The Changing Idea of Luxury

Luxury Fashion Future Luxury Trends Changing Luxury Viewsource

The luxury market is booming worldwide once again. It’s expected to rise by 8% and be worth $260 billion by the end of this year.

Luxury is about stimulating the senses- touching, hearing, tasting, being around beautiful things- all stimulate the senses and impact your state of mind.

The idea of luxury has evolved thorough out history. In ancient Greece meat and fish were a luxury. For England in the Middle Ages it was spices. Right now it’s about the luxury of things.

What will be considered luxury in 10 years? Meaningful experiences. For the new consumer, the luxury of things is becoming dull. They want to be touched emotionally, and have meaningful experiences that they can savor and remember. New priorities like sustainability and ethical concerns are also emerging in the new luxury.

article source

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s