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Luxury Library: The LUXPreneur: How to Start and Build a Successful Luxury Brand 

Author: Elizabeth Solaru 
Publication Date: 2024
Amazon Rating: 5

The WLCC Luxury Library is a vital hub for luxury professionals and enthusiasts, offering a curated collection of insights, trends, and knowledge in the luxury sector. Tailored for members of the World Luxury Chamber of Commerce, it offers up-to-date resources on branding, marketing, and high-end consumer behavior. Through a focus on learning and collaboration, the Luxury Library seeks to inspire innovation and raise the bar within the luxury sector. 

The LUXPreneur: How to Start and Build a Successful Luxury Brand, written by internationally recognised luxury consultant Elizabeth Solaru, is a practical and insightful guide for aspiring and established luxury entrepreneurs. Drawing from over 20 years of global experience working with UHNWIs and royalty, Solaru addresses the central question faced by luxury businesses: How do I find and sell to affluent clients? 

The Book Reveals Several Foundational Lessons, Including: 

  • An in-depth analysis of luxury entrepreneurship and the psychology of high-end clients. 
  • A categorization of various types of luxury entrepreneurs helps readers understand their place in the industry. 
  • Insight into the distinct psychologies of luxury clients, including how and why they make purchasing decisions. 
  • Practical guidance on where and how to find affluent clients, both in digital spaces and through offline strategies. 
  • Strategies for selling to high-end clientele and a breakdown of how luxury brands create allure and desirability. 
  • Advice on tailoring your brand approach to different types of luxury buyers (aspirational to the ultra-wealthy). 
  • Unique and valuable perspectives on the archetypes of luxury entrepreneurs, grounded in experience and observation. 
  • A practical roadmap for those looking to launch or grow a small to medium-sized luxury business. 
  • Foundational knowledge and strategic guidance are designed to help readers succeed in the luxury market, whether they are beginners or experienced entrepreneurs. 

The LUXPreneur” is a strategic companion for anyone serious about succeeding in the high-end market. Whether launching a new venture or refining an existing brand, this book provides the clarity, tools, and mindset needed to thrive. 

Get the book on Amazon today. 

To learn more about The Luxury Library, view the 21 must-read books.  

A Jewel in the Gulf: Bvlgari’s Private Island Resort Coming to Abu Dhabi 

Breaking new ground in the world of luxury travel, Bvlgari Hotels & Resorts has revealed plans for an ultra-premium resort in Abu Dhabi, developed in partnership with leading Emirati real estate firm Eagle Hills. Scheduled to open in 2030, the retreat will be nestled on a private island, accessible only by a specially constructed bridge, offering unmatched seclusion just minutes from the city. Could this be the next icon of Middle Eastern luxury? 

Blending timeless Italian design with the elegance of Gulf architecture, the resort is envisioned as a sanctuary of modern luxury. Designed by the renowned ACPV ARCHITECTS Antonio Citterio and Patricia Viel and landscaped by LAND SRL, the project brings together refined craftsmanship and natural beauty. 

At the heart of this ambitious venture are several standout features: 

  • 60-room luxury resort, including 30 beachfront villas, each with a private pool and panoramic sea views. 
  • 90 private mansions, ranging in size from 1,650m² to 2,500m², featuring: 8 beachfront estates with direct access to private beaches and select homes equipped with docks for yachts up to 25 meters long. 
  • A spectacular Bvlgari Villa: Spanning 1,200m² with five bedrooms, a 20-meter private pool, and expansive outdoor living spaces. 

Beyond its accommodations, the resort will offer a curated suite of amenities that reflect Bvlgari’s distinctive blend of style, well-being, and fine living. 

Signature Amenities: 

  • Bvlgari Spa (2,000m²), including a 25-meter indoor pool, 1,000m² fitness center, and outdoor wellness deck for open-air treatments. 
  • Il Caffè, Bvlgari’s signature Italian restaurant concept. 
  • Bvlgari Dolci, boutique for artisanal sweets and gifts. 
  • La Galleria, a lifestyle concept store featuring fashion, design, and culture. 
  • Multiple fine dining options offering global cuisines. 
  • Private Yacht Club and a 40-berth marina. 
  • City-facing Ballroom for private events, galas, and celebrations. 

According to Bvlgari CEO Jean-Christophe Babin, the project is more than just a hospitality destination; it’s “a tribute to Abu Dhabi’s cultural identity,” and a bold new benchmark in the world of haute hospitality. His long-standing partnership with Eagle Hills founder Mohamed Alabbar brings deep regional insight to a project grounded in international design standards and luxury heritage. 

