Image courtesy of Rosewood Hong Kong

Adrian Cheng is a leading tastemaker, founder of cultural-retail destination K11 MUSEA, art collector and investor in innovative companies. Here he outlines brands catching his eye for 2023

Jewellery

Image courtesy of K11 MUSEA

Brands that bring creativity and self-expression to the mainstream always attract my attention. That is why I find L’ÉCOLE School of Jewelry Arts interesting. Starting in Paris and now expanding into Hong Kong (at K11 MUSEA, above) and Shanghai, their studios provide amazing courses for people wanting to learn and create jewellery in all forms.
lecolevancleefarpels.com

Fashion

Image courtesy of Keystone Press/Alamy

Like many others, I’m watching Schiaparelli (above, in 1978), to see what happens next. Having met creative director Daniel Roseberry and hearing about his love of savoir-faire and mixing old and new, I’m really excited to see how he continues to evolve the brand. I have a feeling there are many exciting things to come.
schiaparelli.com

Image courtesy of Reuters/Alamy/Benoit Tessier

AMI Paris is a brand to keep an eye on as it rapidly expands. I love its mix of casual and chic – it’s so great for everyday wear. The brand has a mission to make luxury fashion accessible and that really resonates with me, too. I’ve also been very impressed with its collaborations with Moncler and Eastpak.
amiparis.com

Retail

Image courtesy of Stephen Grant/Alamy Stock Photo

I’m a huge fan of Arbikie’s whisky (above), which is grown, distilled and bottled on a Scottish family farm with a 400-year history. The distillery is fairly new, and it is making waves because of its ‘field-to-bottle’ approach. Sustainability is very important to me. Plus, the flavour is second to none.
arbikie.com

Image courtesy of Keystone Press/Alamy

I’m always on the lookout for what’s hot in the tech industry. I’ve been really impressed with the London start-up VITURE. The brand’s VITURE One are XR smart glasses with a virtual screen so you can discreetly stream and game while wearing. They are super lightweight (and look just like classic sunglasses, which I like). I am a sucker for anything that combines fashion with technology.
viture.com

Image courtesy of AJL Photography Ltd/Rosewood Phuket

Asaya Wellness is a concept by Rosewood Hotels that the group is expanding across its properties, including Hong Kong. It combines therapies, meals and experiences to support physical and mental wellbeing. I may be biased, as Rosewood is family-run, but its Chi Nei Tsang treatment in Phuket, Thailand is mind-blowing.
rosewoodhotels.com

This article first appeared in the Autumn/Winter 2022/23 issue of LUX

Jane Shepherdson is the woman behind the early success of Topshop, the fast fashion behemoth where she served as Chief Brand Officer in the 2000s. After this and her subsequent role as CEO of retailer Whistles, however, Shepherdson found that her complicity in one of the world’s biggest polluting industries was overriding the joy she once found in fashion. Here, the Director of the London Fashion Fund talks to Ella Johnson about her pivot to luxury rental start-up My Wardrobe HQ, and why rental is key to bringing the fun back to fashion

LUX: You are often associated with Topshop’s success as one of the early pioneers of fast fashion.
Jane Shepherdson: I always wanted to be a buyer – to structure and create ranges without actually designing them, and to work closely with designers. I got into Topshop at the very bottom, starting in the accessories department, and moved up to the jersey department, which was the biggest. It was where you could make the biggest impact, because you had responsibility for tens of millions of pounds worth of the company’s money. We travelled an awful lot in those days, and we did not worry about the environmental aspect. It was hard to beat as a lifestyle.

Follow LUX on Instagram: luxthemagazine

LUX: When did you start to think about the environmental and social side?
Jane Shepherdson: We started our drive to better understand the supply chain at Topshop in the 1990s. We brought in a team of experts to do it, but Topshop had thousands of suppliers: it was very difficult to start establishing exactly what the supply chain was from the beginning like that.

It wasn’t until I moved to Whistles in 2008 that we really started to address the environmental side of things. We were a small business and we got to know each of our suppliers as well as we could, working with them to improve their practises. But it is still difficult to be completely sure that the factory you’re using is doing everything you expect them to be doing.

LUX: You are now Chair of fashion rental platform My Wardrobe HQ. What prompted your move to the rental fashion sector?
Jane Shepherdson: I left Whistles in 2016 because I was unsure that running a fashion business was something I could continue to do. I started looking at the possibility of creating a platform to display sustainable fashion, but I realised that I couldn’t find enough credible fashion brands that were sustainable. There is no point in endorsing fashion brands that I don’t think are any good: their practises may be perfect, but if the garment that comes out of the other end comes out as a hair shirt, there is no point doing it.

I had also just come back from a year travelling around America in Airbnb virtually every night. Fifteen years ago, you would never have considered sleeping in a stranger’s bed for the night. Now people are far more relaxed about renting apartments, cars, scooters. Why not fashion?

