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Luxury Library Book Review: Secrets of Top Luxury Agents by Michael LaFido

Author: Michael LaFido
Publication Date: 2024
Amazon Rating: 4.5

The WLCC Luxury Library serves as an invaluable resource for luxury professionals and enthusiasts, offering a curated collection of insights, trends, and knowledge in the luxury sector. This library is designed to empower members of the World Luxury Chamber of Commerce with the latest information on branding, marketing, and consumer behavior in the high-end market. By fostering a community of learning and collaboration, the Luxury Library aims to elevate standards and innovation within the luxury industry.

In Secrets of Top Luxury Agents, Michael LaFido pulls back the velvet curtain on what it really takes to thrive in the ultra-competitive world of high-end real estate. Drawing from his extensive experience as a luxury home marketing specialist and coach, LaFido compiles interviews and insights from top-producing agents across the country. This book is part motivation, part how-to guide, and part behind-the-scenes exposé of the luxury housing market.

LaFido does more than just tell stories of success—he dissects the mindset, marketing strategies, and client management skills that separate elite agents from the rest. The book is structured in digestible chapters, each spotlighting a different agent or theme, including:

  • Branding and positioning yourself as a luxury expert
  • Building and leveraging social proof
  • Nurturing high-net-worth relationships
  • Overcoming imposter syndrome
  • The importance of staging, storytelling, and strategic marketing

One of the most valuable aspects is the real-world advice from top agents, who share unfiltered anecdotes about their early struggles, breakthrough moments, and unique strategies. These interviews serve as case studies, giving readers practical takeaways grounded in experience, not theory.

Key Insights

  1. Luxury is a mindset, not a price point – Success starts by upgrading your perception of value and confidence in your worth.
  2. Details matter more than ever – From typography in your marketing to the scent of a staged home, everything influences perception.
  3. Positioning beats prospecting – You attract more quality leads by being perceived as the authority, not just by chasing deals.
  4. Consistency compounds – Luxury real estate is a long game built on brand equity and reputation, not quick wins.
  5. Leverage your uniqueness – The best agents don’t copy others; they identify and amplify their unique brand and voice.

Secrets of Top Luxury Agents is more than a playbook—it’s a mindset shift. Michael LaFido gives readers the tools and, more importantly, the belief system needed to break into or level up within the luxury niche. Whether you’re a new agent aspiring to go high-end or a seasoned pro stuck at a plateau, this book delivers both inspiration and tangible strategy.

LaFido’s clear passion for elevating the real estate profession—and helping others succeed—is evident on every page. And while luxury real estate might seem exclusive, this book makes the path feel attainable with the right focus and consistency.

Get the book on Amazon today. To learn more about The Luxury Library, view the 21 must-read books.

Exclusive Insight: Nick Gibbens Talks Luxury Trends, Digital Evolution & Editorial Integrity

In this exclusive conversation, Alexander Chetchikov, President of the World Luxury Chamber of Commerce, sits down with Nick Gibbens, the visionary Editor-in-Chief of Luxury Lifestyle Magazine. Known for his editorial precision and digital-first approach, Gibbens has redefined how luxury is portrayed in modern media—balancing innovation with tradition and storytelling with sustainability. Together, they explore the evolving nature of luxury, the role of responsible content creation, and what it truly means to connect with the world’s most discerning readers.

Alexander Chetchikov: Nick, as the Editor In Chief of Luxury Lifestyle Magazine, you’ve built a reputation for focusing on quality over quantity. How do you ensure that the magazine consistently delivers the refined, high-end content that your affluent audience craves?

Nick Gibbens: This is certainly a constant challenge and something that we are always striving to improve on. We try and use the best possible writers available and only accept freelance pitches that really have that ‘wow’ factor. Working with the top PR companies gives us access to the very best brands and talent, and we can work with them directly to develop unique and interesting angles.

We also like to work with our readership to keep on top of what they like to read as well as the topics they are not so keen on. Our extensive email database is a great tool for conducting this type of research. We also work very closely with the website data that is available to us via Google Analytics.

SEO tools such as Ahrefs allow us to analyse search trends and the keywords people are searching for, and we have started to use AI to research the competition and generate ideas for compelling content.

Finally, staying on top of industry trends and networking with professionals in our luxury sphere is something that we value greatly and is often undervalued.

AC: Luxury Lifestyle Magazine champions a forward-thinking and progressive approach to the luxury industry. Can you share some examples of how this mindset influences your editorial choices?

NG: We like to highlight the world’s best emerging luxury brands, ideally those that are yet to really be discovered and have a unique story to tell. We certainly favour those that take sustainability seriously as we strongly believe the luxury sector has a big role to play in the protection of the environment.

Championing the best British brands is also something we love doing here at LLM as we feel our readership should be buying as locally as possible and, in the process, reducing the amount of air miles and supporting local economies. We also take great pride in promoting brands that take social issues seriously and help to give back to their local communities.

AC: The luxury industry is often associated with exclusivity and tradition, but at LLM, there’s a strong emphasis on emerging brands and experimental approaches. What do you see as the future of luxury, and how do you balance tradition with innovation in your coverage?

NG: The luxury sector is undoubtedly at a crossroads. Consumer preferences are shifting quickly, and traditional notions of exclusivity are certainly being challenged. Luxury is no longer just about premium products with hefty price tags; it is now more about creating meaningful, immersive experiences that integrate cleverly into every aspect of consumers’ lives. It’s no longer just about what you wear or even drive; it’s about how every facet of life can reflect a luxury ethos, from the car you admire to a bathroom vanity inspired by its design.

As a digital brand ourselves, we have had to overcome the snobbery that only print ‘should be covering luxury.’ Our overall objective has been to create that high-quality coffee table magazine feel but using digital technology to deliver the experience. It’s where the future is, and we have spent our resources into making sure our product provides the best digital experience.

Traditional luxury brands have had to transition and cater to an online audience and, in the process, have had to improve their digital marketing and PR. We have helped them tell their story to an affluent digital audience seeking the finest products and experiences money can buy.

AC: Sustainability and responsible luxury have become increasingly important. How does LLM evaluate and feature brands that prioritize eco-friendly and socially responsible practices without compromising on the luxury experience?

NG: This is a very important question as ‘greenwashing’ is becoming increasingly common and something we take very seriously. The simple answer is lots of research into the brand (website, social media channels, and online reviews are a good starting point) and asking the right questions.

AC: With luxury brands becoming more experimental, how do you curate content that still resonates with the high-net-worth individuals who value refinement and heritage?

NG: Yes, creating content that resonates well with high-net-worth individuals requires a deep understanding of their unique desires, motivations, and behaviors. These affluent readers are demanding more than just high-end products in slick packaging – they now seek personalised experiences, exclusivity, and brands that resonate with their personal values and lifestyles. They are drawn to experiences, storytelling, and products that represent craftsmanship, heritage, and, increasingly, social impact. Our challenge is to offer them unique content that they have not consumed previously and demonstrate how experimentation can run alongside refinement and heritage. It’s a tricky balance to get right and is constantly evolving. The key is keeping on top of trends, communicating directly with HNWIs through social media, email, and focus groups.

AC: As an editor, you play a significant role in shaping the magazine’s voice. What has been the most rewarding aspect of curating the editorial direction for LLM, especially as it relates to connecting your readers with new and exciting luxury brands?

NG: I think this would be shining the spotlight on previously undiscovered luxury brands and businesses. These are usually artisan and family-run, so they have a real heart and soul. It just means more.

AC: Finally, what advice would you give to up-and-coming writers or editors who aspire to work within the luxury publishing industry and make an impact, as you have at Luxury Lifestyle Magazine?

NG: You don’t need an NCTJ qualification to become a journalist, but it can be very helpful, and I would certainly recommend it if possible. I can’t stress enough how important work experience is, and I would strongly advise anyone looking to get into journalism to approach media companies to see what opportunities they offer on this front. We have helped 50-plus aspiring writers since our launch in 2015. I would also suggest the following: create your own website, build your portfolio, read as much as possible, network and attend events, and develop and nurture PR contacts. It’s a very competitive industry, and getting that big break is difficult but not impossible if you put the time and effort in.

As luxury continues to evolve beyond material possessions into experiences, values, and storytelling, Nick Gibbens remains at the forefront—bridging heritage with innovation and championing authenticity above all else. His passion for quality journalism and dedication to spotlighting meaningful luxury narratives make him a true curator of the refined lifestyle.

We thank Nick for his time and insights and look forward to watching Luxury Lifestyle Magazine continue to shape the future of luxury media.

Stay Ahead in the Luxury Industry – Join the World Luxury Chamber of Commerce and Subscribe to Our Exclusive Newsletter for Insights, Networking Opportunities, and Access to Industry Leaders.

Exclusive Interview: Neen James on Luxury Leadership & The Art of Exceptional Experiences

In this exclusive interview, Alexander Chetchikov, President of the World Luxury Chamber of Commerce, sits down with Neen James, a globally recognized leadership strategist and luxury expert. Renowned for her work with some of the world’s most influential executives, Neen has redefined leadership by applying the principles of luxury—attention, personalization, and deep human connection. With her upcoming book, Exceptional Experiences: Five Luxury Levers to Elevate Every Aspect of Your Business, set to revolutionize how leaders approach client relationships, she shares her insights on why luxury is more than just exclusivity—it’s about creating transformational experiences.

Alexander Chetchikov: Neen, your work as a leadership strategist and luxury expert is inspiring. How do you define luxury in today’s business landscape, and how does it intersect with leadership and executive success?

Neen James: Luxury is about experiences—it’s fundamentally about attention and human connection. It’s how you make people feel seen, heard, and valued in every interaction.

The most successful leaders adopt what I call a “concierge mindset” rather than a “bellhop mindset.” A bellhop prioritizes efficiency, while a concierge focuses on deepening relationships. This distinction transforms transactional client relationships into transformational ones.

Our proprietary research study into the luxury mindset revealed that luxury transcends industry. By applying principles of personalization, exclusivity, and exceptional attention, leaders elevate their impact and create meaningful connections that drive business success.

Alexander Chetchikov: Your upcoming book, Exceptional Experiences: Five Luxury Levers to Elevate Every Aspect of Your Business, explores strategies to enhance leadership and sales through luxury principles. Can you share a sneak peek into these luxury levers and how they can transform executive performance?

Neen James: My Experience Elevation Model™ features five luxury levers that systematically transform client relationships. These levers increase mind share and market share for brands by staying top of mind and driving revenue.

Entice—captivating attention through compelling storytelling, answering the question: “Why should I pay attention to you?”

Invite—demonstrating your experience through sophisticated communication that creates a sense of belonging, addressing: “How do I get access to that special level?”

Excite—creating share-worthy experiences engaging all five senses, prompting clients to wonder: “What else will they do?”

Delight—anticipating needs clients didn’t even know they had, making them ask: “How did they know what I needed?”

Ignite—transforming satisfied clients into passionate advocates who naturally ask: “Who else can I tell about my experience?”

Alexander Chetchikov: In a rapidly evolving market, what key strategies must executives adopt to lead with impact while maintaining the exclusivity and prestige associated with luxury brands?

Neen James: Today’s luxury leadership requires balancing seeming contradictions—embracing innovation while honoring heritage, leveraging technology while preserving human connection.

Leaders must implement systematized thoughtfulness—intentionally build processes ensuring consistent, personalized attention at scale.

Leaders need to “listen with your eyes”—pay full attention, notice what isn’t being said, and understand our clients on a deeper level. In luxury, anticipating what clients don’t even know they need, separates good from exceptional.

Becoming fluent in speaking the “luxury language” clients need to hear to attract different luxury mindsets. In our proprietary research study, we found there are four luxury mindsets: reluctant and removed, pro-prioritizer, confident and content and luxury lover. Whether connecting with a “luxury lover” who believes everyone deserves luxury or a “pro prioritizer” who uses luxury to enhance their career, speaking their luxury language creates instant rapport, helps accelerate the sales process, and builds brand advocates.

Mastering creating “champagne moments”—transforming everyday interactions into extraordinary memories through thoughtful details and personalized touches.

Exclusivity today doesn’t mean being unavailable—it means creating personalized experiences that couldn’t be replicated for everyone.

Alexander Chetchikov: You’ve worked with some of the most influential leaders in the world. What defining traits set apart exceptional executives when it comes to leading in high-stakes luxury industries?

Neen James: Working with leaders across luxury travel, hospitality, financial services, and real estate, I’ve noticed distinctive traits that set exceptional executives apart and make them remarkable.

Clear vision – they see possibilities where others see limitations. In my keynotes, I share the story and heritage of Veuve Clicquot. Madam Clicquot was an inspiring leader who revolutionized champagne by inventing the riddling process, a process still used today; great leaders transform industries through their refusal to accept the status quo.

Confidence – the most influential luxury leaders possess what I call “contagious confidence” – that magnetic quality that inspires absolute trust and elevates everyone around them. Their teams naturally mirror this confidence in client interactions.

Curiosity – leaders that approach relationships with profound curiosity, asking thoughtful questions and listening with intention.

Communication – exceptional communication skills, articulating vision with clarity across all platforms – from boardroom presentations to handwritten notes. They have a commanding presence and leverage sophisticated storytelling and authentic delivery to create memorable moments in any setting, making the complex appear effortless while maintaining their distinctive luxury voice.

Alexander Chetchikov: Leadership and luxury are both evolving at an unprecedented pace. What major shifts do you foresee in these sectors over the next 5-10 years, and how should leaders prepare to stay ahead?

Neen James: The luxury landscape is transforming dramatically, with several key shifts that savvy leaders must navigate. We’re witnessing a beautiful evolution from pure exclusivity toward thoughtful inclusivity—luxury will maintain its exceptional quality while expanding beyond price point to experiences that make more people feel valued.

Simultaneously, integrating high-tech and high-touch approaches will reach new sophistication, with AI handling routine interactions while human talent delivers deeper personalization. Sustainability has become non-negotiable as luxury clients demand environmental responsibility without compromising quality, creating opportunities in the emerging circular luxury economy.

As digital experiences become ubiquitous, we’ll see a renewed appreciation for craftsmanship, storytelling, and authenticity. The narrative behind products—their heritage and creators—will become even more vital. This connects to another significant shift: Luxury is becoming even more experiential rather than possession-focused, with products valued for the memories and feelings they create. You’ve heard me say that luxury is about experiences, not things.

The leaders who thrive will cultivate a luxury mindset—the ability to envision bold futures while implementing pragmatic steps toward them. This requires continuous learning, diverse perspectives, and carving out space for strategic thinking amidst daily operations. The future belongs to those who honor tradition while fearlessly embracing innovation.

Alexander Chetchikov: Your expertise in keynote speaking empowers executives to refine their leadership strategies through luxury, sales, and influence. What is the most impactful mindset shift leaders need to make to create exceptional experiences within their organizations?

Neen James: Exceptional leaders understand they must move from transactional to transformational experiences for their clients and team to increase mind share (be top of mind) and market share (to drive revenue).

We can’t just capture the attention of clients and demonstrate our expertise; we must anticipate needs our clients didn’t even know they had, delight them with our products and services, and then ignite them to become advocates for our brand.

Leaders must stop thinking like bellhops and start thinking like concierges.

Bellhops are essential, focusing on efficiency and transactions—moving you through the hotel quickly. In business, this translates to prioritizing metrics and short-term results.

A concierge is vital and focuses on relationships and long-term satisfaction. They don’t just solve immediate needs—they anticipate future desires. They don’t just know your name—they remember your preferences.

When leaders adopt a concierge mindset, they stop asking, “How can I close this deal quickly?” and start asking, “How can I build a relationship that creates an advocate for life?” They transform from managing transactions to curating transformations.

This shift doesn’t require massive budgets—it requires intentionality, upskilling teams to listen deeply, and creating space for personalization and customization within standardized processes.

Luxury isn’t what you sell; it’s how you make people feel. When leaders embrace this truth, they create organizations that don’t just satisfy clients—they delight them.

Alexander Chetchikov: Finally, as a board member, which World Luxury Chamber of Commerce initiatives are you most excited about?

Neen James: I’m energized by three WLCC initiatives:

The Luxury Library builds an invaluable repository of wisdom, preserving our industry’s heritage while inspiring innovation. I’m passionate about contributing research findings from my luxury mindset studies to this growing resource. I am even more excited for our members to read my new book, Exceptional Experiences: Five Luxury Levers to Elevate Every Aspect of Your Business, in October!