This venture comes as part of Bvlgari’s broader global expansion, including the forthcoming Bvlgari Resort & Mansions Cave Cay in the Bahamas, set to open in 2029 on a private 220-acre island. 

With a rare blend of privacy, design excellence, and bespoke living, this island escape stands as a striking new symbol of luxury in the Middle East. 

Stay up to date on the latest luxury industry news: https://worldluxurychamber.com/insights-news/     

SOURCES: YAHOO FINANCE  

Luxury Travel is Changing: WLCC’s New Committee Will Lead the Way

Luxury travel is no longer merely about lavish surroundings or five-star service. Today’s discerning travelers are seeking something more: personalization, privacy, wellness, and meaning; an experience that lingers for years to come. The very definition of luxury is evolving, guided by changing global values, emerging technologies, and heightened expectations for experiences that are as unique as the individual. 

This evolution is being shaped by changing values, next-gen technology, and rising expectations. In response, the World Luxury Chamber of Commerce (WLCC) is launching a dedicated Luxury Travel & Hospitality Committee, a global initiative designed to unite industry leaders, define emerging standards, and drive innovation at the highest level of luxury travel.

What’s Changing in Luxury Travel?

Personalization is now the cornerstone of a modern luxury experience. Travelers expect bespoke itineraries tailored to their passions, preferences, and personal stories. Whether it’s an art-focused tour through Venice, a custom-designed wellness retreat, or digital concierge services that anticipate needs before they’re voiced, tailored journeys are the new norm.

Wellness has also become a central driver of travel decisions. It’s no longer just about escaping the routine; it’s about restoring balance. From immersive nature escapes to private spa sanctuaries and transformative well-being programs, luxury travelers want experiences that nurture mind, body, and spirit.

And in a world that feels increasingly connected, privacy has never been more valuable. Today’s affluent travelers seek exclusive-use villas, private aviation, remote destinations, and brands that understand how to balance presence with discretion. True luxury now means space, silence, and control over your environment.

Why WLCC Is Stepping In

There’s a growing demand for global leadership, alignment, and meaningful collaboration across the industry. That’s exactly where the World Luxury Chamber of Commerce steps in.

WLCC is one of the world’s largest and most influential networks of luxury brands, uniting over 5,000 high-end companies across more than 100 countries. From iconic hotels and resorts to award-winning restaurants, private travel curators, aviation and yacht services, and experience-driven destinations, WLCC brings together the best of the global luxury hospitality and travel sectors.

With this scale and reach, the new WLCC Luxury Travel & Hospitality Committee, officially launching in October 2025, is uniquely positioned to serve as a powerful platform for cross-border dialogue, idea exchange, and elevated collaboration.

It will become a curated space where hospitality leaders from around the world can come together to:

  • Explore the latest trends, insights, and global best practices in luxury travel and hospitality
  • Forge strategic partnerships and business connections
  • Co-create and refine international standards of excellence
  • Inspire innovation across every level of the guest journey
  • Participate in a mentorship program, pairing boutique and emerging luxury brands with seasoned industry veterans

The committee’s meetings and roundtables will cover a wide range of timely and strategic topics, such as high-net-worth traveler behavior, elite guest loyalty, luxury brand collaborations, private aviation, and the intersection of hospitality and emerging technologies. Sustainability, crisis management, and best-in-class case studies from around the world will also be key points of discussion.

In short, the Luxury Travel & Hospitality Committee is an exclusive global meeting point for those who want to shape what luxury hospitality will look like for the next decade and beyond.

Join the Movement Shaping Tomorrow’s Luxury Travel

For luxury brands, hospitality leaders, and experience curators ready to lead, not follow, this committee offers a seat at the table where the future is being defined.

If you’re interested in being part of the WLCC Luxury Travel & Hospitality Committee, fill out the following short form to express your interest and stay informed about next steps: https://worldluxurychamber.com/committee-interest-form/

The Art of Escape: Aurora Travel’s Award-Winning Take on High-Touch, High-End Holidays

In a world where luxury travel is no longer defined by five-star hotels alone but by access, artistry, and emotional resonance, Aurora Travel has emerged as a true connoisseur of bespoke, high-end experiences. This year, the prestigious Luxury Lifestyle Awards has recognized Aurora Travel as the Best Luxury Tour Operator in Hungary, celebrating the company as one of the most trusted and worthy representatives of the global luxury industry.

This coveted award not only affirms Aurora Travel’s standing as a top-tier operator but also honors its deep focus on white-glove service, unmatched personalization, and discretion-led itineraries. From secluded island escapes to high-touch city breaks, Aurora Travel creates experiences for elite clientele that are as distinctive as the travelers themselves.