LUX: How have luxury brands responded to the rental proposition?
Jane Shepherdson: In the beginning, they were slow. They couldn’t see how rental worked within the luxury world, with the feeling of exclusivity. But in the last year we have started to have conversations directly with the luxury players – including Burberry, Liberty London and Harrods – because they are starting to realise that rental is not going away.

Think about it from the designer’s point of view. Most of their catwalk pieces end up just being that – catwalk pieces. The wholesalers don’t buy the avant-garde or brightly coloured pieces because they are too risky. Conversely, it has been proven that people are much more experimental when it comes to what they rent: consumers are much more likely to rent something that is covered in feathers or bright yellow than they are a black dress.

Jane Shepherdson, Chair, My Wardrobe HQ and Director, London Fashion Fund

LUX: Has that been true of your own experience of renting clothes?
Jane Shepherdson: I have spent a lifetime trying to dress myself for events, typically spending £1000 on something that was quite discreet, in navy or black, and assuming that was my sense of style. When I was first introduced to rental, however, the first thing I wore was this floor-length lilac Sharon Wauchob dress that was covered in feathers, with a matching tailored coat. Lisa Armstrong then called me one of the best dressed women of the year – the first time that has ever happened to me! It was completely different to what I had ever worn before, but it felt completely me – because I was allowed to experiment. Rental brings fun back to fashion.

LUX: Can second-hand ever be incorporated into ‘mainstream’ luxury?
Jane Shepherdson: The stigma associated with second-hand clothing is becoming less every single day. Most of our marketing and social media is really based on showing the beautiful, over the top creations that don’t look like they have come from a charity shop and are a bit more glamorous. I hope people will get that feeling and then prefer to rent a few pieces that were beautifully made that made me feel amazing, rather than have a wardrobe of cheap clothing that cost the same and they aren’t going to wear again.

LUX: Some say that rental perpetuates the appetite for newness which drives overconsumption in the first place.
Jane Shepherdson: I think telling people that they can’t do or have something is tantamount to saying to them ‘go on, do it again’. You have to find ways of allowing people to have fun, but in a different way.

Rental isn’t perfect, and I know that. There are plenty of environmental factors that I am still trying to overcome, like ozone cleaning and having to dry clean clothes all the time. But I hope it changes people’s mindset and relationship with fashion. Rental slows you down: you have to plan ahead.

LUX: How important is diversity to My Wardrobe HQ’s offering?
Jane Shepherdson: We want to be accessible to as wide of an audience as possible. That is difficult, though, because the individuals who lend us their wardrobes tend to be in small sizes. It is easier with the clothes we get from brands, because they give us a full size range. But we are continually trying to get a broader selection of clothes on the site.

LUX: Is there scope for designers to bring out collections for rental alone?
Jane Shepherdson: We have to think of different ways of doing things. I have had many conversations with [sustainable fashion designer] Patrick McDowell about how designers might do that with deadstock. If rental takes off and we get to some kind of scale, then it would certainly be a business model that designers would be happy to adopt. Think about the difference: designers selling their product to a wholesaler get back about 30% of retail price; if they rent it, they have only got to rent it out two or three times to have made more money than they are going to get from the wholesaler.

Read more: All-access rundown of Ozwald Boateng’s return to London Fashion Week

LUX: In what other ways are you seeing fashion innovate itself?
Jane Shepherdson: I am Director of the London Fashion Fund, which is funded by the Mayor’s office to find environmentally and socially responsible businesses who will be the future of fashion. We are currently looking at one business that is growing cotton hydroponically, which uses 90% less water. There is another which is looking at creating garments that photosynthesise when you wear them. They are alive, since they have these microbes, so instead of putting your jacket in a dark wardrobe, you hang it on the back of the chair in front of the window. They claim that one square metre of the cotton jersey they produce absorbs as much CO2 as a 100-year-old oak tree, and are talking to a high-street retailer about putting a collection together.

It is early days for a lot of these things, but there is so much that is happening that makes me feel optimistic. At least we can mitigate some of the damage. I am so desperate that someone doesn’t come along and say, ‘you can’t have fashion anymore: it is too trivial’. We have got to find ways.

Find out more:

mywardrobehq.com

fashion-district.co.uk

Mary Katrantzou (second from left) backstage at the 2018 Victoria’s Secret Fashion Show in New York

With a decade of successful collections behind her and a penchant for outside-the-box collaborations, Mary Katrantzou is a designer not only bursting with creativity but also with the business acumen to go truly global, as Carolyn Asome discovers

Don’t underestimate the agility required to keep up with Mary Katrantzou’s boundless curiosity, the ever-inventive ways she pushes herself out of her comfort zone, the rat-a-tat-tat of her myriad collaborations (more of which later) and fundamentally, her desire to never sit still.

