jonathan Akeroyd as the new CEO. “Jonathan brings a proven track record in building global brands, steering growth and driving strategic development,” said Donatella Versace, Vice President and Artistic Director. “His industry expertise and vision will be key to advancing the next phase of Versace’s
development.” Having served as CEO of Alexander McQueen from 2004 until May 2016, Akeroyd oversaw one of the company’s most robust periods. He replaces Gian Giacomo Ferraris who joined Versace in 2009. “It is an honor to be joining such a dynamic and innovative organization. […] I look forward to implementing a long-term business strategy that supports the visionary and creative direction of Donatella Versace and her team,” said Akeroyd.
Issue 188 Luxury Briefing
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ELEVATION HIRAFU COMMENCES SECOND DEVELOPMENT PHASEDesigned by Japanese architect Kengo Kuma, Elevation Hirafu is the only gated luxury community in Upper Hirafu located in the heart of Niseko. The 16,000-square metre estate has now entered its second phase of development, with the
first custom-designed house having broken ground in May. “You will see a transformation by this summer” says Jeanette Hall, Managing Partner of developer Zekkei Properties. “With the landscaping and entrance wall to be completed by July, Elevation’s completely luxurious environment, which is unique in the upper village, will become apparent.”
4
WESTFIELD LAUNCHES VIRTUAL STYLIST WITH SANDERSON HOTELWestfield London has partnered with Sanderson Hotel to trial a pioneering retail service. Through a mirror installed in Sanderson’s Loft Suite, guests can enjoy a virtual styling session with a Westfield stylist and shop the looks without leaving their room. The items
are then delivered within 90 minutes via Virgin Limo Bikes. Myf Ryan, Chief Marketing Officer, Westfield said: “Westfield knows that shoppers are looking to physical retailers to go beyond the transaction and provide richer consumer experiences that can’t be replicated online. The ‘Virtual Stylist’ delivers such an experience to the discerning customer who wants all the convenience of online shopping coupled with the personal service and human interactivity of a stylist selecting directly from the in-store range.”
3
STRATAJET RELEASES JET BOOKING PLATFORMStratajet is the world’s first real-time private jet booking platform that is set to revolutionise the private aviation sector. Using algorithms to calculate real-time prices, Stratajet is able to make the most of the fact that 40% of private jets currently fly with no passengers. “We are delighted to launch
Stratajet to the flying public,” said CEO and Founder, Jonny Nicol. “Fast forward to the day when most of the world’s jets are available through our platform and empty flights are a thing of the past. This is the Stratajet revolution – one aimed at lowering costs, improving jet operator profitability and bringing private flight to the mainstream traveller”.
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Y.CO LAUNCHES ON-WATER BEAUTY RETREAT Showcasing a wide range of tailored treatments including onboard personal training, bespoke food programmes, massages, scrubs, and yoga sessions, ‘Pure’ is the first superyacht wellbeing retreat of its kind. Curated by Y.CO, the luxury boat sales and yacht charter company, ‘Pure’ has partnered with various prestigious
health specialists such as KX Gym, Yeotown Retreat, and Elixir Clinics. Celebrity facialist Anastasia Achilleos is also on-hand to use her unique technique beloved by A-listers. This exclusive retreat has been designed with a new breed of hedonist in mind – one who wants to leave their holiday feeling healthier than when they embarked.
2
IBIZA DELIVERS OFFERS WATER TAXI SERVICELeading villa and yacht provider, Ibiza Delivers, has launched Ibiza Delivers Offshore Service. Billed as the island’s first luxury water taxi service, the custom-made Hunton 1005 RIB boat features teak decking and light grey upholstery throughout. Guests will be greeted by the on-board crew and provided with a chilled face towel
and a bottle of VOSS water. There is also a bar, sponsored by English sparkling winemakers Nyetimber. Ibiza Delivers co-founder, David Max comments: “Two thirds of Superyachts visiting Ibiza moor offshore, so this service will really help them to operate the yacht more efficiently and better service the guests’ needs, as opposed to using their tenders to collect provisions from the marina or an island jetty.”
LUXURY SERVICES
I N D U S T R Y R E P O R T
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ALIVIA ARRIVES IN THE UKNew to the UK, Swiss-founded Health Management Service Alivia is set to revolutionise healthcare. Unlike private medical insurance, Alivia is not constrained by contracts or networks. This allows patients to approach their healthcare choices with the same due diligence that they would with other major life decisions. After all, the greatest wealth is health. Founded in Zurich
in 2010 by a group of entrepreneurs, Alivia is the brainchild of Dr Vidar Arnulf, an anaesthesiologist from Norway with more than 30 years of experience in the healthcare industry. Richard Kensett, Alivia’s UK Managing Director explained: “With access to advanced medical intelligence with global reach that no other health management service can provide, Alivia can truly make a difference to people’s lives.”
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WALLY CLASS INTRODUCES YACHT RACING APPIn an industry first, yacht manufacturer Wally has launched a mobile application for yacht racing. “The yachting market is very conservative and Wally has always led the pack, introducing all the main innovations today used by the industry,” said Monica Paolazzi, communications and public relations at Wally.
“Similarly, we’d expect the market to respond also to the Wally Class app generating more interest around our racing division.” The new app gives users direct access to the Wally Class fleet, live racing information, and Wally Class contacts among other features. It is available for iOS and Android.
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VIRGIN ATLANTIC CLUBHOUSE TO OFFER ANTI-AGEING FACIALBeloved by celebrities, the Nouveau A-life anti-ageing facial is now available at both the Heathrow and Gatwick Clubhouse Spas for Virgin Atlantic’s Upper Class customers. Part of the renowned Nouveau Beauty Group, Nouveau Skin Therapy is the official
distributor of A-Lift. Karen Betts, Founder of Nouveau Beauty Group commented: “We’re delighted to be working with Virgin Atlantic and bringing this product to their Clubhouses. Unlike many other anti- ageing facial treatments, A-Lift is non-invasive and causes no redness or irritation to the skin. It can also be done in a short space of time, making it the perfect pre-flight treatment.”
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MASERATI AND LA MARTINA LAUNCH #POLOSTORIESItalian car manufacturer Maserati has partnered with Argentine sportswear brand La Martina to launch a global storytelling project anchored by a video series. The parallels between the equestrian and automotive worlds were highlighted in the first episode, which features polo player Ebe Sievwright entering a
Maserati while a voiceover draws connections between the preparation for racing and riding. This creative project will follow the Maserati Polo Tour closely and will tell a different story at each stage of the World Tour. Each episode will unveil one of the limited edition polo shirts created by La Martina for Maserati, with only 300 pieces available to celebrate each leg of the Maserati Polo Tour.
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THE MARK HOTEL INTRODUCES 24-HOUR WELLNESS CONCIERGE The Mark Hotel has upped its fitness game with the introduction of its exclusive in-house service for guests visiting New York. The new Wellness Concierge team is on hand around-the-clock for insider knowledge and access to the city’s finest fitness classes. Through the Wellness Concierge,
New York’s renowned personal trainer, Dan Flores, is available to tailor a one-on-one session to each individual’s needs. Set on the Upper East Side with Central Park on its doorstep, The Mark offers maps of the best jogging tracks in Central Park, a fleet of custom bicycles to navigate the park, or branded yoga mats for a spot of sun salutation.
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REEF HOUSE VILLA AVAILABLE TO RENT Located on the east end of Virgin Gorda in the British Virgin Islands, Oil Nut Bay is one of the world’s most secluded and pristine natural settings. Now, guests have the chance to experience this area of natural beauty by staying at the Reef House Villa, which was recently placed on Oil Nut Bay’s rental scheme. Accessible only
by boat or helicopter, it is a unique retreat for the discerning jetsetter. As one would expect, the property features ocean views, three spacious bedrooms, and a wide range of activities including water sports, spa treatments and hiking. Reef House Villa also offers access to luxury amenities and a concierge service.
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PARK HYATT MALLORCA NOW ACCEPTING RESERVATIONS Overlooking the picturesque Canyamel valley, Park Hyatt Mallorca marks the company’s entry into the Spanish island. “Mallorca is one of Europe’s most beautiful areas, and we believe that Park Hyatt Mallorca will deliver an unprecedented level of luxury and an unrivaled hospitality experience for guests,”
said Peter Norman, Senior Vice President, Real Estate and Development for EAME, Hyatt Hotels & Resorts. Park Hyatt Mallorca features 142 luxurious guest rooms and 16 sumptuously designed suites. The majority of the hotel’s food and beverage produce will be sourced locally – from sustainably caught fish to free-range poultry, local farm-grown vegetables, fruit and olives and seasonally procured cheese and olive oil.