Aurora Travel

A Legacy of Handcrafted Luxury

Founded in Budapest by a group of visionary travel connoisseurs, Aurora Travel was born from a single idea: to reshape what it means to travel well. What started as a boutique agency quickly evolved into one of Hungary’s leading names in luxury tourism. With over a decade of excellence, Aurora Travel has built a global reputation for tailor-made travel design, serving high-net-worth individuals (HNWIs), couples, families, and international business leaders.

Their expertise spans Maldives escapes, Mediterranean yacht retreats, private jet journeys,wellness-centric getaways, and cultural deep-dives in some of the world’s most exclusive locations. The company’s footprint extends beyond Hungary, attracting clients across Eastern Europe, including Slovakia, Romania, the Czech Republic, and Poland, and increasingly from Western Europe and the Middle East.

Aurora Travel is distinguished by its 24/7 private agent model – each client is paired with a dedicated advisor who handles every detail, from the first consultation to post-return feedback. These agents are more than travel planners; they are storytellers, curators, and confidants who shape every journey into a faultless and unforgettable narrative.

Recognized for Excellence

Luxury Lifestyle Awards are known for celebrating the most refined names across various luxury sectors worldwide. In naming Aurora Travel the Best Luxury Tour Operator in Hungary, the company’s dedication to excellence, trust, and innovation have been highly praised.

From Forbes-rated private island resorts in the Maldives to off-grid Mediterranean sanctuaries, Aurora Travel’s itineraries are designed to be unforgettable and wholly unique. Clients are granted access to properties and experiences not available on mainstream platforms – the kind of access reserved for those who understand that true luxury is invisible, intuitive, and personal.

Aurora Travel

Why Elite Travelers Choose Aurora

Aurora Travel isn’t just a travel agency – it’s a luxury atelier. Clients turn to Aurora when they want something more than a vacation; they seek a unique escape that tells a story, indulges the senses, and leaves a lasting emotional imprint.

Whether it’s arranging an underwater dinner in the Indian Ocean, chartering a superyacht in the Adriatic, or planning a wellness retreat with private chefs and personalized spa treatments, Aurora delivers with flawless execution and understated sophistication.

Aurora’s approach also reflects a core commitment to client satisfaction and long-term loyalty. Their continuous feedback loop ensures every journey not only meets expectations but exceeds them. It’s no wonder that many clients become returning patrons – and friends.

For Those Who Expect More

For travelers who expect more than just luxury – and demand meaning, privacy, and personalization – Aurora Travel offers a rare blend of access, artistry, and absolute discretion. With a proven track record, elite partnerships, and a fiercely client-focused ethos, the company continues to shape the future of bespoke travel across borders.

To explore Aurora Travel’s handpicked collection of extraordinary escapes and begin creating your own unforgettable journey, visit https://www.instagram.com/aurora_travel_agency/?hl=en.

Live the story only you can tell. Travel the Aurora way.

Leading with Purpose: SDA Bocconi’s International Board Program

The World Luxury Chamber of Commerce proudly partners with SDA Bocconi School of Management to support the development of visionary leadership across global industries. Through this collaboration, WLCC members are empowered to expand their global influence, elevate boardroom performance, and cultivate forward-thinking strategies with the remarkable  International Board Program 2025.

Boardroom Leadership in an Era of Complex Macroeconomic Trends

In a time of rapid transformation, geopolitical tension, digital disruption, and increasing environmental accountability, the role of the board of directors has never been more pivotal. The International Board Program (IBP) by SDA Bocconi, in partnership with the University of St. Gallen, offers a strategic, high-level learning experience for current and aspiring board members, C-suite executives, and key shareholders of large, internationally oriented private companies.

Running from July 10 to September 26, 2025, this four-day program is structured across two modules: the first in Milan and the second in St. Gallen. Each location is more than a backdrop; it is an academic ecosystem that fosters leadership, cross-border insight, and global collaboration.

A Program Built for Today’s and Tomorrow’s Governance Challenges

The IBP is a comprehensive, forward-looking experience designed to elevate boardroom performance in a volatile and uncertain world. Through a meticulously structured curriculum, participants explore:

  • Governance Best Practices across global corporate structures
  • Risk Management and Internal Control Systems
  • Stakeholder Relations and Shareholder Engagement
  • Sustainability and ESG Reporting as strategic imperatives
  • AI, Cybersecurity, and Digitalization in board-level decisions
  • M&A and Equity Strategies for long-term growth
  • International Trade and Tax Policies

Interactive learning methods, including real-world case studies, simulations, and executive coaching, ensure concepts are immediately applicable to participants’ current challenges. Whether navigating succession in family-owned enterprises or leading board discussions on compensation strategy and international expansion, attendees are empowered with clarity, frameworks, and actionable insights.