Does Katrantzou, who for the past decade has wowed us with her own strand of quirky maximalism, breathtaking decoration techniques and architectural shapes, ever worry that her body may struggle to keep up with her mind? The Greek-born fashion designer (and veritable power house), who read architecture at the Rhode Island School of Design before studying for a BA in Textile Design at London’s Central Saint Martins, howls with laughter at this. “It’s true, I’ve turned 36… it probably doesn’t.”

Follow LUX on Instagram: the.official.lux.magazine

Few designers are able to confront the obstacles of growing their own business. Fewer still are able to articulate them quite as clearly as Katrantzou can – although one senses that she has always relished the challenge. Her voice lights up: “Growing your business is the ultimate in creativity. It forces you to have an understanding of the business of fashion. I don’t think you can have a company without that interest or without the ambition to be involved.”

In an increasingly volatile retail climate, what are the challenges she faces? “There are several, but one of them is having a voice that really stands out against the noise. There are lots of heritage brands with a rotation of designers at the helm. You need to really know what you stand for. I challenge myself to do that each year. You might think you have an idea of who your woman is, but it isn’t always as easy as you think it is. I am not designing for a romantic warrior…” she laughs. “Sure, she is bold and daring and she uses fashion as a tool of expression. What I design has an element of uplift, but it also has links to art and design – that is very much part of it, too.”

A look from Mary Katrantzou’s AW19 collection

The conundrum of dealing with an ever- whizzier hamster wheel of production also looms large. Thankfully, Katrantzou explains this is far less of a taboo subject than it was in the past. “Three years ago, no one wanted to talk about it and you almost closed your eyes and hoped for the best, but now other designers talk and you realise we are all in the same boat. Because obviously it is going to affect your creativity.”

Her solution? “While we have four drops annually, there are only two thematic collections a year so that means we have longer to talk about something, but we still have the newness.” Another challenge she mulls over is how to move outside ready-to-wear and use her design talent in other areas. Given that Katrantzou trained as an architect, she enjoys the challenge of looking at things from different perspectives and the creativity that comes with designing in different realms.

“We’ve tried to shift the brands in both directions: at one end offering shows at a demi- couture level and building on our customer relationships so that they can buy from us as made-to-measure or bespoke, but also, to do collaborations with much bigger global brands which allows us to reach a far wider audience.”

Read more: Photographer Thomas Demand on abstract perspectives

Katrantzou enjoys the fact that collaborations force her to think in a completely different way. “It’s an entirely different end use of a product. You can be democratic in a way that as an independent brand you just can’t be, because you can’t reach those price points or your minimums and production runs are so different. The modern brand of today needs to be reaching out to all different price points and different tiers. You are communicating with your customer but offering her a very comprehensive way of being able to buy your brand. We are doing a tenth of what we can do as we are still largely a ready-to-wear brand, but we’ve created jewellery with Swarovski, and done a small homeware range with a friend, Brigitta Spinocchia Freund. We’re also doing a ballet at Sadler’s Wells with Russell Maliphant and music by Vangelis, which is obviously so different from what you get when creating the costumes for the Victoria’s Secret show.”

The designer’s interesting collaborations – ones which challenge the well-trodden formula of designer/highstreet unions – are what caught the eye of Chinese investor Wendy Yu, the 28-year-old who has earned herself the reputation as China’s unofficial fashion ambassador.

Mary Katrantzou with Wendy Yu 2017

Two years ago, Katrantzou took investment from Yu. “I’d noticed and loved Mary’s capacity and talent to expand into different product categories along with her infectious energy and drive,” says Yu. “She’s built a brand with a strong and unique identity. I can see the potential of Mary Katrantzou homeware and beauty… I think the Chinese consumer would really buy into the brand at this lifestyle level too.”

Yu was one of three who came in on a ‘family and friends’ round of investment. For Katrantzou, the idea was also to look at what investors could offer aside from the financial support. “Wendy has been helpful with expanding in China. She is someone who understands how to help build a brand between east and west, between fashion and the arts.” Katrantzou has also learnt that in order to create awareness in China, it takes much more than just visiting once a year. It’s visiting regularly and initiating activations that really engages.”

Despite following a wholesale model, Katrantzou finds that clients come to her, season after season. “It’s rare these days to have a really loyal client. I don’t know what it is about the brand that elicits that loyalty but whatever it is, I don’t take it lightly.” This modesty is typical of Katrantzou. Such is her talent that she has clients who own so many of her clothes, they might easily stage a retrospective of her collections. It is telling that one of her most devoted fans is also one of the biggest collectors of Phoebe Philo’s collections at Celine – “our aesthetics couldn’t be more opposite” – and yet, there is something about the power of Katrantzou’s craft, the detailing and point of view that elicits such fandom.