The Luxury Education Hub aligns perfectly with my passion for elevating luxury leadership through transformational learning. I’m excited about developing and delivering executive programs and webinars to help our members understand the psychological dimensions of exceptional experiences—creating moments that build lasting loyalty.

The Luxury People Magazine provides a beautiful showcase for the human stories behind luxury brands. I love how it facilitates cross-industry pollination—a hotelier finding inspiration from a jewelry designer’s approach to personalization, for example.

Together, these initiatives elevate our entire luxury ecosystem by fostering collaboration and the cross-pollination of ideas. That’s something worth raising a glass of champagne to—and you know how I feel about creating champagne moments!

Thank you, Neen!

As this conversation with Neen James comes to a close, one thing is clear: Luxury leadership is evolving, and those who master the art of personalized, transformational experiences will define the future of the industry. From her proprietary research on the luxury mindset to her five luxury levers, Neen offers a powerful roadmap for executives who want to elevate their leadership, deepen client relationships, and drive long-term success. With her contributions to the World Luxury Chamber of Commerce and the upcoming launch of her book, Neen continues to shape the landscape of luxury and leadership. As she so eloquently puts it, “Luxury isn’t what you sell; it’s how you make people feel”—a philosophy that will undoubtedly inspire leaders for years to come.

Follow Neen on LinkedIn here & stay up to date one the latest in luxury, here: https://worldluxurychamber.com/category/expert-articles-interviews/

Source & Copyright: https://neenjames.com/

Exclusive Interview: The Art of Hospitality with Laurent Delporte – A Vision for Luxury’s Future

In this exclusive interview, Laurent Delporte, a seasoned expert in luxury hospitality, shares his profound insights on refining strategic visions for high-net-worth individuals and corporations. With years of experience visiting and advising some of the world’s most prestigious hotels, Laurent delves into the essence of hospitality, the future of innovation in the sector, and the role of emotional intelligence in guest experiences. Led by Alexander Chetchikov, President of the World Luxury Chamber of Commerce, this conversation offers a deep dive into the evolving landscape of luxury hospitality, the balance between technology and human touch, and the importance of leadership in shaping exceptional service.

Alexander Chetchikov: Laurent, with your vast experience in luxury hospitality, how do you approach advising brands on refining their strategic vision to appeal to high-net-worth individuals and corporations?

Laurent Delporte: In the luxury hospitality industry, the fundamental element that makes all the difference is hospitality itself. It goes beyond flawless service; it is, above all, about human relationships. And this relationship with others begins with an authentic relationship with oneself. That’s why, when I help brands refine their strategic vision, my approach starts with introspection: understanding oneself to better welcome others.

Hospitality is a core strategy that works in two ways. On one hand, it is essential for attracting and retaining clients by offering them an experience that exceeds their expectations. Wealthy individuals and businesses are looking for more than just high-end service; they seek a privileged relationship with the brand, a sincere connection that builds trust and loyalty. Attention to detail and service personalization are key levers in this process. It is these small gestures, subtle yet sincere, that transform a simple stay into a memorable experience.

However, to deliver such high-quality hospitality to clients, a company must first ensure it welcomes its own employees well. This is a crucial challenge today: a well-integrated, valued, and fulfilled employee will naturally be more inclined to provide an outstanding customer experience. It’s not just about working conditions but also about the overall atmosphere and energy. Creating an environment where teams feel good, proud to be part of the company, and motivated to convey this passion and excellence to clients is essential. Hospitality must be lived internally before it can be genuinely extended externally.

Finally, to truly welcome others, one must first learn to welcome oneself. This involves developing leadership and setting an example. A manager or executive must embody hospitality values, live by them daily, and pass them on to their teams. A great leader is someone who inspires, gives meaning to the work, and fosters a climate of trust where each employee can express themselves and thrive. This is how brands align the client experience with their luxury positioning and create a true competitive advantage in the market.

AC: Having visited over 400 luxury hotels worldwide, how do these experiences shape your approach to innovation and marketing strategies for luxury hotel brands?

LD: Having visited more than 400 luxury hotels around the world, I have observed what truly sets an exceptional experience apart from a merely high-end stay. Each hotel, each brand, and each destination tells a unique story through its design, service, and approach to hospitality. These experiences have profoundly shaped my vision of innovation and marketing strategies in the luxury hospitality sector.

One of the key lessons I’ve learned is that innovation is not just about technology or design—it is, above all, about creating a strong emotional connection with the guest. The most memorable establishments are those that anticipate expectations, surprise their guests, and cultivate a sense of belonging. I integrate this perspective by helping brands design immersive and unforgettable experiences, where every detail contributes to a cohesive identity that strengthens the hotel’s positioning.

However, what is fundamental in luxury hospitality is, above all, generous hospitality. A hotel should not count its gestures toward guests; it should be generous—generous in attitude, in the attention to every detail, and in the intent behind every interaction. This generosity is expressed through a sincere smile, thoughtful gestures throughout the stay, and a deeply humanistic approach to guest relationships. Luxury hospitality is not just about flawless service; it is about a real human connection that transforms a simple visit into an unforgettable memory.

This approach cannot exist without proper training and awareness among teams. Every employee, at every level of the hotel, must embody this spirit of generosity. The atmosphere within a property reflects how its teams interact with one another: sometimes, there is a warm, family-like ambiance; other times, it is missing. This is not just a matter of technical expertise but of mindset. A luxury hotel is a story, a place, a region, a team, and an experience. It is not merely a price point or sophisticated decor. Hospitality must be alive and present everywhere: in the restaurant, at the reception, in the spa, and in every interaction with guests.

Generous hospitality is, therefore, everyone’s responsibility. Every employee plays a key role and must be recognized for their commitment. A hotel can have the most stunning decor in the world, but without motivated and valued teams, the experience will fall flat. Recognizing and appreciating staff members is essential to creating that unique, warm, and sincere atmosphere that is then naturally passed on to guests. By integrating this vision into innovation and marketing strategies, we go beyond selling just a stay—we offer a true moment of life, an emotion, and a story that leaves a lasting impression and builds loyalty.

AC: As a consultant and speaker, what do you see as the most important emerging trends in the luxury hospitality sector that will impact both marketing and guest experiences in the near future?

LD: As a consultant and speaker in the luxury hospitality industry, I observe several emerging trends that will significantly shape both marketing strategies and guest experiences in the coming years. These transformations are deeply rooted in human connection, emotional intelligence, discretion, and immersive luxury experiences.

1. The Rise of Generous and Emotionally Intelligent Hospitality

Luxury hospitality is evolving beyond impeccable service; it is becoming deeply personal and emotionally intelligent. The ability to create a sincere, trust-based relationship with guests will be a key differentiator. Staff members must go beyond the simple “How are you?” to truly understand how guests feel—identifying emotions and responding with tailored experiences that enhance their well-being.

This shift requires a profound transformation in team training and mindset. Employees must feel confident, empowered, and emotionally balanced themselves before they can authentically engage with guests. Training in emotional intelligence will be critical, ensuring that luxury hospitality remains a deeply human experience, even as automation and AI expand in the industry.

2. The Balance Between High-Tech and High-Touch Service

Luxury hotels are embracing cutting-edge technologies—from AI-driven personalization to dynamic digital room environments that adapt to guest preferences. These advancements enhance the guest experience, offering convenience and seamless customization. However, as technology becomes more prevalent, the human element becomes even more vital.

In an increasingly automated world, luxury hospitality must reaffirm its core value: genuine human connection. The most successful brands will be those that use technology to enhance, rather than replace, human interactions, ensuring that each touchpoint remains warm, intuitive, and emotionally engaging.

3. From Experiential Luxury to Transformational Luxury

Luxury is no longer just about exclusivity or opulence; it is about meaningful, transformative experiences. Guests seek immersive moments that align with their personal values, whether through wellness retreats, cultural discoveries, or authentic regional experiences.

Well-being will no longer be confined to the spa—it will become an integral part of the entire guest journey, from sleep optimization to mindful dining experiences. The future of luxury hospitality lies in offering holistic well-being that nurtures the body, mind, and spirit.

4. The Shift Toward Discreet and Ethical Luxury

The future of luxury is moving away from the ostentatious toward refined discretion. We are already seeing the emergence of ultra-private properties, where hotels blend seamlessly into their surroundings, offering exclusive access to a select clientele without excessive branding or visibility.

This trend aligns with the growing importance of ethics in luxury hospitality. Guests are increasingly conscious of social and environmental issues, and luxury brands must integrate these values authentically into their messaging. Rather than emphasizing extravagance, the new luxury narrative will focus on meaning, sustainability, and positive impact.

5. The Reinvention of Hospitality Careers and Employee Engagement

As automation transforms traditional roles, the human touch will become an even greater luxury. Hospitality careers will evolve, requiring new skills that emphasize personalization, empathy, and storytelling.

At the same time, attracting and retaining talent will be a significant challenge. Employees are looking for purpose-driven workplaces where they feel valued and inspired. Hotels must invest in training, career development, and workplace well-being to create environments where staff can grow and thrive. A luxury hotel is not just about its design or amenities—it is about its people. If employees feel motivated and connected, their energy will naturally enhance the guest experience.

In a world increasingly shaped by AI, automation, and digital innovation, the true essence of luxury will remain deeply human. The most successful hotels will be those that master the art of balance—leveraging technology to enhance convenience while fostering genuine emotional connections between guests and staff.

Luxury hospitality will continue to evolve, but one truth remains constant: guests do not remember what was provided—they remember how they felt. The future belongs to brands that embrace generous hospitality, emotional intelligence, and meaningful experiences that create lasting memories.

AC: With your involvement in luxury hospitality education and conferences, how do you believe continuous learning and leadership development contribute to the industry’s evolution and innovation?

LD: In an unstable world, it is crucial to inspire and guide teams to develop a distinctive and meaningful hospitality approach. Through my conferences and training programs, I emphasize emotional intelligence, employee well-being, and the importance of sincere and embodied hospitality.

Continuous training plays a key role in helping professionals better manage their emotions, refine their attention to detail, and enhance their soft skills. It fosters a leadership culture where managers inspire their teams and encourage innovation. Contrary to popular belief, even top executives must keep learning to adapt to industry shifts and evolving societal expectations.

Luxury hospitality must strike a balance between tradition and innovation, incorporating trends such as digitalization, sustainability, and workplace well-being. Training also helps retain talent by providing career growth opportunities and a motivating work environment.

Investing in leadership development and continuous training ensures a hospitality experience that is excellent, generous, and constantly evolving while strengthening team engagement and enhancing customer experience.

Thank you, Laurent! Follow his journey here: https://www.linkedin.com/in/laurentdelporte/

As our discussion comes to an end, it is clear that Laurent’s vision for luxury hospitality goes far beyond aesthetics and service—it is about human connection, generosity, and meaningful experiences. From the art of welcoming both guests and employees to the future of discreet, ethical luxury, his insights shed light on how the industry must evolve to remain truly exceptional. With continuous learning, leadership development, and a commitment to genuine hospitality, the future of luxury will be defined by those who master the balance of innovation and emotional intelligence.

To gain more insights into the luxury industry, visit our expert articles and interviews: https://worldluxurychamber.com/category/expert-articles-interviews/

Obrana Group Becomes a Revered Member of The World Luxury Chamber of Commerce

The World Luxury Chamber of Commerce (WLCC) is proud to announce that Obrana Group, a distinguished leader in luxury real estate development, has been inducted as its latest valued member. This membership marks a significant milestone for Obrana Group as it joins an exclusive network of global luxury brands dedicated to excellence, innovation, and industry leadership.

WLCC is renowned for its commitment to fostering collaboration among the world’s most prestigious luxury brands, offering strategic business advantages, high-level networking, and exclusive promotional opportunities. Membership in this elite chamber is reserved for companies that exemplify the highest standards of luxury and service.

Founded in 1993 and headquartered in Lourinhã, Lisbon, Portugal, Obrana Group has built an impeccable reputation for delivering high-quality homes with a client-centric approach. Guided by the principle of “Living & investing where we build,” Obrana has created a thriving community along Portugal’s stunning Peralta Beach. The company’s deep commitment to sustainability is reflected in its joint ventures with local councils, support for community events, and funding of essential services such as COVID response centers.

Alexander Chetchikov, President of the World Luxury Chamber of Commerce, expressed his enthusiasm for Obrana Group’s inclusion, stating: “We are honored to welcome Obrana Group into WLCC. Their dedication and passion within luxury real estate align perfectly with our mission. We look forward to seeing them thrive within our global network and contribute to the continued growth of the luxury sector.”

As a WLCC member, Obrana Group will benefit from access to exclusive industry insights, top-tier networking opportunities, and global exposure that will further elevate its influence in the luxury real estate market. Moreover, this membership underscores Obrana’s commitment to enhancing luxury living experiences and fostering innovation within the industry.

Obrana Group’s induction into WLCC not only reinforces its standing as a premier luxury brand but also enhances the collective strength of the luxury industry. With a focus on excellence, community development, and sustainability, Obrana continues to redefine luxury living while contributing to the industry’s dynamic evolution.

For more information about Obrana group, visit their official website at https://www.obrana.pt/

Exclusive Interview: Susannah Chambers on Agile Mastery in Luxury and Beyond

Photographer: Paul Wolfgang Webster

In this exclusive interview, Alexander Chetchikov, President of the World Luxury Chamber of Commerce, sits down with Agile transformation expert Susannah Chambers to explore the evolving role of agility beyond tech teams and into luxury, education, and even personal life. With years of experience guiding organizations through Agile methodologies, Susannah shares her insights on how businesses can move beyond simply implementing frameworks and truly embed an Agile mindset. From leadership challenges to AI’s impact on the future of agility, this conversation uncovers how adaptability and innovation can redefine success across industries.

Alexander Chetchikov: Susannah, with your extensive experience in Agile approaches, what are some of the most effective ways to get teams truly engaged with Agile, rather than just following methodologies and frameworks superficially?

Susannah Chambers: At the heart of truly engaging teams on an Agile journey is embedding a culture and mindset organisationally in parallel with the day-to-day rhythm of the communication and collaboration of teams reflecting the spirit of the Agile Manifesto. The most effective way of achieving this – using Agile methodologies and frameworks as tools to optimize ways of working (rather than as an inflexible tick-list exercise) – is to empower teams to shape the way they do their work based on proactive mutual communication around what will delight customers. This, of course, is a particularly important dimension to using Agility in the luxury industry sector. It’s vital that teams are supported to demonstrate a strong connection and understanding of how the products and/or services being developed/created are going to bring value and a luxury experience to customers, as well as equipping teams with the skills to demonstrate this impact through key metrics.

Alexander Chetchikov: Change can be challenging—what is the most surprising or unexpected obstacle you’ve encountered while guiding a team through an Agile transformation?

SC: The most surprising obstacle I’ve encountered was in the first year of my career in agility and was the tendency for senior leaders to default to prescribing what agility meant to them/the organization without opening up the channels of communication with colleagues at all levels of the organization. There is such knowledge and expertise of how the work is done to create products and services by those at all levels of an organization, I have always been surprised where that doesn’t happen. It is a huge missed opportunity! There is a phrase in agility called ‘Go to the Gemba’, which originates from the Lean and Kaizen context in agility, and fundamentally is about understanding where the work happens and originates, speaking with and observing colleagues in those spaces, rather than making decisions based on assumptions. One of the aspects of my working with organizations and teams I love the most is bringing together and creating/optimizing communication and collaboration workflows between leadership and teams to enable a mutually continuous process of learning from each other.

Alexander Chetchikov: Agile principles can extend beyond the workplace—have you applied them in your personal life, and if so, what impact have they had?

SC: Yes, I most certainly have, and it’s been a very exciting and rewarding adventure doing so! There is a concept called Personal Kanban which is all about how one can apply the principles of agility to living one’s life. Through the coaching I provide (not just in agility) I often observe that what clients claim to value in life invariably does not often align with how they choose to spend their time. The insights I’ve generated through coaching clients have enabled me to reflect and be very self-aware of how I navigate my own life authentically, in a congruent fashion, and achieve what I want to in life, which has really amplified my personal brand! Applying agile principles and an agile mindset of continuous improvement, inspecting, and adapting has led me to explore opportunities I would never have opened myself up to – including my very unique career portfolio – unless I’d been prepared to prioritize around what matters to me in life.