Who Should Apply?

This program is specifically designed for high-impact individuals, those already serving as or preparing to become:

  • Board Members
  • General Managers or CEOs
  • Key Shareholders
  • Executives overseeing governance, compliance, strategy, or sustainability

Participants typically represent large private corporations operating across borders or preparing for a global scale. Whether from the luxury, industrial, technology, or services sectors, all share a common trait: the need to drive effective governance in dynamic, high-stakes environments.

Certification, Flexibility, and Benefits – Key Takeaways

  • Executive Recognition: Participants receive a certificate and a digital badge upon completion, enhancing their board-level credentials and professional visibility.
  • Flexible Learning Pathway: Completion of multiple SDA Bocconi programs within two years qualifies participants for the Executive Education Certificate.
  • Global Network Access: Graduates gain entry into the Bocconi Alumni Community, a powerful international network of over 135,000 professionals in 133 countries.
  • Exclusive Offer: WLCC Members benefit from a 15% – 20% Off

Why Choose SDA Bocconi?

SDA Bocconi consistently ranks among the world’s top business schools, 3rd in Europe and 10th globally for executive education (Financial Times, 2024). Its partnership with the University of St. Gallen, renowned for research in governance and finance, ensures a dual academic advantage rooted in both rigor and real-world relevance.

But what truly sets SDA Bocconi apart is its learning philosophy that combines rigor and innovation; it opens doors to connections, mentorship, and lifelong learning opportunities. Participants also gain access to the Bocconi Alumni Community, a 135,000-strong network of global professionals spanning 133 countries.

For forward-thinking executives ready to redefine governance, SDA Bocconi and the University of St. Gallen offer the launchpad to lead with vision, purpose, and global impact.

For more information or to apply, please visit: https://worldluxurychamber.com/events/international-board-program/ & https://www.sdabocconi.it/en/executive-open-programs/international-board-program-315564

To see upcoming programs, visit https://worldluxurychamber.com/development/ 

Paris Fashion Week Sets the Tone for Tomorrow’s Men’s Fashion 

Paris Men’s Fashion Week Spring/Summer 2026 opened with a strong sense of luxury and anticipation. From June 24 to June 29, 2025, the French capital once again asserted itself as the ultimate epicenter of high-end fashion. The event generated an estimated economic impact of €1.2 billion and attracted nearly 30,000 international visitors, held primarily at the iconic Palais de Tokyo. Featuring over 70 esteemed fashion houses, this year’s Men’s Fashion Week marked a pivotal moment of innovation and refinement in the world of elite menswear. 

Dior’s Spring/Summer 2026 collection by Jonathan Anderson was one of the most eagerly awaited highlights of the week. This marked Anderson’s first collection since taking over from Kim Jones, and the campaign gained significant attention with football star Kyliangrou Mbappé as its ambassador. On the other hand, Saint Laurent made a notable return, kicking off the event on June 24 under the artistic direction of Anthony Vaccarello. Later that same day, Pharrell Williams unveiled the Louis Vuitton collection in a striking show set at the forecourt of the Centre Pompidou. The week closed with Simon Porte Jacquemus presenting his “Le Paysan” collection at the Orangerie du Château de Versailles, revisiting a venue that had hosted his previous “Le Chouchou” show in 2023. 

The week also showcased fresh creative energy, with designers like Julian Klausner presenting their debut collections for established houses such as Dries Van Noten. Avant-garde and emerging brands from around the world, including the Indian label Kartik Research, Camiel Fortgens, Camperlab, and P. Andrade, brought a dynamic and experimental spirit to the event. 

Beyond the runway shows, Paris Men’s Fashion Week offered a rich program of cultural exhibitions and events. Visitors could explore the “Balenciaga by Demna” retrospective at the Kering group headquarters, which traced the designer’s decade-long impact on the house. The Palais Galliera hosted an extensive Rick Owens retrospective, while Swedish brand Acne Studio opened its first gallery, “Acne Paper,” at the Palais Royal. Additionally, the “Miu Miu Summer Reads” program paid tribute to women with curated readings at the Bibliothèque Nationale de France. 

