Luxury

An exploration of the luxury market through trends, insights and expert opinions.

News 11.10.2018

Need to Know

3D printing reduces food waste, why we’re turned off by wealth and the opportunities for eco-dating.

A store inspired by Chinese shadow theatres

Dear So Cute by Lukstudio, Haining
Dear So Cute by Lukstudio, Haining
Dear So Cute by Lukstudio, Haining

Haining, China – Lukstudio has designed the store for fashion platform Dear So Cute, imagining the retail space as a theatre.

The store, located in Haining, was inspired by the Chinese city’s cultural tradition of shadow puppetry. Lukstudio installed a series of steel boxes to mimic a theatre set, breaking up the open floor into smaller rooms. Windows frame these spaces, giving shoppers a peek of Dear So Cute’s collections, while doorways provide a path for visitors to explore the space.

The store also includes a café, which has been staged to turn diners into an audience that can watch shoppers as they browse. With its voyeuristic approach to store design, Lukstudio is tapping into the benefits of Inspiration Per Square Foot, creating a retail space that encourages discovery while also celebrating local history.

3D printing can reduce food waste

3D-printed food snacks by Elzelinde van Doleweerd 3D-printed food snacks by Elzelinde van Doleweerd
3D-printed food snacks by Elzelinde van Doleweerd 3D-printed food snacks by Elzelinde van Doleweerd

The Netherlands – Elzelinde van Doleweerd has joined forces with a Chinese technology company to create snacks that are 3D-printed from leftover food.

In collaboration with the 3D Food Company – which has been experimenting with the process since 2015 – the snacks include crackers made from waste rice and purple sweet potatoes. To start the process, Van Doleweerd, a graduate from Eindhoven University of Technology, mashes together the ingredients to create a smooth paste, which can then be printed and baked. After baking, the crackers are dehydrated, which means no bacterial activity can take place and the food is safe to eat for a long time.

‘Looking at the growing population, more food is needed in the future, but on the other hand, one third of the food produced is wasted nowadays,’ says Van Doleweerd. ‘With the use of new technologies, I want to explore societal food challenges.’

3D printing is just one method innovators are using to address leftover food, with the ultimate aim of making sustainability delicious.

Consumers find excessive wealth unappealing

US – A recent study by the University of Michigan challenges the myth that buying luxury items can impress others.

To conduct the study, social psychologist Stephen Garcia set up hypothetical scenarios in which he asked participants what they would do in one of two roles – to make friends or to evaluate potential friends. Garcia found that 65% of respondents would travel to a wedding party in a luxury car, over a basic car, in order to make friends. However, the luxury car owners were deemed less socially appealing than basic car owners.

The rest of the results followed a similar pattern, hypothesising that people generally prefer those who do not flaunt their wealth. ‘People think… that status is going to attract new friends,’ Garcia told The Atlantic. ‘However, it actually has the opposite effect – people would rather befriend, in a conversation or in an interaction, someone who doesn’t display [high-]status, but rather more neutral markers.’

We’re entering an era in which the social values linked to material goods are evolving. For more on how this will affect traditional markers of luxury, explore our macrotrend Uneasy Affluence.

Generation Wealth by Lauren Greenfield documents the absurdity of 20th-century capitalism

Facebook enters the home assistant market

Portal by Facebook Portal by Facebook

US – The social network has launched its first technology product – a video calling device that connects families and friends.

Portal is a smart device for the home, complete with webcam and screen, that users can activate with voice commands. The addition of artificial intelligence (AI) means that the camera can follow the caller around the room, allowing for more natural conversation. Users are also able to call friends and family without a Portal device by using the Facebook Messenger platform.

Although Portal is arguably a competitor to Amazon’s home devices, Facebook has chosen to incorporate its Alexa system into the device. This turns the Portal into a home assistant, allowing users to check the weather, request sports scores or order groceries.

According to Bloomberg, Portal was originally scheduled to be launched in March 2018, but was delayed due to the unfolding Cambridge Analytica scandal. To address this, Portal features security measures such as the ability to easily disable the camera and microphone.

As living arrangements diversify, brands are helping families connect through Telepresence Tech.

Stat: A sustainable attitude is an attractive trait

A new study by JWT analysing consumers in the UK, the US, Australia and China highlights the global movement towards sustainable living. Some 92% of respondents said they try to live more sustainably, while JWT reports that green living, including growth in veganism, is also expanding beyond the West. In China, for example, veganism is expected to rise by 17% by 2020.

This mindset is also extending to dating, with more than two-thirds (79%) of respondents stating that caring about the environment is a trait they look for in a potential partner.

