Thanks for being a part of The Promontory's first episode, "Reversal of Fortune [?]"!
COVID19 has struck a blow to Luxury production and sales, but it's not the only phenomenon driving change in an Industry that left its comfort zone some time ago. For a category built on intangible value, reinvention is a subtle art. How do the world's most coveted brands continue to capture both profits and our imagination?
I am joined by Professor Alberto Festa whose career in the Luxury Industry includes C-level roles at divisions of LVMH, including Loro Piana and, for over 15 years, at Bulgari. He is currently a consultant to Kering, the luxury group that includes Gucci, Saint Laurent and a dozen more leading brands. Since 2008, Professor Festa has taught Luxury and Fashion at universities and business schools in his native Italy and abroad.
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