Amid a shifting fashion landscape, several key factors underscored Paris Men’s Fashion Week’s standout role this season: 

  • The event took place amid economic challenges and significant changes in the fashion world, highlighting the resilience and creativity of the industry. 
  • London canceled its men’s fashion week. 
  • Milan presented a reduced schedule for men’s fashion. 
  • Paris solidified its position as the premier destination for luxury menswear. 
  • The event attracted an international audience. 
  • Paris set the tone for the future of men’s fashion. 

Paris Men’s Fashion Week SS26 has once again affirmed the city’s status as the global capital of fashion, showcasing its cultural influence and economic power, highlighting its significant contribution to the city’s luxury ecosystem. Paris remains the heartbeat of men’s luxury fashion, driving creativity and excellence into the years ahead. 

Stay up to date on the latest luxury industry news: https://worldluxurychamber.com/insights-news/  

SOURCES: LUXURY TRIBUNE

MAISON Bahamas Joins WLCC, Strengthening Global Luxury Real Estate Leadership

The World Luxury Chamber of Commerce (WLCC) proudly announces the induction of MAISON Bahamas into its respected global network. This exclusive membership solidifies MAISON Bahamas’ position as a premier leader in high-end real estate and underscores its global reach within the luxury sector.

Founded in 2022, the firm has swiftly established itself as the top luxury real estate brokerage in The Bahamas, offering unparalleled service, global marketing reach, and elite property expertise. As an exclusive affiliate of Forbes Global Properties, the firm connects discerning buyers and sellers with extraordinary real estate opportunities across 27 countries, supported by a network of over 17,000 luxury property experts. In 2023 alone, the firm contributed to over $90 billion in luxury property sales, setting a new standard for performance and prestige.

“We are honored to welcome MAISON Bahamas to the World Luxury Chamber of Commerce,” said Alexander Chetchikov, President of WLCC. “Their passion for excellence, personalized client service, and global vision align perfectly with our mission to unite and elevate the world’s top luxury brands. MAISON Bahamas is a valuable addition to our international network and a shining example of innovation in the real estate industry.”

Joining WLCC offers MAISON Bahamas unique strategic advantages, including access to global promotional platforms, elite networking opportunities, and cutting-edge insights into luxury consumer trends. As part of this elite consortium, the firm will benefit from collaborative initiatives that foster innovation and elevate the standard of luxury worldwide.

The inclusion of MAISON Bahamas in WLCC also strengthens the Chamber’s footprint in the Caribbean, reinforcing its commitment to supporting emerging luxury hubs around the world. With its deep knowledge of the Bahamian market, commitment to client satisfaction, and visionary leadership under CEO Ryan Knowles and EVP Indira Thompson, MAISON Bahamas exemplifies the caliber of brand that drives the future of luxury.

“At MAISON | Forbes Global Properties, we believe in redefining the real estate experience for today’s sophisticated clientele,” said Knowles. “Being recognized by WLCC not only validates our mission but also opens exciting new doors for collaboration and global growth.”

As the leading real estate brokerage in The Bahamas, MAISON Bahamas’ membership with the World Luxury Chamber of Commerce further enhances its capacity to serve elite clientele while shaping the global conversation around luxury living and investment.

For more information, visit www.maisonbahamas.com.

Luxury Without Borders: Ilona Orbok on Global Growth, Regulation & The Power of Storytelling

In an era where legacy no longer guarantees dominance, and where digital disruption challenges centuries-old luxury traditions, few voices resonate with as much authority and insight as Ilona Orbok. Recognized by Forbes as a leading global expert in luxury, Ilona wears many hats: she’s the CEO and founder of the ICL brand, the face behind Ilona Calls Luxury on YouTube, a seasoned partner at a major international consultancy, and a familiar face to viewers of RTL’s Shark Tank. With academic roots in the elite programs of SDA Bocconi and ESSEC, her influence spans boardrooms, media screens, and international stages.

In this exclusive conversation, WLCC President Alexander Chetchikov sits down with Ilona to explore what’s driving transformation in the luxury sector—from global expansion pitfalls to regulatory pressure, from rising Startup culture to the power of storytelling in the digital age.

Alexander Chetchikov: You’re one of the few experts navigating both luxury and tax strategy at a global level. What do luxury businesses often get wrong when it comes to international expansion?

IO: As luxury brands expand internationally, they encounter a wide array of challenges: Cultural, operational, strategic, and reputational. One of the core complexities lies in the fact that luxury is not a universally defined concept. Regional preferences can differ dramatically: in markets like Japan, consumers tend to favor understated elegance, while others respond more positively to bold, conspicuous branding.