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KATAMAMA BOUTIQUE HOTEL OPENS IN BALISet on one of the last parcels of land in Seminyak, Bali’s most prestigious oceanfront region, Katamama is a newly opened 58-suite boutique hotel. An intimate and serene establishment, it is the first hotel by the Jakarta-based PTT Family, the Group behind the highly successful Potato Head
Beach Club. Showcasing the finest in Indonesian craftsmanship and culture, renowned local architect Andra Martin worked with Singapore-based design company Takenouchi Webb to incorporated Balinese bricks, teak, hand-made tiles from Java and terrazzo made on-site into the interior décor. Katamama is a member of the Preferred Hotels Legend Collection.
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KATA ROCKS: WORLD’S FIRST SUPER YACHT HOTEL OPENS Situated near Kata in Phuket, the newly opened Sky Villas at Kata Rocks promises the experience of a super yacht – on land. The 43 villas comprise one-, two-, three-, or four-bedroom residences, with fully fitted kitchens, living and dining areas, and floor-to-ceiling glass patio doors. In addition, there
is a sea view restaurant, a 35–metre infinity pool with poolside bar, and its very own jetty allowing access by private yacht. Contemporary super yacht design influences can be seen in the wall-to-wall glass, and the bed and sunken bath overlooking the Andaman Sea. Guests also have access to the use of a private chef and celebrity DJs.
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DESERT PALM PER AQUUM LAUNCHES VILLA LAYALIA short drive from downtown Dubai, the just-unveiled Villa LAYALI by Desert Palm PER AQUUM is a three-bedroom property spanning 845-square metres amongst the tall palm trees. With interiors by the award-winning designer Isabelle Miaja, the villa exudes Arabian avant-
garde luxury. Guests arrive via a private entrance, entering through high gates to the villa gardens where they will be greeted by water features and a 60-square metre swimming pool. During Dubai’s polo season from October to April, equestrian enthusiasts can enjoy great views of the action, which takes place just metres from the villa.
HOSPITALITY
I N D U S T R Y R E P O R T
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HOTEL CAFÉ ROYAL ADDS TO ITS HOLISTIC OFFERINGThe Akasha Holistic Wellbeing Centre at London’s Hotel Café Royal has expanded their world-class panel of wellbeing specialists. Complementing the existing wellbeing offering at Akasha, the first external experts were brought in last year and have been proved a welcome addition to the Spa. With the introduction of Bernice
Robinson (Reiki Master) and Yan Sophokleous (Wellness Massage and Martial Arts Trainer), Akasha cements its position as a leader in its field of hospitality. Hotel Café Royal – along with Conservatorium in Amsterdam and Lutetia in Paris (currently under renovation) – is a member of The Set hotels, a collection which reinvents Grand Dame properties in some of Europe’s greatest cities.
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SOMABAY LAUNCHES THE SUMMER EXPERIENCE PROGRAMMEOne of Egypt’s foremost destinations, Somabay, has unveiled its Summer Experience progamme. Valid until 30th September 2016, the offer includes golfing, scuba diving, kitesurfing and even spa treatments at The Cascades Spa & Thalasso. With over 65 treatment rooms, the renowned
Cascades Spa & Thalasso features a 750-square metre Thalasso-Tonic Hydrotherapy Pool filled with seawater. The area is also the perfect location for scuba diving, where guests can explore coral reefs in a large turquoise lagoon. Somabay holiday resort offers five luxury hotels: The Kempinski Hotel, Westin Soma Bay Golf Resort & Spa, Robinson Club, Sheraton Soma Bay Resort and The Breakers Diving and Surfing Lodge.
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PERA PALACE HOTEL JUMEIRAH INTRODUCES MENU INSPIRED BY FAMOUS GUESTSJacqueline Onassis, Greta Garbo and Ernest Hemingway are just three of the extraordinary roster of famous guests that have inspired the new menu at the historic Pera Palace Hotel Jumeirah. Since the hotel first
opened in 1892, many of the greatest personas of the 19th and 20th centuries have passed through its doors. The ‘Historical Dinner Menu’ comprises four courses, each of which were specifically created with a personality in mind. For instance, the antipasti (‘Salmon a’la Garbo’) is named after renowned Greta Garbo who stayed at the hotel for 50 days in 1924.
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W HOTELS UNVEILS W SOUND SUITES Bali is having somewhat of a pioneering moment, with yet another first in the world of hospitality. W Hotels Worldwide, in partnership with Coca-Cola, has debuted the premier W Sound Suite at W Bali. “W has a long history of musicians staying, playing, and celebrating at our hotels,” said Anthony Ingham, Global Brand Leader,
W Hotels Worldwide. “We know that inspiration can strike at any moment, so the W Sound Suite is today’s tech-savvy version of scribbling lyrics on a cocktail napkin.” This private recording studio concept will come to W Hollywood, W Barcelona and W Seattle, later this year.
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VILLA GURU REVEALS NEW HILLSIDE RETREATUltra-luxury villa specialists Villa Guru has unveiled their collection of exciting properties for the summer. One of the highlights is the brand new Villa M, tucked away on a beautiful hillside just minutes from Monaco. With unrivalled views of the Mediterranean Sea, the villa has a heated rooftop swimming pool
and terrace, complete with pool house BBQ and pizza oven. For the gym-lovers, there is a fully equipped fitness studio, complete with sauna, steam room and tropical shower.
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JEWELLERY + WATCHES
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BULGARI SETS NEW STANDARD FOR ULTRA-THIN WATCHThe Octo Finissimo Minute Repeater is the latest addition to the line of ultra-thin watches developed by Italian brand Bulgari. In fact, the model now takes the title of the world’s thinnest flying tourbillon: the overall case thickness amounts to only 6.85mm. To create this striking timepiece, the team had to go back
to the drawing board and tackle the problem of how to achieve the perfect sound within the smallest possible space. Made from titanium, the case is not only lightweight but also ensures the best possible sound diffusion. The outcome is a crystal-clear chime, the likes of which it is hard to rival. This watch is strictly limited to a 50-piece run.
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CHOPARD CONTINUES ITS ‘JOURNEY TO SUSTAINABLE LUXURY’ Building on its successful collaboration with the Alliance for Responsible Mining (ARM) in South America, Chopard has just announced a unique partnership with Gemfields, the world’s single largest producer of coloured gemstones. To celebrate the launch of this new phase of the
journey, Chopard revealed a capsule collection of Green Carpet High Jewellery within its Red Carpet Collection at Cannes Film Festival. Caroline Scheufele, Co-President and Artistic Director of Chopard said: “Chopard is defined by true luxury and today this means knowing where the precious materials in our jewellery come from and having this independently validated. Gemfields’ fabled emeralds are a wonderful addition to our Green Carpet Collection of High Jewellery.”
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BREMONT ADDS TO ITS AMERICA’S CUP COLLECTIONFollowing the release of Bremont’s first range of ladies watches earlier this year, the British manufacturer has announced the addition of a ladies mechanical chronometer to its America’s Cup Collection. The Bremont AC I 32 is inspired by the original AC I, and the legendry J-Class yachts of the 30s. Bearing the ‘London’ mark
on the dial, the timepiece will be built in the UK and is limited to 535 pieces. Bremont Co-Founder, Giles English, explained: “The AC I has proven to be an incredibly popular timepiece since we launched it last year and has led to lots of enquiries by women who were after a ladies version, so this seemed like a natural extension to the line.”
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JAEGER-LECOULTRE JOINS FORCES WITH CHRISTIAN LOUBOUTINTo commemorate the 85th anniversary of the iconic Reverso model, Jaeger-LeCoultre has invited footwear maestro Christian Louboutin to reinterpret the timepiece. “I have always loved the shape of the watch, and would never have agreed to this project if I had not been deeply convinced
that I loved the original design of this object”, says Christian Louboutin. Available in two sizes, the Reverso Classic Duetto retains its original face on the front, while the back and strap takes on a distinctly Christian Louboutin touch of wildness. These limited edition creations are available for just one year as part of the Atelier Reverso concept in Jaeger-LeCoultre boutiques.
