As the world ground to a halt in 2020 under the grip of Covid-19, the pandemic proved the fragility of a luxury sector that’s reliant on physical spaces and the specific individuals who seek out these places, whether they be tourists heading for heritage stores, souvenir-seekers or experience-chasing itinerant luxurians. Discover how luxury consumers and brands are navigating our collective new normal.
Image credits: Carolina Carballo for The Future Laboratory
: Mas Creations by Masquespacio, Spain
More than 300 members use LS:N Global to stay ahead of the curve and keep up with tomorrow’s big changes affecting the retail industry.
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With Covid-19 having major ramifications for the luxury and hospitality sectors, brands and businesses are reassessing their priorities
In our new Luxury & Hospitality Futures 2020 report, we debut a new macrotrend, Omnilux Lifestyles macrotrend. Here we reveal the opportunity for luxury to embrace technology and become omnipresent in the lives of luxurians at a time when many remain cautious about resuming their pre-pandemic lifestyles and consumption behaviours.
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Our trend reports include market analysis, trends rising, case studies and consumer insights to help you mitigate risks and seize opportunities for luxury and hospitality success in the years ahead. Become a member of LS:N Global to access all reports.
For those of you wondering what luxury and hospitality trends are going to have the biggest impact on your business over the coming years, our Strategy team are here to help.
At The Future Laboratory, our strategic solution is a simple one: to equip you with the tools, techniques and cultural insights that allow you to navigate change, unlock opportunity and thrive in a world of continuous uncertainty.
Our strategists do this by harnessing the combined power of LS:N Global and our Foresight Research System to better understand future consumer behaviour and how you can implement these insights in ways that drive short-, medium- and long-term growth.
Find out how you can use our Strategic Services to future-proof your luxury and hospitality strategy.
Looking for ways to engage and motivate your team from the comfort of your own home? Book one of our world-class speakers to deliver a virtual presentation or workshop for your business. Discover our luxury and hospitality presentations below or get in touch to book something bespoke.
The luxury experience of the future will no longer rely on tactile human-to-human moments, but anytime attainment, anywhere in the world. In this digitally bolstered second existence, luxury is an omnipresent service.
In this presentation, we examine how the pandemic has proven the fragility of a luxury sector that’s reliant on physical spaces and the individuals who seek out these places, whether Chinese tourists heading for heritage stores, souvenir seekers or experience-chasing itinerant luxurians.
It features key trends, hard data, best-in-class case studies, consumer insight and an exclusive sector macrotrend, Omnilux Lifestyles.
The experience economy is pivoting towards personal transformation as the public imagination looks inwards.
As consumers tire of photogenic pop-ups, immersive events and mass tourism as a form of social currency, Enlightened States explores how the experience economy is set to become more introspective and personal in the next decade.
This presentation will help your brand to reconsider its role in the life of consumers by moving beyond transactional relationships, exploring new ways to help individuals simplify their lives, and looking at how to position your products and services as holistic tools that support wellbeing.
Affluent consumers are challenging what it means to be wealthy, highlighting new values centred on curiosity, flexibility and discovery.
On the cusp of a new decade, the luxury industry has hit a period of introspection, with brands and services taking stock of their position, ambitions and purpose. Meanwhile, millionaire consumersare breaking free from conventional luxury lifestyles linked to major cities, stressful workplaces or burdensome assets.
Our new Luxury & Hospitality Futures in-house presentation uncovers the insights and rising trends to help you navigate the future of luxury, from the hotels of tomorrow to new advertising frontiers.
The writers, researchers, analysts – and brains behind our research. Get in touch with our specialists if you are interested in discussing the research in more detail or if you have a press enquiry.
Christopher Sanderson is co-founder of The Future Laboratory, where he is responsible for delivering the company’s extensive global roster of conferences, media events and LS:N Global Trend Briefings, which he co-presents with the team in London, New York, Sydney, Melbourne, Stockholm and Helsinki. Clients who have booked one of his inspirational keynotes include Gucci Group, the European Travel Commission, Retail Week, Selfridges, M&S, Chanel, Harrods, Aldo and H&M.
Martin is editor-in-chief of LS:N Global, the online lifestyle news and consumer insight portal. Having written several books on trend forecasting, including The Trend Forecaster’s Handbook and The Tomorrow People, Martin contributes regularly as an expert on trends and business for the BBC, Channel 4 and ITV.
Kathryn joined The Future Laboratory in 2016, and is deputy editor of LS:N Global. Specialising in luxury, she also works on its fashion content and leads commissioning internal and external articles. She has previously written for publications including Adorn Insight, VO+, Retail Jeweller, Professional Jeweller and CityAM.
Holly joined LS:N Global in late 2016 and writes across the website, including the daily Need to Know. As well as working with brands such as Vans, Spotify and Lacoste, she’s the go-to expert on emerging consumer trends in Youth and Travel & Hospitality, and is always looking for what’s next in the entertainment industry.
Victoria specialises in future thinking and consumer research. She uses her creativity and strategic thinking to develop bespoke foresight projects for leading brands, such as L’Oréal, Spotify and Google, so that they can prepare their businesses for the future. She also regularly contributes to industry panel discussions and publications in the futures field.
Rachele plays a pivotal role in nurturing the Strategy team and developing the quality of our strategic thinking. With nearly 15 years of experience, she combines her creative background and strong commercial acumen to define and realise future strategies for brands such as Shiseido, lululemon, Jameson and The Chalhoub Group.
Louise is a creative brand strategist with 10 years’ agency experience working with a broad spectrum of clients, particularly focused on FMCG. With her creative background she uses design thinking and a collaborative approach to develop simple and innovative solutions, and identify and implement tangible outputs for brand activations, innovation programmes and strategic foresight frameworks.
As part of the Strategy team, Tamara researches and analyses consumer trends to help clients understand their future landscape. Her background in MA Material Futures at Central Saint Martins makes her naturally question what our future looks like from a social and design thinking perspective. Since joining The Future Laboratory, she has worked for a variety of clients, including Wilko, QIC, Sony, Knight Dragon, URW and Turner.
Rachael is responsible for leading research to identify and visually communicate global cultural trends across the lifestyle sectors, inspiring our clients to prepare for the future. As our fashion and retail expert, she speaks regularly at our events, and has worked on projects for clients such as Adidas and the British Fashion Council.