Alexander Chetchikov: Agile is the go-to method for tech teams, but what about other industries? Have you seen Agile work its magic in unexpected places, and how can non-tech teams make the most of it?

SC: I got involved in the world of Agility through the unconventional – yet exhilarating – route of introducing, implementing, and embedding Agile frameworks and methodologies (and the corresponding required cultures and mindsets) in organizations that had absolutely no experience or knowledge of Agility and the business value and competitive edge it would bring them.

For example, my first 3 contexts for introducing Agile transformations were in education, construction, and eco-housing. None of those organizations had any prior experience working Agile and yet it absolutely proved possible for non-tech teams to work more productively and generate value for their organizations as a result of it. Non-tech teams are actually no less well-placed to adopt Agile ways of working than tech/software development teams, even though the origins of Agility are best known in that context. This is because there can be a tendency to focus on the tooling side of implementing agility, whereas at the heart of the most agile teams are behaviors focused on iterative improvement, reducing time to market, and delighting customers, all of which require a willingness to be customer-centric and collaborate well, with a relentless commitment to refining the quality of products and adapting to customer needs. That is a universal competitive edge to companies, whether they comprise tech and/or non-tech teams.

Alexander Chetchikov: What emerging trends or innovations do you believe will have the biggest impact on Agile’s future?

SC: Artificial Intelligence (AI) is already making a significant impact on Agile’s future and is almost inevitably going to do so in the future. However, not in the way that one might expect me to predict… it’s clear that with AI comes huge opportunities for automation of tasks and workflows. However, anybody who has ever worked in a high-performing team and experienced the ‘flow’ that emerges when a team is really aligned on delighting their customers that they care about having an amazing experience knows that the experience their customers get is not just from the timely delivery of a product or the quality of the product. Particularly in the luxury brand industry, it is about the customer experience of the entire journey end-to-end of a product or service being designed. My view is that whatever transformation AI brings for Agile’s future as long as we have human customers, and however realistic the attempted interactions through mimicking human behaviors might be (for example, with the introduction of AI coaches) I believe that human customers are going to want to feel valued by humans who create bespoke, luxury experiences for them in a way that no technological simulation is ever going to fully capture. In an agile context, technology absolutely has its place as part of exciting developments. However, so too does humanity and I am full-on anticipating to see how humanity and technology will blend in the future to supercharge the potential of agility even further.

Thank you, Susannah!

As the conversation with Susannah comes to an end, one thing is clear—Agility is more than just a methodology; it’s a mindset that can transform teams, industries, and even personal lives. From breaking down communication barriers in leadership to embracing AI without losing the human touch, Susannah’s insights offer a fresh perspective on what it truly means to be agile. As businesses continue to evolve in an era of rapid change, this expertise serves as a powerful reminder that agility isn’t just about speed—it’s about continuous learning, adaptability, and delivering value where it matters most.

To gain more insights into the luxury industry, visit our expert articles and interviews: https://worldluxurychamber.com/category/expert-articles-interviews/

Luxury’s Digital Future: Why Blockchain is the Key to Innovation – Insights From the STORM Partners Report

The luxury industry, traditionally defined by exclusivity and heritage, is undergoing a transformation driven by consumer demand for sustainability, transparency, and authenticity. Blockchain technology provides a solution by offering traceability, anti-counterfeiting measures, and digital personalization. With 72% of consumers buying more eco-friendly products and 87% seeking supply chain transparency, luxury brands must embrace innovation to stay competitive.

Below, you can find key points taken from the STORM Partners report. Take a look at the full report here.

Building Trust in Craftsmanship with Blockchain

Trust is the foundation of luxury. However, the industry faces growing challenges such as counterfeiting, which cost the fashion industry over $50 billion in 2020 and is projected to reach $81 billion by 2026. The current transparency score of the top 200 fashion brands is just 21%, signaling the need for improvement.

Blockchain enables brands to create immutable digital records for luxury products, offering customers verifiable proof of origin and authenticity. This aligns with millennials and Gen Z consumers, who drive 85% of luxury growth and will constitute 50% of the market by 2025.

Blockchain also facilitates tokenized loyalty programs, allowing customers to transact globally, mirroring their lifestyles in a digital-first world.

Blockchain as an Anti-Counterfeiting Solution

Luxury counterfeiting dominates the $4.5 trillion counterfeit trade, with 40% of sales happening online. Blockchain provides a solution by embedding unique, verifiable digital identities into products through QR codes, NFC chips, and digital ledgers.

Notable industry initiatives include:

  • Aura Blockchain Consortium (backed by LVMH, Prada, Cartier) – Enables brands to authenticate products and validate sustainability claims.
  • Scantrust and Digital Product Passports (DPPs) – Allow customers to track product history from raw materials to final purchase.
  • Richemont – Uses blockchain for intellectual property protection, securing designs from conception to production.

Customer Experience Enhancement Through Blockchain

Modern luxury consumers expect personalized and seamless brand interactions, with 71% demanding tailored experiences and 63% judging brands negatively for failing.

Blockchain facilitates hyper-personalization while protecting consumer privacy. Secure digital profiles track preferences and purchases, allowing brands to offer:

  • Exclusive invitations
  • Bespoke recommendations
  • Personalized loyalty rewards

Blockchain-powered Direct-to-Consumer (D2C) models foster stronger relationships by ensuring transparency and seamless transactions.

Case Studies: Blockchain Innovations in Luxury

1. Richemont: Leveraged blockchain for rapid intellectual property protection, reducing the time to secure new designs to just 8 hours.

2. Tiffany & Co. (NFTiffs): Introduced NFT-backed jewelry linked to CryptoPunks, bridging digital and physical luxury.

3. Hublot x Takashi Murakami: NFT-powered exclusivity—only NFT holders could purchase ultra-rare timepieces.

4. Prada: Integrated Digital Product Passports (DPPs) in fine jewelry, embedding NFC chips for authenticity and sustainability tracking.

5. Rolex: Filed a patent for blockchain authentication of luxury watches, setting the stage for industry-wide adoption.

6. Porsche: Experienced an NFT misstep due to unclear value propositions, highlighting the importance of strategic blockchain integration.

Challenges and Future Pathways

Despite blockchain’s benefits, challenges persist:

  • High Implementation Costs: Smaller luxury brands struggle with the financial investment required for blockchain adoption.
  • Consumer Education: Many consumers are unaware of blockchain’s potential in luxury.
  • Sustainability Concerns: Traditional blockchains are energy-intensive; solutions like Ethereum’s proof-of-stake (reducing energy use by 99.9%) offer alternatives.
  • Regulatory Complexity: Brands must navigate global blockchain regulations while maintaining compliance.
  • Maintaining Brand Exclusivity: Luxury brands must balance transparency with their heritage of exclusivity.

Future solutions include:

  • Collaborative Platforms (e.g., Aura Consortium) to reduce costs.
  • Sustainability-focused blockchain solutions.
  • Clear consumer communication strategies to highlight blockchain’s value.

The Future of Luxury in the Blockchain Era

Blockchain is not just a disruptor but a strategic enabler of luxury, helping brands enhance trust, authenticity, and customer engagement. Luxury leaders who adopt blockchain will pioneer new standards for provenance, sustainability, and exclusivity while maintaining their brand heritage.

Luxury brands must act decisively—leveraging blockchain not just for security, but for storytelling, customer connection, and innovation in the digital age.

To read the full report by STORM Partners here.

Stay up to date with the latest market trends: https://worldluxurychamber.com/category/industry-reports/

Exclusive Interview: The Luxury Landscape in India—A Deep Dive with Abhay Gupta

In this exclusive interview, Alexander Chetchikov, President of the World Luxury Chamber of Commerce, sits down with Abhay Gupta, a visionary leader in India’s luxury industry and the author of The Incredible Indian Luxury Bazaar. As the founder of Luxury Connect, Luxury Connect Business School (LCBS), and a key architect in developing India’s luxury talent ecosystem, Gupta has played a pivotal role in shaping the country’s high-end retail landscape. With decades of experience bringing global luxury brands like Versace and Corneliani to India, he shares his expert insights on luxury education, market dynamics, and the evolving consumer mindset.

Alexander Chetchikov: As a key architect of India’s luxury talent ecosystem, how do you see the evolution of luxury education and workforce development in the country?

Abhay Gupta: India’s luxury industry has matured significantly over the last decade, and with it, the demand for skilled talent has grown exponentially. Earlier, luxury brands struggled to find professionals who understood the nuances of luxury customer experience, brand storytelling, and heritage management. Today, dedicated luxury business schools like Luxury Connect Business School (LCBS) are bridging this gap, offering specialized programs that blend global best practices with localized insights.

With the rapid expansion of luxury retail, hospitality, and experiential services, the need for a highly trained workforce has never been greater. The future of luxury education in India will be driven by experiential learning, digital transformation, and cross-cultural exposure. We are also seeing increasing collaborations between brands and academic institutions to develop tailored curricula, ensuring students are industry-ready from day one.

AC: Your book The Incredible Indian Luxury Bazaar explores India’s unique luxury market dynamics. What are the biggest challenges and opportunities for global luxury brands entering India today?

AG: India presents a paradox of immense opportunity and unique complexity. On one hand, we have a fast-growing high-net-worth individual (HNWI) segment, aspirational middle-class consumers, and a rich cultural heritage that aligns naturally with luxury. On the other, brands must navigate regulatory frameworks, high import duties, and the challenge of balancing exclusivity with accessibility.

The biggest opportunity lies in India’s ‘premiumization’ trend—where consumers are trading up for better quality, craftsmanship, and personalized experiences. Digital adoption is also accelerating luxury consumption, with e-commerce and social media shaping purchase decisions. However, for global brands, success in India requires a hyper-local approach—leveraging cultural cues, strategic pricing, and innovative retail formats.

AC: With over three decades in luxury retail, how have consumer expectations in India and the BRICS nations shifted, and what trends will define the future of luxury in these markets?

AG: Consumer expectations have evolved from merely owning luxury to experiencing it holistically. In the early 2000s, luxury purchases were largely status-driven. Today, particularly among younger buyers, there is a shift towards conscious luxury—where sustainability, craftsmanship, and personalization play a crucial role.

In BRICS nations, economic growth has fuelled demand for luxury, but each market has distinct consumer behaviors. While China has embraced digital luxury retail, India remains a high-touch, experience-driven market. Brazil and Russia lean towards classic luxury, whereas South Africa’s market is still emerging.

Key trends shaping the future include:

  1. Sustainable Luxury – Consumers demand ethical sourcing, eco-friendly materials, and responsible production.
  2. Digital & Phygital Experiences – A seamless integration of online and offline luxury shopping.
  3. Personalization & Bespoke Services – The desire for unique, one-of-a-kind pieces.
  4. Experiential Luxury – Travel, wellness, and immersive brand experiences driving engagement.

Brands that align with these shifts will be the ones leading in the next decade.

AC: As a luxury thought leader, what strategies do you recommend for Indian luxury brands to compete on a global scale while maintaining their cultural authenticity?

AG: Indian luxury brands have a rich legacy of craftsmanship, heritage, and artistry, which gives them a competitive advantage globally. However, scaling internationally requires a strategic approach:

  1. Brand Positioning & Storytelling: Indian brands must leverage their heritage while adapting to global tastes. The narrative should go beyond ‘Made in India’ to ‘Designed for the World.’
  2. Product Excellence & Innovation: Quality should meet or exceed global luxury standards. Design innovation, material excellence, and exclusivity will define success.
  3. Selective Global Expansion: Targeting key fashion capitals through pop-ups, collaborations, and digital platforms before setting up physical stores.
  4. Luxury Collaborations: Partnering with international designers or brands to enhance credibility and expand reach.
  5. Customer Experience & Personalization: Adopting cutting-edge digital strategies while retaining the artisanal, handcrafted essence of Indian luxury.

Several Indian brands—be it in fashion, jewelry, or spirits—are already making their mark. The key is to stay authentic while adapting to global consumer preferences.

AC: You’ve played a pivotal role in bringing international luxury brands like Versace and Corneliani to India. What key factors determine the success or failure of a luxury brand’s market entry in India?

AG: Entering India’s luxury market is both an exciting and challenging endeavor. Several factors determine a brand’s success or failure:

  1. Right Market Entry Model: Whether through a joint venture, franchise, or direct investment, choosing the right structure impacts brand control, speed of expansion, and profitability.
  2. Pricing Strategy: With high import duties, brands must find ways to ensure competitive pricing while maintaining exclusivity. Strategic local sourcing and ‘India-specific’ pricing models help.
  3. Retail Location & Experience: Store placement is critical—luxury thrives in high-end malls, flagship boutiques, and experience-driven retail spaces.
  4. Cultural Sensitivity & Localization: From marketing campaigns to product offerings, adapting to local tastes is crucial while maintaining brand DNA.
  5. Omnichannel Strategy: A mix of flagship stores, online platforms, and social commerce ensures wider reach and engagement.
  6. Long-term Commitment: India is a long-term play. Brands must be patient, investing in brand-building rather than expecting immediate returns.

Luxury brands that successfully integrate these factors have managed to create a loyal customer base, while others who misread the market have struggled.

Thank you, Abhay!

As India cements its position as a key player in the global luxury market, Abhay Gupta’s insights highlight the delicate balance between heritage and modernity, exclusivity and accessibility. His strategic vision underscores the importance of education, innovation, and cultural authenticity in driving the next wave of luxury growth. With a rapidly evolving consumer base and increasing global interest in Indian craftsmanship, the future looks promising for both homegrown and international luxury brands in the country. Through continued collaboration, innovation, and a keen understanding of market nuances, India is poised to become a dominant force in the luxury landscape.

To gain more insights into the luxury industry, visit our expert articles and interviews: https://worldluxurychamber.com/category/expert-articles-interviews/

Exclusive Interview: Jacqueline Hara on Luxury Real Estate, Cross-Industry Partnerships, and Thriving in a Global Network

As a newly appointed Board Member of the World Luxury Chamber of Commerce, Jacqueline Hara brings a wealth of expertise in the luxury real estate sector. In an exclusive conversation led by Alexander Chetchikov, President of WLCC, she shares her insights on the evolving demands of high-net-worth clients, the importance of cross-industry partnerships, and how boutique agencies can leverage destination marketing to thrive in a global network. As the Co-Founder & Family Business Partner of Fine & Country Costa Blanca North, Jacqueline is renowned for delivering more than just property transactions—she curates the authentic lifestyle of the location. From financial literacy in real estate to cross-industry partnerships and the role of technology in the luxury market, she offers a compelling vision for the future of high-end property.

Alexander Chetchikov: Jacqueline, with your extensive experience in luxury real estate, what do you see as the biggest challenges real estate professionals face today when working with high-net-worth clients? 

Jacqueline Hara: One of the biggest challenges is delivering an experience that genuinely goes beyond expectations. Today’s high-net-worth clients aren’t just purchasing property—they’re investing in a lifestyle, a sense of belonging, and often, a long-term vision for themselves and their families. This demands a highly personalised, discreet, and thoughtful approach rooted in deep listening and genuine understanding. 

At Fine & Country Costa Blanca North, we treat every client with the same level of care, attention, and respect—regardless of any assumptions about their status or background. Wealth today takes many forms: some clients are entrepreneurs, others are legacy investors, and many are simply people who have worked hard and want to enjoy the rewards of that effort in a meaningful way. We don’t define luxury by labels; we define it by experience, aspiration, and quality of life. 

Our focus has always been on building trust through exceptional service, bespoke marketing, and in-depth local knowledge—elements that are essential in helping clients make confident, informed decisions and feel truly valued throughout the journey. 

AC: The luxury real estate industry thrives on exclusivity and connections. What types of networking platforms or industry committees in WLCC do you think would provide the most value to brokers looking to expand their global reach? 

JH: Committees that encourage cross-sector collaboration and meaningful referrals would be especially valuable, particularly those connecting real estate with aligned luxury industries. For example, our regional office at Fine & Country Costa Blanca North is based in a marina, allowing us to collaborate with luxury yacht companies and high-end car dealerships. These partnerships often create natural client synergies, where lifestyle and property interests overlap. WLCC is well-positioned to foster similar global connections and strategic alliances across the luxury space. 