Katrantzou and friends at London Fashion Week, 2016

Last September, Katrantzou celebrated her tenth anniversary, filling Camden’s Roundhouse with a collection all about collecting and collectables. Instead of a ‘best of ’ tribute to the preceding decade, she riffed on philately and entomology. One gown resembled a Fabergé egg gleaming with crystals, while a bustier dress revealed an array of coloured stone rings within a jewellery box.

Read more: Why LUX loves the New Perlée creations by Van Cleef & Arpels

Her most recent collection was based on the elements – earth, air, fire and water – and how they exist within us. “I wanted to explore the fire – when you have that energy and passion; or air when you feel that sense of being light and free. And it was interesting to distil all of that into a collection as it was so abstract and unlike my previous collection, which was more literal and very object driven.”

A look from Mary Katrantzou’s AW19 collection

For water and air, Katrantzou explored silhouettes that were weightless, either in organza or tiers of ruffles, which “bounced in a cloudy way, or else we used feathers”, experimenting with materials and techniques that haven’t been explored before.

Today, there are 25 people in Katrantzou’s London studio and her label is sold in 50 countries. “Our strongest markets are in the US, the UK, southern Europe, the Middle East and now China,” she says. “You know you appeal to a certain type of woman, and while I’m not saying an archetypal woman, they do have something in common. And we don’t have to be big in the Nordic countries if we are not selling there.”

Increasingly, Katrantzou is thinking about how she fits into the world around her: what she stands for and how that extends to bigger topics. “Luxury for me is knowing you are not harming your environment, knowing that the pieces you create will last in someone’s wardrobe for ever. I find it interesting that clients increasingly come to me and say they want to spend x amount on this one dress rather than buy 20. There’s a return to craftsmanship, pieces that are made by hand. With demi-couture, you are supporting a more analogue approach to fashion. It isn’t a big percentage in terms of how many commissions we get, but it is a sizeable part of the business… and it’s growing.”

Find out more at: marykatrantzou.com

This article was originally published in the Summer 19 Issue.

Exterior render of the new One Monte-Carlo residences in Monaco

The new One Monte-Carlo development could just be the swankiest place in the world for you to hang out with your money, your trophy spouse, and your Ferrari

Wander to your living room window, glass of Cristal in hand, open the balcony door and step out into a view of the Casino de Monte-Carlo, and beyond it, the Mediterranean. Feel the need for an emergency handbag? No problem, a flagship Louis Vuitton is just downstairs.

Follow LUX on Instagram: the.official.lux.magazine

Welcome to One Monte-Carlo. To call the development, created by Richard Rogers, the celebrated British architect, and Bruno Moinard, ‘interior architect’ to the stars, lavish would be a dramatic understatement. Built next to the Hôtel de Paris on Casino Square, and opened amid much champagne this spring, One M-C bring new heights of extravagance to a principality not exactly unknown for its swanky places for you and your money to live.

Render of One M-C residences and public space

Designed by Richard Rogers, One Monte Carlo houses 37 luxury apartments and dozens of retail stores

Moinard, responsible for the contemporary yet warm interiors of luxury temples such as the Plaza Athénée and Château Latour, tells LUX that, “in line with the vision of Monaco’s future, we used materials that give life and humanity to this exceptional project”. Combined with Rogers’ curvaceous forms, this gives One M-C a sense of the mountains overlooking the city. Some of the principality’s bland 1960s apartment blocks must now be feeling ashamed of themselves.

The catch? You can never own in One M-C: the apartments are available for long-term rental only, and most have already been snapped up. Worth selling your LaFerrari for a year’s rental? We would.

Find out more: montecarlosbm.com/en/hotel-monaco/residences

This article was originally published in the Summer 19 Issue

From left to right: fashion designers Mei-Hui Liu and Anne Sophie Cochevelou, stylist Daniel Lismore and Sue Kreitzman pictured at Bicester Village

Today marks the beginning of luxury shopping destination Bicester Village’s springtime campaign featuring artists and designers from East London

If you happened to be at Marylebone Station this morning in London, you might have noticed a gathering of vibrantly dressed individuals waiting on the platform for the next train to Oxford. This was the starting point for artist and designer Sue Kreitzman‘s ‘Colour Walk’, which led a group of East London‘s creatives deep into the heart of Oxfordshire’s countryside and along the paths of Bicester Village.

Follow LUX on Instagram: the.official.lux.magazine

The practise of ‘colour walking’ is to encourage like-minded artistic people to dress up in as many colours as possible, and meet to walk and discuss ideas; usually beginning in Old Spitalfields Market, today’s walk kicked off a new artistic campaign at Bicester Village. Inspired by artist and LUX contributing editor Maryam Eisler‘s book Voices East London , ‘Spring Fever’ aims at supporting the work and practises of artists and designers from London’s East End. Amongst those involved is artist turned fashion designer Meihui Liu, whose pop-up art-inspired concept store will feature limited-edition artworks by the likes of ‘post-it poet’ Andy Leek (the man behind the ‘Notes to Strangers’ series), French fashion designer Anne Sophie Cochevelou and celebrity stylist Daniel Lismore.

