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Quiet Luxury
Quiet luxury is a lifestyle characterized by understated elegance and refined consumption, emphasizing exclusivity and discerning taste without overt displays of wealth. Other terms related to the concept include stealth wealth, old money aesthetic, or silent luxury. Definition The quiet luxury aesthetic focuses on subtle sophistication through the use of muted colours and quality materials, and an emphasis on craftsmanship and timeless design, rather than flashy logos or ostentatious branding. Although the concepts of quiet luxury and stealth wealth have been equated, there may be differences in usage. While stealth wealth connotes hiding wealth, quiet luxury connotes subtly signalling wealth. Quiet luxury has also been likened to minimalism, although more elevated and riskier, and normcore, but more polished. A related concept is " affordable affluence", where the average consumer purchases goods or services that are perceived as exclusive, yet are still affordable. Whil ...
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Loro Piana
Loro Piana S.p.A. is an Italian luxury fashion brand specialized in textile manufacturing and ready-to-wear clothing headquartered in Milan, Italy. Since its start as a merchant of cashmere, vicuña, linen and merino fabrics, Loro Piana expanded to design knitwear, leather goods, footwear, fragrance and related accessories. The company has three divisions: textiles, high fashion and luxury goods. Its core branding includes the Loro Piana family signature and coat-of-arms, depicting a European beech tree, a golden eagle, and two diagonal Stars of Italy'','' framed by flower thistles. It was founded in 1924 by Pietro Loro Piana, an Italian engineer, in the Quarona commune of Piedmont. Since 2013, the company has been majority-owned by Moët Hennessy Louis Vuitton (LVMH), a French multinational fashion conglomerate. Loro Piana is one of the largest purveyors of cashmere in the world, producing 14.8 million feet of fabric in 2012. History Originally from Trivero, t ...
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Service Economy
Service economy can refer to one or both of two recent economic developments: * The increased importance of the service sector in industrialized economies. The current list of Fortune 500 companies contains more service companies and fewer manufacturers than in previous decades. * The relative importance of service in a product offering. The service economy in developing countries is mostly concentrated in financial services, hospitality, retail, health, human services, information technology and education. Products today have a higher service component than in previous decades. In the management literature this is referred to as the servitization of products or a product-service system. Virtually every product today has a service component to it. The old dichotomy between product and service has been replaced by a Service (economics) service–product continuu Many product (business), products are being transformed into services. For example, IBM treats its business as a s ...
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Brioni (brand)
Brioni is an Italian menswear luxury fashion house based in Rome and specialised in sartorial ready-to-wear, leather goods, shoes, eyewear and fragrance, and provides a tailor-made service. Brioni was founded in Rome in 1945. In 1952, the brand organised the first menswear runway show in the modern history of fashion. The brand invented the trunk show and the Prêt Couture. Brioni opened the tailoring school Scuola di Alta Sartoria in Penne, Italia, in 1985. Brioni was acquired by the luxury group Kering in 2011. Mehdi Benabadji is the CEO of Brioni since December 2019, and Norbert Stumpfl the creative director since October 2018. The company registered the image of a polo player as its logo in 1952, over a decade before Polo Ralph Lauren began using a variation of the symbol. History Peacock Revolution The first Brioni store, a tailor menswear boutique, was established on Via Barberini 79 in Rome in 1945 by Nazareno Fonticoli and Gaetano Savini. The name Brioni is a ref ...
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Hermès
Hermès International S.A. ( , ) is a French Luxury goods, luxury fashion house established in 1837. It specializes in leather goods, silk goods, lifestyle accessories, home furnishings, perfumery, jewelry, watches and ready-to-wear. Since the 1950s, its logo has been a depiction of a Duke, ducal horse-drawn carriage. History Beginnings in the 19th century Thierry Hermès was born in Krefeld, Germany, to a French father and a German mother. The family moved to France in 1828. In 1837, Hermès first established a Harness saddle, harness workshop in the Boulevards of Paris, Grands Boulevards Quarters of Paris, quarter of Paris, dedicated to serving European noblemen. He created high-quality wrought harnesses and bridles for the carriage trade, winning several awards including the first prize in its class in Exposition Universelle (1855), 1855, and again in Exposition Universelle (1867), 1867, at the World's fair, Expositions Universelles in Paris. Hermès's son, Charles-Émi ...
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Zegna
Ermenegildo Zegna N.V., also known as Zegna Group () or the Ermenegildo Zegna Group, is an Italian luxury fashion house headquartered in Milan. It was founded in 1910 by Ermenegildo Zegna in Trivero, Biella, in the Piedmont region of northern Italy. It is led by the Zegna family and is a public company that is listed on the New York Stock Exchange. History Foundation and early years The origins of the family business date back to the late 19th and early 20th centuries, when Michelangelo (Angelo) Zegna (1859–1923), a watchmaker from Trivero, Biella, decided to open a textile factory in the nearby town of Flecchia. In 1910, three of Angelo’s ten children, including the youngest Ermenegildo (born in 1892), along with a fourth partner, Costanzo Giardino Vitri, founded Lanificio Zegna & Giardino Vitri in Trivero in the Biellese Alps. With the early departure of Vitri and one of the brothers, Ermenegildo took the helm from the beginning, joined by his brother Mario until the ea ...
