Industry Challenges - The luxury industry faces a critical challenge in the declining interest of new generations in pursuing careers as artisans, despite the "Made in Italy" label's reliance on them [1] - Craftsmanship suffers from a low reputation and lacks appealing communication, leading to little social recognition and the perception of it being a career involving "dirty hands" and hard work [1][2] - Luxury brands often prioritize showcasing products over highlighting the artisans behind them, neglecting the importance of human resources in the luxury business [1] Proposed Solutions - The luxury sector needs to change the way craftsmanship is communicated, bringing artisans out of factories to inspire new generations, not just to justify high prices [6] - Companies should create immersive experiences, such as family days, to raise craftsmanship awareness among youth and help them discover the value of creating beauty [7] - Luxury brands must put their artisans in the spotlight, giving them new dignity and recognizing them as the true influencers of their heritage [7] The Power of Storytelling - Storytelling can significantly impact career aspirations, as demonstrated by the surge in young people wanting to become chefs after the release of Junior Master Chef in Italy [5] - The industry needs "a new master bag, a new master yacht" to inspire the new generation [5] The Importance of Human Resources - The most important resources for any luxury brand are its people, their hands, their faces, and their names [1] - Companies should learn the names of their employees and make each person feel unique, recognizing that everyone counts, even those working behind the scenes [1] The Role of Design - Designers are like treasure hunters, able to capture an idea and transform it into beauty [1] - Design and technology come together to create beautiful yachts able to tackle the most extreme conditions [1] The Need for Awareness - Luxury brands must become the driving force behind raising awareness of the fact that artisans are the true creators of beauty [4] - Without forward-thinking strategies, the "Made in Italy" label is at risk [4] The Passion for Creativity - Many artisans initially aspired to different careers but found success and passion in craftsmanship, highlighting the importance of creativity [1] - The passion for creativity keeps the crafts alive, together with family traditions, the quality of the finished product, and the inspirations from others [1] The Lack of Communication - Many managers do not ask their artisans why they love their job [1] - When asked what is the most important resource for any company success, many managers replied the product [1] The Comfort Ti Janata Research - In 2013, Comfort Ti Janata released an interesting research talking about the most desired professions to young people [4] - Craftsmanship only ranked 21st in the most desired professions to young people [5]

Welcome back. Ralph Lauren reiterating its 2026 outlook and also introducing new three-year targets in an investor day in New York City yesterday. The company expecting revenue to increase at a compounded annual growth rate of mid-s single digits while operating margins set to expand by 100 to 150 basis points. Ralph Lauren also planning to return at least $2 billion to shareholders through dividends and share buybacks. The stocks up more than 30% this year, outpacing the broader retail space. Joining us no ...

Business Overview & Strategy - The business was born from a personal realization of wanting genuine luxury products but being unable to afford them, aiming to change that for other women [1] - The company's idea is to curate surplus designer inventory and offer it at prices that make high-end pieces attainable, focusing on real luxury rather than fake goods [1] - The company started with pop-ups in Delhi, later expanding to new cities like Mumbai, Kolkata, and Hyderabad, and is gradually building an online presence [2] Challenges & Achievements - Initially, designers were hesitant to partner with an untested venture, and customers were skeptical about affordable luxury [1] - The company has successfully helped over 70 brands liquidate more than 4500 Crores (approximately $540 million USD, using a rough conversion of 83.3 INR/USD) worth of inventory [1] - The speaker emphasizes the importance of self-belief and resilience in building a business, especially as a woman entrepreneur and mother [1] Core Values & Lessons - Premium living is about access to beauty, quality, and feeling worthy of beautiful things, not just the price tag [2] - Respect for work comes from understanding its absence, especially after experiencing both having everything and losing it [2] - True luxury is making others feel luxurious, highlighting the importance of making meaningful things accessible to others [2]

A new generation of designers is under pressure to make luxury relevant - and profitable - writes @AndreaFelsted (via @opinion) https://t.co/q3K2dgGMIt ...

The U.S. Open is a hot bed for luxury on the court and in the stands—here’s what we’ve seen so far: https://t.co/CZOzoZdfQv (Photo: Timothy A. Clary/AFP via Getty Images) https://t.co/kAxCZT4mFY ...

The One Luxury These Billionaires Say They Can’t Live Without https://t.co/KDbo6F7ypV https://t.co/xmPXfZ2NFh ...

Market Expansion - Sotheby's 将在阿布扎比推出首个拍卖系列 [1] - 阿布扎比正在加强其成为全球艺术和奢侈品目的地的努力 [1]

Luxury Hospitality - Highlights eight luxurious new suites in Las Vegas [1] Marketing & Promotion - Promotes Las Vegas suites via social media platform (Twitter) [1]

Luxury Travel & Hospitality - Las Vegas 新推出了 8 间最豪华的套房 [1]

Luxury Travel & Hospitality - The article highlights "8 Most Luxurious New Suites In Las Vegas" [1] Marketing & Promotion - The article promotes luxury suites in Las Vegas via social media platform X (formerly Twitter) [1]