LVMH and Tiffany have teamed up to offer apprenticeships to train the next generation of craftspeople and luxury artisans. Fostering and enhancing artisan skills could help ensure the longevity of luxury products and maintain the exclusivity and originality that HNWI customers are seeking.

Bottega Veneta has showcased its traditional artisanal craft in a short film that acts as an ode to slow luxury. The film highlights the time and care that goes into each piece, helping luxury shoppers legitimise their spending at a time when many are cutting back on non-essentials.

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.