HIGHSNOBIETY - New Luxury New Rules 2024
HIGHSNOBIETY - New Luxury New Rules 2024
ANNIVERSARY
                             OF THE
                          NEW LUXURY
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                       NEW LUXURY’S
                        NEW RULES
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WHAT’S IN A RULE? 7 — 13
NEW CODES 21 — 25
NEW CREATORS 26 — 31
NEW EVENTS 32 — 36
NEW INCLUSION 37 — 41
NEW COLLABORATION 42 — 52
CREDITS 55
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In December 2018, Highsnobiety launched              This rise in the New Luxury mindset has coin-
the New Luxury report, putting                       cided with a rapid pace of change for both the
into words and building a lexicon for the            industry and the consumer. Revolving doors
seismic shifts that had been taking place            in creative directorships at established hous-
in the industry for some time. A new world           es; emerging brands led by innovative found-
with new rules.                                      ers that are growing at light speed; a rapid
                                                     rise in social-driven DTC brands; too many
The New Luxury is a mindset driven by                collabs to mention; new media platforms re-
knowledge over possession, participation             placing the old guard. And, of course, a pan-
over consumption and stories over prod-              demic that saw an unexpected surge in lux-
uct. This has become the dominant para-              ury spending, global economic and political
digm pervading fashion and lifestyle at large.       uncertainty, and an always-evolving consum-
Since coining the term, Highsnobiety’s re-           er outlook that expects luxury to meet them
search has acted as a guide for brands to            where they are.
build credibility in culture.
                                                     In short, the world has changed, and, five
                                                     years on, it’s time to update the New
                                                     Luxury’s Rules.
THE FIFTH ANNIVERSARY OF THE NEW LUXURY                                      THE NEW LUXURY 2018, HIGHSNOBIETY
NEW LUXURY’S NEW RULES                           4                                                   JULIEN TELL
                          THE CULTURAL
                            PIONEER
                       METHODOLOGY
  TO ANSWER HOW NEW LUXURY’S RULES
       ARE CHANGING, WE SURVEYED
   ~1,000 CULTURAL PIONEERS FROM OUR
    GLOBAL NETWORK. THIS COHORT OF
  CONSUMERS NOT ONLY SKEW YOUNGER,
   BUT ALSO BUY MORE LUXURY GOODS
      THAN THE GENERAL PUBLIC, AND
       THEREFORE GIVE A GLIMPSE OF
     WHERE THE MARKET IS HEADING.
                                                                                    DIESEL’S FIND THE D CAMPAIGN
THE FIFTH ANNIVERSARY OF THE NEW LUXURY
NEW LUXURY’S NEW RULES                    6                      ENVISIONED BY CREATIVE DIRECTOR GLENN MARTENS,
                                                  ART DIRECTOR CHRIS SIMMONDS AND PHOTOGRAPHER JOHNNY DUFORT
          WHAT’S IN A RULE?
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                                          48%
                                          Say “the brands I buy need to be willing
                                          to provoke people for the right reasons.”
THE FIFTH ANNIVERSARY OF THE NEW LUXURY               MIU MIU READY TO WEAR SPRING/SUMMER 2024
NEW LUXURY’S NEW RULES                    10       VICTOR VIRGILE/GAMMA-RAPHO VIA GETTY IMAGES
   IN ONE OF THE YEAR’S BEST GUERILLA
  FASHION CAMPAIGNS, BOTTEGA VENETA
    ALLOWED A$AP ROCKY ACCESS TO ITS
  UNRELEASED SPRING 2024 COLLECTION,
   RELYING ON PAPARAZZI TO DISTRIBUTE
         IMAGES OF THE OUTFITS.
THE FIFTH ANNIVERSARY OF THE NEW LUXURY            2023 LACMA ART+FILM GALA, PRESENTED BY GUCCI
NEW LUXURY’S NEW RULES                    12             EMMA MCINTYRE/GETTY IMAGES FOR LACMA
            SO, HOW SHOULD
            YOU THINK ABOUT
              THESE RULES?
