The decline of the premium market... / by Nick Ierodiaconou

The Decline of Luxury Goods A good blog - that highlights the fact luxury goods are not immune to a recession - though worth noting that in parallel ethical consumption is expected to rise. I feel this reflects a new 'inconspicuous consumption' trend - that I suspect will be critical to the luxury/premium market.

How this inconspicuous consumption will manifest in terms of design and the nature of the product is up for debate - but the obvious polar extremes of invisible consumption and 'for-public benefit' consumption seem probable strategies.