Another significant hurdle is the lack of preparedness for weak intellectual property enforcement and widespread counterfeiting in certain emerging markets. Brands must also prioritize local adaptation, tailoring products and experiences to suit distinct cultural tastes and consumer behaviors.

Economic and political risks vary across borders, requiring constant vigilance. Regulatory differences (Including import duties, taxes, and market restrictions) can significantly impact operations. A well-calibrated pricing strategy is essential to maintain brand integrity while remaining competitive.

In today’s volatile geopolitical climate, brands must navigate increasing trade barriers, shifting tax regimes, and mounting regulatory scrutiny, all of which can complicate market entry and growth. Finally, sourcing and retaining highly skilled local talent remains a persistent challenge, yet it is crucial for sustaining brand excellence and delivering authentic customer experiences.

AC: The luxury sector has seen a boom in entrepreneurial entrants. What kind of founders or ideas catch your attention as an investor?

IO: There have never been so many startups in the luxury market as there are now. Traditionally, the industry has been dominated by heritage and legacy luxury brands, often with a rich history dating back more than a hundred years. For a newcomer, it was virtually impossible to break into this elite circle. But the status quo has transformed significantly, resulting in a boom with luxury brands entering the market as startups. The market has become more flexible, more open to innovation, and we are seeing the rise of an increasing number of successful new luxury brands.

As an investor, I absolutely experience this market shift as I receive numerous inquiries from entrepreneurs regarding the launch of a new luxury product, service or brand.

I usually seek a clear and authentic narrative, often rooted in the founder’s vision or in the brand’s cultural identity. Storytelling, too, plays a vital role. Furthermore, in my view, a strong social media presence is essential for any new idea. Without it, launching a new brand is almost impossible today.

AC: How is the current regulatory environment reshaping how luxury brands think about risk and structure?

IO:  The regulatory environment for luxury brands is both complex and constantly evolving, posing not only significant challenges but also strategic opportunities. Regulation acts as both a constraint and a catalyst for transformation across the industry.

Luxury houses operate within a multifaceted legal framework encompassing ESG standards, data privacy laws, and anti-counterfeiting measures. This compels them to invest heavily in compliance infrastructure, legal audits, and skilled regulatory teams. In certain jurisdictions, brands are required to form joint ventures or adopt franchise models to gain market access. Meanwhile, in regions where intellectual property protection is weak, the risks to both brand reputation and revenue can be substantial.

The European Union stands out for its strict regulatory environment, with frameworks such as the GDPR, anti-greenwashing directives, and mandatory ESG reporting. While conglomerates can centralize compliance functions and absorb the cost, independent and emerging luxury brands face disproportionately higher per-unit compliance expenses.

A new and pressing development is the implementation of the OECD’s BEPS 2.0 framework, particularly the Second Pillar, introducing a global minimum corporate tax. This initiative seeks to harmonize the tax obligations of large multinationals and will have significant implications for the tax strategies of globally operating luxury brands.

In this shifting landscape, luxury brands must design corporate structures that are resilient to regulatory shocks, transparent for compliance, and agile enough to leverage new regulatory openings. Those who succeed will not only protect their brand equity but also position themselves as leaders in a more responsible and sustainable luxury economy.

AC: What did your time on Shark Tank teach you about market-readiness in luxury-focused startups?

IO: As an investor on RTL TV’s Shark Tank business reality show, I have been seeing several promising ventures across various industries. There are fewer luxury startups on Shark Tank in the strict sense of the word, but if we define this in terms of high quality and strong brand positioning, there were a few that I was able to invest in, mostly in the food and beauty sectors.

One of the greatest values of Shark Tank is its educational nature. We push founders to think about market-readiness in real terms: valuation, customer demand, scalability, and emotional detachment from the product. That kind of exposure is invaluable for early-stage brands; it accelerates their learning curve.

Naturally, I always weighed the market potential and return on investment. Since these were financial rather than professional investments for me, having a clear exit strategy and a relatively quick return was crucial. So far, none of these investments have disappointed.

AC: You studied at SDA Bocconi and ESSEC – two of the most prestigious institutions in luxury education. What perspectives did they give you that you still apply today?

IO: One of the most important lessons I learned at SDA Bocconi Milan and ESSEC Paris is that quality, originality, and exclusivity are non-negotiable pillars of luxury. These programs helped me develop a holistic, global perspective. I also came to understand the importance of storytelling and that brand valuation in this industry follows entirely different rules compared to other sectors. Luxury brands can command the highest EBITDA multiples, up to 50 times EBITDA in some cases.

Today, I aim to share the knowledge and experience I gained through these programs, and through my work, in a more entertaining format on my YouTube channel, too.

