7 Trends Reshaping The Luxury Industry (by @cbinsights)

 Luxury is finally getting its tech upgrade. From renting designer clothes to personalized products and lab-grown diamonds, we look at 7 trends that are reshaping the luxury sector.

The Future Of Luxury: 7 Trends Reshaping The Luxury Industry

As corporate activity accelerates and startups targeting the luxury sector emerge, we look at 7 trends that are reshaping the luxury industry:

1. Incumbent follow startups online
2. Renting luxury goods: a new frontier for incumbents?
3. Upgrading the in-store experience
4. Personalizing luxury goods online
5. New eco-friendly luxury materials
6. Startups make luxury goods authentication easier
7. Blockchain makes it easier and cheaper to invest in luxury assets