As people lose interest in appearance-driven dating apps, niche alternatives such as Grazer are emerging specifically for audiences such as vegans. Social platforms are also hoping to unite users through their interests, with Facebook recently launching its Dating feature.

Thought-starter: Are women driving the cannabis market?

With the pharmaceutical industry under scrutiny for not accommodating women’s needs, foresight writer Rhiannon McGregor explores how female consumers are turning to marijuana as their favoured approach to wellness.

Fuelled in part by women’s use of cannabis as a health product to treat the symptoms of menstruation and menopause, for example, the US legal cannabis market is predicted to grow to £30.8bn ($40bn, €34.8bn) in 2021.

Catering for women in particular, a host of new publications and platforms are emerging that address the idea of self-care through cannabis. Producer and distributor of health and wellness cannabis products, 48North, recently launched its new platform Latitude, which celebrates the real-life stories of women using cannabis to improve their health and wellbeing.

In recognition of the fact that men and women metabolise and therefore react to cannabis very differently, Fleurish Cannabis, due to be launched later in 2018, has conducted extensive research to ensure that its products, such as pre-rolled joints, are specifically suited to women and their health and wellness needs.

For more, read the microtrend Female Highs.

48North, Canada. Branding by Blok Design
Guochao Wellness

Markets

Guochao Wellness

The Chinese luxury wellness sector has shifted gears by embracing the ‘national trend’ of Guochao, offering authentic cultural experiences and C-be...
China : Guochao : Luxury
Emerging Youth: Saudi Arabia

Markets

Emerging Youth: Saudi Arabia

In Saudi Arabia, digitally savvy Gen Z, fuelled by a profound cultural pride and a thirst for global experiences, are redefining retail, luxury, ho...
Saudi Arabia : Gen Z : Middle East
Practical Paths to Planet-Positive Luxury

Viewpoints

Practical Paths to Planet-Positive Luxury

Diana Verde Nieto tells LS:N Global about Reimagining Luxury, her latest book on how to build a positive and sustainable future for brands.
Luxury : Advertising & Branding : Sustainability
Five Luxury Leisure Pop-Ups

Big Ideas

Five Luxury Leisure Pop-Ups

As the personal luxury goods market rebounds and consumers continue to seek out experiences across travel, leisure and dining, luxury brands are di...
Luxury : Travel & Hospitality : Retail
Luxury’s Food Strategies

Big Ideas

Luxury’s Food Strategies

From high fashion embracing high flavours to pantry staples becoming status symbols, brands are getting creative about turning eating into a luxury...
Luxury : Food & Drink : Retail
Luxury States: New Codes of Luxury 2024–2025

Macro Trends

Luxury States: New Codes of Luxury 2024–2025

An essential tool, the Five Luxury States define people’s emotional and psychological journeys through the luxury sector, giving rise to a new set ...
Luxury : Travel & Hospitality : Fashion
NRF 2024 Retail’s Big Show: Community, Luxury and Loyalty

Big Ideas

NRF 2024 Retail’s Big Show: Community, Luxury and Loyalty

At the biggest retail conference in the US, all eyes were on experiential retail, the evolution of the luxury consumer and the critical role of loy...
Retail : Events : Luxury
Destination Debrief: Hainan

Big Ideas

Destination Debrief: Hainan

China’s Hawaii has turned its tropical forests and pristine beaches into a destination for both local and global luxury consumers seeking an authen...
China : Hainan Island : Hainan
Saudi Arabia: Luxury Beauty & Wellness

Markets

Saudi Arabia: Luxury Beauty & Wellness

Our latest report explores Saudi Arabia’s commitment to fostering a health renaissance, with high-end retreats and holistic beauty brands all on th...
Wellness : Beauty : Health
Brand Innovation Debrief: Loewe

Big Ideas

Brand Innovation Debrief: Loewe

Spearheaded by fashion mastermind Jonathan Anderson, the Spanish luxury house is reaching new heights and mainstream appeal, without compromising o...
Fashion : Luxury : Pop Culture & Media
Podcast: Carlota Rodben on the Future of Luxury and Emotion

Podcasts

Podcast: Carlota Rodben on the Future of Luxury and Emotion

In a new episode of his Back to the F**kture podcast, The Future Laboratory co-founder Martin Raymond is joined by Beyond Luxury: The Promise of Em...
Podcast : Back To The F**kture : Luxury
Future Forecast 2024: Luxury

Micro Trends

Future Forecast 2024: Luxury

The luxury sector has shown remarkable resilience amid economic challenges, and maintained its social and economic prestige, demonstrating impressi...
Luxury : Economy : Legacy
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