Read more: President of LEMA Angelo Meroni on business with a soul

Meanwhile Bicester Village itself has undergone a transformation, with a VIP building resembling the club lounge of a particularly luxurious hotel. Shoppers can relax in marble-swathed private rooms while being served cocktails and snacks by butlers; fruit bowls overflow and the experience is enhanced even further by the hands-free shopping service that is also offered, meaning you can wave your Amex Black in Prada and Dior and have the butler carry your bags back to the lounge, where you can sip a glass of champagne before reluctantly setting out for home. LUX loves.

For more information on the upcoming events and experiences visit: bicestervillage.com

The Canary Wharf Estate is now one of London’s most recognisable views

Once an industrial dockyard, Canary Wharf Estate is now home to London’s most famous skyline of angular glass towers, but thanks to the vision of property developer Canary Wharf Group, it’s also a highly desirable residential area with a thriving Arts + Events programme, high-end dining options and plenty of luxury developments underway. LUX speaks to the group’s Managing Director Camille Waxer about creating a lifestyle destination, the importance of public art and her vision for the future

Canary Wharf Group’s MD Camille Waxer

LUX: What’s your vision for Wood Wharf as Canary Wharf’s newest mixed use district?
Camille Waxer: Our new district is designed to provide a residential led, mixed-use, waterside community defined by the quality of its public spaces, the diversity of its activities and its exemplary architecture.

The finished development will have the buzz that currently exists at Canary Wharf complemented by the tranquil setting of waterside living. Boutique shops and neighbourhood restaurants will be part of a thriving community with entertainment and leisure activities within the gardens, parks and squares and along the waterside boardwalks that line to the north and south side of Wood Wharf. As with Canary Wharf, art will be an integral part the community, in addition to a gallery there will art dotted throughout the development. There will also be a primary school, nurseries, GP surgery and play spaces for children.

Follow LUX on Instagram: the.official.lux.magazine

LUX: How do you select retailers for Canary Wharf? Have you noticed an increased demand for independent businesses or are high street names still dominant?
Camille Waxer: Initially the vision for the retail and food and beverage provision was to serve the working population but it was clear from very early on that the area wanted more, we started out with 6,000 sq ft of retail space and we now have over 1 million sq ft and Canary Wharf has become a destination. We evolved and we will continue to develop to meet the needs of the many visitors who come here – we regularly survey our visitors in the malls to deliver the shops, cafes, restaurants, services and amenities that people want at Canary Wharf. Our aim has always been to deliver what our customers want; it is a simple yet winning formula. Know your market, both with the retailers and your shoppers and your customers will become advocates for what you do.

The current trend is for independents which we love, there are some really interesting brands coming through but we need high street retailers as well, you need the mix. Our choice of retailers – whether they’re independents or high street names – will continue to increase, with the addition of new brands, particularly in food and leisure, and health and fitness. We recently launched Wharf Kitchen – a street food market where we bought together seven independents together and The Ivy, Polo Ralph Lauren, Peloton and Claudie Pierlot have also opened recently.

A crowd enjoying Nashville Meets London music concert in Canada Square Park, Canary Wharf

LUX: With Arts+Events, retail and dining, Canary Wharf has transformed in feel; it’s now much more than just a business district. How do you create a lifestyle destination?
Camille Waxer: We have 120,000 people working here each day and another 150,000 people visiting daily so it is important to create a place that people like. Our approach from the design of our master plan over 30 years ago through to what you see today and will continue to see in the future is centred on our belief that it is the consideration and integration of every part of this development that makes it the incredible place that it is – everything from the smallest detail to the largest of buildings.

We not only want to create exceptional buildings like our flagship residential building, One Park Drive, designed by Swiss architects Herzog de Meuron, but also an incredible environment for all of our visitors to enjoy. From the outset, public realm has been key to our development. We put our shops underground so we could put parks above them. When you walk around Canary Wharf you’ll will find buildings designed by globally renowned architectural practices surrounded by beautiful and award-winning gardens, parks and squares – all complemented by a culturally inspiring arts and events programme.

Read more: Why you need to see Alberto Giacometti at Guggenheim, Bilbao

LUX: Why it is important for an area to have Arts+Events programmes and what do you think are the most effective ways of building/creating a community feel?
Camille Waxer: From the outset we had a cultural masterplan that included a fully curated programme of day and evening events and activations throughout the week. The culture is the glue that holds Canary Wharf together, without it we would be like every other development.

Our year-round Arts+Events programme delivers over 200 diverse events each year, designed to offer something for all tastes, there is everything from music concerts, comedy nights, family and community shows to food markets, sporting events, dance and theatre – all free to attend. We work with many of the world’s leading art institutions yet crucially we also work with small, local community groups who are part of the fabric of our Estate. The sense of community that you feel when visiting Canary Wharf comes from the people, whilst the developer can create the place it is the people that will make it a community and we recognised this from the very beginning.