AC: Given your background in financial services and real estate, what role do you think financial literacy and investment knowledge play in a luxury broker’s success? Should there be more initiatives to educate real estate professionals in this area? 

JH: Financial understanding certainly plays a supportive role in the success of luxury real estate professionals. While we are not financial advisers, we work with high-net-worth clients who often view property as both a lifestyle purchase and a long-term investment. As a regulated estate agency, Fine & Country Costa Blanca North ensures that our clients are always informed about the broader financial aspects of a transaction—from being aware of associated costs beyond the purchase price, such as legal, notary, and registration fees, to being guided toward qualified tax and wealth management professionals who are properly licensed in Spain. 

We ourselves are proud members of APIAL (Association of Real Estate Agents and Real Estate Agents of the Province of Alicante), which requires adherence to strict standards, including formal qualifications, legal registration, professional indemnity insurance, and a strong code of ethics. This professional framework enables us to operate with transparency and integrity. 

That said, as the market becomes more sophisticated, we do believe there is room for more structured educational initiatives within the industry, particularly those that promote collaboration between real estate professionals and qualified financial advisers. Providing brokers with greater awareness of financial processes can only enhance the client experience and support well-informed decision-making across the board. 

AC: Fine & Country Costa Blanca is both a family-run estate agency and part of a global network of over 300 locations. Given this unique position, how can organizations like the World Luxury Chamber of Commerce create support systems that empower boutique agencies while leveraging the advantages of a global network? 

JH: Success in luxury real estate is as much about storytelling and lifestyle as it is about the property itself. At Fine & Country Costa Blanca North, we combine a personal, family-run approach with the scale and prestige of an international brand—offering our clients the best of both worlds. 

Organisations like WLCC can support boutique agencies by creating platforms that foster high-level networking, encourage knowledge sharing, and facilitate cross-sector partnerships. Hosting global forums, providing marketing tools that amplify a boutique agency’s unique voice, and offering access to luxury trend insights would help smaller offices grow while maintaining their individuality. 

By empowering agencies like ours to operate as lifestyle curators—not just property brokers—WLCC can elevate the client experience and strengthen the luxury real estate ecosystem globally. 

AC: Technology is reshaping the luxury real estate landscape, from virtual property tours to AI-driven market analysis. What innovations do you think brokers should embrace to stay ahead, and how can WLCC facilitate discussions around these advancements? 

JH: Innovation is essential, especially in how we present properties and engage with international buyers. Tools like high-definition virtual tours, drone videography, and immersive 3D experiences have become part of our everyday toolkit at Fine & Country. AI-driven data can also help us anticipate market shifts and better serve clients. WLCC can lead the way by hosting innovation labs or expert panels to explore how tech is redefining the luxury experience. 

AC: You’ve spent over two decades in Costa Blanca North’s real estate market. What lessons have you learned about branding and positioning a destination as a luxury real estate hotspot? Could WLCC play a role in helping brokers market their regions more effectively? 

JH: Branding a destination as a luxury real estate hotspot takes more than simply promoting properties—it requires authentic storytelling. When we launched Fine & Country Costa Blanca North in 2019, we focused on showcasing the complete lifestyle that defines our region: the Mediterranean climate, alfresco living with golf/equestrian/tennis/marinas etc., gastronomy, wellness, and both coastal and inland living. That’s why our own strapline is “We don’t just sell properties; we sell the lifestyle.” 

Crucially, we take the time to personally introduce clients to the various areas in our region to ensure the location not only suits their property needs but also aligns with their lifestyle. It’s not just about selling a home—it’s about placing someone in the right environment where they can truly thrive. 

WLCC can play a key role in supporting brokers globally by developing destination marketing toolkits, curated content, and collaborative campaigns that focus on the authentic lifestyle of the location—not the personality of the agent. In an era where social media is saturated with “real estate influencers,” there’s a growing demand for substance over show. 

At Fine & Country Costa Blanca North, we’re proud to represent the internationally recognised Fine & Country brand. But unlike in the domestic UK market, our focus here is international. That’s why we allow the properties—and the lifestyle they offer—to speak for themselves. We introduce, but let the properties be the stars of the show. 

Lifestyle marketing remains essential, but the focus should always be on the client’s aspirations and the experience of the destination—not the agent’s personal lifestyle. WLCC has a real opportunity to elevate this standard by championing meaningful, region-led storytelling that builds genuine connection and trust in the global luxury space. 

AC: Beyond real estate transactions, today’s top brokers act as lifestyle consultants, curating experiences for their clients. How do you see the intersection of real estate and other luxury sectors (hospitality, private aviation, fine art) evolving, and how can WLCC foster these connections? 

JH: Luxury real estate is now about more than bricks and mortar—it’s about delivering a complete lifestyle. Many of our clients are not just buying homes; they’re entering a community, a destination, and a way of life. That’s why at Fine & Country Costa Blanca North, we collaborate with luxury service providers—from yacht charter companies and private chefs to car dealerships and concierge services—to create a seamless lifestyle offering. 

As homes increasingly double as showcases for fine art or platforms for bespoke experiences, brokers need access to cross-industry partnerships. WLCC can support this evolution by hosting immersive lifestyle events, building alliances between real estate and other luxury sectors, and helping brokers craft compelling narratives that resonate emotionally with clients. 

By connecting these worlds, WLCC reinforces the idea that buying a home is not just a transaction—it’s an entry into a lifestyle defined by exclusivity, refinement, and experience. 

AC: If you could introduce one new global initiative for luxury real estate professionals through the WLCC, what would it be and why? 

JH: I would propose a “Luxury Lifestyle Circle”—a global initiative designed to bring together real estate professionals and partners from complementary sectors such as design, wellness, travel, finance, and hospitality. Rather than being exclusive in the traditional sense, this platform would focus on shared values: integrity, quality, collaboration, and a client-first mindset. 

The definition of luxury has evolved—especially since COVID-19. Today, it’s not just about material wealth; it’s about lifestyle, time, well-being, and personal freedom. Whether clients come from generational wealth, entrepreneurial success, or have simply prioritised quality of life, they all deserve a tailored and respectful approach. We believe luxury should be inclusive of anyone seeking an elevated way of living. 

The “Luxury Lifestyle Circle” would offer a space for professionals to share insights, collaborate across industries, and co-create experiences that truly reflect the diversity and depth of today’s luxury clients. It’s about building meaningful relationships—not just transactions—and helping clients, whatever their background, step into a lifestyle that feels uniquely theirs. 

WLCC is in a powerful position to facilitate this kind of modern, collaborative platform—one that celebrates the evolving definition of luxury while maintaining the highest standards of service and ethics worldwide. 

Thank you, Jacqueline!

Jacqueline Hara’s insights highlight the evolving luxury real estate landscape, where personalized service, strategic networking, and lifestyle-driven marketing are key. With WLCC fostering global connections and cross-sector collaborations, boutique agencies like Fine & Country Costa Blanca North continue to redefine luxury—proving that true exclusivity lies in experience, trust, and tailored expertise.

To learn more about Fine & Country Costa Blanca North, visit: https://www.fineandcountry.es/en/costa-blanca-north-estate-agents

World Luxury Chamber of Commerce Welcomes Jacqueline Hara as Board Member

The World Luxury Chamber of Commerce (WLCC) is delighted to announce the appointment of Jacqueline Hara as a new board member. With a distinguished career that spans both financial services and luxury real estate, Jacqueline brings a wealth of experience, strategic insight, and international perspective to support WLCC’s mission of promoting excellence and innovation in the global luxury sector.

With a background in Business & Marketing and Strategic Distribution within the UK Financial Services sector, Jacqueline has spent the past 21 years in her family-run real estate business here in Spain. For the last six years, she has led the marketing of luxury and lifestyle properties for Fine & Country Costa Blanca North. When their Regional office first opened in 2019, there were no other upper quartile agencies in the region focusing specifically on lifestyle marketing. This led to the creation of a distinct marketing strapline for Fine & Country Costa Blanca North – “We don’t just sell properties, we sell the lifestyle” – which has since become a defining element of their identity which Jacqueline created.

As part of the Fine & Country global network, with over 300 offices worldwide, Jacqueline also represents Fine & Country Spain on an international level. She actively participates in International meetings, shares best practices, and attends major events such as International Day and the Annual Conferences in London, further reinforcing her role as a respected thought leader in the luxury real estate sector.

Fine & Country Costa Blanca North specializes in the marketing and sale of luxury and lifestyle properties across the most desirable coastal and inland locations north of Alicante, including Altea, Calpe, Benissa Costa, Moraira, Javea, and Denia. The agency’s commitment to personalized, multilingual service and its bespoke approach to property sourcing have earned it a distinguished reputation among high-net-worth clientele worldwide.

In addition to her leadership in real estate, Jacqueline’s appointment to the WLCC Board highlights the Chamber’s commitment to bringing together industry leaders who can contribute fresh perspectives and innovative initiatives. With her background in financial services and extensive real estate expertise, she is poised to help shape key initiatives that enhance industry networking, professional development, and global real estate standards.

“I am honored to join the board of the World Luxury Chamber of Commerce,” said Jacqueline Hara. “Luxury real estate is an evolving industry where exclusivity, trust, and strategic partnerships play a crucial role. I look forward to working with the WLCC to develop initiatives that support real estate professionals, foster international collaboration, and elevate industry standards.”

Alexander Chetchikov, President of the World Luxury Chamber of Commerce, welcomed Jacqueline’s appointment: “Jacqueline’s extensive expertise in luxury real estate, combined with her background in financial services and global network experience, makes her an invaluable addition to our board. Her insights will be instrumental in shaping WLCC’s initiatives to support and elevate the luxury property sector.”

As a WLCC board member, Jacqueline will play a key role in advising on industry committees, networking platforms, and initiatives that address the evolving needs of luxury real estate professionals worldwide. With her appointment, WLCC continues its commitment to uniting top leaders in the luxury industry to drive innovation, excellence, and collaboration on a global scale.

For more information about Fine & Country Costa Blanca North, please visit: https://www.fineandcountry.es/en/costa-blanca-north-estate-agents

Exclusive Interview: Markus Kramer on Branding Across Industries & The Power of Purpose

In an exclusive conversation led by Alexander Chetchikov, President of the World Luxury Chamber of Commerce, renowned branding expert Markus Kramer delves into the evolving landscape of brand strategy across luxury, automotive, and financial services. As a thought leader, author, and consultant, Markus has helped some of the world’s most prestigious brands navigate the complexities of differentiation, consumer trust, and the role of purpose in modern business. From the power of authenticity to the impact of AI on branding, Markus shares his insights on how companies can craft meaningful connections in an era of radical transparency.

Alexander Chetchikov: Markus, with your extensive experience across various industries, including automotive, luxury, and financial services, how do you approach the unique branding challenges each sector presents, and what are the key similarities you look for when crafting a brand strategy?

Markus Kramer: Branding across industries may seem vastly different on the surface, but the core principles remain the same: clarity of purpose and identity, differentiation, and the ability to create genuine connections with audiences. Whether in automotive, FMCG, luxury, or financial services: brands that thrive are those that align their values and identity with the expectations of their audiences.

For example, in the high-end automotive sector, brand loyalty is often rooted in heritage, performance, and technological innovation – as well as status. Pure play luxury branding, on the other hand, relies heavily on exclusivity, craftsmanship, and the ability to create desire through storytelling. Financial services require a brand to establish deep trust and credibility, where reliability and security are hygiene – and differentiation has to come from anywhere else than an undifferentiated product or service.

So, despite these differences, the unifying factor is the need for a strong guiding purpose – what I call the “North Star” – that informs all strategic decisions. A brand must not only communicate but demonstrate its authenticity and value in every customer interaction, product, or service. 

Alexander Chetchikov: As an author of The Guiding Purpose Strategy, you emphasize the transformational power of purpose in branding. How can companies integrate a strong sense of purpose without it feeling like a marketing gimmick, and what impact does this have on consumer loyalty?

MK: Purpose should not be a buzzword – it must be deeply embedded in a company’s DNA and culture. Many brands fall into the trap of purpose-washing, where they use lofty mission statements but fail to live up to them. The key is authenticity.

Truly purpose-driven brands align their internal culture, operations, and customer experiences with their stated purpose. A great example is Patagonia, which integrates sustainability into every aspect of its business, from product sourcing to corporate activism. Another great case in point is Bruno Cucinellis ‘Humanistic Capitalism”. Their commitment is real, and as a result, customers trust and advocate for them. 

Consumers today are more discerning than ever. They recognize when a brand is simply using purpose as a marketing ploy. Companies that genuinely embody their purpose create stronger emotional connections, driving loyalty and long-term growth. Studies show that purpose-driven brands outperform competitors by a significant margin. In essence, profit and purpose are not opposites – they must work together to create sustainable success​.

The concept of purpose is truly powerful – luxury brands have taken, albeit I am quite sure this happened mostly because of inspiring leadership and cult-like following rather than deliberately ‘looking for meaning’. And finally, genuine purpose is good for us as humans too. A recent (23-year study!) just proved that meaning is better for our health and longevity than happiness – quite impressive. Why not use it as a corporate and business lever, too – especially when culture becomes a differentiator more than ever? And when employees feel well, and stay long (loyalty), it’s a given that this binds customers too – luxury brands do this very well.

Alexander Chetchikov: As a regular speaker and lecturer at business schools and conferences, what emerging trends in branding and marketing do you find most exciting, and how do you see these trends reshaping the future of brand strategy?

MK: We are already in an era of radical transparency, and AI is only accelerating it. Consumers demand more than just quality products – they seek brands that align with their values, that are genuine and that deliver beyond function and status. This is true especially when it comes to luxury brands.

Some key trends shaping the future of (general) branding include:

  1. Hyper-Personalization: Advances in AI and data analytics allow brands to create deeply personalized experiences at scale, making customers feel truly understood.
  2. Purpose-Driven Business Models: The convergence of purpose and profit is no longer optional. Companies that integrate sustainability, social impact, and ethical business practices into their strategy will lead the future.
  3. Decentralization of Brand Control: With social media and increasingly AI too, customers shape brand narratives as much as companies do. Brands must embrace co-creation with their communities.
  4. The Shift from Ownership to Experience: Younger generations prioritize experiences over material possessions, pushing brands to focus on creating meaningful engagement rather than just selling products.

Ultimately, I believe that the brands that will thrive are those that embrace culture as a catalyst for competitive advantage, leverage emerging technologies, and cultivate deep, meaningful relationships with their customers​.

Alexander Chetchikov: Your role in both consulting and ventures showcases a hands-on approach to brand strategy. Can you share an example of how your personal ventures have influenced your consultancy work, and how your real-world experience informs your advice to clients?

MK: Being directly involved in ventures provides an invaluable perspective on the challenges and opportunities that businesses face in real-time. One of the key lessons from my entrepreneurial experience is that strategy alone is not enough – execution is where real value is created.

For instance, in launching our Moving Mechanics venture that builds beautiful, kinetic time machines means understanding not just the theoretical aspects of branding but also the operational complexities, customer behaviors, and market dynamics that influence decision-making. How do you position such a brand, who is the customer, how do you find them, how do you target and convert people who love the intersection and fusion of art and mechanical engineering? Understanding the nuts and bolts of how this works is invaluable when working with clients who face similar challenges, such as Switzerland’s first wineBANK for example, a very new and very different proposition, creating not just a high-end space for wine connoisseurs, but shaping a community of like-minded people. So learning and optimizing brand building in what I am doing through the ventures where I have direct stakes in it also transfers to clients who look to build and scale their brands.

Thank you, Markus!

As the conversation draws to a close, Markus leaves us with a compelling perspective on the future of branding—where purpose, authenticity, and culture serve as the ultimate differentiators. In a world where consumers are more discerning than ever, brands that embrace their identity with conviction and execute with excellence will not only survive but thrive. His insights serve as a masterclass in strategic brand-building, reinforcing the idea that branding is not just about selling products—it’s about shaping experiences, trust, and legacy.

To gain more insights into the luxury industry, visit our expert articles and interviews: https://worldluxurychamber.com/category/expert-articles-interviews/

Hospitality And F&B Executive Program: Driving Sustainability and Innovation in Hospitality and F&B Industry

The World Luxury Chamber of Commerce is thrilled to offer the SDA Bocconi Hospitality And F&B Executive Program to its members, an opportunity designed to elevate leadership within the rapidly evolving Hospitality and Food & Beverage (F&B) sectors. Set for 2025, this exclusive program, taking place in Milano and Lausanne, provides cutting-edge insights into sustainability and innovation—two of the most pressing challenges in the industry.