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IWC SHOWS SUPPORT FOR SPORTIWC Schaffhausen has released a special edition of its Portofino Automatic Moonphase 37 watch. A portion of proceeds from the timepiece will support Laureus Sport for Good Foundation, and marks ten years of commitment to the charity. The midnight blue dial references the Laureus logo, accentuated by diamonds marking
each hour. Each year, children from Laureus projects around the world submit drawings to be engraved on the back of the watch. This year’s winner is 16-year-old Eleni Partakki – a participant in the PeacePlayers International Cyprus project, which unites children from divided Cypriot communities on the basketball court. The watch was launched in conjunction with Laureus announcing Olympic medalist Victoria Pendleton as an ambassador. 1,500 editions have been created.
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MIKIMOTO ADDS TO POPULAR VINTAGE COLLECTION An ancient tradition, the belief in birthstones is still referenced today. As the gemstone for the month of June, the pearl symbolises loyalty, faithfulness and friendship. To celebrate June ‘Pearl Month’, Japanese jewellery house Mikimoto has added new pieces to their successful Vintage Collection.
Inspired by the glamour of the 1920s and 30s, the in-house design team has trawled the archives for accessories that could be reinterpreted for today’s client. The resulting pendants feature the most lustrous cultured Akoya pearls and dazzling diamonds, set in 18k white gold.
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GREYHOURS MAKES INDESTRUCTIBLE WATCH Sometimes luxury means costly, and sometimes luxury means the freedom from worrying about damaging your watch. An independent direct-to-consumer business, Greyhours’ watch boasts a Diamond-Like Carbon (DLC) coating that provides extraordinary scratch and corrosion resistance,
meaning there will be no sign of wear or scratches, even after a decade of daily use. These minimalist, contemporary timepieces are available in matte black or white, and feature an Italian calf leather strap and anti-reflective glass.
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JESSICA MCCORMACK LAUNCHES COUTURE BRIDAL COLLECTIONBritish jewellery designer Jessica McCormack has created a Couture Bridal Collection for the modern bride. “I want to create engagement rings that speak to the uniqueness of each woman,” explains McCormack. “A ring that you wear every day is more than just a symbol of love. It is also
a reflection of personality and history.” To that end, the six couture pieces can be created bespoke around different diamonds, from 0.20 carat to 20.00 carat. Each ring design pays homage to tradition in one sense: they take a diamond as their focal point. As a designer, McCormack draws inspiration from such eclectic sources as Tetris and the natural world, so it makes sense that her first bridal collection would be similarly unique.
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CHRISTOPHE CLARET REVEALS NEW VERSIONS OF THE X-TREM-1 Swiss watchmakers Christophe Claret has unveiled two new versions of the iconic X-TREM-1 timepiece, both issued in an eight-piece limited edition. Available in either red gold and damascened steel, or white gold and damascened steel, the distinctive watches features a flying tourbillon inclined at a 30° angle,
mounted on a three-dimensional curvex titanium mainplate. Damascened steel was first made in the Caucasus around 2500 BC, soon after the discovery of iron. Thereafter, it spread throughout Europe as well as Asia, before being entirely forgotten during the Middle Ages. The Crusaders rediscovered it, and as a keen student of history Christophe Claret felt it would be an interesting material to use in his collection.
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.HOLLIE BONNEVILLE BARDEN NAMED AS JOHN HARDY’S NEW CREATIVE DIRECTORLuxury jeweller John Hardy has named their new creative director. Hollie Bonneville Barden is the youngest person ever to be appointed the position. However, with her recent stint as the head designer at De Beer Diamond Jewellery,
Bonneville Barden brings a wealth of experience that belies her age. “Hollie is recognised as an industry prodigy and we are excited to see her interpret John Hardy’s rich heritage and continue our dedication to creating ultimate beauty through artisan handcrafted jewellery,” said Robert Hanson, CEO of John Hardy. Bonneville Barden will split her time between New York, where the brand’s global headquarters and showroom are located, and Ubud, Bali, where the brand’s design studio and workshop have been located since its founding.
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Luxury Briefing Issue 188
When Louis Vuitton (established
in 1854), advertised on his
shop on Boulevard Haussmann
that the Empress Eugenie was
a customer, he was already
using social endorsement as
a marketing strategy. Today,
most creators have built their
initial success by building strong
relationships with a small
community of influential clients.
Louis Vuitton today boasts
over 18M likes on Facebook,
Chanel 13M and Chloé is the
fashion house that has women
talking the most on social media,
but this didn’t happen overnight
and certainly not in response to
beautiful adverts.
Making the most of social
media marketing and for that
matter, Influencer Marketing,
implies having a strategy. It’s
not about the likes, it’s all
about romance that becomes a
relationship. Romance sells and
relationships are meant to last
through achieving authentic
engagement and resonance.
REACH OR RELEVANCE?Selecting the right individuals
is paramount. One easy mistake
is to go for the social media
celebrities who seem to offer the
best reach and whom your brand
would like to be associated with.
If this may give easy and quick
returns, it will not give you the
creative depth and long term
loyalty you need. So one simple,
but often forgotten, rule is to
engage people who already have
an affinity with your brands.
BEYOND LUXURYLuxury brands have long invested
in territories that have in turn
nurtured their history and values:
Louis Vuitton with travel, Hermès
with horse riding, Longines with
competition. Influencers that
can have an impact on a brand’s
audience do not only publish
about watches, haute couture or
It bags.
Looking beyond the usual
“fashion and lifestyle” influencers
will be key for luxury brands that
wish to increase their impact and
be relevant to their audience.
CONFLICT OF PERSONALITIESSocial influencers expect to
be seen and welcomed as
collaborators. They know their
worth and they have a wealth
of knowledge to share. They
are also mindful of their own
communities and of their own
image. Give them a voice and
you will be contributing to their
success as much as they are to
yours. Trust them and in return
they will talk about you like
no-one else. They will include
you in their lives and your brand
will become part of the narrative
that makes them so successful.
It’s a win-win situation that is
most likely to turn into long-
term fruitful collaboration if you
play fair.
SCALING EXCLUSIVITYThe notion of luxury has always
been associated to exclusivity,
mystery and even scarcity. When
some of the most advanced
brands are able to manage
influencer programmes of a
few hundred or thousands
influencers, how should luxury
How can luxury labels make the most of social media in an
age of digital saturation? Traackr’s Vice President EMEA,
Nicolas Chabot, considers
Influencer Marketing In The Luxury Sector
Digital thinker
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brands optimise the balance
between scaling impact and
staying consistent with the
exclusivity they wish to preserve?
The audiences are there
but retaining your most loyal
customers and those who
associate luxury with exclusivity
is paramount. Traditional luxury
buyers may not be as social as
your new audiences but they are
still adopting digital behaviours.
PAYING FOR PRAISE?Some question why the most
aspirational brands on earth
pay selected égéries to represent
them. Should they duplicate this
established model and pay for
praise from online influencers or
should they aim to leverage their
formidable attractiveness, history
and content to build authentic
relationship and brand advocacy?
Savvy brands have long since
realised that they actually don’t
need to pay for endorsements,
as the best and most impactful
endorsements by influencers
come from a place of authenticity.
Brands must develop and
nurture relationships with
influencers, which starts by
making a human connection and
putting the influencers’ needs
first. Such organic endorsements
don’t require a monetary
exchange between the brand and
the influencer, and they produce
the most impact. Value exchange
doesn’t mean money exchange.
Issue 188 Luxury Briefing
LETTING GO…OR NOT?Whilst luxury brands exert a
strict control over their image
and position, user generated
content online has challenged
the exclusivity of their message.
This is one of the reasons brands
have been tempted to pay
influencers so they kept control
of the message. However, the
lack of authenticity, which is so
important to luxury brands, will
be apparent.
The route that has been
chosen by the most savvy luxury
brands is to co-create content with
their selected influencers so the
content remains on brand and
curate and share the most aligned
user generated content.
STATUS SYMBOL AND PRIVACY IN THE SOCIAL AGEHNWIs cherish their privacy; and
at the same time the new affluent
millennials do not hesitate to
Instagram their new £20,000
watch publicly.
This diversification of the
luxury buyer segments, each
with different expectations, can
be tricky to handle for a luxury
brand. It may be the reason why
luxury brands took a long time
to embrace digital and even
more so social media. Brands
must both protect the privacy
of their traditional buyers while
giving the millennials generation
what it expects in terms of
communication and engagement.
THE QUEST FOR PERFECTION AND CRAFTIndeed, key influencers for a
luxury brands, will have high
expectations when associating
Influencers are the luxury brands’ new stakeholders and have the same characteristics
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with a luxury brand. Luxury
brands, more than any others,
need to provide the highest level
of quality to their influencer
programme. However, they
already have in place many
activities that once used to be
reserved to their customers
and the media that they can
now involve influencers with.