Our events are designed to appeal to audiences of all ages, from the local area and beyond and through our events programme, people engage, interact and enjoy their time at Canary Wharf. In January, we have our fantastic Winter Lights Festival which runs for 10 days and has become a must see event in people’s calendars.

Here and above: installations from the 2018 Winter Lights display in Canary Wharf

LUX: Canary Wharf Group has an impressive public art collection which includes work by Henry Moore and light artist Bill Culbert. What purpose do corporate collections serve?
Camille Waxer: Art is in our DNA and has been integrated in to the built environment from the very beginning. We have always been driven to provide a destination that has a positive impact on those who use it – the office occupiers, the local community and visitors to our Estate and for us art plays a huge part in this. Our corporate collection serves the local and wider community, it is accessible, and most importantly located in places where it can be seen and touched. The art that you see throughout the Estate has helped to create a sense of place.

Canary Wharf is now home to one of London’s largest collections of public art with over 70 pieces of art across the Estate, new pieces are added to the permanent collection each year and we also host a temporary exhibition programme that champions emerging and local artists alongside more well-known artists. Our CEO and Chairman Sir George Iacobescu, CBE is the force behind the collection and I feel privileged to work with him on it.

LUX: In 2013 you launched Level39, a tech community offering expert mentors and workspaces. How does this scheme work and where did the idea come from?
Camille Waxer: With London emerging as one of the world’s leading centres of technology innovation – we launched Level39, a community and co-working space for startups and scale-ups situated in the heart of Canary Wharf. It is now home to 200 ambitious companies and has grown to become the leading fintech – financial technology – hub in the world and the largest concentration of cyber security startups in the city.

The community has helped change the Canary Wharf from a predominantly financial services district to a more technology-focused community.

LUX: What’s the greatest challenge in managing a 97 acre site with a service charge budget of over £90m?
Camille Waxer: I can only respond in saying that we have the most amazing team of dedicated people working for Canary Wharf Group. Yes we have challenges yet we are a very well-oiled machine, with a huge amount of expertise and experience.

We are all exceptionally proud of everything we have achieved, there are challenges as with any organisation yet they are dealt with as a team and as a result it is a joy to manage the Estate even with the challenges.

LUX: When Southbank Place completes in 2019 what can we expect to see?
Camille Waxer: Southbank Place has been one of the most talked-about developments in London since it was first announced, and I believe that it will really change the landscape of the local area once complete. The location is so central and such a great cultural hub, I can’t wait for us to be part of the community with merging our own arts and events programme with the surrounding venues.
Some of our shops have already opened Gail’s Bakery, M&S and Boots to name a few. The independents will follow. Southbank Place is just the start of the revitalisation of this area of London.

Read more: Philippe Sereys de Rothschild on fine wine & supporting the arts

LUX: How do you make sustainability a priority whilst trying to meet consumer demands?
Camille Waxer: Sustainability is an integral part of our strategy to shape Canary Wharf as a city of the future. With our new residential developments our Estate is evolving; from a place to work in to a place to live. And we know consumers want a more sustainable planet/environment.

On World Environment Day, June 2018 we launched ‘Breaking the Plastic Habit’, a 12 month programme designed to remove single-use plastics across the Canary Wharf Estate. As part of this programme, we have committed to becoming the world’s first commercial centre to be accredited with ‘Plastic Free Community’ status in partnership with Surfers against Sewage, a national marine conservation and campaigning charity. This is something that we are passionate about with the volume of food operators we have and it is our responsibility to do something about it.

LUX: Can we expect to see changes in consumer buying in the next ten years and will this affect leasing and retail spaces?
Camille Waxer: The retail market continues to be challenging. However, there is still a huge demand for retail stores as consumers continue to want to enjoy retail experiences within physical store environments. The trend at the moment is for independent operators and it is wonderful to see the talent emerging, I sit in many meetings and I think wow that takes guts to give it all up to open up a food stall. A blend / mix of independents and high street is important.

Visitors enjoying Pimms being served for the Wimbledon tennis screening in Cabot Square, Canary Wharf

LUX: What do you consider your biggest achievement to date and why?
Camille Waxer: My biggest achievement is the time that I have spent here. I have been working at Canary Wharf Group for 28 years, I have been part of realising our vision for a master plan that was completely new to London – the creation of a purpose built, district designed to respond to the needs of its users in an area that was unused and suffering from high levels of dilapidation and unemployment following the closure of the docks.

The early days were some of my favourite moments, at the time there were few believers in what we were doing but look at where we are now; we have gone beyond what anyone thought possible, we haven’t simply created a district we have created a destination – Canary Wharf is vibrant and thriving with over 49 million people visiting our malls each year. We have contributed to the regeneration of a large area of our city. It doesn’t get much better than this!