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Brunello Cucinelli (brand)
Brunello Cucinelli S.p.A. () is an Italian luxury fashion brand which sells menswear, women's wear and accessories in Europe, North and South America and East Asia. The company was founded by Brunello Cucinelli in 1978. History Brunello Cucinelli started his couture house in 1978 with a specialty for Mongolian cashmere garments for women. In June 2014, owner Brunello Cucinelli, transferred the ownership of Fedone S.r.l. (which owned 61.56% of the fashion brand) to a new trust, Esperia Trust Company S.r.l., in a move to benefit his daughters and pursue his philanthropic work. In 2017, Brunello Cucinelli recorded 500 million euro in sales, 35% of which in North America. The company owns 94 of its 124 branded stores worldwide. In January 2017, the company launched an ecommerce website. In January 2018, the founder, Brunello Cucinelli, sold 4 million shares of his company (owned through his holding Fedone S.r.l.), and brought his participation down to 51% of the company's capi ...
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Brand Loyalty
In marketing and consumer behaviour, brand loyalty describes a consumer's persistent positive feelings towards a familiar brand and their dedication to purchasing the brand's products and/or services repeatedly regardless of deficiencies, a competitor's actions, or changes in the market environment. It's also demonstrated with behaviors such as positive word-of-mouth advocacy. Corporate brand loyalty is where an individual buys products from the same manufacturer repeatedly and without wavering, rather than from other suppliers. In a business-to-business context, the term source loyalty is also used.Wind, Y.Industrial Source Loyalty ''Journal of Marketing Research'', Volume 7, No. 4 (November 1970), pp. 450-457, accessed on 22 January 2025 Loyalty implies dedication and should not be confused with habit, its less-than-emotional engagement and commitment. Businesses whose financial and ethical values (for example, ESG responsibilities) rest in large part on their brand lo ...
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Sustainable Fashion
Sustainable fashion is a term describing efforts within the fashion industry to reduce its environmental impacts, protect workers producing garments and uphold animal welfare. Sustainability in fashion encompasses a wide range of factors, including cutting emissions, addressing overproduction, reducing pollution and waste, supporting biodiversity and ensuring that garment workers are paid a fair wage and have safe working conditions. In 2020, it was found that voluntary, self-directed reform of textile manufacturing supply chains by large companies to reduce the environmental impacts was largely unsuccessful. Measures to reform fashion production beyond greenwashing require policies for the creation and enforcement of standardized certificates, along with related import controls, subsidies, and interventions such as eco-tariffs. Background and history In the early 1990s, roughly coinciding with the 1992 United Nations Conference on Environment and Development, popularly ...
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The Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscription model, requiring readers to pay for access to most of its articles and content. The ''Journal'' is published six days a week by Dow Jones & Company, a division of News Corp. As of 2023, ''The'' ''Wall Street Journal'' is the List of newspapers in the United States, largest newspaper in the United States by print circulation, with 609,650 print subscribers. It has 3.17 million digital subscribers, the second-most in the nation after ''The New York Times''. The newspaper is one of the United States' Newspaper of record, newspapers of record. The first issue of the newspaper was published on July 8, 1889. The Editorial board at The Wall Street Journal, editorial page of the ''Journal'' is typically center-right in its positio ...
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Paris Fashion Week
Paris Fashion Week (, commonly ) is a series of designer presentations held semi-annually in Paris, France, with spring/summer and autumn/winter events held each year. Dates are determined by the Fédération de la Haute Couture et de la Mode. Paris Fashion Week is held at venues throughout the city. It is one of the "Big Four" global Fashion week, fashion weeks alongside New York Fashion Week, New York, Milan Fashion Week, Milan, and London Fashion Week, London. In addition to ready-to-wear shows, there are men's and haute couture shows; these are held semiannually for the spring/summer and autumn/winter seasons. The haute couture collections are always presented and exhibited before the ready-to-wear collections, with there being a total of a little over 100 collections each season. Also, every year, famous brands like Dior, Chanel, Louis Vuitton, Kenzo (brand), Kenzo, Givenchy, and Celine (brand), Céline host their shows in historical places such as the Carrousel du Louvre an ...
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Utah
Utah is a landlocked state in the Mountain states, Mountain West subregion of the Western United States. It is one of the Four Corners states, sharing a border with Arizona, Colorado, and New Mexico. It also borders Wyoming to the northeast, Idaho to the north, and Nevada to the west. In comparison to all the U.S. states and territories, Utah, with a population of just over three million, is the List of U.S. states and territories by area, 13th largest by area, the List of U.S. states and territories by population, 30th most populous, and the List of U.S. states by population density, 11th least densely populated. Urban development is mostly concentrated in two regions: the Wasatch Front in the north-central part of the state, which includes the state capital, Salt Lake City, and is home to roughly two-thirds of the population; and Washington County, Utah, Washington County in the southwest, which has approximately 180,000 residents. Most of the western half of Utah lies in ...
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Gwyneth Paltrow
Gwyneth Kate Paltrow ( ; born September 27, 1972) is an American actress and businesswoman. The daughter of filmmaker Bruce Paltrow and actress Blythe Danner, she established herself as a leading lady appearing in mainly mid-budget and period films during the 1990s and early 2000s, before transitioning to blockbusters and franchises. Her accolades include an Academy Award, a Golden Globe Award, and a Primetime Emmy Award. Paltrow gained notice for her early work in films such as '' Seven'' (1995), '' Emma'' (1996), '' Sliding Doors'' (1998), and '' A Perfect Murder'' (1998). She garnered wider acclaim for her role as Viola de Lesseps in the historical romance '' Shakespeare in Love'' (1998) which earned her the Academy Award for Best Actress. This was followed by roles in '' The Talented Mr. Ripley'' (1999), ''The Royal Tenenbaums'' (2001), and ''Shallow Hal'' (2001). She made her West End debut in the David Auburn play ''Proof'' (2003) earning a Laurence Olivier Award f ...
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