These are often money can’t buy
opportunities: VIP access to their
events, visits of their factories,
exclusive content, meeting their
team, product loans or testing.
GLOBAL LOCALLYInfluencers are the luxury
brands’ new stakeholders and
have the same characteristics: in
today’s mobile world, whatever
their language and whatever
their location, they will most
likely have a global reach.
They will expect being treated
the same way as the brand’s
customers. Therefore, structuring
and organising influencer
programmes at a global level
whilst enabling building and
maintaining relationships locally
will be key.
In conclusion, influencer
marketing in luxury will require
careful planning and the right
technology to optimize flawless
execution. Smart influencer
relationship management
platforms will be a key to success
by helping brands identify the
right people, engage with them,
manage their relationship, and
measure impact in real time.
Luxury White Paper is available for download at www.traackr.com and includes interviews with leading global luxury brands
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FOOD + DRINK
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CHAPEL DOWN LAUNCHES GRAPE BRANDY This month sees the release of Chapel Down’s unique English grape brandy: Lamberhurst. Made from the 1991 harvest of the Lamberhurst Vineyard, the spirit has been aged in oak for 23 years. Mark Harvey, Chapel Down Managing Director, explains: “This is a magnificent and unique brandy made
from one of England’s pioneering vineyards that has exclusively supplied Chapel Down for 20 years. Like all good things, it’s taken time, patience and skill to make something of which we are very proud.” The Seyval Blanc grape variety grown in the Kent vineyard has given this drink a complex palate of apples, cinnamon and spice.
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KRUG RELEASES CLOS DU MESNIL 2002The global launch of Krug’s Clos du Mesnil 2002 is sure to be one of the highlights of this year for oenophiles. “2002 was a very special year,” says Krug Cellar Master, Eric Lebel. “It was clement and generous, consistently warm, relatively dry, granting ideal conditions for grape maturation.” Each of the 13,278 bottles (75cl) and
500 magnums (1.5l) of Krug Clos du Mesnil 2002 is individually numbered and comes complete with the Krug ID, which can be used in conjunction with the Krug App.
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WALLPAPER* BAR + KITCHEN OPENS AT HARVEY NICHOLS Harvey Nichols Knightsbridge has partnered with design magazine Wallpaper* to create a contemporary Bar + Kitchn in the recently opened menswear department. Marion Carpentier, Group Food & Hospitality Director at Harvey Nichols, comments, “We are incredibly excited to be working with Wallpaper*
to create a new and exciting hospitality offering to celebrate the launch of our new Menswear Department at Harvey Nichols Knightsbridge. The new menswear floors will be an unrivalled experience in luxury retail and customer experiences, creating the ultimate destination for men in London.” As for drinks, there is a wide range of craft beers, wines, sparkling wines, and cocktails – all of which are created by mixologists who work at bars featured in Drinks International’s World’s 50 Best Bars 2015 list.
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FOUR SEASONS PRIVATE JET LAUNCHES CULINARY DISCOVERIES TOURStarting at the end of May, Four Seasons will take guests on a three-week itinerary across the world’s most exciting culinary destinations. The programme has been developed in partnership with one of the world’s best restaurants, Copenhagen-based
Noma, and its acclaimed head chef René Redzepi. Kicking things off in Seoul, Chef Jong Kuk Lee opens his home to a private dinner showcasing his farm-to-table philosophy. From there, the route stops off in Tokyo, Hong Kong, Chiang Mai, Mumbai, Florence, Lisbon, Copenhagen, and Paris. This first-of-its-kind journey features Four Seasons’ legendary service and guests will stay at Four Seasons hotels and resorts throughout the trip.
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SOHO HOUSE UNVEILS LATEST OFFERINGLocated on London’s Shaftsbury Avenue, the newly opened Café Monico is the latest venture from the relentless Soho House group. Inspired by the original restaurant of the same name, which was established in 1877, the reincarnated Café Monico features a menu with European influences. From Provence to
Northern Italy, chef Rowley Leigh’s all-day menu offers dishes such as oysters, steak, duck confit, or salads. Drinks include classic Soho House cocktails and sodas, a wide selection of beers, and an impressive wine list. As for décor, the showstopper is a three-metre vintage glass and brass chandelier, which hangs in the centre of the mezzanine. It was sourced from an antique store in Amsterdam, to give the brasserie an authentic feel.
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THE LAST DROP RELEASES EXCLUSIVE SCOTCH WHISKY Known as ‘the world’s most exclusive spirits company’, The Last Drop Distillers has launched the sixth bottling in its collection: The Last Drop 50 Year Old. A rare and luscious ‘double-matured’ blended Scotch whisky, each one is bottled by hand – unfiltered and unrefined from the cask – before being sealed
with a cork that has been dipped in boiling wax. Andrew Rankin, ‘nose’ to The Last Drop distillers, describes the blend thus: “On the palate, the whisky is rich and smooth with generous dark raisin, star anise and baked plums. The finish is luscious and lingering; red grape and blackcurrant with a subtle overtone of liquorice.”
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LA MAISON MAILLE OFFERS LIMITED EDITION MUSTARDPremium French mustard brand Maille has brought out a new limited edition Grand Cru Rosemary Honey Mustard. Made with a blend of Maille’s finest Dijon mustard with an exceptional rosemary honey, the gourmet condiment is served fresh from the pump at the Maille boutique in a green sandstone jar made
in Burgundy. Sourced from a renowned family of French beekeepers, the honey is the unique result of the rosemary plants that grow so well in the soil and climate of the Pyrenees on the west side of the French Mediterranean coast.
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MOËT & CHANDON BREAKS NEW GROUND WITH ICE IMPÉRIAL ROSÉThis summer, Moët & Chandon has produced the first ever champagne designed to be served on the rocks. The Moët Ice Impérial Rosé celebrates the pioneering spirit of the brand, and this boldness is encapsulated in the new look bottle, which features a metallic
white gloss wrap, and the iconic Moët & Chandon tie is updated in a vibrant shade of pink. Offering an entirely new way to enjoy Moët, this clean, crisp drink is sure to delight both champagne and rosé lovers alike.
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THE MACALLAN COMPLETES ITS SIX PILLARS COLLECTIONFans of whiskies will be thrilled with the news that The Macallan has released its final whisky in the Six Pillars range. Bottled in a bespoke Lalique crystal decanter, the spirit is limited to just 450 individually numbered decanters. “This stunning collection of decanters is the result of two kindred spirits, rooted
in a shared passion for craftsmanship, detail and mastery,” said Ken Grier, brand director for The Macallan. “This sixth and final release continues to showcase the unwavering commitment of both the masters of Lalique and The Macallan to create beautiful and desirable objet d’art.” The famous Lalique perfume bottles inspired the design of the whisky decanters.
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.THE RITZ-CARLTON, ABAMA LAUNCHES NEW ABAMA KABUKI CONCEPTThe Ritz-Carlton, Abama in Tenerife has revamped their Abama Kabuki concept this summer. First introduced in 2006, the Michelin-starred Japanese fusion eatery has relocated to a larger premise with a brand new sushi bar. Now located within
Abama’s Casa Club, the 12,000-square feet dining space boasts four zones: the main restaurant (Kabuki Room), Kabuki Bar, Sushi Bar and Kabuki Space. Kabuki space is the restaurant’s private dining area, which offers bespoke menus for up to ten guests. To supplement the outstanding food on offer, the drinks collection boasts 300 wines, 30 beers, cocktails, and a selection of high-grade teas.
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TRAVEL + AVIATION
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WINNERS OF WORLD SUPERYACHT AWARDS 2016Boat International Media, the world’s leading superyacht magazine, has revealed the winners of the World Superyacht Awards 2016. Nearly 70 superyachts were entered into this year’s awards, with 47 of the world’s most renowned boat builders and shipyards from 15 different countries represented.
In this 11th outing of the prestigious awards, Unfurled, Savannah, and Genesi swept the board with two trophies apiece. Stewart Campbell, editor of Boat International remarked: “The World Superyacht Awards have become synonymous with excellence in superyacht build and design, and this year is no exception. We’re thrilled to have built a platform for yacht owners and shipyards across the world to receive critical acclaim through the presentation of the prestigious Neptune trophy.”
