All posts tagged: ATTITUDE

Can True Luxury Actually Involve Sharing?

I will never forget the first time someone asked me the question (it was circa 1990). My husband and I had just arrived on Martha’s Vineyard, and we ran into a fellow Harvard Law School grad. After the usual air kisses and humble brags about work, she asked when we had arrived on the island. And where we were staying. Then came “The Question”: Do you rent or own?

Does Luxury Mean the Same Thing in the East and the West?

With Asia forecast to have 1 billion affluent consumers within the next decade, it’s a rather pressing issue to understand the nuances of what passes for luxury there. In the first quarter of this year, LVMH reported that 37% of its global revenue came from Asia. The region is huge and its cultures varied, so it’s foolhardy to make broad statements about the nature of Asian luxury. That said, taking a look at Hong Kong, Singapore, Tokyo, and Shanghai versus New York, London, Paris and Milan, some interesting themes emerge. Here are a few things I’ve observed in my travels: