
Episode #23
Luxury Renaissance: Why the Industry Isn't in Crisis — It's Changing Eras
Luxury isn’t in a simple downturn. It’s moving into a new era, and the old growth model is starting to work against the very things luxury is meant to protect: craft, trust, exclusivity, and meaning. In this episode, host Emilia Simonin speaks with Éric Briones (CEO of Journal du Luxe, co-founder of the Paris School of Luxury, and co-author of Luxe Renaissance) about why the current luxury “crisis” is systemic, not cyclical. We discuss what happened post-COVID, why price-led value has triggered backlash across both affluent and ultra-rich clients, and why the industry needs to shift from desirability to resonance. If you work in luxury marketing, brand strategy, consumer insights, client experience, CRM, or luxury retail, this conversation offers a clear framework for understanding what’s changing now, and what luxury may need to protect next. Inside this episode: Why this luxury crisis is internal and systemic, not an external shock Post-COVID “XXL demand”, price inflation, and the value-for-money backlash Why both affluent and ultra-rich clients can end up feeling excluded Measuring resonance: aesthetics, store experience, value for money, cultural relevance Transformative luxury: the shift from having to being (and why longevity matters) Post-Western luxury: how supply and cultural authority are shifting beyond Europe AI in luxury: where it should stay invisible, and why it’s explosive in creativity Sustainability as value: why mastering the value chain becomes part of perceived quality CHAPTER MARKERS: 00:00 Introduction 01:33 Why luxury’s crisis is systemic 02:36 Post-COVID demand surge 04:42 Affluent clients priced out 05:19 Ubiquity kills exclusivity 07:59 Defining “resonance” in luxury 09:26 The Bottega spirit in luxury 14:47 Longevity and self-optimisation 18:41 Applying transformation to marketing 20:19 Post-Western luxury power shift 25:11 Cultural appropriation vs collaboration 26:15 AI in luxury: where to draw lines 38:09 Sustainability as value for money LINKS: Luxe Renaissance – 6 voies pour transformer le luxe (Dunod): https://www.dunod.com/entreprise-et-economie/luxe-renaissance-6-voies-pour-transformer-luxe Amazon France listing: https://www.amazon.fr/Luxe-Renaissance-voies-pour-transformer/dp/2100892487 Join the course waitlist https://www.luxeconsumeriq.com/waitlist Newsletter: www.luxeconsumeriq.com/newsletter YouTube: https://www.youtube.com/@luxeconsumeriq