4
ATHENAEUM HOTEL & RESIDENCES PARTNERS WITH LONDON TRANSPORT MUSEUM Running from August 4th 2016 to March 5th 2017, the Down Street Tours is an exciting opportunity for visitors to experience the abandoned Down Street tube station in London. “We are delighted to announce the Athenaeum Hotel & Residences
as the official partner of London Transport Museum’s Hidden London Down Street tour,” comments Jeremy Hopkins, General Manager of The Athenaeum Hotel & Residences. “Our apartments were built in 1890 so Down Street would have been the closest tube station for many visitors.” Afterwards, guests will be able to return to the hotel for refreshments as an optional addition to the package.
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FEMALE FRIENDLY VERVE RALLY LAUNCHES IN EUROPE Although a carbon-neutral car rally might sound like an oxymoron, Verve Rally is not your typical race. In fact, it isn’t technically a race at all – as the nine-day event is not about speed or endurance. Instead, the female-friendly Verve rally has been designed to be enjoyed. Co-
founder Darshana Ubl explains: “Verve Rally is about celebrating life, the spirit of adventure and gratitude. It’s about enjoying the freedom of the open road, about embracing the summer and an opportunity to enjoy the beauty of our land and revel in sensory experience, one city at a time.” Held on the 30th July and 3rd September 2016, Verve Rally’s route traverses some of Europe’s finest locations including Lake Como, Monte Carlo, and the famous Black Forest.
1
CATHAY PACIFIC’S FIRST A350 ARRIVES IN HONG KONGThe first of 48 A350s has been delivered to Cathay Pacific at Hong Kong International Airport. “We understand that for our passengers, sleeping well, enjoying first-class entertainment, and using products that have been designed with them in mind are of the utmost importance. The new A350 will provide the very
best of all these,” explains Cathay Pacific Chief Operating Officer Rupert Hogg commented. The new aircraft features Cathay Pacific’s latest inflight products in the Business Class, Premium Economy Class and Economy Class cabins, thus helping to deliver on its promise of a Life Well Travelled. Powered by the latest technology Rolls-Royce Trent XWB engines, the A350 is the quietest plane in its class and also 25% more fuel-efficient.
2
EMIRATES OPENS NEW LOUNGE AT CAPE TOWN INTERNATIONAL AIRPORTAll Emirates First Class and Business Class customers, as well as Skywards Platinum and Gold members travelling from Cape Town to Dubai will now have complimentary access to the new two-level premium lounge. Able to accommodate over
120 people, the facility has been designed with comfort and convenience in mind. In conjunction with the complimentary chauffeur drive service in Cape Town, dedicated check-in counters, and Emirates’ award-winning on-board service, premium customers enjoy a seamless journey from start to finish. Located in the international departures corridor next to Emirates’ preferred boarding point at Gate A3, this is the 39th lounge in the airline’s network.
Luxury Briefing Issue 188
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Technology has always been
defined as the application of
scientific knowledge for practical
purposes but we’ve now entered
a generation of technology where
we can harness practical life
improvements in ways previously
only dreamed of.
One area that has seized this
tech opportunity is Health &
Wellness. This sector is booming
with software, apps, wearables
and medical equipment to treat
and improve patient experience
and recovery; to fitness and
performance tracking tools; to
a host of online content. They
have much to teach the luxury
industry in terms of how to
curate and manage experiential
communications.
NEW SKILLS, POSSIBILITIES AND SOLUTIONSInnovative tech companies are
working with academia on
solutions to age-old human
problems. One of these problems,
that impacts all aspects of life, is
not getting enough sleep.
Described as the world’s most
advanced sleep system Pzizz is an
example of an entrepreneurial
company tapping into this cultural
movement, using technology to
give people the ultimate luxury of
perfect sleep.
“As I’ve gone deeper and
deeper into this sleep journey
I’m amazed at how big a problem
sleep really is,” says Rockwell Shah
Pzizz’s CEO, “About 30% of the
world’s population has poor sleep.
They don’t have the energy to
show up and live life, they’re not
running at 100%.”
ART + SCIENCE = INNOVATIONPzizz has created a solution using
sound to put you to sleep, keep you
asleep and then wake you. Leaving
you feeling refreshed by enabling
higher amounts of REM sleep.
The research behind the
product focuses on psycho-
acoustics – the way sound affects
the mind – but the science is also
paired with advanced software
that allows audio engineers to
deliver a unique ‘dreamscape’ -
as Pzizz call the sounds you hear.
“There’s an art and a science
to this. Science tells you what
you need to do to send someone
to sleep - you have to grasp their
attention enough so they stop
over-thinking but not so much that
you keep them awake - but science
won’t give you the actual sounds.
That’s where really talented audio
engineers come in,” explains Shah.
A combination of voice-overs,
music, sound effects and binaural
beats in a human-composed,
algorithmically remixed package
allows Pzizz to intelligently
optimize your sleep at every phase
BESPOKE DOESN’T JUST APPLY TO TAILORING If a luxury brand cannot offer a
truly bespoke product it can be just
as valuable to create a bespoke
experience with which to tell
your brand story. For instance
Pzizz are working on embedding
their interface into products such
as high-end corporate nap pods
for Google, Facebook, Cisco and
JFK airport.
A luxury interiors business
could easily embed this software
into beds, bedroom fixtures, even
pillows, and the opportunity for
luxury hotels, medical facilities
and even elite schools to amplify
the benefits of sleep is clear.
“Most sleep solutions focus
on changing your behaviour
but with Pzizz you don’t have to
change the way you live, just use
the product.
One of the fun things we’ll
probably do in the future is
integrate Pzizz with Amazon
Echo so you can say ‘Alexa put me
to sleep!’”
THE FUTURE OF WEARABLES “Right now we’re seeing many
wearables on the market but
in my opinion the days of
fancy dashboards showing you
meaningless data about your
health are quickly coming to
an end,” says Shah, “People
don’t want more data they want
better outcomes.”
Increasingly we’ll see digital
products that directly affect your
health and wellbeing. Further
progress depends of course
on science having a deeper
understanding of the human mind
but also on consumer products
being able to take learnings from
science and apply them in the
consumer realm.
Shah constantly considers
new functionalities - for instance
two people able to hear the same
sequence thousands of miles apart;
voice-overs narrated by someone
you love; recordings of your own
voice for your children or travelling
loved ones. Just imagine the
consumer love you could nurture
by working with this kind of deep,
human experience at the touch of
a button.
Luxury should offer a seamless
service that makes life easier.
As technology like this becomes
woven into daily life, it will
effortlessly take luxury consumers
from off-line to on-line without
them noticing for a highly
personal, tailored experience that
delivers exactly what they want in
the most efficient way possible.
Next in the series: Coin Research
examines mindfulness and holidays
C O I N R E S E A R C H
Putting tech innovation at the heart of luxury
TAPPING NEW TECHNOLOGIES WILL HELP DEVELOP YOUR LUXURY BRAND AND PRODUCTS FOR A MODERN AUDIENCE. NOW, MORE THAN EVER, IS THE TIME TO PUT INNOVATION AT THE CORE OF YOUR COMPANY AND RECOGNISE THE POTENTIAL APPLICATIONS TO THE LUXURY BUSINESS.Ruth Marshall-Johnson and Shifra Cook
Luxury futures
Issue 188 Luxury Briefing
We continue our six-part series on putting tech innovation at the heart
of luxury with Coin Research
WHAT CAN LUXURY BRANDS LEARN FROM THIS?
2424
The city of Helsinki has a
buzzing, innovative retail
core - offering everything
from inventive boutiques and
concept stores to cutting-edge
interiors brands. High streets
such as Aleksanterinkatu,
Pohjoisesplanadi, Keskuskatu,
and Mikonkatu are the best
known locations with the largest
variety of retailers, with a
cluster of stores around the high
end shopping centre Galleria
Esplanad, department store
Stockmann and Kluuvikatu. These
locations host a wide range of
the main brands and shops in
the Helsinki CBD, varying from
foreign and domestic luxury
brands, to cafes and restaurants.
In the Helsinki CBD, Kirkkokatu,
Hämeenkatu and Yliopistonkatu
attract the main international
brands outside shopping centres.
These high streets also include
large Finnish department stores
such as Stockmann and Sokos.
Helsinki’s Pohjoisesplanadi
is the city’s luxury enclave - a
street where global mega-brands
such as Louis Vuitton and Hermès
are found alongside innovative
design labels and womenswear
boutiques. Nearby Eteläesplanadi
is also an attraction, home to
cool interior design shops such
as Artek and 1-Store, along with
smaller, craft-focused boutiques
that support local artists.