AC: Can you share a specific tax or financial insight that every luxury brand scaling internationally should know right now?

IO: To cut a long story short, luxury brands scaling globally must be aware of the pricing of intra-group transactions, the so-called transfer pricing principles.  This area is under intense scrutiny; therefore, brands need to have a proactive, well-documented transfer pricing policy.

According to the OECD BEPS 2.0, intangible assets like “brand equity” must be substantiated with economic substance. The profit splits based on actual value creation across the group, especially in the case of digital and storytelling functions, are distributed. Luxury brands with high marketing spend in-market must balance where brand value is being created. As this industry generally operates with very high profit margins, profit distribution across jurisdictions can be challenging to comply with international and local regulations.

AC: Recently, you launched your own YouTube channel, Ilona Calls Luxury.
What inspired you to step into this format, and what are you hoping to communicate to your audience through this platform?

IO: In my opinion, social media presence is crucial for luxury brands, especially in today’s digital world. Social media is no longer optional. Some of the most successful new players are built entirely on it.

I have always preferred out-of-the-box thinking. My core focus is on the economics of the luxury industry, a niche area that surprisingly few experts specialize in. I combined this interest with the storytelling culture so central to luxury and launched my Ilona Calls Luxury YouTube channel two months ago.

Though still very new, the channel experiences high interest globally, as it has already reached around 3 million people. This early traction is incredibly encouraging. To me, it proves that there is a genuine gap in the market and a real demand for a quality type of luxury storytelling and how value has been created, one I am more than happy to meet.

My main goal with these YouTube videos is to educate the audience and introduce a different kind of storytelling. I believe that the luxury industry needs this kind of aspect, especially today of uncertainty and economic turbulence. Customers want to understand the core value and history of each brand, or the trends in the luxury industry. However, these videos are also entertaining for those who are just interested in luxury, business concepts, mysteries, and stories.

Closing Words:
Ilona Orbok represents a rare blend of financial acumen, strategic foresight, and deep cultural intuition—qualities that are reshaping the luxury industry in real time. As the boundaries of luxury continue to evolve, guided by innovation, regulation, and storytelling, leaders like Ilona are not just interpreting the future; they’re actively building it.

Stay tuned to Ilona Calls Luxury for more insights!

YouTube: https://www.youtube.com/@IlonaCallsLuxury

LinkedIn: https://www.linkedin.com/in/ilona-orbok-89a36829/

Website (ICL): Home – Ilona Calls Luxury

Reimagining Indian Luxury: Crafting a Global Identity Rooted in Heritage, Sustainability, and Craftsmanship

By Abhay Gupta — Founder & CEO, Luxury Connect LLP | Top 100 Global Voices in Luxury

The Need for an Indian Luxury Identity

The global luxury industry has long been dominated by Western Maisons— brands that have mastered the art of storytelling, craftsmanship, and exclusivity. While India has always been a cradle of luxury, offering exquisite textiles, jewelry, architecture, and artisanal mastery, it has lacked a unified identity that resonates globally. This whitepaper explores how India can redefine luxury by embracing its deep-rooted heritage, sustainability, and craftsmanship, creating an Indian-rooted equivalent to the Western ‘Maison’.

Historical Context: India’s Legacy of Sustainable Luxury

Before industrialization and colonial economic shifts, India was the epicenter of global luxury trade. The country exported fine muslins, intricate brocades, handcrafted jewelry, and artistic home décor to royal courts across Europe, the Middle East, and Asia. The Indian luxury model was inherently sustainable based on decentralized production, generational craftsmanship, and eco-friendly materials.

  • Textile Mastery: Muslin from Bengal, Banarasi silk, Pashmina from Kashmir
  • Jewelry & Gemstones: Jaipur’s gemstone expertise, temple jewelry traditions
  • Luxury Architecture & Interiors: Havelis, palaces, and hand-carved furniture
  • Perfumes & Incense: Attars of Kannauj, sandalwood-based fragrances

Unlike the mechanized luxury production of the West, India’s luxury was rooted in slow craftsmanship, making it more personal and exclusive.

The Western Maison vs. The Indian Luxury Model

In the West, the term Maison denotes a luxury house with in-house craftsmanship and creative mastery. However, in India, luxury brands have largely been positioned as ‘brands’ rather than heritage-driven houses of excellence. This distinction has prevented Indian luxury from being perceived as par with its Western counterparts.

Why India Needs Its Nomenclature:

  • Maison implies industrial precision; India’s model is artisanal mastery.
  • Indian luxury is community-driven, unlike the designer-led Western model.
  • An Indian-rooted term could differentiate homegrown brands in global markets.

