News 26.12.2023

Need to Know

LSN:Global’s coverage of luxury, travel and hospitality in 2023 explored what new-age luxurians have come to expect from brands: craftsmanship, connoisseurship, curation, and above all, restful rejuvenation.

The Trend: Luxury Recrafted

New Renaissance by Ferragamo in partnership with Le Gallerie degli Uffizi. Photography by Tyler Mitchell, Italy

Earlier this year we published Luxury Recrafted, our luxury sector macrotrend report that investigates how the young luxurians of tomorrow will expect luxury to signal status through craftsmanship and provenance while innovating techniques to champion ESG along the way.

Young wealthy individuals seek more than just a purchase; they’re looking to be actively engaged in the world of brands they support. Having grown up in the age of streetwear, younger Millennials along with Gen Z and Alpha aren’t just enthusiasts, but also knowledgeable connoisseurs and avid archivists.

Their understanding of luxury revolves around the exchange of expertise, exclusive access, a sense of community and a strong appreciation of craftsmanship. Luxury brands need to take note of these shifting codes of luxury and adapt accordingly. It requires an evolution towards a deeper focus on the true value of luxury: quality, craftsmanship, longevity and provenance.

The Big Idea: Five Airlines Uplifting In-flight Wellness

Airlines are redefining luxury air travel, transforming the on-board experience from tiring to invigorating and elevating wellness to new heights at 40,000 feet. As consumers tire of low-cost – and often low-comfort – commercial flights, travellers have shown an interest in premium experiences.

From luxury toiletries to better food options, optimised sleep pods to stretching and chill zones, airlines are working hard to reframe their flights as a destination for relaxation and rejuvenation. US-based United Airlines, for example, has partnered with luxury retailer Saks Fifth Avenue and tech wellness company Therabody to offer passengers the ‘best sleep in the sky’. Similarly, Australia’s Qantas Airways has made concerted efforts to humanise long-haul flights by decreasing the number of seats in the economy cabin and introducing a wellness zone. Passengers can leave their seats, walk around and stretch or follow guided exercises.

Wellness and beauty brands have the chance to enhance the travel experience for all passengers by offering portable in-flight wellness products, regardless of their seating location. Airlines should also consider how to expand their new-found wellness status by hosting events and experiences that complement the flights to enhance brand loyalty.

VistaJet Wellness

The Campaign: Palace and Wedgwood create eccentric skateboards and tea sets

Palace and Wedgwood, UK

In October 2023, Palace, the iconic British skatewear brand, forged an unconventional alliance with the storied china and porcelain maker Wedgwood, resulting in the whimsical Palace x Wedgwood collection. This unique collaboration blends the edgy world of skate culture with the refined elegance of classic English china.

The line showcases a delightful tea set, complete with a teapot, cup, saucer and plate, all featuring a playful strawberry graphic pattern reminiscent of Wedgwood’s renowned wild strawberry and vine motif. In addition, the collection presents an exclusive series of skateboards, combining Palace’s distinctive strawberry print with Wedgwood’s signature blue colour scheme, creating a striking and innovative fusion of styles.

The campaign was shot by Alasdair McLellan and takes inspiration from the iconic BBC tv series Antiques Roadshow – utilising a discerning sense of if-you-know, you-know humour. The collaboration is a great example of how a brand can re-interpret its heritage and tradition, formulating it to capture a younger audience. Unique and unexpected partnerships offer brands this opportunity to dust themselves off and refreshen their brand identity.

The Viewpoint: Elevating Travel Narratives

Paseo, Austin, US. Photography by Charlie McKay, UK Paseo, Austin, US. Photography by Charlie McKay, UK

With extensive experience gained working at IHG and The Hoxton, James Huntly set out to pave his own way when he founded his strategic design agency AboundStudio in 2019. Combining his love for travel, design and hospitality, the Perth-based studio works with forward-thinking and experience-focused businesses across hospitality and residential developments.

The consultancy seeks out market disruptors and brands that understand shifting consumers’ values and demands. Huntly and his team are keen to help brands move away from the cold and corporate cookie-cutter templates traditionally employed in hospitality, instead creating brand identities and narratives that resonate well with the post-pandemic workers who are flexible travellers and explorers.

‘There is a proliferation of lifestyle brands. Almost all hotels have adopted urban lifestyle offerings,’ Huntly tells LS:N Global. This is why it is quintessential that brands find their own voice, their own authenticity. Instead of focusing on doing everything, brands should identify what consumers really want from them. ‘Having a clear set of brand pillars is important because one can build, adapt or expand from that, but you must be identified for doing two or three things really, really well.’