Whilst Pohjoisesplanadi,
Mikonkatu, Eteläesplanadi and
Aleksanterinkatu boast the
On Fifth Avenue, Niketown to join
Apple in the former FAO Schwarz
space, 767 Fifth Avenue. Swiss
watch brand Hublot introduced
its largest flagship in the US and
the tallest in the world to 743 Fifth
Avenue. Exclusive jewelry retailer
Harry Winston is renovating
and will close its flagship at
718 Fifth Avenue moving into
a temporary space down the
block at 55th Street. Dominico
Vacca has consolidated all of
his New York locations into one
spectacular superstore at 15 West
55th Street off Fifth. Outerwear
retailer North Face took 20,000
square feet at 510 Fifth Avenue.
On the Upper West Side, Joie
is opening at 201 Columbus
Avenue.
In SoHo, The British retailer
Matchesfashion has a first
stateside location with a popup
townhouse at 214 Lafayette Street.
Burton Snowboards relocating
to 69 Greene Street.
In Tribeca, Alex and Ani will
expand its presence to 156 Reade
Street. Tracy Anderson building
a 4,000-square-foot three-level
flagship at 271 Church Street
NEW YORK NEWS:Department Store Radical Renovations
Bloomingdales to have a gourmet
food market, a full floor mega-shoe
department and several space
swaps. Children’s recently moved
from the eighth and ninth floors
to the fifth floor.
A Mario Batali mini-Eataly concept
being created on the ninth floor.
The two separate shoe departments
merging to create a giant shoe
experience on the fifth floor. The
home department will relocate to
the eighth floor. Bergdorf Goodman,
in a five year renovation including a
completely revamped first floor and
the expansion of the sixth floor to
includes modern luxury brands. In
2018, Nordstrom will open a 285,000
square-foot, seven-level flagship store
in Columbus Circle.
Happy Shopping!
EUROPE NEW YORK
Jonathan de Mello, Harper Dennis HobbsTel: +44 (0) 207 462 8703E: [email protected]
lion’s share of the city’s fashion
boutiques, part of the unique
shopping appeal of Helsinki lies
in its Design District, a section
of the city with specially selected
stores that showcase the work of
Finland’s finest creatives, with
brands such as Design Forum
Finland, Glope Hope and Kartell
present.
Retailing in Helsinki can
be expensive however, with
prime rents in the city at circa
€2,000/sq.m./year and rising.
This ranks the city in 26th place
globally – ahead of many other
European cities such as Antwerp,
Luxembourg City, Stockholm
and Lisbon. Cost of property is
significantly cheaper outside
the CBD however, with some
secondary locations suffering in
terms of achievable rental levels,
as retailers increasingly focus on
prime areas, which are relatively
constrained in terms of supply.
Faith Hope Consolo, Chairperson of the Retail Group Douglas Elliman Real EstateTel: 001 212 418 2000E: [email protected]
Retailing in Helsinki can be expensive however, with prime rents in the city at circa €2,000/sq.m./year and rising. This ranks the city in 26th place globally
Retail property
Luxury Briefing Issue 188
2525
Early indications in 2016
suggest a reduction in the key
money premiums (KMP); if not
rents within Central London.
This should lead to more
choice for acquisitive brands.
In the circumstances here is
a quick guide to the leasing
activity KMP’s and rents in
individual locations within
comparable streets:-
ALBEMARLE STREET OR CONDUIT STREETAllegedly Aquazzura (No 38)
trades very well and will be
joined by a multi-branded Italian
shoe offer at No 48 (formerly
Ryman). The latest recruits to
Conduit Street include MCM
(currently Dior) and Maiyet
(No 40). 12 fashion brands have
opened in Conduit Street over
the last few years compared with
half a dozen in Albemarle Street
(including Amanda Wakeley,
Faliero Sarti, Alexander Wang,
Globe-Trotter, Gizmondi Jewellers
and a couple of gallerists).
Rent wise anticipate equal
demands from landlords at
£500 Zone A which translates
to approximately £350,000 for
a reasonably sized store. Key
money premiums should not
exceed £500,000 (with notable
exceptions on leases with
historic rentals).
BRUTON STREET OR DOVER STREETUntil the new occupier of the
former Dover Street Market
is announced and a couple of
leasing transactions take place in
Grafton Street (a continuation of
Dover Street) the one sided retail
thoroughfare Bruton Street has
the edge, particularly if a town
house is the preference. Elie Saab
is currently fitting out No 24.
Bruton Street is fully occupied
compared with numerous
opportunities existing with Dover
Street (from town houses at No
41/42, to single buildings at No
14 and boutiques). Golden Goose
Deluxe brand is the latest new
entrant on Dover Street at No 30.
Rents are not dissimilar to
Albemarle Street and Conduit
Street which effectively places all
four streets in the same category
as a natural choice if ‘Bond Street
and Mount Street are not the
appropriate Mayfair locations.
MOUNT STREET OR BROMPTON CROSS50 changes in fascia within
Mount Street and South Audley
Street have transformed the
location in ten years. The street is
definitely the No 1 choice beyond
‘Bond Street within Mayfair.
Spring / Summer openings will
include Sophia Webster (124
Mount Street), Chrome Hearts
(6/10 Mount Row), Valextra
(129 Mount Street) and; to be
announced No 6 Carlos Place. No
14 is still available.
Rents now sit at £550 Zone A
or approximately £400,000 pax
for a reasonably sized boutique.
Key money premiums have
dropped dramatically over the
last six months and are now
much more manageable at less
than £1M.
Ironically a decade ago
Mount Street set out to be
“Better than Brompton Cross”.
The niche, very French and
American retail location in SW3
will feature high on the list of
“preferred locations” with “now
opening” announcements to
follow. Rents in Brompton Cross
are approximately 25% less than
Mount Street with key money
premiums about the same.
LONDON
Keith Wilson, Wilson MchardyTel: +44 (0) 207 439 1666E: [email protected]
50 changes in fascia within Mount Street and South Audley Street have transformed the location in ten years The street is definitely the No 1 choice beyond ‘Bond Street within Mayfair
Issue 188 Luxury Briefing
26
4
DAVID BECKHAM PARTNERS WITH BIOTHERM HOMMEParisian skincare brand Biotherm Homme has announced the appointment of David Beckham as its first global ambassador. In addition to being the face of the label, Beckham will also collaborate on a range of products including bodycare, grooming and skincare. “I’ve been thinking about developing a skincare range for a long time and it
wasn’t until I started speaking with Biotherm that it all came together. They are as ambitious as I am, and we look forward to showing everyone the fruits of our labour very soon,” said Beckham. Founded in 1952, the L’Oréal-owned beauty brand is best known for its bestselling Aquapower moisturiser.
5
CHRISTIAN LOUBOUTIN BEAUTY UNVEILS NEW NAIL COLLECTIONOver the last 20 years, Christian Louboutin has become synonymous with the colour red. So it is only natural that the brand’s new nail polish collection features a range of red hues. A highly pigmented formula with a serious gloss factor, the varnishes are longwearing,
chip-resistant, and free from Toulene, Formaldehyde, or DBP. Of the trio, Jazzy Doll is a peony red with a subtle sparkle, Lady Peep is a deep raspberry red, and EdgyPopi is a fun orange-red. Established in 2012, Christian Louboutin Beauty introduced nail colour two years later – an appropriate homage to the stroke of red nail colour that inspired its famed red soles back in 1992.
3
AMOUAGE CREATES NEW PERFUMELuxury fragrance brand Amouage has introduced a new perfume named Myths. Devised by creative director Christopher Chong, the scent is available in both male and female versions. “Myths is essentially inspired by surrealism, in which elements are assembled in a dream-like and distorted state in order to create a
new interpretation,” says Chong. “Through surrealism, I was able to interpret my life experiences in an artistic way, without reason or convention, to create fragrances that truly represent a combination of the many facets of my past”. Packaged in distinctive purple glass bottles, the bottle caps are plated in 24-carat gold and adorned with Swarovski crystals.
1
AEDES DE VENUSTAS RELEASES NEW FRAGRANCEInspired by the moonlit desert air, Aedes de Venustas’ sixth offering is a dark twist on vanilla. The perfumer, Fabrice Pellegrin, comes from a fragrance family (his father was a perfumer, his grandfather a perfume ingredient supplier, and his grandmother a jasmine picker). This is his debut collaboration
with Aedes de Venustas. “Our Madagascan vanilla absolute is the truest to the natural ingredient,” explains Pellegrin. He also used black pepper extract in the blend, because “it brings back a childhood memory [of] putting my nose in the drawer of our Peugeot pepper mill to smell freshly ground peppercorns.”
