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Home furnishings

Why and how the design industry is adopting the luxury business model

November 6, 2020

To grow in this rapidly changing world, design professionals and resources have to escape the design business model and adopt the luxury business model. Image credit: The Home Trust To grow in this rapidly changing world, design professionals and resources have to escape the design business model and adopt the luxury business model. Image credit: Michelle Workman Interiors, photo by Gregory Zabilski

 

By Christopher P.  Ramey

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1 thought on “Why and how the design industry is adopting the luxury business model”

  1. Cecily Horton says:
    November 6, 2020 at 8:45 am

    You are spot on in this article. As a client I seek a discrete bespoke experience. I am bewildered by a plethora of choices and prefer to have 3 or 4 choices that have been sourced according to the designer’s understanding of my needs and preferences. I am happiest when something I would never have thought of myself is the perfect answer. (Just don’t try telling me about art, because my art collection is all me!)

 
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  1. Mall openings accounted for 38pc of new luxury retail leases in 2022: JLL
  2. Louis Vuitton debuts podcast, diving into maison’s cultural history
  3. September 2023 issue of Luxury Portfolio magazine goes live
  4. LVMH Data AI Summit returns for second year
  5. Breitling reinforces sustainability, releases ESG report
  6. Fashion stylists promote preloved luxury for Vestiaire Collective
  7. Presentation decks and agenda for Luxury FirstLook Jan. 15
  8. Climate change costing luxury fashion: report
  9. Consumer purchase intent climbing, per latest Saks Luxury Pulse survey
  10. Men spend more on luxury, but shop the same amount as women: report
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