Possible alternatives to Maison that reflect Indian heritage could include:

  • Shilp Griha (House of Craftsmanship)
  • Ratnaalaya (Abode of Precious Creations)
  • Aarohana (Ascent to Excellence)
  • Kalaadhishthana (Sanctuary of Art)

Sustainability & Craftsmanship as Luxury Pillars

With sustainability becoming a central theme in luxury, India is uniquely positioned to lead this transformation. Unlike fast luxury, Indian craftsmanship has always been rooted in natural dyes, organic textiles, handloom weaving, and waste-free production.

Key Differentiators of Indian Sustainable Luxury:

  • Handcrafted over mass-produced: Every piece tells a story.
  • Natural, biodegradable materials: Silk, cotton, jute, and gemstone embellishments.
  • Fair trade and ethical labor: Empowering artisans, not factories.
  • Cultural sustainability: Reviving dying crafts like Pichwai painting, Bidriware, and Chikankari.

Beyond Fashion: Expanding the Scope of Indian Luxury

While fashion remains a core pillar, true Indian luxury extends beyond textiles. Brands must embrace a holistic ecosystem to create an entire luxury lifestyle offering.

Jewelry & Watches

  • Promoting India’s unparalleled expertise in goldsmithing, minakari, and gemstone setting.
  • Shifting from ‘commodity jewelry’ to exclusive, handcrafted heritage pieces.

Luxury Home & Decor

  • Positioning handwoven carpets, carved furniture, and Mughal-inspired architecture as premium home décor.
  • Reviving the lost art of royal interior design.

Perfumes & Well-Being

  • Re-establishing India as the world’s leading attar and Ayurvedic wellness hub.
  • Blending traditional perfumery with modern luxury branding.

Experiential Luxury

  • Promoting boutique palace stays, craft-based travel, and Ayurveda retreats.
  • Creating exclusive, invite-only cultural experiences for high-net-worth individuals.

Creating the Indian ‘Maison’ Equivalent: A Strategic Roadmap

For Indian luxury to compete on a global scale, it must create an ecosystem that mirrors the prestige of European houses while staying true to its roots.

Key Strategies:

  • Luxury Houses, Not Just Brands: Positioning high-end labels as Shilp Grihas—houses of artistic mastery.
  • Limited, Bespoke, and Heirloom-Quality Products: Moving away from mass-market appeal.
  • Artisan-Centric Branding: Elevating master artisans as ‘couturiers’ of their craft.
  • Storytelling & Provenance: Creating rich brand narratives around heritage and authenticity.
  • Global Indian Clientele Focus: Catering to NRIs, luxury tourists, and the rising Indian elite.

Case Studies: Indian Brands Leading the Way

  • Good Earth – Blending heritage with modern Indian luxury lifestyle.
  • Sabyasachi – Elevating Indian couture to global luxury status.
  • Jaipur Watch Company – India’s first heritage-oriented luxury watch brand.
  • Bangalore Watch Company – A homegrown luxury watch brand merging Indian narratives with Swiss precision.
  • Amrapali Jewels – Reviving Indian heritage jewelry craftsmanship with a global presence.
  • Taj Hotels – Synonymous with luxury hospitality, blending Indian tradition with world-class service.
  • Forest Essentials – Positioning Ayurveda as a luxury skincare experience.

The Future of Indian Luxury: The Path Ahead

As India reclaims its space in global luxury, the key to success lies in:

  • Defining a unique Indian luxury philosophy instead of imitating Western models.
  • Building an ecosystem of high-end craftsmanship-led brands that cater to both Indian and international clientele.
  • Educating the market on why ‘Made in India’ luxury is an unparalleled value proposition.

Conclusion: India’s Moment in Luxury

Indian luxury has all the ingredients to emerge as a powerful global force. By redefining its positioning, embracing its heritage, and crafting an identity that is both sustainable and exclusive, India can create a new paradigm of luxury that stands alongside the world’s greatest Maison’s—on its own terms.


This whitepaper serves as a blueprint for India’s luxury sector to evolve beyond ‘brands’ into true houses of excellence.

Abhay Gupta is the Founder & CEO of Luxury Connect LLP and LCBS. Named among the World’s Top 100 Voices in Luxury, he writes at the intersection of culture, commerce, and conscience.

Disclaimer: The views expressed in this article are those of the author and do not necessarily reflect the official stance of the World Luxury Chamber of Commerce, its affiliates, or any brands/entities mentioned.

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