2
AMAN WELLNESS LAUNCHES AT AMANBAGH AND AMANPURIRenowned luxury hotel group Aman has launched Aman Wellness, a new concept to be rolled out across the collection of resorts in 2016. The introduction of its Individual Wellness Immersions, together with a series of Group Retreat Experiences spearheaded by globally
celebrated health specialists, will create a host of options for guests. The first Individual Wellness Immersions will launch at Amanpuri and Amanbagh from 1 August 2016, complemented by a parallel calendar of Group Retreat Experiences conducted throughout the year. Based on a personalised routine, the Individual Wellness Immersion programmes range from three to 14-nights at Amanpuri and four to 21-nights at Amanbagh.
BEAUTY + WELLBEING
I N D U S T R Y R E P O R T
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9
M. MICALLEF DESIGNS NEW MALE PERFUME To celebrate its 20th
anniversary this year, the M. Micallef brand has announced new collections, a relaunch of bestsellers and a top-secret surprise at the end of 2016. In the meantime, the high-end perfumery has released a new fragrance for men: Osaïto. For this latest creation, perfumer Martine Micallef drew
inspiration from Asia and its powerful spirituality. The masculine scent opens with a grapefruit aura that is followed closely by myrtle and the spiciness of exotic woods. Encased in a striking 100ml bottle, the Eau de Parfum is produced and handcrafted in in the M.Micallef workshop in Grasse, France.
10
NOSH DETOX LAUNCHES NEW RANGENosh Detox, the UK’s first-ever home detox and weight-loss delivery service of non-pasteurised Juice Diets, Detox and Nutritional Plans, has launched a new range of raw juices. Billed as the world’s first 100% raw smoothie made using exclusive cold press technology known as High Pressure Processing (or HPP), Nosh Detox
delivers across Europe and the UK. Sold in sets containing 8 x 250ml bottles, the newly launched drinks are a quick and convenient way to boost one’s vitamin intake. Founded by Geeta Sidhu-Robb in 2008, Nosh Detox also offers Individual & Bespoke Nutritional Programmes.
7
FACEGYM PRO LAUNCHES NATIONWIDEFaceGym, the UK’s original workout studio for the face, has debuted its signature state-of-the-art facial lifting device. Offering a non-invasive face sculpting, toning and lifting, the gadget is designed to give the facial muscles a comprehensive workout in just 10 minute. What’s more, users benefit from an immediate ‘no
makeup’ contouring effect. The FaceGym PRO designed for Face Gym by Xtreem Pulse utilises patented electrical muscle stimulation (EMS) technology with diamond faceted probes. The device is available in three colours and comes with an exclusively formulated activator gel created by leading facialist Alexandra Soveral.
6
ESPA BRINGS OUT PURIFYING MICELLAR CLEANSERMicellar water – that not-so-secret weapon of makeup artists – has enjoyed a newfound popularity in recent times. With the launch of ESPA’s Purifying Micellar Cleanser, beauty aficionados can now add another option to their arsenals. Made with a 99% natural formula, the hardworking product
cleanses, soothes and hydrates the skin – without the need to rinse. Ingredients include organic rosewater, witch hazel, and chamomile essential oil.
8
MIRAGGIO THERMAL SPA RESORT OPENS IN GREECE Billed as the world’s first beachfront thermae resort, the newly opened Miraggio Thermal Spa Resort is the product of a €90 million investment. Located on the southwest coast of Kassandra, Halkidiki, the resort spans two storeys and boasts a thalassotherapy pool fed directly from the sea. In addition, there are four
thermal pools with steam baths, a Finnish sauna, tepidarium, herbal sauna, cold-plunge walking path, and two experience showers. Guests opting for the ‘healthy board’ package will enjoy meals designed by Amanda Hamilton – a woman The Times has dubbed ‘The Queen of Detox’. The resort will also feature 300 rooms, 236 of which face Toroneos Gulf, and 48 rooms come with private pools.
I N D U S T R Y R E P O R T
Issue 188 Luxury Briefing
28
L I M I T E D E D I T I O N S
In 1735, George II was on the throne, Robert Walpole moved into 10 Downing Street,
and George Wickes established Garrard. In the same year, the brand received its first
British Royal commission for Frederick, Prince of Wales. Since then, Garrard has had
the honour of serving each successive King and Queen of Great Britain.
Today, the Mayfair-based Garrard crafts fine jewellery, bespoke orders, and sporting
trophies for some of the world’s most prestigious events including the European Tour
British Master’s Open, Invictus Games, and Royal Ascot. Speaking about the high-
profile Ascot supplier rights contract, Jessica Cadzow-Collins FGA, Retail Director at
Garrard, reveals: “I’ve been in the trade for nearly thirty years. I know the style of cups
that the Queen used to take at Ascot, because Asprey used to supply them and I worked
at Asprey. Then it went to Mappin & Webb. When the opportunity to supply Ascot came
to us here at Garrard, I knew exactly what was important to them.”
“Rather than doing anything very modern, or taking a fresh approach, we went
back to basics,” continues Cadzow-Collins. “The Queen herself has great sense of style
and tradition, so we did very classy designs.” Indeed, the five gleaming pure gold-plated
sterling silver cups created for the races epitomise classic elegance.
But that’s not to say the brand is a one-trick pony when it comes to trophy design.
“We also supply the Derby trophy for Investec,” says Cadzow-Collins. “The brief there
was [in keeping with] their strapline ‘Out of the Ordinary’. So the last thing they
wanted was a two-handled cup and covers. You really have to just very carefully listen to
the client, and work out where they’re coming from. I don’t pretend to sit and design
myself, but I can take a brief.”
ROYAL TREATMENT
AS THE OLDEST JEWELLERY HOUSE ON EARTH, GARRARD HAS SERVED KINGS, QUEENS, AND WORLD CHAMPIONS. HERE, THERESA HAROLD DISCOVERS WHAT KEEPS THE HERITAGE
BRAND TIMELESS – YET RELEVANT – IN A MODERN MARKET
Luxury Briefing Issue 188
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Issue 188 Luxury Briefing
30
L I M I T E D E D I T I O N S
Luxury Briefing Issue 188
To be the oldest jewellery house in the world, you have to have an eye for current
trends but with an appreciation for history. That is how we approach all of
our designs – modern heritage
31
Someone who does sit and
design is Sara Prentice, Garrard’s
Creative Director. She has
been with the company since
2012 when she was brought
on as Head of Design. When
it comes to creating trophies,
Prentice echoes Cadzow-Collins.
“Trophy-making is incredibly
bespoke and based around the
tournament and client. For
example, we wouldn’t design
a trophy for a cricket match
that would be similar in style
to an award for excellence.
Trophy designs must serve their
purpose. Therefore, [they] cannot
necessarily be influenced by
trends, however, we always seek
the most innovative techniques
and styles to reflect the times.”
When it comes to innovative
techniques, the advent of
computer-aided design (CAD)
and 3D printing has brought
huge advances to the industry.
Prentice recalls, “We were just
commissioned to replicate a
historic antique Ascot racing
cup for the successful winner to
keep in perpetuity, because the
original is returned to Ascot and
contested each year. We were
able to speed up the process
and keep costs manageable by
using a suite of techniques to
tackle this complex job. From
centuries-old hand spinning,
casting, chasing and engraving,
to state-of-the-art 3D scanning
and 3D printing directly into
investment wax for the intricate
decorative cast central band.”
This juxtaposition of
the contemporary and the
traditional highlights the
adaptability that is necessary for
historical brands to succeed. “To
be the oldest jewellery house in
the world, you have to have an
eye for current trends but with
an appreciation for history,”
says Prentice. “That is how we
approach all of our designs –
modern heritage.”
One such example of this
philosophy in action is the
new TwentyFour jewellery
collection launched this year at
Baselworld. Inspired by the ‘Girls
of Great Britain and Ireland’
tiara that Garrard created in
1893, the TwentyFour collection
features the ‘diamond and
dot’ detailing of the tiara in a
thoroughly modern setting of
stackable pieces. 19th century
design, reinvented for the 21st
century woman.
TROPHY-MAKING IS INCREDIBLY BESPOKE AND BASED AROUND THE TOURNAMENT AND CLIENT
Issue 188 Luxury Briefing
Previous page: Royal Ascot Cup
Opposite: Artisan at work
This page: Garrard Albemarle Street flagship
32
L I M I T E D E D I T I O N S
However, the 21st century
presents its own set of
challenges for heritage brands
– namely, a shortage of skills.