A Transformational Experience

This unique program offers a comprehensive framework to address the major shifts occurring in the Hospitality F&B industry, from generational changes to technological advancements, and evolving consumer expectations around personalization and sustainability. Co-designed and co-taught by two of Europe’s leading institutions, SDA Bocconi and EHL (École hôtelière de Lausanne), participants will engage with thought leaders and industry experts in a collaborative learning environment that bridges theory with practical application.

Key Program Highlights

The Hospitality And F&B Executive Program is structured into six dynamic pillars:

  1. Discover: An exploration of the fundamental value system in Hospitality and F&B, including customer segmentation, market structure, and distribution strategies. Case studies from global leaders like Red Bull will illuminate best practices in the sector.
  2. Experience: This pillar focuses on food design, interior design, and storytelling, which are essential to creating unforgettable customer experiences. Participants will engage in a hands-on kitchen and service preparation session, followed by a culinary immersion dinner.
  3. Innovate: Creativity is key to staying ahead in this industry. In this module, participants will delve into emerging technological trends such as AI in customer engagement, as well as conduct a workshop on innovative solutions for F&B operations.
  4. Value Creation & Capture: Understanding how to navigate the delicate balance between luxury and volume will be explored through real-world cases, such as Nespresso’s market strategy. The module focuses on blending prestige with accessibility to achieve sustained growth.
  5. Sustainability: Addressing sustainability in the Hospitality and F&B sectors, this module covers food waste reduction, supply chain management, and the integration of eco-friendly practices to ensure that luxury businesses can thrive responsibly.
  6. Financial Performance: Participants will gain critical insights into measuring financial performance in the F&B industry, with a focus on key performance indicators (KPIs) and strategies for financial sustainability.

Leading Experts

The program is taught by distinguished faculty from both EHL and SDA Bocconi, including professors like Gabriella Lojacono and Stéphane Haddad, who bring decades of experience and expertise in hospitality, innovation, and sustainability. Together, they provide a balanced approach that is both academically rigorous and practically oriented to tackle real-world challenges.

Who Should Apply?

This program is ideal for senior managers or executives in the Food & Beverage and Hospitality sectors looking to deepen their expertise, understand industry interconnections, and strategically drive business growth in an evolving market. If you’re looking to enhance your strategic capabilities and lead transformation in the Hospitality and F&B sectors, this program will help you adapt to industry shifts and take advantage of new opportunities for growth.

Special Discounts for Chamber Members

As a special offer, World Luxury Chamber of Commerce members are eligible for a 15%-20% discount on the program fees. This is a limited-time opportunity to access world-class executive education at a reduced price.

Program Details

  • Dates: May 22–24, 2025 (Lausanne), June 26–28, 2025 (Milano)
  • Duration: 48 hours
  • Location: SDA Bocconi School of Management, Milano & EHL, Lausanne

Participants who attend at least 80% of the classes will receive a Certificate of Participation and a digital badge to share on LinkedIn.

Why Choose SDA Bocconi?

For over 50 years, SDA Bocconi has been at the forefront of managerial education, providing programs that combine rigorous academics with real-world applicability. Ranked 1st among European business schools, SDA Bocconi offers a transformative educational experience that equips leaders to drive change and foster innovation. By joining this program, you will gain access to a vibrant Bocconi Alumni Community with over 135,000 members globally, enhancing your professional network and continuing your career growth.

Apply Now

For more information or to apply, please visit https://worldluxurychamber.com/events/hospitality-fb-executive-program-edition-2025/

Don’t miss this opportunity to shape the future of the Hospitality and F&B industry—secure your place in the 2025 Hospitality And F&B Executive Program today!

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

Exclusive Interview: Chris Roebuck on Leadership, AI, and the Future of High-Performance Teams

In this exclusive interview, Chris Roebuck, a renowned leadership expert and advisor, shares his insights on what separates truly transformational leaders from the rest. With a career spanning military service, corporate leadership, and government advisory, Roebuck has developed a deep understanding of how leaders can inspire teams, drive performance, and navigate change effectively. Led by Alexander Chetchikov, President of the World Luxury Chamber of Commerce, this conversation delves into the key traits of high-impact leaders, the evolving role of AI in leadership, and the invaluable lessons businesses can learn from military leadership.

Alexander Chetchikov: Chris, you’ve worked extensively on leadership transformation across industries. What do you think are the key traits that differentiate a truly transformational leader from an average one?

Chris Roebuck: You can sum it up quite simply by saying it’s the difference between leaders who get people to do the job and leaders who inspire people with a compelling vision of the future so they do much more than the job.

Transformational leaders use emotion to build rapport and get things done just as much as rational thought and planning. In the mind of the employee, it’s the difference between implementing a plan and truly believing in what you are doing.

Alexander Chetchikov: As a key figure in the “Engage for Success” initiative, how do you believe organizations can create a culture that fosters long-term employee engagement and high performance?

CR: If we want to achieve the best employee engagement and high performance we have to create an environment where employees willingly give that. An employee’s decision to give their best is 60% rational and 40% emotional so they have to think that what they are being asked to do not only make sense but they believe in it.

But the big problem we have is that many leaders are not able to effectively create this environment because they have “too much work” and “not enough time”. As a result of this, they tend to focus purely on the task and forget to spend time inspiring the people. The people see this and assume that the leader doesn’t really care about them.

The simple reason for this happening is that around 80% of leaders are not being given the critical leadership skills they need to the depth they need to be able to be a good leader and build this environment. But this is actually a problem that can be quite simply and quickly solved using the right approach.

Alexander Chetchikov: From your experience leading leadership development at HSBC, UBS, and the NHS, what are the most critical leadership skills required to navigate crises and uncertainty in today’s business landscape?

CR: The first element that is critical is having a firm foundation in all the basic leadership skills, the ability to prioritize, delegate, communicate, give feedback, and manage resources. If these are not present, and they aren’t in the vast majority of leaders currently, then the implementation of everything else that follows will not be done optimally.

This means that a minority of employees are giving their best, that implementation could be 30% less effective than it should be, that the organization is performing 25% less effectively than it should be, and that it could be making 10% more profit than it currently is.

Once these skills are in place it gets leaders out of the “too much work” and “not enough time” problem which then allows them to focus on people so that they are able to motivate, to inspire, to get the best to deliver business as usual at the excellence level.

That then opens up space for them to start to become entrepreneurial leaders to look to seize opportunities to build the future not just deliver business as usual. Entrepreneurial leadership is without doubt a critical element for future organisational success.

Alexander Chetchikov: With rapid advancements in AI and digital transformation, how should leaders adapt their strategies to ensure they remain effective in engaging and managing their teams?

CR: Leaders need to recognize that AI is not a silver bullet to solve all their problems. It is a tool to enable them to be more effective in terms of turning data into valuable information for decision-making and streamlining other activities.

That is positive in that it will give leaders more time to then do what only leaders can do which is to interact with people as human beings to get the best from them.

The reality is that AI will not replace leaders simply because 80% of human communication is nonverbal, through tone of voice, body language, and facial expressions which AI cannot replicate, as in face-to-face interaction.

Alexander Chetchikov: Your leadership journey spans military service, government advisory, and corporate leadership. What are some of the most valuable leadership lessons from the military that business leaders can apply to their organizations?

CR: There are several really powerful lessons that business leaders can learn :

  • That all leaders must have the critical basic leadership skills in place when they start their leadership roles, preferably from their first appointment.
  • That the creation of a “we, not me” culture which the military uses to enable it to work as high-performing teams in the toughest environments will have a similar impact in business organizations.
  • That it’s not just about having a good plan it’s about inspiring the team so that they truly believe in the plan and are committed to it.
  • That the leader is there to serve and support the team to enable it to be successful and takes action to do that – servant leadership.
  • That all great leadership is based on integrity and trust and leaders should be demonstrating and building this by their actions every day.

Thank you, Chris!

As the conversation with Chris Roebuck comes to a close, one key takeaway stands out—great leadership is not just about strategy and execution but about inspiring people to believe in a shared vision. From the military’s emphasis on teamwork to the corporate world’s need for agility and adaptability, Roebuck’s insights offer a compelling roadmap for leaders striving to build high-performing organizations. In a rapidly evolving business landscape, his expertise serves as a powerful reminder that leadership excellence is not about working harder but leading smarter.

To gain more insights into the luxury industry, visit our expert articles and interviews: https://worldluxurychamber.com/category/expert-articles-interviews/

Mastering Luxury Sales: An Exclusive Conversation with Geoffrey Riddle

In this exclusive interview, Geoffrey Riddle, a globally recognized luxury sales expert and speaker, shares his invaluable insights on the ever-evolving luxury market. With a wealth of experience, Geoffrey has witnessed firsthand the industry’s transformation—from an elite, invitation-only sphere to an aspirational, digital-driven marketplace. Known for his engaging training methods and deep understanding of high-net-worth clientele, Geoffrey emphasizes the importance of performance, storytelling, and continuous learning in luxury sales.

Leading this thought-provoking discussion is Alexander Chetchikov, President of the World Luxury Chamber of Commerce, who delves into Geoffrey’s expertise, exploring key trends, strategic approaches, and the art of making every luxury sales experience a memorable performance.

Alexander Chetchikov: Geoffrey, your career has spanned over three decades in luxury sales, and you’ve been acclaimed as one of the top luxury speakers in the world. How has the luxury market evolved over the years, and what key trends do you see influencing its future?

Geoffrey Riddle: Before social media and influencers, the luxury market was like a private club. You discovered what was going on almost exclusively through personal contacts. The level of your circle of influence, in most cases, was local.

When my father started his business in New Jersey, if we did take a vacation, it was for about a week in a motel at the Jersey shore. As his business grew, he became associated with a more successful group of people, and through their experiences, the level of our vacations went up every year, but eventually plateaued because his circle was still mostly local.

The luxury market at that time was dominated by high-net-worth individuals almost exclusively, and only big cities offered luxury goods and services. Luxury was still way out of reach for most people because of finances and logistics.

With the explosion of social media, everyone is aware of luxury, and aspirational buyers are everywhere. Luxury houses are no longer reliant on foot traffic through their stores, and ordering on the internet has increased sales exponentially. The taste for newfound profits and the excitement of widening their audience have led some brands to offer less than exclusive products and entertaining mass market strategies, which subsequently diluted the brand. Profits based on volume is a sure fire race to the bottom from which luxury cannot recover.

Several years ago, I predicted the fall of the Chinese market even though experts were still bullish. Now, India is in the crosshairs, and some brands have targeted it like storm chasers.

As a younger demographic enters the luxury world, brands are embracing artificial intelligence and changing the shopping experience. It is important, however, not to ostracize an older generation that still enjoys a store visit, champagne, and over-the-top personal attention. 

AC: Your seminars and talks are known for being both entertaining and educational, often incorporating video and role-playing. How do these interactive elements enhance the learning experience, and why do you believe they’re key to engaging luxury sales professionals?

GR: The first time I heard a recording of my voice, I was appalled and adamant it was not me. So I worked on my voice. One day, on a lark, I recorded my sales presentation. My voice was great, but my presentation was horrible. Even I wouldn’t buy from me. I continually made changes, and my sales increased.

At that time, other salespeople asked for my help, and I recorded them too and pointed out changes they could make. When a sales manager asked to video me in a live presentation for future training, I agreed.

You cannot believe how annoying and irritating some body language can be. In most cases, it’s subliminal but enough to lower your trust factor to nothing more than a pitchman. It is no longer enough to be an expert in your field, there are plenty of them. The sales process alone will not make you a superstar. Unless your presentation is worthy of an Academy Award-winning performance, you’re just another salesperson. Most people are eyesight dominant. What they see has the biggest impact on what they think, desire, and act upon.

As a golfer, I have found thousands of videos online that show you how to hit a golf ball. If all I did was watch them and go right to the golf course without practicing I would be a failure. But I have learned over the years that the time I spent practicing, especially with a camera, is in direct proportion to my level of performance. It’s no different in sales. 

AC: In your experience, what is the most critical aspect of training luxury salespeople, and how do you ensure that your approach is tailored to the unique needs of high-net-worth individuals?

GR: First, training is not a one-time thing. It needs to be an ongoing process, otherwise, salespeople will default to whatever is comfortable, and it is usually to their detriment. So I remain on-call for six months with scheduled visits to make sure what they learned becomes permanent.

Second, people are people. This is probably heretical, but the HNWI is not unique. They have the same desires, flaws, and triggers that move others, but with a bigger purse. When you understand this, you can move seamlessly and successfully within any group. “How to Win Friends and Influence People” by Dale Carnegie is a primer in this area. He is often quoted but not necessarily given the credit he deserves. 

AC: As a speaker and strategist, you often emphasize the importance of performance in the sales process. How can brands shift their mindset to view every interaction as a performance, and what role does storytelling play in creating memorable customer experiences?

GR: In training, it should be emphasized over and over that even a transactional purchase is an event worthy of a performance. I went into a store to purchase a watch. I had already decided on the luxury brand and model, so I figured this wouldn’t take much time and I would make a salesperson happy. The saleswoman made a big deal of polishing it before handling the watch. She also inspected it to make sure it was perfect. She commented on my obvious good taste and asked if she could put it on my wrist. Her hands were beautiful, and her nails were professionally manicured. I insisted on wearing it home, and she proceeded to wrap the box in a special paper and put it into an elegant bag as if the watch were in it to be unwrapped at home. She had turned a transactional sale into a performance, created an experience I talk about frequently, and earned a fistful of referrals.

Humans are hardwired to listen to stories. They’re compelling. It’s how we have learned for a thousand years. A customer will remember and repeat your story to others instead of a fact or benefit that they may or may not believe. Stories can be used in any step of the sales process to bring it to life and connect deeper with the customer. If I had to give anyone in sales a simple method to be more successful, it would be to ask questions and tell stories. 

Thank you, Geoffrey!

As our conversation with Geoffrey Riddle comes to a close, one thing is clear—luxury sales are more than just a transaction; it’s an art form. From the evolution of the market to the undeniable impact of performance and storytelling, Geoffrey’s insights offer invaluable lessons for both seasoned professionals and aspiring luxury sales experts.

With a deep understanding of human psychology and a passion for excellence, Geoffrey continues to shape the way luxury brands engage with their clientele. As the industry adapts to new technologies and shifting consumer behaviors, his message remains timeless: luxury is not just sold—it’s experienced.

Stay connected for more exclusive conversations with industry leaders driving the future of luxury: https://worldluxurychamber.com/insights-news/

SDA Bocconi Partners with the World Luxury Chamber of Commerce to Offer Exclusive Executive Education Opportunities

The World Luxury Chamber of Commerce (WLCC) is proud to announce an exclusive partnership with SDA Bocconi School of Management, a globally celebrated institution recognized for its cutting-edge Executive Education Programs. This collaboration provides WLCC members with privileged access to premier learning experiences through discounts on select executive programs designed for high-level professionals in the luxury and business sectors.

Through this partnership, WLCC members can enhance their leadership skills and industry expertise by enrolling in the following programs at a preferential rate:

Executive Programs Available with Exclusive Discounts:

Additionally, to encourage women’s participation in executive education and support their professional development, a special discount dedicated to women will be automatically applied to members.*

A Shared Vision for Excellence in Business Education

SDA Bocconi School of Management has long been committed to empowering professionals, entrepreneurs, and business leaders with the knowledge and skills needed to drive innovation and success. With a dynamic, research-based approach to education, SDA Bocconi fosters a hands-on learning environment that prepares individuals to navigate the complexities of the global business landscape.

“We are thrilled to join forces with SDA Bocconi School of Management in providing our members with access to world-class executive education,” said Alexander Chetchikov, president of the World Luxury Chamber of Commerce. “This partnership reflects our commitment to fostering leadership and excellence in the luxury industry.”

For more information and to enroll in an executive program, visit https://worldluxurychamber.com/development/

*Please note that discounts cannot be combined.