The Space: Lamborghini unveils exclusive luxury residences

Tierra Viva Residences by Lamborghini, Spain
Tierra Viva Residences by Lamborghini, Spain
Tierra Viva Residences by Lamborghini, Spain

Lamborghini, the renowned Italian automaker, is making a foray into Europe's real estate sector with the launch of its first residential project, Tierra Viva, set to complete in 2027 in Benahavis, Spain. This venture, in partnership with luxury property developer Dar Global, promises a living experience infused with the spirit of Lamborghini, featuring elements like leather details and sophisticated glasswork.

This exclusive gated community, with stunning views of the Mediterranean Sea, will feature 53 luxurious villas. It offers residents both proximities to major tourist attractions and the assurance of 24/7 security.

Valued at approximately £242m ($307m, €282m), Tierra Viva presents three villa designs, each equipped with panoramic swimming pools, private gardens, direct car access, spacious terraces, and exquisite marble floors. Tierra Viva is a great example of a shift we’re noticing in consumer behaviour to adopt a designed living instead of its preceding designer life, as set out in New Codes of Luxury report launching in January 2024.

Download the Future Forecast 2024 report

Now that you know what shaped 2023, discover what’s on the horizon. Download our Future Forecast 2024 report comprising 50 new trends across 10 key consumer sectors, insights from our analysts and interviews with global innovators.

Not a member of LS:N Global?

The Future Sessions Bundle, which includes both our Future Forecast 2024 and Future Five 2024 PDF reports, is available to purchase from The Future Laboratory shop. Interested in becoming a member? Learn more here.

Previous News Articles
The Salvation Army introduces easy donations for hotel guests in Brazil

News

The Salvation Army introduces easy donations for hotel guests in Brazil

The Salvation Hanger initiative, launched in São Paulo, simplifies the donation process for Sheraton Hotels & Resorts guests, encouraging them to g...
Fashion : Sustainability : Society
Charlotte Tilbury Beauty's Future of Fragrance Experience opens in East London

News

Charlotte Tilbury Beauty's Future of Fragrance Experience opens in East London

StudioXAG has teamed up with Charlotte Tilbury to launch the Future of Fragrance Experience, an immersive pop-up event showcasing the brand's new ...
Beauty : Retail : Fragrance
Foresight Friday: Olivia Houghton, deputy creative foresight editor

News

Foresight Friday: Olivia Houghton, deputy creative foresight editor

Every Friday, we offer an end-of-week wrap-up of the topics, issues, ideas and virals we’re all talking about. This week, deputy creative foresight...
Foresight : Foresight Friday : Dating
Stat: Indian tourists plan European getaways with new visas

News

Stat: Indian tourists plan European getaways with new visas

For Indians planning their next trip, Europe seems to be the destination of choice. A recent study by Policybazaar.com has revealed that 82% of Ind...
Travel : Hospitality : India
Monzo’s surreal new ad champions positive financial thinking

News

Monzo’s surreal new ad champions positive financial thinking

British online bank Monzo is challenging the negative emotions typically associated with money management in its latest campaign, Money Never Felt ...
Finance : Advertising : Design
Max Space and SpaceX unveil inflatable habitats for space exploration

News

Max Space and SpaceX unveil inflatable habitats for space exploration

Aaron Kemmer and Maxim de Jong of Max Space have revealed their plan to launch inflatable habitats into space by 2026, in partnership with SpaceX.
Space : Travel : Hospitality
Equinox launches new luxurious longevity scheme

News

Equinox launches new luxurious longevity scheme

Equinox Fitness has introduced Optimize by Equinox, a personalised longevity programme.
Health : Wellness : Sport
Stat: Consumers are searching for ‘quiet life travel’ destinations

News

Stat: Consumers are searching for ‘quiet life travel’ destinations

The Pinterest Summer 2024 Travel Report has revealed that consumers are looking to swap the hustle and bustle of daily life for serene landscapes a...
Travel : Hospitality : Society
Speedo reclaims its spot in swimwear with new campaign

News

Speedo reclaims its spot in swimwear with new campaign

Speedo has unveiled Go Full Speedo, a global campaign to mark the brand’s relaunch during an Olympic year.
Sport : Heritage : Fashion
Anti-anxiety vest wins Rimowa Design Prize

News

Anti-anxiety vest wins Rimowa Design Prize

Janne Kreimer, an Integrated Design student at The Anhalt University, was awarded the 2024 Rimowa Design Prize for her project, Ro.
Technology : Health : Wellnesss
You have 2 free News articles remaining. Sign up to LS:N Global to get unlimited access to all articles.
BECOME A MEMBER
SIGN IN

What do we use cookies for?

We use cookies to enable the use of our platform’s paid features and to analyse our traffic. No personal data, including your IP address, is stored and we do not sell data to third parties.

Learn more