The passion and collective hard work of the team here is very inspiring. This is not a job for me, it is a pleasure.

LUX: When you’re not leading the group’s retail efforts, how do you like to spend your time?
Camille Waxer: My daughter and my husband play golf so I walk the courses with them which is pretty much every weekend and once a year I get my own clubs out but frankly that is probably once too many. I love going to the theatre, art galleries, dabbling in property development and sitting on the dock at my friend’s cottage in the lake area outside of Toronto; just enjoying the moment, it is magic.

Find out more: group.canarywharf.com

The Four Seasons Hong Kong towers over the exclusive IFC mall complex in Central, the heart of Hong Kong, and has spectacular views over the water to the Kowloon side of the city

Why should I go now?

Summer is hot and steamy in Hong Kong and traditionally a stopover in this most exciting of Asian cities at this time of year involves spells of freezing inside air-conditioned rooms and baking while strolling the streets of Central in search of dim sum, art, or cocktails. Stroll out to the pool terrace of the Four Seasons, though, and you are greeted by a very refreshing alternative: two huge outdoor pools with an extensive terrace, made of beautifully carved marble, with views across the sea to the mountains of the New Territories. Ferries, speedboats and bigger ships waft through the harbour beneath you, and you are at once in the very heart of Hong Kong, and in a resort hotel on an island in the South China Sea.

Follow LUX on Instagram: the.official.lux.magazine

What’s the lowdown?

For further relaxation, turn left just indoors from the pool area and you are in the vast spa zone, where you get your own butler to tend to your every need and show you around (it’s easy to get lost between wet rooms and plunge pools and treatment suites and relaxation rooms). A tip: take your treatment in the evening, when the whole city seems to surround you with a light show reflecting off the waters of the Harbour. We do this just before setting off for the airport for our overnight flight back to London, and it’s the most spectacular way to get a treatment in any city we have seen.

The infinity-edge pool is equipped with underwater speakers

We also recommend getting a room with access to the Club Lounge on the 45th floor; this takes the concept of such a lounge to another level, with endless dim sum, afternoon tea, Ruinart Blanc de Blancs champagne on tap and a mesmerising view. You’ll have no reason to visit the hotel’s Blue Bar on the ground floor, which would be a shame as it is surprisingly funky – no old-style Four Seasons wood and leather here – although the view is at ground level.

The hotel’s two Michelin star French restaurant, Caprice

The Four Seasons is located at one end of the prestigious IFC mall and tower complex, meaning it also hosts two of the city’s (and by extension, greater China’s) most significant power venues for lunch and dinner, Lung King Heen and Caprice. We loved dining in the private room (with private chef) at Sushi Saito with some of the butteriest nigiri outside Tsukiji Fish Market.

Getting horizontal

Our bedroom looked out over the Harbour and Kowloon; at night you could stay up for hours looking at the lights, and this was a distraction as the capacious desk was located right by the window. The things we suffer in the name of research. Everything else was Four Seasons-correct, from the vast, bright, marble-clad bathroom to the huge bed and array of amenities.

Read more: Former Cognac warehouse becomes luxury hotel, Hôtel Chais Monnet

The luxurious bedroom in the presidential suite

Flipside

If there’s a summer storm, the rush for drivers and taxis outside the hotel and IFC complex in general can mean it’s a little congested outside; but you can, in fact, walk almost anywhere within Central Hong Kong from the hotel by strolling through a series of interconnected (and indoor) luxury malls.

Rates: From 4,092 HKD (approx. £400 / €450 / $500)

To book your stay visit: fourseasons.com/hongkong

Darius Sanai

Louis Vuitton’s strategy to overcome consumer inertia is to develop products, such as this from their 2017 pre-fall collection, which stand out as one-offs

The nature of luxury is evolving fast. Producers and consumers should wise up to the emerging multi-level landscape and never forget the power of the right kind of celebrity, says our columnist Luca Solca

Luca Solca

True luxury is about projecting the impression, or even the illusion, of exclusivity. That is what luxury is about. If you can do that from an accessible price point and if you can do it at a very high standard, that is good enough to be true luxury. What it takes to maintain this perception of exclusivity is interesting, because nothing in the modern luxury industry is really exclusive. If it were exclusive, it wouldn’t be an industry. We are talking about businesses that have to grow fast, and growth is the exact opposite of exclusivity. And true luxury is very subjective. True luxury for Bill Gates is buying a set of Leonardo da Vinci drawings, true luxury for middle class consumers is buying a Hermès handbag – there are a million shades of difference between one definition and the other.

Follow LUX on Instagram: the.official.lux.magazine

This is what I have previously referred to as the megabrand bathtub: we have a big bathtub and the tub is producing new consumers coming into the megabrand market. New consumers, especially if they are rich, stay in the megabrand bathtub to the point that they realise that middle-class consumers buy the same brands that they do. Then they either trade up within those brands, or they trade up to more expensive brands that they perceive to be more exclusive.