Exclusive Interview: Tiago Restani Reveals the Secrets Behind Luxury Sponsorships

In this exclusive interview, Alexander Chetchikov, President of the World Luxury Chamber of Commerce, sits down with Tiago Restani, a leading entrepreneur and CEO of Fully, to discuss the art of strategic partnerships in luxury hospitality. With a career spanning over two decades, Restani has worked with some of the world’s most prestigious brands, orchestrating high-profile sponsorships and collaborations that redefine market influence. From navigating government alliances to securing top industry rankings, Restani shares his insights on what it takes to position luxury brands at the pinnacle of global recognition.

Alexander Chetchikov: Tiago, with your vast experience in luxury hospitality consultancy, how do you approach building strategic partnerships and sponsorships that drive growth for luxury brands in such a competitive market?

Tiago Restani: In the world of luxury hospitality, true partnerships transcend mere transactions—they become symbiotic alliances that elevate prestige, influence, and desirability. At Fully, we orchestrate strategic collaborations that seamlessly intertwine legacy, innovation, and exclusivity, ensuring our clients align with partners who amplify their narrative and cultural relevance. By curating bespoke sponsorships and high-touch brand synergies, we craft immersive experiences that captivate the world’s most discerning audiences. Through our unrivaled network and insider acumen, we position luxury brands at the epicenter of influence—where recognition is not just achieved, but redefined.

AC: You’ve worked with various global brands and governments. Can you share an example of how you’ve successfully navigated a complex partnership that significantly impacted the business’s brand recognition or market position?

TR: One of the most impactful partnerships I orchestrated was between a prestigious luxury hospitality brand and a government tourism authority aiming to position its destination as the next global epicenter of fine dining and cultural sophistication. This collaboration required a masterful blend of strategic diplomacy, high-profile alliances, and curated storytelling to align the brand with the destination’s narrative. By leveraging my network within The World’s 50 Best, Michelin, and elite luxury circles, we developed an immersive global campaign—including exclusive chef collaborations, high-net-worth experiential activations, and a multi-platform media strategy that captured the attention of the world’s most discerning audiences. The result was not just heightened brand recognition, but a paradigm shift in the market’s perception, solidifying both the brand and the destination as icons of global luxury and culinary excellence.

AC: With your extensive background in the gastronomy business, what do you believe are the key factors that contribute to a restaurant or hotel earning prestigious industry rankings, and how do you help your clients achieve that level of recognition?

TR: Earning a place among the world’s most prestigious industry rankings—be it Michelin, The World’s 50 Best, Best Chefs Awards, James Beard Awards, or La Liste—demands far more than just exceptional cuisine or impeccable service. It is an alchemy of excellence, where storytelling, guest experience, and strategic visibility coalesce into a compelling narrative of desirability. At Fully, we curate bespoke strategies that elevate our clients beyond competition, ensuring they not only meet but exceed the evolving criteria of elite recognition platforms. Through insider intelligence, tailored voter engagement, and the orchestration of unforgettable culinary moments, we transform restaurants and hotels into global icons of luxury—where every detail, from ambiance to artistry, resonates at the highest echelon of hospitality.

AC: How do you define success when it comes to global sponsorships in the luxury industry?

TR: Success in global luxury sponsorships is defined by the seamless fusion of exclusivity, influence, and long-term brand elevation. It’s not just about visibility—it’s about aligning with the right cultural moments, forging deep emotional connections with high-net-worth audiences, and creating experiences that transcend the transactional. True success is when a sponsorship doesn’t just sponsor—it shapes perception, redefines prestige, and cements a brand’s status as an icon of luxury.

AC: How do you stay ahead of trends in the ever-evolving luxury market?

TR: Staying ahead in the luxury market requires a rare blend of intuition, insider intelligence, and strategic foresight. I immerse myself in the world’s most exclusive hospitality and cultural circles and engage with industry visionaries, elite clientele, and global tastemakers. Through my work with The World’s 50 Best, Walpole, and luxury brand ecosystems, I stay at the pulse of emerging consumer behaviors, ensuring my clients are not just keeping up with trends—but setting them.

AC: What’s one piece of advice you’d give to entrepreneurs starting out in the hospitality industry?

TR: Master the art of experience and storytelling—luxury hospitality is no longer just about service; it’s about creating unforgettable moments that evoke emotion and exclusivity. From day one, focus on crafting a distinct identity, cultivating deep industry relationships, and understanding the psychology of your clientele.

Thank you, Tiago!

Tiago makes one thing clear—luxury is about more than just service; it’s about influence, strategy, and unforgettable experiences. His approach to partnerships and branding has reshaped the industry, proving that success comes from being ahead of the curve.

To gain more insights into the luxury industry, visit our expert articles and interviews: https://worldluxurychamber.com/category/expert-articles-interviews/

Exclusive Interview: Kamel Ouadi on Digital Transformation in Luxury

In this exclusive interview, Alexander Chetchikov, President of the World Luxury Chamber of Commerce, sits down with Kamel Ouadi, a renowned luxury marketing expert, to explore the evolving landscape of high-end branding. With an impressive career leading marketing at some of the world’s most prestigious luxury houses, Ouadi has been at the forefront of redefining how brands balance heritage and innovation, exclusivity and accessibility, craftsmanship and digital transformation. From integrating cutting-edge digital experiences while maintaining the aura of luxury’s prestige to the growing power of personalization, Ouadi shares invaluable insights on what it takes for luxury brands to remain aspirational and relevant in today’s ever-changing market.

Alexander Chetchikov: Having led marketing at some of the world’s most prestigious luxury brands, what do you see as the key to successfully positioning a brand as both aspirational and relevant in today’s competitive landscape?

Kamel Ouadi: The leading luxury brands can maintain Core Brand Values but evolve with the times. The key is to bring heritage into modernity. Relevance today lies in evolving how these values are expressed in modern culture by create a deep emotional connection through storytelling. The key to positioning a brand as both aspirational and relevant today lies in the delicate balance of staying true to the timeless elements of luxury—craftsmanship, exclusivity, and heritage—while evolving to meet the needs, desires, and values of modern consumers. A deep understanding of your audience, a strong emotional connection, and an ongoing commitment to innovation will ensure that the brand remains both a symbol of aspiration and an authentic part of contemporary culture.

AC: Digital transformation has reshaped how luxury brands engage with consumers. What strategies do you believe are most effective in integrating digital innovation while maintaining the exclusivity and prestige of a luxury brand?

KO: We live in a Digital world so Digital transformation will support how luxury brands engage relevantly with their consumers. Integrating digital innovation while maintaining the exclusivity and prestige of a luxury brand is about blending high-tech solutions with high-touch creativity and service. For instance, your print campaign can be the starting point of a new creative brief for digital storytelling expanding the core idea with new possibilities. This approach was extremely successful while bring Louis Vuitton Core Values “Journeys” into the Digital word. Besides, a luxury brand must offer a cohesive omnichannel strategy that ensures a seamless transition between the digital and physical worlds. For example, a customer who engages with a brand’s website or app should receive the same level of attention, service, and experience as they would in-store. Digital can also help to curated Digital Experiences with a Focus on Exclusivity to best clients. The possibilities are infinite. The focus should always be the relevancy of the idea and the added value for the clients.

AC: Customer expectations in the luxury sector are constantly evolving. How can brands foster deeper connections with their audiences and create highly personalized experiences without compromising brand integrity?

KO: Luxury brands should better leverage consumer data and insights to understand Individual Preferences and better serve their clients. The world is moving to an era of Advanced Personalization. Luxury consumers expect experiences tailored to their individual tastes, preferences, and needs. Brands can use data-driven insights to understand these preferences, whether it’s based on previous purchases, browsing behaviors, or personal style. For example, an AI-powered recommendation engine can suggest products that match the consumer’s aesthetic, but without being intrusive. By offering personalization, such as custom monogramming or curated collections, brands can enhance the customer experience while still maintaining exclusivity.

AC: Innovation is essential for growth, but so is heritage in the luxury industry. How do you navigate the challenge of pushing boundaries while preserving the craftsmanship, tradition, and authenticity that define a brand?

KO: Inspiring luxury brands are innovation within Brand’s Heritage. It’s about Respecting Core Values. It’s about modernizing these core values but not Replacing them. Innovation and heritage in the luxury industry is not about choosing one over the other but about finding ways to let them coexist harmoniously. By ensuring that innovation feels like an extension of the brand’s tradition—whether through craftsmanship, materials, or design—luxury brands can stay relevant, aspirational, and authentic. The key is to innovate with purpose, always staying true to the core principles that make the brand luxurious and timeless.

Quickfire questions: 

What’s the biggest misconception about marketing in the luxury industry today?

KO: One of the biggest misconceptions about marketing in the luxury industry today is the belief that luxury brands should only focus on exclusivity and avoid engaging with modern marketing tools, such as social media, digital innovation, or AI. However, this perception is increasingly outdated. The reality is that luxury brands can, and must, engage with digital innovation and modern marketing channels to stay relevant, particularly with younger consumers like Millennials and Gen Z—but they need to do so in a way that complements and enhances the brand’s exclusivity, not undermines it.

In one word, what defines a truly successful luxury brand?

KO: Timelessness.

What’s the most exciting marketing trend you see shaping the future of luxury?

KO: The most exciting marketing trend shaping the future of luxury is Personalization through Data and Technology. As luxury consumers increasingly seek experiences rather than just products, the ability to offer deeply personalized, hyper-personalized experiences, one-to-one engagement will redefine the future of luxury marketing. In the near future, brands will leverage AI, machine learning, and customer insights to offer bespoke experiences at every touchpoint—whether it’s in-store, online, or via exclusive events.

As our conversation comes to a close, Kamel Ouadi leaves us with a powerful reminder: luxury is not just about products—it’s about emotion, storytelling, and creating experiences that stand the test of time. In an industry where exclusivity and innovation must coexist, brands that can seamlessly weave tradition with modernity will continue to thrive. As digital transformation, personalization, and evolving consumer expectations reshape the future, one thing remains constant: the brands that master the art of timelessness will always lead the way.

Thank you, Kamel!

To gain more insights into the luxury industry, visit our expert articles and interviews: https://worldluxurychamber.com/category/expert-articles-interviews/

2025 Luxury Real Estate Market Snapshot: Key Insights and Predictions by Christie’s International Real Estate

As we look ahead to 2025, the luxury real estate market continues to evolve, molded by dynamic factors ranging from shifting buyer preferences to global economic and environmental influences. The 2025 Christie’s International Real Estate Global Luxury Real Estate Forecast offers an in-depth exploration of key luxury markets around the world, highlighting emerging trends, evolving demands, and the most desirable locations for high-net-worth individuals.

In this report summary, the World Luxury Chamber of Commerce highlights key insights from 2024 and offers a glimpse into what’s expected in 2025.

To view the full report, visit https://www.christiesrealestate.com/2025-global-luxury-real-estate-forecast/

2025 Luxury Real Estate Market Snapshot: Key Insights and Predictions by Christie’s International Real Estate

Global Luxury Real Estate Forecast: Insights and Predictions for 2025

Below, the report explores the luxury real estate market across some of the world’s leading locations, offering insights into current trends and predictions for the year ahead.

USA

  • New York: In 2024, New York’s real estate market saw increased foreign investment despite presidential election-year trends, with foreign buying rising 20-30%. Manhattan remains a buyer’s market with supply outpacing demand, while luxury properties struggle due to higher interest rates. Optimism for 2025 is tied to Wall Street bonuses and Bitcoin investment shifts. “If interest rates go down, sellers will finally sell and release more inventory, which will also stabilize prices for buyers.” – Sonja Cullaro, EVP of Christie’s International Real Estate Group
  • Miami: Miami’s luxury real estate market remains strong in 2024, driven by favorable tax policies, high-net-worth migration, and its cultural and financial appeal. Tight inventory led to a 6.6% increase in Miami-Dade home sales over $1 million. In 2025, demand is expected to stay robust, with a focus on wellness and lifestyle amenities.
  • Chicago: Chicago’s luxury real estate market is experiencing strong growth, with prices rising faster than many other U.S. cities. Sales of homes priced over $4 million rose 35% in 2024. While downtown condos face challenges, the city’s affordability, arts scene, and growing financial sector attract luxury buyers.

Caribbean

The U.S. Virgin Islands saw a 17% price increase in luxury properties over $1 million in 2024, with strong demand in St. John and St. Croix. High-end villas remain popular, and while price growth may slow, rental properties will continue to be profitable. The market is expected to stay competitive in 2025.

“As we approach 2025, the St. Croix market is expected to experience further appreciation driven by a combination of factors, including global economic shifts, a growing interest in remote work, and the island’s increasing reputation as a desirable destination.” – Keleigh Rees, managing director of Islandia Christie’s International Real Estate.

Europe

  • Paris: Paris’ real estate market has stabilized, with prices 13% below 2022 peaks. While middle-market sales are recovering, luxury properties remain in high demand, with prices for €4 million+ homes rising 3%. Limited inventory and competition from international buyers, especially Americans, will continue to drive the market in 2025.
  • London: London’s luxury real estate market remains stable despite recent government changes, such as higher stamp duties and tax regime adjustments. International buyers continue to value London’s universities, culture, and financial stability, ensuring strong demand. Experts expect continued interest in 2025, despite regulatory shifts and economic uncertainty.
  • Geneva: Geneva’s luxury real estate market remains stable, driven by international demand for spacious, exclusive properties. Popular neighborhoods like Florissant and Champel, along with lakeside properties in the Swiss Alps, are seeing increased interest. With limited supply, high-end properties continue to appreciate, making the market attractive for 2025. “Demand for high-end properties remains high, but supply is limited, contributing to tension in the market and continued appreciation of prestige properties.” Maxime Dubus, managing director of SPG One
  • Dublin: In 2024, Dublin’s luxury real estate market saw strong sales, driven by both domestic and international buyers seeking rural homes near major cities. Attracted by Ireland’s stable climate and post-Brexit opportunities, demand is expected to rise further in 2025, particularly from American buyers following the U.S. presidential election.

Middle East & Africa

  • Dubai: Dubai’s real estate market surged in 2024, with $63.5 billion in sales and 80,000 transactions, driven by a booming off-plan market. The city attracted international buyers, including over 6,500 millionaires, thanks to favorable tax policies and the Golden Visa program. In 2025, branded residences and sustainable developments are expected to dominate.
  • Cape Town: The market saw a 14% rise in luxury property prices in 2024, driven by local and European demand. The city’s appeal is boosted by favorable exchange rates and natural beauty, attracting foreign buyers for second homes.
  • Singapore: Singapore’s luxury property market remains resilient despite government-imposed restrictions. The Additional Buyer’s Stamp Duty (ABSD) has cooled foreign buying but increased demand for luxury rentals. Price growth in the Core Central Region continues, while new developments and a focus on sustainability shape future market trends.

Luxury Real Estate’s Next Hotspots: Four Markets to Watch in 2025

International buyers, tax incentives, and thriving local economies are fueling demand in four emerging luxury real estate markets worldwide. From Australia’s coastline to Spain’s capital, these destinations offer a high quality of life, investment potential, and exciting new developments, making them prime opportunities for buyers in 2025.

1. Perth, Australia

Perth, Western Australia, is emerging as a luxury real estate hotspot, driven by rapid population growth, affordability, and strong infrastructure investment. The city’s western suburbs, like Cottesloe and Peppermint Grove, are highly sought after. With a temperate climate, excellent amenities, and direct global flights, Perth is attracting increasing international interest. Luxury properties range from AU$1.5-30 million, particularly in the “Golden Triangle” suburbs like Cottesloe.

2. Madrid, Spain

Madrid’s luxury real estate market is thriving, driven by a strong economy, foreign investment, and high demand. Prestigious areas like Salamanca remain popular, while new developments in Madrid Río and Chamartín are attracting buyers. Despite the Golden Visa program ending in 2025, the market is expected to continue growing.

“Demand is likely to remain strong, but investors and buyers should be mindful of fluctuations and emerging trends that could impact the market.” – Hans Veenhuijsen, owner and CEO of Christie’s International Real Estate Madrid.

3. Monmouth County, New Jersey, USA

Monmouth County is emerging as another luxury focal point with new oceanfront developments, including The Atlantic Club, offering top-tier amenities and ocean views. Proximity to Manhattan and a thriving local economy attract high-net-worth buyers, with the area seeing a 4% increase in luxury sales in 2024.

