Redefining Luxury

You know those days when you’re inspired to dream further and work harder than you ever have? Well, Friday was one of those days for me. I got the chance to attend NYU Stern MBA Luxury & Retail Club’s Redefining Luxury Conference. The conference featured Mary Beech, the CMO of Kate Spade, the founders of Soul Cycle, and Rebecca & Uri Minkoff. While the big names drew me into the conference I honestly didn’t realize how inspiring these people really would be. 

The theme and title of the conference was Redefining Luxury and the speakers really blew me away with how their companies are completely changing the field of luxury. You’ve probably read or seen a million articles about how millennials (like myself) are spending more and more on experiences and less on actual things. With this in mind Kate Spade and Rebecca Minkoff brands have added another whole level to their businesses. The experience of shopping with these companies is like no other in that you really get that luxury experience with all that technology can offer. I don’t want to get to much into the details since I’m not an expert on all the technology, but I highly suggest learning about their innovations with this Fast Company video on RM and this article on Kate Spade. 
A luxury retail brand can really no longer be just about the product and plan to stay successful in the long run, but these two companies are way ahead of so many of their competitors. Uri Minkoff actually brought up the future of ‘personal drones’ on our wrists and how that could be used in store. I looked up what he was talking about after the event and realized it’s totally possible for this technology to be mainstream in the near future, and I won’t be surprised if Rebecca Minkoff is the first brand to use it well. 
Getting outside of the traditional luxury brand, SoulCycle’s founders spoke in a fireside chat during the conference. While I’ve been a huge fan of the company since I started going to classes this summer (thanks to Hallie), it was crazy to really delve into what has made them so successful. The truth is it was a lot of hard work by the founders and truly understanding how to create a luxurious fitness experience. 

I left the Conference on Friday feeling so inspired and rally just excited about the future of these companies (and maybe what I could potentially add to them), that I had to share these little tid bits with you all. If you have the opportunity to go to any conferences or speaker events around your school or city always always take advantage of them. I really think outside of an internship they are your best bet for helping you figure out what to do with the rest of your life and get excited about that career path!

Instagram

  • About to go buy myself a personal fan to make it through this heat wave 😰 When it comes to NYCs humid summers a loose maxi or midi is the way to go! Linked similar ones under $70 via @liketoknow.it ✨ http://liketk.it/2Dsne #whenwearstyle
  • Ate & drank my way through this past weekend including the perfect afternoon at Grand Banks ⛵️ And of course I always have my favorite @mejuri pieces layered including my newest piece the ‘Honey Necklace’ ✨ Swipe 👉🏼 for more detail! #finecrew #gifted #whenwearnyc
  • 🏙🗽NYC life is going to the most obscure Trader Joe’s to avoid lines and then sweating all your makeup off waiting for the subway while trying to to bring said groceries home 😂🤦🏼‍♀️At least I got a pretty flowers out of it 💐 Who feels me?? #whenwearnyc
  • Love traveling on the weekends, but love coming home to this even more ✨🏠 #whenwearhome .
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Slowly but surely feeling like my room is coming together! This pom pom duvet & shams were the best find for under $35! Linked exact duvet, quilt, and rugs & similar items for the other pieces via @liketoknow.it and at the link in my bio || http://liketk.it/2DbY7
  • Couldn’t have asked for a better long weekend ☀️ The perfect amount of home cooking, ice cream, and ocean time and as always it’s a little hard to leave my favorite place ❤️🌊
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Linking my outfit via @liketoknow.it ✨ My tote is under $80 and perfect for all your summer vacations! http://liketk.it/2D8RC  #whenweartravels
  • Just gonna try to live out last weekend until this next one starts 😂 Who’s with me??
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There are still a few sizes left of my top & I’ve linked this year’s version of my shoes via @liketoknow.it ✨ http://liketk.it/2D1fZ

@carolinestfrancis

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