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THE FIFTH ANNIVERSARY OF THE NEW LUXURY                                          PARIS FASHION WEEK STREET STYLE SS24
NEW LUXURY’S NEW RULES                              15                                      JULIEN TELL / HIGHSNOBIETY
                                               5
THE FIFTH ANNIVERSARY OF THE NEW LUXURY            LOEWE WOMENSWEAR SPRING/SUMMER 2023
NEW LUXURY’S NEW RULES                    18                   PETER WHITE/GETTY IMAGES
 CULTURAL PIONEERS ARE STILL SITTING
 ON CULTURE’S FRONT ROW, BUT CULTURE
      IS MORE FRAGMENTED THAN
          IT HAS EVER BEEN.
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We are living in a culture of the internet, a         Today, the codes and stories a brand puts
culture that is constantly reinventing itself        out into the world—its visuals, products,
by copying and repackaging old ideas. This           campaigns and content—are no longer taken
is a culture of mood boards, forever recon-          as they are, they’re adopted and repackaged
textualising and reiterating references and          into a never ending array of online mood
how Cultural Pioneers decipher and share             boards, curated IG pages and starter pack
these mood boards say how sophisticated              memes to form worlds and references
and tapped into ‘the culture’ they are.              outside a brand’s control.
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                                  NEW CODES
          FROM: DIDACTIC (BRAND NARRATIVE)
           TO: OPEN SOURCE (BRAND WORLD)
    HOW EASY IS IT FOR THE STORIES
 YOU TELL AND THE IMAGES YOU MAKE TO
    BE IDENTIFIED, DECIPHERED AND
      SHARED BY YOUR AUDIENCE?
4. 5
                    5.
                    6.
                    7.
                    8.
                    9.
                    10.
*List ranked by Highsnobiety editorial team based off the ‘New Rules’
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                    15.
                    16.
                    17.
                    18.
                    19.
                    20.
*List ranked by Highsnobiety editorial team based off the ‘New Rules’
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THE FIFTH ANNIVERSARY OF THE NEW LUXURY        AMELIA DIMOLDENBERG REPORTS BACKSTAGE FOR GUCCI AT MILAN FASHION WEEK
NEW LUXURY’S NEW RULES                    30                        PHOTO BY ERNESTO S. RUSCIO/GETTY IMAGES FOR GUCCI
                                               5
42% They’re the first to try new things / they take risks.
                   26%
                                          They say what’s on their mind and don’t worry about the
                                          consequences.
                      NEW CREATORS
                  FROM: ASPIRATION (CELEBRITY)
                  TO: ENTERTAINMENT (CREATOR)
   WHEN IT COMES TO TALENT, ARE YOU
  BUILDING INROADS TO NEW AUDIENCES
   AND COMMUNITY PASSION POINTS?
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While landmark cultural moments – the Met             Paris Fashion Week may be the event on
Gala, Superbowl, Fashion Weeks – still garner         the calendar, but the moment you actually
attention, we are in the midst of a shift to          tapped into was the Rick Owens after party,
a culture that is far more fragmented and hy-         the SSENSE dinner, or Highsnobiety’s party
per-specific than it was even three years ago.        with NTS and 99GINGER at Fête de la Musique.
We began to report on this in 2022’s Luxu-            Marquee cultural events become canvases
ry 3.0, which spoke about the rise of meta-           for micro events to take place, and communi-
communities, namely in the digital space.             ties to gather, converge, separate, and create
Post-pandemic, we are seeing this take place          their own news.
between online and offline spaces.
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THE FIFTH ANNIVERSARY OF THE NEW LUXURY            TOMMY CASH IN THE FRONT ROW AT THE RICK OWENS MEN’S SPRING 2024
NEW LUXURY’S NEW RULES                    36                                   SWAN GALLET/WWD VIA GETTY IMAGES
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                              NEW EVENTS
          FROM: SHOWING UP (PARTICIPATING)
            TO: STANDING OUT (PROVOKING)
      HOW CAN YOU STAND OUT FROM
    COMPETITORS BY CHALLENGING THE
   TRADITIONAL WAY A BRAND SHOWS UP
       ON THE CULTURAL CALENDAR?
