This newsletter investigates how we are rethinking the idea of home and how this translates into living spaces.
During the pandemic, people turned to homeware for creativity and self-expression as a response to being unable to do this through fashion. Luxury brands took note, and here we explore the resulting uptick in fashion houses branching out into branded décor.
Next, as the 61st edition of the Salone del Mobile kicks off in Milan, we look at the new wave of luxe design marketplaces and platforms catering for the ever-growing numbers of collectable design aficionados. Lastly, we delve into two home categories to watch in 2023: the comeback of old-fashioned table and glassware, and the heightened focus on at-home wellness.
Together, these four directions provide a snapshot of the behaviours driving the home and design sectors forward.
Marta Indeka, foresight analyst
Reflecting the growing importance of the home, luxury labels are seizing the opportunity to reach new customers by diversifying their product offering with home and lifestyle lines.
Fendi, which was the first luxury megabrand brand to enter the homeware market 30 years ago, revived Fendi Casa in 2022 with an expansive furniture line and bespoke interior design services.
Tiffany & Co is also shaking up its home offering, naming Lauren Santo Domingo, the brains behind Moda Operandi’s first home line Moda Domus, as the artistic director of the Tiffany Home Collection. Taking a different approach to branded décor, Bottega Veneta partnered with artist Gaetano Pesce to create a multi-coloured set for the spring/summer 2023 show, featuring resin-covered chairs that were later available to purchase.
Elsewhere, for the new collaborative At.Kollektive project, several fashion designers created furniture collections for the first time, including Natacha Ramsay-Levi and Bianca Saunders.
Continue the conversation: Luxury customers often want more than fashion and beauty from their favourite brands. Have your clients delved into the Dior Maison universe?
Images: Fendi Casa
‘Buying collectable furniture is a risky and atypical affair, but social media is opening up this world to a wider audience base,’ says Yu Wang, co-founder of Los Angeles-based Gallery All.
The growth of the collectable furniture market is giving rise to new marketplaces, focusing on fulfilling the niche needs of the design cognoscenti and doubling down on convenience and user experience.
An example is The Invisible Collection, an online platform where customers can directly purchase a curation of hand-made pieces by the world’s best interior designers such as Charles Zana or Charlotte Biltgen. Another is Monde Singulier, a marketplace selling exclusive collectable design from leading brands, certifying all pieces with blockchain technology. Homeware platform ABASK was created to fill the gap in the market for curated antiques and crafted goods.
Continue the conversation: Have your customers changed the way they discover and purchase collectable pieces recently? Are they aware of the existence of such platforms?
Images: Dior Maison
Generation Z are dusting off tabletop heirlooms and declaring them cool and covetable once again. Post-pandemic, at-home hosting holds more social cachet, with the hashtag #dinnerparty amassing one billion views on TikTok, and plating ideas like the butter board trend going viral. Lavish and elevated is the new hosting norm. With Gen Zers starting to purchase luxury items on average three to five years earlier than Millennials, according to Bain & Co, the once passé crystals and silvers are back on the table.
Created by artist and sister duo Laila and Nadia Gohar, Gohar World is standing out with surrealist linen, candles and table accessories such as satin bags for storing baguettes or chandeliers to display eggs.
In the crystal category, Waterford has refreshed its branding since the appointment of new creative director Alice Bastin, and Baccarat has partnered with Chrome Hearts to co-create a super-luxe collection including an ashtray, a decanter and glasses.
Continue the conversation: Check in with your clients. Have they attended – or hosted – any remarkable dinner parties lately?
Homes became multi-functional spaces during the pandemic, from offices and schools to fitness studios, often resulting in cluttered environments that negatively affected domestic wellness. Now, the notion of home as a haven is evolving to make room for restorative spaces.
Dedicated wellness rooms are becoming increasingly desirable to luxury clients, and so too are wellbeing-boosting appliances, embodied by the growing popularity of cold plunge pools.
In future, expect wellness to be built into domestic environments through concepts like Life Time Living Green Valley in Nevada, USA, a luxury fitness complex offering semi-furnished flats for fitness fanatics. In addition to a gym, pool, spa, pickleball courts and concierge services, residents also have access to weekly meal plans, personal chefs and aestheticians.
Continue the conversation: Discuss with your clients how they are elevating their wellness rituals at home. Does the concept of wellbeing-boosting features ingrained in home havens appeal to them?
Images: Life Time Living
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