4. Albania and Bulgaria

Both Albania and Bulgaria are gaining attention for their luxury real estate markets. Albania’s pristine beaches and low taxes attract international buyers, with major developments like the luxury Farka Lakefront and Folie Village. In Bulgaria, Sofia’s market saw a 50% rise in sales for high-end homes, with a stable economic climate, low mortgage rates, and rising property values expected to continue into 2025.

“Our expectations are that the luxury real estate market in Sofia and Bulgaria as a whole will remain stable and show growth.” – Vesela Ilieva, managing partner of Unique Estates, the exclusive Christie’s International Real Estate affiliate in Bulgaria.

Timeless Appeal: Luxury Homebuyers Seek Character, History, and Authentic Design

Luxury homebuyers are increasingly turning away from modern, minimalist designs in favor of homes with unique character, historical significance, and connections to their surroundings. This shift is driven by a desire for authenticity and the emotional ties people form with places that feel genuine and alive.

High-net-worth buyers are drawn to architectural styles that reflect local heritage and the natural environment, such as Victorian and Regency styles in the U.K. and rustic timber homes in mountain regions like Aspen, Colorado. These homes often use traditional materials and designs that blend with their landscapes but incorporate modern amenities.

In some U.S. regions, such as South Carolina’s Lowcountry, buyers are moving away from the popular modern farmhouse style in favor of antebellum architecture, which evokes a sense of Southern history.

Meanwhile, in the U.K., there’s growing interest in heritage properties with intricate design elements, fueled by popular TV shows like Bridgerton and Downton Abbey.

A resurgence of interest in Frank Lloyd Wright’s homes further exemplifies this trend, as more buyers seek out his distinctive Prairie-style homes for their craftsmanship and historical significance.

Overall, today’s luxury buyers value homes that offer a unique, authentic experience, rooted in the cultural, historical, and natural context of their location. This shift represents a growing appreciation for thoughtful, experiential living spaces over uniform, modern luxury designs.

The New Standard: Luxury Homes Prioritize Security and Smart Protection

Luxury homebuyers are increasingly prioritizing security, with more high-tech systems and physical fortifications being integrated into their homes. According to a survey, over 67% of U.S. real estate agents report that security concerns are growing among affluent buyers.

High-tech measures such as AI-enabled surveillance cameras, biometric systems, radar, and acoustic sensors are becoming standard. Luxury homes also feature ballistic doors, safe rooms, and even underground bunkers in some cases. For example, homes in places like Palm Beach now use radar to monitor approaching boats, and biometric tech like facial and fingerprint recognition is gaining popularity.

This trend is not specific to the US either, with Maxime Dubus, managing director of SPG One SA in Geneva, the exclusive Christie’s International Real Estate affiliate for French-speaking Switzerland, noting: “Switzerland is at the forefront of integrating such systems, appealing to homebuyers looking for a unique blend of discretion and modernity. While biometrics are more common in the super-luxury segment, their popularity is starting to reach mainstream luxury properties, too.”

This shift reflects a heightened demand for privacy and safety, driven by concerns about crime and digital vulnerabilities. Home security has evolved into a combination of advanced technology, reinforced structures, and community-based protection, ensuring that luxury homes remain safe havens for their owners.

Climate Impact: How Changing Conditions are Shaping Luxury Real Estate Markets

Climate change is increasingly influencing the luxury real estate market globally, with over two-thirds of Christie’s International Real Estate agents reporting its impact. In response, buyers and developers are prioritizing sustainability and climate resilience in their properties.

  • San Francisco Bay Area, California: The region is adapting to rising sea levels, extreme heat, and wildfires with sustainable and resilient designs. Fire-resistant materials, energy management systems, and stricter building codes are becoming standard for future-proof homes.
  • Geneva, Switzerland: Luxury buyers are seeking eco-friendly homes with low-energy designs and sustainability certifications. Green technologies, such as solar systems and geothermal energy, are becoming common in new developments to handle extreme weather events.
  • Dubai, UAE: Dubai has embraced sustainability through initiatives like the Dubai Clean Energy Strategy 2050. Luxury buyers now expect environmentally conscious features, such as nature-inspired amenities and recycled building materials. Developments like Eywa Dubai showcase biophilic design and sustainability certifications.
  • Naples, Florida: Despite extreme weather events like Hurricane Ian, affluent buyers continue to seek property in the region. Many invest in storm-resistant homes, and the market tends to rebound with rising property values after hurricanes, as wealthy buyers push prices up.

In all these markets, climate change is reshaping both buyer priorities and building practices, making sustainability a key focus for luxury real estate.

Top Luxury Home Trends to Monitor in 2025: Saunas, Showrooms, and More

The luxury real estate market is evolving with new trends as high-net-worth homeowners seek unique amenities to elevate their living spaces. Here are some of the hottest features:

  • Car Galleries: Modern garages are transforming into car showrooms, with developments like Bugatti Residences and Porsche Tower Miami featuring elevators to bring cars into living spaces. The rising demand for luxury and vintage cars is also influencing this trend.
  • Biophilic Design: Luxury homes are integrating nature into living spaces through features like living walls, skylights, indoor gardens, and water elements. Biophilic design promotes well-being and is becoming a significant request from buyers, especially in places like Dubai and southwest Florida.
  • Art Integration: Art continues to be central in luxury homes, with buyers increasingly requesting dedicated spaces to showcase their collections. Luxury developers are collaborating with artists to curate bespoke art collections for homes.
  • Infrared Saunas: Wellness amenities, particularly infrared saunas, are becoming a sought-after feature in luxury homes. These saunas offer health benefits like detoxification and improved circulation and are expected to grow in popularity. “With each wellness treatment that becomes popular, there are homeowners looking for ways bring it into their living spaces.” – Megan Mawicke Bradley, an agent with Chicago-based @properties Christie’s International Real Estate.
  • Recreation Barns: Spacious “toy barns” are replacing standard garages to house outdoor gear like ATVs, e-bikes, and skis. These barns often include climate-controlled storage, workshops, and even lounges for post-adventure relaxation, catering to active luxury homeowners.

With rising demand for personalized, secure, and sustainable living environments, the luxury real estate market is set for continued transformation in 2025. As these trends unfold, it’s clear that the intersection of innovation, history, and well-being will define the future of luxury homes worldwide.

To read the full report by Christie’s International Real Estate, visit https://www.christiesrealestate.com/2025-global-luxury-real-estate-forecast/

Stay up to date with the latest market trends: https://worldluxurychamber.com/category/industry-reports/

Sources and quotes: https://www.christiesrealestate.com/explore/the-state-of-luxury-christies-international-real-estates-2025-regional-market-outlook-W5I2LEPVG5G4RG7PYV2ZAALHE4/

https://www.christiesrealestate.com/explore/emerging-markets-2025-luxury-real-estate-markets-to-watch-CA5IDNS27ZETJOMGB5JSW6CTMY

https://www.christiesrealestate.com/explore/the-pursuit-of-authenticity-luxury-home-buyers-are-embracing-homes-that-offer-character-history-and-a-unique-experience-HF4A5OPPXZHOLD63PNVNTIMNXE

https://www.christiesrealestate.com/explore/a-safe-investment-MFR57MYXGRCXBNRMUU4ZILLKEA

https://www.christiesrealestate.com/explore/the-climate-conversation-how-a-changing-climate-is-impacting-the-worlds-top-luxury-real-estate-markets-NGJTDABSKBHA5AEWDS7SHSE42Q

https://www.christiesrealestate.com/explore/emerging-luxury-home-trends-to-watch-in-2025-X7PKOWPH5BBEZMEYFZCC7G5AKA

https://www.christiesrealestate.com/explore/emerging-luxury-home-trends-to-watch-in-2025-X7PKOWPH5BBEZMEYFZCC7G5AKA

Exclusive Interview: Anant Sharma on Crafting Cohesive Brand Experiences in the Digital Age

Luxury brands today face the challenge of staying relevant while preserving the essence that made them iconic in the first place. In this exclusive conversation, Alexander Chetchikov, President of the World Luxury Chamber of Commerce, sits down with Anant Sharma, CEO of Matter Of Form, to explore the essence of timeless brands, the evolving luxury landscape, and the delicate balance between innovation, heritage, and sustainability. Known for his sharp insights and unconventional perspectives on luxury, Anant shares his thoughts on what makes a brand future-proof, the importance of experience design, and how the industry must evolve beyond mere status symbols.

Alexander Chetchikov: Matter Of Form focuses on working with “timeless brands” to drive innovation. How do you define a timeless brand, and what are the key elements that make a brand future-proof in today’s rapidly evolving digital landscape? 

Anant Sharma: For me, there are three attributes that define timelessness. A strong founding spirit, design as a point of competitive advantage, and (of course) long-term thinking. 

I don’t mean to state the obvious, but a strong spirit and a clear promise are key. And I use those terms over words like ‘purpose.’  

Firstly, what is your spirit? All luxury brands have been adopted as status symbols. As they have become businesses delivering at scale, in many cases, they have lost this founding spirit – their defiance of a status quo.

Often, they talk of their history and heritage, but relying on this alone will not cut it with an emerging audience. Rather, we end up seeing the world through the lens of our founding premise. Or perhaps, our founders themselves. 

Did you know that Dior had a lifelong fortune teller, Madame Delahaye, at his side? As designer Pierre Cardin noted, “He wouldn’t do anything without herLiterally nothingNothingnothingnothing.” Or that Astor was so opulent, that he gold-plated the piping in his hotels. Bugatti told a customer whose brakes failed that he made cars that go, not to stop.  

How do we re-visit this spirit and use it as a lens on the world today? 

And then, what do we promise? And how do we consistently deliver against that promise in every interaction, no matter how nuanced? Every aspect of our customer experience. Not the headline – not the metaverse, the game, or the campaign. 

The email, the scent, the turn of phrase at the point of sale. The unspoken. The unseen. The felt experience. 

AC: With customer expectations constantly shifting, how do you approach designing a seamless and meaningful customer experience for luxury brands in both digital and physical spaces? 

AS: Do less. Think about the customer experience as a choreography. A dance. How do we think of our brand not as something that lives in a brand book, but rather something that is a sequence over time and space? What are our rituals? How do we slow the customer down? What is our value exchange?  

Do we educate? Do we entertain? Do we provide escapism? Is it an aesthetic quality of a craft-led benefit we offer? Ask ourselves searching questions to help organize our creative thinking. Different priorities in different moments. 

And we need to be innovative. Too often, we confuse innovation with technology; with optimization. 

But in this age of abundance, innovation is not a quicker means to an end. Innovation (in luxury) is simply how we feel about things. 

And this is even more important as we use AI to automate not just the mundane, but parts of the creative process. 

Cohesiveness of a brand experience reinforces the promise, which in turn creates an assurance of value.

AC: You’ve been critical of the excesses in traditional luxury. How do you see the industry evolving towards more responsible, sustainable practices while maintaining exclusivity and desirability? 

AS: I think we obsess over the supply chain and forget durability. The symbolism of a thing. If something is meaningful to us, we will hold it dear. If we hold it dear, we will cherish, repair, and restore the object. 

If we invest effort in a process, through a ritual or similar, we will typically hold a level of bias toward that end. I think brands need to think about these aspects of brand experience.

A level of positive friction is important. Especially so in a world of ‘over-optimization’. 

Similarly with experiences – if we ‘slow down’ the process, an experience will become more important to us and help us connect to a culture, an environment. We will speak of it, its benefits. We will hold that experience dear. ’Luxury’ should champion this in a fast-paced world. It has a genuinely valuable role in bringing people joy and providing symbolic value.

And lastly, ‘the business of luxury’ has challenges – we have built brands on innovation then adopted by those with wealth who wish to express themselves. Brands are driven by design, by craft. Brands with effort behind them, research. New perspectives, not brazen branding. We will very quickly undermine everything if we let the business of luxury overtake the design that creates true luxury.  

The business of luxury can too often only focus on price. Things should be expensive for a reason. Not just because of their logo. There is nothing more annoying in my mind than (for example) a pair of cheap-feeling plastic sunglasses with an emblem on the side. With no sense of design, materiality – no intrinsic value.

Let’s not mention names.

AC: Your podcast What The Luxe explores unconventional perspectives on luxury. What has been the most surprising or thought-provoking insight you’ve gained from your conversations with industry leaders? 

AS: That great leaders feel a little naughty, a little like the child never left them. A little taken in by the crazy. There is an irreverent charm that is not a learnt skill.

Long may this live in a world increasingly automated.

Thank you, Anant!

As the luxury industry continues to evolve, Anant Sharma’s insights serve as a reminder that true luxury goes beyond aesthetics and branding—it’s about experience, spirit, and lasting value. His emphasis on reinterpreting heritage, creating meaningful customer interactions, and embracing innovation beyond technology offers a compelling vision for the future of luxury. As brands navigate an increasingly complex market, the challenge remains: how to remain timeless in a world that moves faster than ever?

Like this interview? Check out more expert insights here: https://worldluxurychamber.com/category/expert-articles-interviews/

WLCC Launches Luxury Education Hub with Industry-Leading Webinars

The World Luxury Chamber of Commerce (WLCC) proudly announces the launch of its Luxury Education Hub, an exclusive platform designed to educate, inspire, and elevate professionals within the luxury industry. This initiative brings together world-renowned experts to share insights, strategies, and trends driving the future of luxury.

The Luxury Education Hub’s first series of webinars features a stellar lineup of industry thought leaders, covering a diverse range of topics—from luxury retail and hospitality to consumer psychology and branding.

Some highlights include:

  • Francis Srun (May 15)Luxury Retail: How to Achieve Sustainable Retail? Exploring the future of sustainable business models in high-end retail.
  • Antonio Paraiso (June 12)The Fascination of Luxury: The Subtle Blend of Tangibility and Intangibility Delving into the emotional and psychological aspects that drive luxury desirability.
  • Alexandre Ferragu (June 18)The Success of Hermès vs. the Others (Financial Analysis) A deep dive into the financial performance of luxury brands and what sets Hermès apart.
  • Rohan Wadke (July 24)The Evolution of Luxury Hospitality – Examining how the industry is redefining luxury experiences for the modern traveler.
  • Ahmed Alajmi (TBC)Building a Luxury Hospitality Brand from Scratch – Insights into positioning a high-end brand in the competitive F&B landscape.
  • Neen James (August 28) – Exceptional Experiences™ – Reveals how leaders can transform client relationships to drive revenue growth, drawing insights from luxury brands like Ritz-Carlton and Virtuoso Travel.
  • Chris Roebuck (September 2) – In the webinar, Chris will set out simple, powerful steps you can take to create an environment where employees do their best and become proactive brand ambassadors.

Explore additional webinars below and in the following link: https://worldluxurychamber.com/development/

“This initiative represents a significant step in WLCC’s devotion to fostering knowledge and excellence within the luxury industry,” said Alexander Chetchikov, president of the World Luxury Chamber of Commerce. “By bringing together global experts, we provide invaluable insights that empower professionals to stay ahead in an ever-evolving market.”

The Luxury Education Hub aims to create a dynamic learning environment where professionals can engage with experts, gain strategic perspectives, and refine their approach to luxury business. The webinar series will continue throughout the year, covering emerging trends, consumer behavior shifts, and innovative strategies.

For more details and to register for upcoming webinars, visit https://worldluxurychamber.com/development/

Business of Luxury Summit 2025: Financial Times Live

18-20 May 2025 | Hotel Arts Barcelona, Spain | In-Person & Digital

The Business of Luxury Summit returns in 2025 to continue its deep dive into the most influential trends, economic forces, and consumer behavior shaping the global luxury market. Set against the backdrop of the stunning Hotel Arts Barcelona, this exclusive event will take place from May 18 to 20, offering both in-person and digital participation options.

In an ever-evolving market environment where aspirational shoppers are pulling back from extravagant purchases, luxury brands face the challenge of engaging with a smaller, more exclusive pool of top-spending customers. How can they pivot to meet evolving demands, from ultra-high-net-worth individuals to the emerging priorities of international markets? With pressing questions around China’s economic recovery, potential tariffs, and shifting global preferences, the summit offers an essential platform for industry leaders to exchange ideas and forecast the future of luxury.

Co-chaired by senior Financial Times journalists, the Business of Luxury Summit will convene the most influential figures in luxury business, from brand CEOs to private equity investors. Over three days, attendees will have the opportunity to participate in dynamic panel discussions, in-depth interviews, and powerful talks designed to shed light on how luxury brands are staying ahead of the curve.

