How is the climate crisis impacting high-end stock? Will the 2024 Olympics prove monumental for the luxury sector? What innovations will shape the future of prestige? In this part of the 2024 Expert Outlook, we speak to three experts about how contemporary consumers are reimagining luxury.
Diana Verde Nieto is the co-founder of Positive Luxury, which helps companies adapt and transition to a new climate economy by assessing their ESG performance and forecasting social and environmental risks. Diana is a pioneer in ESG and a globally recognised figure in the sustainability field. She holds a degree in global leadership and public policy from Harvard Kennedy School, and she has been trained by former US Vice President Al Gore at the Alliance of Climate Protection, subsequently being honoured by the World Economic Forum as a Young Global Leader.
Alex Cheatle is CEO of Ten Lifestyle Group, a leading global travel and lifestyle concierge company founded in 1998. The company has a total of 24 global offices, delivering lifestyle concierge services in more than 30 languages in a total of 145 countries. The group offers affluent customer loyalty programmes for access to the world’s best restaurants, hotels and events and travel and lifestyle management for high net worth people. The company also releases case studies and research on affluent consumer and behaviour trends. Being CEO for 23 years at Ten Lifestyle Group, Cheatle has a deep understanding of the luxury market and also how a luxury membership programme operates.
Nonita Kalra has three decades of media experience in print and television. From 2016 to 2020, she was the editor at Harper's Bazaar India. Prior to that (2000 to 2012), she was editor-in-chief of Elle India, where she spent 13 years at the helm. Nonita’s past consultancy work includes a special beauty project with Godrej Consumer Products building a new brand (2013). In 2015, she worked with the Fashion Design Council of India for two fashion weeks. She is also part of the style collective for the Natural Diamond Council, India, and advises boutique brands on communication and strategy.
Stefan Kelly is a Senior Behavioural Analyst at Canvas8. Stefan has a background in behavioural science and psychology, and has spent most of his career researching how people form beliefs and make decisions. Now he spends most of his time trying to understand the interactions between identity, uncertainty and culture. After work, he's likely reading old psychiatry blogs, scouring 2nd hand clothing apps, or failing to get Arsenal tickets.