“There are fewer and fewer
craftsmen of a standard that we
would like to work with coming
through as young apprentices,”
says Cadzow-Collins. “This is
something that we want to
champion ourselves. Taking on
apprentices is something that I
think we all have a duty to do in
our business community.”
So how does a brand such
as Garrard, with its peerless
patrimony, attract a younger
workforce? To that end,
Prentice’s enthusiasm is more
powerful than any recruitment
drive: “The creative process takes
you on a wonderful journey,
but it is the process of fulfilling
the client’s brief and seeing
their excitement – and the glory
of the trophy in the winner’s
uplifted arms – that is the most
rewarding.”
garrard.comThis page, Farfetch headquarters
Bespoke tables in restaurant/events space
Luxury Briefing Issue 188
3333
We are all taking our first
tentative steps in the UK’s journey
to leave the EU, a voyage that
could take two years or more.
Inevitably, there will be more
uncertainty to come. When all
around us is speculation, what
many of us are looking for is some
stability – particularly
when it comes to our own
personal finances.
So, let’s look at what we
do know…
The Bank of England announced
they are ready to do “whatever it
takes” to ensure orderly markets.
Other central banks will support
the markets as it is in their
interests to do so.
The first market reaction to
the news came in the price of
sterling, which swung through a
range of 13.5% against the dollar
over the course of Friday – a
broader range than experienced
on Black Wednesday in 1992
or during the 2008 crash. The
currency reached a 30-year low.
By the end of the day, the
response from stock markets
appeared relatively muted. There
were some sharp initial falls,
although in many cases losses
simply reflected the fact that they
had risen some 5% over the course
of the week, due to growing
confidence that the UK would vote
to remain. Later on Friday 24th
June, stocks began to climb back.
The FTSE 100 ended the week
above where it had begun, rising
2%. Even the more domestically-
oriented the FTSE All-Share
finished slightly up over the five-
day period, despite suffering a fall
of 7.5% on Friday.
The FTSEurofirst 300 suffered
only slightly more, ending
the week down 0.8%. It was
driven down on Friday by
banking stocks, which suffered
heavily after the referendum
result was announced.
What does this mean
for investors?
Even on Friday, some investors
were ready to act, and were
already beginning to spot medium
term opportunities. Investors
have flocked to the perceived safe
haven of gilts and yields have
hit fresh lows as a result. Clearly
there are immediate concerns,
but experience suggests decisions
made on short term developments
could well be at a disadvantage to
those made over the medium to
longer term.
No doubt, making balanced
judgements in diversified
investment opportunities is the
route to take. With a long term
robust financial plan, you can
endure the short term volatility,
remaining calm when all those
around you are losing their heads.
It’s a time when we can look to
the professional Fund Managers,
and take a leaf out of their book.
Their analysis of underlying
companies will not fundamentally
change from before the
referendum. A good company does
not become a different company
overnight. Therefore, if the
prospects are unaltered and prices
are lower, then the investment
opportunities are more attractive.
Fund Managers will be looking
carefully at the medium to long
term implications. They will
not make any changes which
do not support their long term
objectives, and simply take a
perspective that goes beyond the
short term noise.
The same principles should
be applied to our own personal
finances and our own businesses.
Acknowledging there will be
volatility in the short term, which
can be unnerving, but remaining
calm and focused on the bigger
picture and the long-term view.
In the short term, markets
are likely to remain volatile and
politics will likely create plenty of
headlines. Change may begin to
feel like a constant. Nevertheless,
with a diversified portfolio and
regular reviews to ensure financial
plans continue to match their
objectives, investors can weather
the current storm.
About AAGAAG Wealth Management are a Mayfair based boutique wealth management company, focused on providing sound financial advice for their clients.
Find out more at www.AAG.co.uk.
Peter Gale, Senior Wealth Manager at AAG
Wealth Management
Referendum REACTION
THE BANK OF ENGLAND ANNOUNCED THEY ARE READY TO DO “WHATEVER IT TAKES” TO ENSURE ORDERLY MARKETS. OTHER CENTRAL BANKS WILL SUPPORT THE MARKETS AS IT IS IN THEIR INTERESTS TO DO SO
Wealth report
Issue 188 Luxury Briefing
33
34
This month I have been chairing
design awards judging, a blissful
few days away from the studio
reviewing some of the years most
important creative projects. This
is always an activity I enjoy, these
projects are not my responsibility,
I am simply there to judge. This
does not mean the task is easy,
days are spent looking at hundreds
of entries in preparation before
dedicating three full days to
chairing the judging process.
The time is a pleasure to give, it’s
important to support the industry
that gave you the opportunities
you enjoy.
The real work is the
overwhelming aesthetic and
intellectual stimulation of
reviewing so much material in
such a short period of time. It’s
like being plugged into instagram
for a week solid, what was
beautiful, alarming, intriguing
and poignant passes in a blur as
my eyes and my brain become de-
senstitised with over stimulation.
This process is an exaggerated
version of what we are all
experiencing most days, a sensory
overload of images, messages
and memes. In the midst of this
stimulation it takes real discipline
to retain a clear view, to identify
quality and to take the time to stop
at a particularly excellent project
and appreciate it’s every detail.
During this process I
realised I was reflecting on the
nature of design and it’s role in
communication and consumption.
This speeding up has moved the
goal posts, it’s taken a step out
of the process - the step that is
missing is intellectual interaction.
In my book the best design needs
the audience to complete the
conversation it begins. The viewer
becomes a partner in the process,
finishing the sentence, filling in
the gaps and sharing the pleasure
in the ideas contained within the
concept.
This doesn’t need to be self
conscious, it shouldn’t be laboured
or exclude any observer without
the cultural reference points to
enjoy a concept on every level,
it should however wake up our
eyes and our minds and give
us something, the gift of a new
perspective, craft excellence or
breathtaking beauty.
With an overwhelming diet
of visual stimulation it’s harder
for designers to create content
which will be noticed and it’s
increasingly difficult for audiences
to see through the noise. The
louder we ‘shout’ creatively, the
less we are heard, the bigger,
brighter, faster race to cut through
will always be lost. The only thing
that really makes one stop and
think is real meaning conveyed
through emotionally resonant
communication. That idea which
is so clever you stop to play with
it in your mind, the concept
with layered meaning you enjoy
stripping back layer by layer. This
can be visual too, quietness in a
sea of noise delivers real power, a
whisper which makes you come
closer. Visual beauty so masterful
in it’s craft you are suspended for a
moment in awe.
The more content that is
created, the more we need to
focus on quality, in taking a
stand and making your moment
matter. Rather than feel the
anxiety and the need to speed up
communications with marketing
departments producing more and
more content with a diminishing
return in terms of audience
resonance. The bold need to slow
down, communicate less, design
better and let the audience join
them on their journey. Great
design can paint pictures with
words and create images that
make the heart sing, there is
nothing more powerful in the
arsenal of a luxury brand.
constructlondon.com
THE CHANGING FACE OF LUXURYGeorgia Fendley
Georgia Fendley is CEO of Hill and Friends, Founder of Construct and NED of Cambridge Satchel Company
Luxury Briefing Issue 188
Brand matters
Design of the times
35
What is your current favourite item of clothing? J Brand Kane jeans, the culmination of a lifetime search for the perfect pair. ... fragrance? Bergamote 22 by Le Labo, Grasse. Where have you received the best customer service?For me the epitome of customer experience is Four Seasons Hotels & Resorts. Having visited many of their properties over the years the service quality is always exceptional. What do you dislike?I know it sounds rather glib, but I detest people who drop litter - a simple act that shows so much disrespect for society and others. Is beauty or function more important?The best products have always achieved both. I like, too, how utilitarian design can often become iconic, with a simple beauty. What do you do to relax? In the winter I ski as much as I can. In the Summer I like to sail dinghys in warm water. Where would your ideal holiday be?A family skiing holiday in Les Tois Vallées, the best best ski area in the world, where we are developing a boutique hotel in the village of Courchevel 1650.
Which luxury company has the best ads?The imagery in the latest Rolex print advertising is stunning and really captures the essence of the brand. Do you collect anything or would you like to?I can see myself having a barn filled with iconic cars from different eras.
What items are you currently dreaming of buying?As an occasional cigar smoker I admire Linley’s range of humidors and the traditional craftsmanship embodied by the brand.
What do you predict will be the biggest trends this year?Advances in technology have clearly brought tremendous benefits, but as a result of this I expect consumers to focus increasingly on heritage and personalised service.
Q& A
Jeremy Robson
Owner of The Great Northern Hotel
Issue 188 Luxury Briefing
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