The summit will also feature exclusive networking opportunities, including a champagne reception and gala dinner. These events offer attendees the chance to connect with key decision-makers, explore new business opportunities, and strengthen valuable relationships across the luxury ecosystem.

Why Attend?

  • Understand the latest trends and challenges in the luxury industry and how leading brands are responding.
  • Connect with top executives and innovators from luxury brands around the globe.
  • Discover cutting-edge insights that will help you stay ahead of the competition and drive new business opportunities.

Confirmed Speakers for 2025 Include:

  • Marc Puig, Chairman and CEO, Puig
  • Kristina Blahnik, CEO, Manolo Blahnik
  • Kristian Teär, CEO, Bang & Olufsen
  • Fanny Moizant, Co-Founder and President, Vestiaire Collective
  • Pierre Mallevays, Co-Head of Merchant Banking, Stanhope Capital
  • Aparajita Jain, Executive Director, Nature Morte Gallery

The Power of Networking

  • 65% of 2024 attendees were C-suite executives (CEO, Managing Director, or VP level), ensuring you will be engaging with decision-makers across the luxury space.
  • Networking opportunities include the summit dinner, drinks receptions, and networking lunches.
  • Achieve months of business meetings in just three days, establishing lasting connections.

Join FT for this landmark event, where the future of luxury will be discussed, shaped, and celebrated.

For more information and to register, visit https://luxuryglobal.live.ft.com/Are you a WLCC member? Access exclusive discounts on in-person and digital tickets: https://worldluxurychamber.com/events/the-business-of-luxury-summit/

Exclusive Insights: Elizabeth Solaru on Luxury Psychology, Inclusivity & the Future of High-End Branding

Welcome to this exclusive conversation with Elizabeth Solaru, luxury entrepreneur, keynote speaker, and author of The Luxpreneur. As the founder of Diversity in Luxury, Elizabeth has been at the forefront of shaping how high-end brands evolve in an era of inclusivity, digital transformation, and shifting consumer psychology.

Leading this conversation is Alexander Chetchikov, President of the World Luxury Chamber of Commerce, who will be delving into the insights from The Luxpreneur, exploring how luxury brands can truly connect with affluent clients and uncovering the key trends shaping the future of the industry.

Alexander Chetchikov: In The Luxpreneur, you explore the psychology of luxury clients and the different archetypes of luxury entrepreneurs. What are some of the biggest misconceptions people have about selling to affluent clients?

Elizabeth Solaru: One of the biggest misconceptions about selling to affluent clients is that they’re just paying for expensive products. As I stated in my book, The Luxpreneur, luxury isn’t about price, it’s about perception, exclusivity, and emotional connection.

Wealthy clients don’t buy handbags, cars, or experiences; they buy status, ease, and a reflection of their identity. Another mistake? Thinking they’re irrational spenders. In reality, affluent buyers are some of the most discerning, strategic customers out there. They expect seamless service, deep expertise, and a brand that aligns with their lifestyle and values.

Just like there are different types of luxury entrepreneurs, there are also eight distinct luxury client archetypes, each with their own psychology. A great example of how psychographics matter more than demographics is the famous King Charles and Ozzy Osbourne meme—both were born in the same year, have been married twice, and live in castles. On paper, they look identical. In reality, they are worlds apart.

That’s the key to mastering luxury—understanding who your client really is beyond their wealth, and tailoring the experience to match their mindset, values, and desires.

AC: As the CEO of Diversity in Luxury, you work towards making the luxury industry more inclusive. What are the biggest challenges luxury brands face in embracing diversity, and how can they overcome them?

ES: One of the biggest challenges luxury brands face in embracing diversity is the fear of change. Many heritage brands worry that inclusivity will dilute their exclusivity, but in reality, true luxury evolves with culture, and today’s affluent clientele is more diverse than ever.

Another issue is surface-level representation. Too often, brands treat diversity as a marketing trend such as casting diverse models in campaigns but failing to reflect that inclusivity in leadership, hiring, or product development. Luxury clients are discerning; they see through tokenism.

But here’s the irony: heritage brands were once the disruptors of their time. The fashion houses, watchmakers, and maisons we now call “timeless” became legendary because they challenged conventions, introduced bold ideas, and set new standards of craftsmanship and exclusivity. Innovation built luxury, so why should it stop now?

The key to overcoming these challenges? Authenticity and long-term commitment. Luxury brands need to invest in diverse talent at every level, from the boardroom to the atelier. They must engage with affluent clients across different cultures—not just by adapting their messaging, but by deeply understanding their values, aesthetics, and purchasing behaviours.

Luxury isn’t just about legacy though, it’s also about aspiration. A truly inclusive luxury brand doesn’t just open its doors, it ensures that those who enter feel like they belong.

AC: Your journey from entrepreneur to keynote speaker and business coach is inspiring. What key lessons have you learned about building a successful luxury brand that many aspiring entrepreneurs overlook?

ES: One of the biggest lessons I’ve learned is that luxury isn’t just about the product, it’s about the feeling and craving for your product that you create. Too many entrepreneurs I coach are always focused on price tags and prestige, but true luxury is built on experience, storytelling, and deep emotional connection, so building those relationships is absolutely paramount.

Another overlooked factor for me is around exclusivity.  Exclusivity isn’t about keeping people out, it’s about making the right clients feel like they truly belong. If you try to appeal to everyone, you end up diluting the very essence of luxury. Just like some of the most successful brands out there, I know exactly who my brand is for and, just as importantly, who my brand is not for. That’s one of the reasons I’ve been able to articulate and break down the different types of luxury clients in my book because I built my client list from the ground up.

And finally, for me luxury is built on consistency, trust, and long-term vision. Instant success isn’t real in this space. The heritage brands we admire today spent decades mastering their craft, curating their audience, and evolving while staying true to their DNA.

I suppose the big takeaway is that luxury isn’t just sold, it’s cultivated, nurtured, and protected. If you want to build a truly successful luxury brand, don’t just chase trends, just create a world your clients never want to leave.

AC: With luxury constantly evolving, from digital innovation to sustainability, what trends do you see shaping the future of luxury businesses, and how should brands adapt to stay relevant?

ES: Funnily enough, the most fascinating shift I’m seeing in luxury has nothing to do with technology or even sustainability; it’s much, much deeper. It’s psychological.

We’re watching luxury move from being about showing off to being about showing up. What do I mean? Today’s wealthy clients aren’t as interested in “look what I can afford” as they are in “look what I stand for.”

This is playing out in three really interesting ways right now.

First, provenance is everything now. Luxury clients aren’t just asking where something was made, they want to know who made it, were they paid fairly, and what’s the environmental footprint etc. I’m seeing heritage brands scrambling to retrofit this transparency while newer brands are building it into their foundation from day one.

Second, there’s this shift from transaction to transformation. Luxury clients are increasingly asking, “How will this change me?” not “How will this impress my friends?” This completely changes how brands need to talk about benefits and design experiences.

Third, and this is what really excites me, with creation tools being democratised, true differentiation comes from having a distinctive voice and vision, not just perfect craftsmanship. The brands cutting through have a perspective on the world, not just products.

For brands trying to stay relevant, it’s time to stop thinking about exclusivity through scarcity and start creating it through meaning. The question isn’t “How do we keep people out?” but “How do we invite the right people in?”

The luxury brands that will thrive understand they’re not selling things, they’re selling ways of seeing the world.

AC: You have worked with some of the most influential luxury brands. Can you share a success story where your strategies led to a significant transformation in a brand’s positioning or growth?

ES: Absolutely! One success story that stands out is when I worked with a well-established luxury brand that was struggling to connect with a younger, more diverse audience. The brand had a solid heritage, but it had become somewhat stagnant and was perceived as old fashioned by a new generation of luxury clients, many who had never even heard of them. 

I guided them through a comprehensive brand repositioning that focused on cultural relevance, inclusivity, and storytelling. We didn’t just tweak their visuals; we reimagined their narrative, highlighting the brand’s rich history while also embracing modernity and diversity. The key was blending tradition with innovation in a way that felt authentic.

We also worked on making the brand more digitally engaging, launching exclusive online experiences, virtual showrooms, and behind-the-scenes content that gave a fresh, transparent look into the brand’s craftsmanship and values. We integrated sustainability into their messaging too, ensuring that the brand’s future aligned with the ethical standards today’s younger clients expect.

The result was a 40% increase in engagement among younger, high-net-worth individuals and a stronger presence in international markets. The brand opened its doors to a whole new demographic while keeping their loyal, traditional customer base happy.


Elizabeth, this has been an eye-opening discussion on the psychology of luxury, the evolution of exclusivity, and the need for brands to go beyond surface-level storytelling. Your expertise in helping brands navigate both heritage and innovation is invaluable in today’s fast-changing luxury landscape.

Thank you for sharing these exclusive insights with us. It’s clear that the future of luxury isn’t just about prestige—it’s about purpose, perception, and deep emotional connection.

We look forward to seeing how your work continues to shape the industry!

Follow Elizabeth’s journey here: https://www.linkedin.com/in/elizabeth-solaru-1ba901/

Stay connected for more exclusive conversations with industry leaders driving the future of luxury: https://worldluxurychamber.com/insights-news/

Luxury Leadership Strategist Neen James Joins World Luxury Chamber of Commerce Board

The World Luxury Chamber of Commerce (WLCC) is proud to announce the appointment of Neen James, MBA, CSP, as its newest board member. Neen is a globally recognized leadership strategist, luxury expert, and keynote speaker renowned for her work empowering executives and luxury brands to elevate their strategies for success.

Neen brings a wealth of experience and a unique perspective to the WLCC, drawn from her extensive career working with executives, CEOs, and leaders in luxury, sales, and leadership development. As a trusted confidante and executive coach to top-level decision-makers, Neen is known for her ability to unlock the luxury mindset within individuals and organizations to drive business growth and revenue.

Her mission is to help brands speak the luxury language of their clients, enabling them to form deeper connections and cultivate loyalty. With a proven track record of delivering transformative results to high-profile clients such as Comcast, Virtuoso, Viacom, the FBI, Four Seasons, and Ritz-Carlton, Neen’s addition to the WLCC board will bring a fresh and dynamic perspective to the organization.

“I am thrilled to welcome Neen to the board of the World Luxury Chamber of Commerce,” said Alexander Chetchikov, President of WLCC. “Her expertise in leadership, luxury, and sales strategies is remarkable, and her passion for empowering executives and organizations aligns perfectly with our mission. We look forward to working with Neen to continue advancing the luxury industry and helping our members achieve phenomenal success.”

Neen’s personal journey, which began in her childhood in Australia, has been shaped by a deep understanding that luxury is about more than material goods—it’s about creating memorable experiences. She has spent her career helping others embrace this mindset, inspiring leaders to drive excellence in every interaction and elevate their brands to new heights.

“Being appointed to the board of the World Luxury Chamber of Commerce is both an honor and a responsibility I take to heart,” said Neen James. “I’m excited to bring my expertise in luxury, leadership, and client experience to the Chamber and collaborate with other like-minded leaders who are passionate about the future of luxury and driving growth in this ever-evolving industry.”

Neen James’ appointment marks a significant step for the WLCC as it continues to build a community of visionary leaders and organizations dedicated to excellence in the luxury sector.

To learn more about Neen James, visit https://neenjames.com/ & to follow Neen’s journey, visit https://www.linkedin.com/in/neenjames/

Exclusive Interview: Decoding the Luxury Industry with António Paraíso

The World Luxury Chamber of Commerce is honored to present an exclusive conversation between its President, Alexander Chetchikov, and António Paraíso, a distinguished luxury consultant and international speaker. With an extensive career spanning over 50 countries, António has worked with some of the world’s most prestigious brands, helping them navigate the evolving landscape of luxury marketing, branding, and customer engagement.

In this insightful discussion, António shares his expert perspective on the essence of luxury today and the factors shaping its future. He delves into the evolution of luxury consumer behavior, the growing influence of technology and sustainability, and the distinct expectations of old and new money. Additionally, he offers a preview of his “Make Them Dream” webinar, where he unveils a five-step formula for crafting unforgettable luxury experiences.

As the luxury industry continues to evolve, this conversation provides valuable insights for brands looking to connect with affluent clients in an increasingly digital and experience-driven world.

Alexander Chetchikov: Welcome, António, and thank you for joining us as a guest speaker at the World Luxury Chamber of Commerce! With your experience working with prestigious brands worldwide, how would you personally define the essence of luxury today, and what key factors do you believe will shape its evolution in the next few years?

António Paraiso: Thank you for inviting me.

Well, luxury is a timeless concept of a way of life, very much related to mindset, culture, and behavior, where extreme quality, excellence, beauty, creativity, details, and exclusivity are desired and sought after. Although this way of feeling and living is timeless, luxury as a concept has always evolved along with the evolution of society, and the key factors that are shaping its essence today are very much related to sustainability, technology, and experiences.

Due to social revolutions since the late 80s of the last century, luxury has also been very much democratised with the emergence of more powerful middle classes and new money. Personally, I see luxury evolving in the next decade into two different luxuries: one for old money and a different one for new money.

AC: In your upcoming “Make Them Dream” webinar, you introduce a 5-step formula for crafting engaging luxury experiences. Could you share a glimpse of these steps and explain why emotional engagement is so crucial in the luxury sector?

AP: Luxury is bought by desire and not by need. And money is not a problem; therefore, luxury clients value and are willing to pay high prices for pleasure, happiness, emotion, an exclusive lifestyle, and a sense of belonging to something that is not for everybody. When I studied Luxury Brand Management many years ago, one of my masters was French contemporary philosopher and sociologist Gilles Lipovetsky. Master Lipovetsky used to say in class that luxury and the superfluous have anthropological nature and are absolute necessities of humans in order to affirm their superiority to other animal species, otherwise, our existence would be confined to survival and conservation.

In my webinar, I debate and share real examples about the 5 drivers for emotional engagement. These are the ingredients used by luxury brands to make clients dream, and they are all connected to surprises, storytelling, experiences as well as other factors that trigger pleasant emotions to generate desire and buying behavior.      

AC: With your extensive experience across 50 countries, what are the most important cultural nuances you’ve encountered when tailoring luxury marketing strategies for different regions, and how can brands effectively navigate these differences?

AP: There are indeed cultural differences and nuances, but luxury as a mindset and way of life is a global phenomenon.

Even in different regions of the world, I have noticed that there are similarities in the behavior of old money individuals, and there are also similarities among the behavior of new money individuals in different regions of the Globe and from different cultures, however, they are still embossed by culture and traditions.

Luxury is very much impacted by culture and education, hence, cultural traditions in different corners of the World are used with elegance and refinement to add value and emotional engagement to client interactions.

And, there are also some differences in behavior, lifestyle, and desire between older and younger generations.

So, when designing luxury marketing strategies in different regions of the world, there is always a common ground related to quality, exclusivity, and emotion. But then the engagement triggers will have to be different according to the age, education, and cultural background of the target audiences that brands wish to seduce.

AC: As luxury continues to evolve, especially in attracting younger, affluent clients, what significant changes have you seen in their expectations, and what strategies should luxury brands adopt to stay relevant and connect with this demographic?

AP: There are indeed new generations of clients under 45 years of age entering the luxury market. According to research published by Bain&Co. and GWI, both Millennials and Gen Z represent more than 60% of luxury purchases, and this is expected to grow until the end of this decade.

They have high purchasing power, different moral values and lifestyles than those of their parents and grand-parents. 

In order to stay relevant and connect to these younger, affluent demographics, luxury brands are evolving to create “phygital” environments, blending technology and digital in their physical spaces, incorporating diversity and inclusion action plans, leveraging sustainability in everything they do and crafting engaging, unexpected experiences in their client interactions.

This is a challenge for all luxury brands, but they have clearly understood that they need to evolve and embrace Modern Luxury.

This thought-provoking exchange with António Paraíso highlights the dynamic nature of luxury and the importance of emotional engagement in shaping consumer experiences. As the industry adapts to new generations and emerging trends, the insights shared today serve as a guide for brands striving to remain relevant in an ever-changing market.

The World Luxury Chamber of Commerce extends its gratitude to António for sharing his expertise and to our audience for joining this enlightening discussion. Stay connected for more exclusive conversations with industry leaders driving the future of luxury: https://worldluxurychamber.com/insights-news/

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