Luxury Now and Beyond: A roadmap for the Twenties
A new era for luxury has dawned in America. Those brands weathering the pandemic storm have not only survived but thrived in the past 19 months. Companies which pivoted at speed have reaped the rewards of escalating their e-commerce businesses and gained a fast-growing new clientele.
But there are obstacles on the road ahead as customers increasingly monitor brands for qualities other than luxury. Political and social activism has gained momentum as never before. Ethical leadership and sustainable objectives are now dictating the buying power of many consumers.
With sectors from travel, fashion, jewelry and beauty in the firing line, luxury companies are under the spotlight as never before.
The 2021 Luxury Law Summit Americas was a unique opportunity for general counsel and inhouse legal teams to discuss experiences and share insights on these latest trends and challenges.
The virtual event brought together the leading luxury brands and offered unrivalled access to this niche but very lucrative legal market in a safe and stimulating virtual environment.
General counsel and speakers from the world’s leading brands including brand owners, fashion, jewellery and travel discussed the hottest issues on the agenda for luxury companies whilst luxury founders talked luxury futures and why ESG is a core requirement. The event gave a legal and business overlook on a variety of luxury sectors and challenges going forward.
Delegates also had a unique insight from Ralph Lauren general counsel Avery Fischer and his team into how the iconic brand manages its legal affairs in tumultuous times and how it is navigating the future.
From licensing to ESG, the event provided the latest thinking on regulatory risk in the business of luxury and legal updates across the Americas.