6 Trends for 2023
Sustainable fashion by Marcia – courtesy of Nona Source
LUXURY WASTE
Global fibre production has reached record levels, but less than 1% is from recycled textiles.
While initiatives like the RCA’s Textile Circularity Centre focus on post-consumer textiles, crop residues and household waste, LVMH’s materials resale platform Nona Source reconsiders luxury deadstock fabrics and leathers from the company’s Maisons. Already utilised by some of LVMH’s portfolio, the start-up opened its first UK showroom in King’s Cross this year.
Nemo’s Garden – by Alexis Rosenfeld
UNDERWATER AGRICULTURE
According to UN research, our global population could be easily fed if we used just 2% of the oceans for sustainable farming.
In Italy, Nemo’s Garden is growing herbs, vegetables, and fruit in self-sustaining underwater greenhouses as part of a trial which has also demonstrated benefits for marine life akin to an artificial coral reef. No pesticides are needed, with natural irrigation through condensation reducing the need to tap into freshwater sources.
Atelier100 – Collection01 at Atelier100 Retail Space
HYPER-LOCAL RETAIL
Tackling both the inherent difficulties for individual and independent creatives to bring a product to market, and the need to build more resilient supply chains, Atelier100 launched an incubator programme helping designers and artists create products ‘made in London, for Londoners, by Londoners’.
Following a six-month period of mentoring and funding, The Atelier100 Retail Space now showcases a collection of hyper-local products that were designed, manufactured, and distributed within 62 miles of London.
December 2022
Art Fund
August – Making second home ownership a reality
FRACTIONAL LIVING
Previously an elite model, fractional ownership is being adopted more widely as a new route into property ownership.
In the US, Millennials are driving this trend, with the Wall Street Journal reporting a 771% increase in co-buyers with different surnames across a seven-year period.
Not confined to primary residences, fractional living is transforming holiday home ownership. August sells collections of beautifully designed homes across Europe that allow like-minded families to enjoy properties in locations that include Tuscany and the French Riviera.
Code 8 – Designing bespoke lipstick colours
CRAFT BEAUTY
The simple insight behind why Beauty is often cited as a recession-proof industry lies in the how ultimately, it is an essential rather than superficial product for many.
Personalisation in the beauty industry is not new, but brands like Code 8 is turning our elemental need for beauty into a craft experience.
Inspired by the world of art, customers are guided by a Colour Maestro to mix a personalised palette to achieve the perfect lipstick.
Remedy Place – Self-care and human connection
SELF-CARE CLUBS
In our June Spotlight this year, we reported how social wellness is often overlooked and the lowest performing of the wellness dimensions.
In response to growing consciousness of its importance, Remedy Place calls itself ‘the world’s first social wellness club’ with an estimated brand valuation of $60 million. Reframing self-care as a collective experience, the club positions itself as the new place for happy hours, dates and afterwork hangouts where you can mix socialising with ice baths and infrared saunas.