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THE FIFTH ANNIVERSARY OF THE NEW LUXURY            DAVID M. BENETT/DAVE BENETT/GETTY IMAGES
NEW LUXURY’S NEW RULES                    41         RAIMONDA KULIKAUSKIENE / GETTY IMAGES
     ”THE NEWNESS IN LUXURY IS IN
 INTERROGATING WHAT GARMENTS HAVE
  BEEN ASSOCIATED WITH WHAT BODIES
    AND WHY AND HOW AND WHO HAS
      ACCESS TO THEM. AND THEN
           RETHINKING THAT.”
                                          Sinéad O’Dwyer, Womenswear Designer
                  NEW INCLUSION
                    FROM: INCLUSION MARKETING
                      TO: COMMUNITY BUILDING
      HOW CAN YOU ENSURE COMMUNITIES
      THAT WERE PREVIOUSLY OVERLOOKED
       HAVE A SEAT AT THE TABLE AS YOU
       PLAN THE FUTURE OF YOUR BRAND?
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  71%
of Cultural Pioneers agree that the story you
tell around a collaboration is just as
important as the final product.
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                                           COLLABORATION
                                          THROUGH ARCHIVE
The concept of “renewing the archive” is a
tried and tested format. The Year of the Sam-            78%
ba, The Year Of The 501, The Year of the Ba-
guette—products are constantly making a                 Say “I enjoy visual inspiration outside
return with full commercial and cultural                of the trend cycle (e.g. archival imagery).”
force. Yet the status quo leans heavily on a
singular product, leaving the larger archive
story as a ‘closed-room’ idea. The archive is
                                                         69%
unequivocally one of the greatest points of             Are actively following curated IG pages.
fascination for the Cultural Pioneer. So much
so that many fan-led archival accounts like
@archived.dreams and @samutaro have
emerged in lieu of inspiring brand-owned
archive platforms.
Enter concepts such as Massimo Osti Studio,
the new contemporary label celebrating the
legacy of famed Italian designer Massimo
Osti; or Pharrell’s JOOPITER, which collabo-
rates with the star’s network to sell one of a
kind archival pieces.
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                                                      65%
                                                     Agree that advertising and marketing can
                                                     be forms of art.
 57%
of Cultural Pioneers agree collaborations
between brands don’t necessarily need
to include products.
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When it comes to innovation, it’s easy to drift        Then, five years ago, a brand called MSCHF
into the cliché playbooks of “think different”         came along and through an array of official
or “just do it” type collaborations. But we’re         and unofficial collaborations made cultur-
talking about a style of innovation that shifts        ally urgent innovation their entire business
away from progress and utility towards prov-           model. Each week they manage to send the
ocation and urgency. It’s the “never knew I            internet into a frenzy with law-bending prod-
needed this” type approach.                            uct drops that live up to their name. Satan-
                                                       ic, blood-infused Nike Air Max; Tiffany &
Supreme was the brand to light the torch of            Co. Participation trophy, giant Fruit Loops—
culturally urgent innovation. Every Thurs-             MSCHF is a tour de force balancing daring
day, something surprising emerges from the             creativity with an all-star legal department.
brand. What started with skate decks and
keychains suddenly became bricks, crow bars            Fortunately, the key lesson from brands like
and money guns. Many brands have imitated              MSCHF isn’t to raise a middle finger to the
and advanced this irreverent format (with Pal-         law. Instead, it reveals a core truth about
ace probably being its most renowned                   the cultural pioneer. When it comes to fos-
successor).                                            tering new collaboration, the art of surprise
                                                       isn’t just a nice to have, it’s an expectation.
                                                       It’s about breaking away from the joint mer-
                                                       ch ventures between brands and inventing
                                                       something truly novel. Legacy be damned, if
                                                       you create something new, you will be re-
                                                       warded.
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NEW COLLABORATION
          FROM: COLLABORATION INITIATIVES
            TO: DESIRABILITY INITIATIVES
   HOW ARE YOU REIMAGINING THE IDEA
  OF “COLLABORATION” TO FUTURE-PROOF
       YOUR BRAND AND RISE ABOVE
              THE NOISE?
ECOSYSTEM. 5
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                         FROM                  TO
      COMMUNICATIONS                           CULTURE
                     STRATEGY                  STRATEGY
               MAINSTREAM                      MARGINS
                    TOP-DOWN                   PEER-TO-PEER
               PRODUCT-LED                     STORY-LED
    (BRAND NARRATIVE) DIDACTIC                 OPEN SOURCE (BRAND WORLD)
       (CELEBRITY) ASPIRATION                  ENTERTAINMENT (CREATOR)
 (PARTICIPATING) SHOWING UP                    STANDING OUT (PROVOKING)
INCLUSION MARKETING                            COMMUNITY BUILDING
          COLLABORATION                        DESIRABILITY
                   INITIATIVES                 INITIATIVES
THE FIFTH ANNIVERSARY OF THE NEW LUXURY
NEW LUXURY’S NEW RULES                    54
                       LETTER FROM THE PUBLISHER
At Highsnobiety, we have always focussed                  Whilst it is the fashion industry that is often
on highlighting the brands, creators and                  ahead of the curve, we are working during
consumers who are defining what’s next.                   a time where there is more to be learned by
                                                          looking further afield than looking at your
In December 2018, we published our first                  immediate competitors.
white paper: The New Luxury. It was a deep
dive into where luxury was heading. We dis-               Since our original report, the New Luxury
covered how, for an emerging generation of                mindset has begun to conquer other spaces
consumers, traditional boundaries and defi-               such as automotive, beauty, and the outdoors,
nitions were eroding. Suddenly, it seemed as              just to name a few.
though there was one playground made up
of different brands from different corners of             Throughout our journey, what we began to re-
the fashion spectrum. And that playground                 alize is that the New Luxury is bigger than one
was (and still is) more open than ever.                   industry. It’s not just about ‘luxury.’ It’s about
                                                          how brands build credibility in culture.
Since coining this term, the New Luxury has               It’s also about how they connect with an influ-
taken on a life of its own, becoming com-                 ential customer – the Cultural Pioneer – who
mon parlance in the fashion industry and                  is critical when it comes to driving business
acting as a north star for our business.
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                                                          forward.                                      5
Our inquiry into luxury is a mission that is              That means taking onboard new operating
never finished because as the word changes,               principles, whether that’s reevaluating your
the definition of luxury changes too. It can’t be         brand universe and considering how and
left unsaid that in the five years since our orig-        where you turn up, or looking at how a talent
inal report, the changes the world has gone               strategy builds paths to new communities, or
through are seismic, and this report captures             rebuilding a collaboration strategy that cuts
several key themes that emerged from our                  through the noise. The tasks are many, but we
conversations with the Pioneer.                           are here to guide you.
One thing of particular note is the increasing-           Many thanks to all those who contributed to
ly central role they play in evolving the new             this report, and to the wider teams who fuel
rules. The customer is no longer just that.               our research and strategy offerings, enabling
They are a creator, advocate and channel. And             us to support our clients and contribute to the
tomorrow’s consumer will play an even more                space we all love.
active role in building the universes of their
favorite brands.                                          Whatever you do and whatever industry
                                                          you’re in, please don’t hesitate to get in touch
The influence of the Cultural Pioneer – and               with one of our offices to hear more about
younger generations at large – is only grow-              how these insights relate to your business.
ing in importance every day, and brands are
seeking to future-proof their business.                   David Fischer,
                                                          Founder & CEO,
                                                          Highsnobiety
Edward Campbell
VP, New Business & Thought Leadership
Editor-In-Chief
Willa Bennett
Head of Strategy
Nina Kong
Strategy Director
James Davis
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Executive Editor                                  US
Genevieve Walker                                  Matthew Talomie, SVP Brand Partnerships
                                                  [email protected]
Copy Editor
Jake Indiana
Designer
Lucie de Bréchard
Editorial Designer
Youri Chapelle
Account Manager
Julie Barnasconi