This is also going to be compounded by what I call the category spend shift in which rich new consumers will go through various categories and at some point, they will have so many products in their wardrobes that they will start spending money on something else. Which leads to the discussion about experiences – going on exclusive holidays and sending their kids to universities in England or colleges in Switzerland, buying second homes and holiday houses and then buying planes to reach them.

Louis Vuitton Autumn/Winter 2017

I think as consumers get closer to what an established rich person does and is, then they tend to spend less on luxury goods products, not more. There is a fundamental misunderstanding that luxury is for the rich. Luxury goods products are for people who get richer. They go through a time when they splurge and they have to buy their products necessary to fill their wardrobes and then they go into replacement mode. I think that many Chinese consumers, many of whom were early adopters, have now moved into replacement mode already. The reason why we are all talking about the shift from gold to steel in watches, and lower entry price points, is because luxury goods today are predominantly relevant for middle-class consumers. The bulk of the new growth is coming from middle-class consumers who may have a lot of ambition and desire but only limited spending power. They buy cheaper and less exclusive products than their earlier peers. The consumption of luxury goods does always penetrate down a market from the top, though. You start with the richest consumers, then you work your way down to the middle class, which is where we are today in China.

Read next: President of LVMH watch brands Jean-Claude Biver on luxury’s new culture

At the top, there is a small number of people who need to have very special services and products specifically for them. And new consumers have upped their learning curve. They buy more frequently than established consumers and therefore their experience grows faster. New consumers also have more sources to learn about their purchases, via social media and the internet, than used to be the case. Far from being a market where consumers are just shifting to high-end brands, which was the case three to four years ago, in today’s market even if you are in the high end, you are doomed if you stay static. If you just sell iconic products, consumers who have been in the market for a while will have already bought them. They will only part with their money if you give them something that they don’t have. That’s why there has been a race to replace directors; and why Gucci has totally thrown away the past and moved on to new aesthetics, taking a huge risk, which is proving successful. And this is why Louis Vuitton, by the way, is successful – because it developed cleverly isolated ‘in your face’ products that have infiltrated the market with capsule collections.

exane.com

Joe Sitt, President and CEO of Thor Equities

Joseph Sitt, President and CEO of Thor Equities, sits atop a luxury property, retail and advisory empire that straddles the western hemisphere. His company owns and develops prime retail property throughout the US, as well as Latin America and Europe. The portfolio and development pipeline of the New York-based company, which he founded in 1986, is in excess of US $18bn.

He is also known as something of a luxury visionary: unlike many property companies, his firms (he also runs Thor Retail Advisors, a leading retail agent and consultant; and others) work closely with fashion and luxury brands to ‘place make’, transforming the areas they are based in. Like LUX, he also believes in mixing high luxury with creative emerging brands to create an atmosphere of discovery as well as indulgence. LUX Editor-in-Chief Darius Sanai caught up with Sitt on one of his whirlwind visits to London about the rise of LA, Mexico, and the future of luxury retail.

LUX: Tell me about the rise of LA as a destination.
Joe Sitt: There is physically no more room in San Francisco for office space and for homes, for rental buildings and retail. So, much of that industry is migrating to LA because it’s also on the coast and it’s got better weather. It’s also got more culture and things happening, so there is a lot of migration there, and a lot of wealth being created in LA. And you are getting a lot of second home owners (from the San Francisco area) who are buying in LA.

Between the businesses migrating their technology and the second home owners there, the revitalisation and reactivation in LA is tremendous. You can see also that new restaurants are incredibly successful. And it’s not just coming into LA proper. It’s also coming from down below for example into Santa Monica and Venice Beach. You have tech companies like Snapchat whose headquarters are based over there.

The other aspect of it is the creative industries in LA. Some real fashion is coming out of there for the first time in quite a while. Secondly, the movie industry. For the first time the movie making business is a real profitable business for film makers, writers – salaries are going up tremendously for all of them and for anybody affiliated with the industry.

The tech industry has so much wealth and power and it has the “funny money”, because their stock prices are so high; for example the FANGs – Facebook, Amazon, Netflix and Google – their stock prices are so high that they are throwing money very aggressively at almost anything. And that is crossing with the fact that the biggest thing that all of those tech companies need, and that they don’t have the ability to do within their tech shops, is actually content.

So now what you have is, if someone is making movies in LA you actually have a shot at a bidding war between Amazon, Netflix, etc. Even Snapchat have announced that they want to be buying and delivering content. That’s creating a really exciting time for the LA market for the people in all forms of the creative industry. A combination of wealth and creatives.

LUX: And in parallel the visual arts has revived there in the last 10 years.
Joe Sitt: Yes. For example, my friends at the [Helly] Nahmad gallery, who are the largest owners of Picassos in the world, now see how many people are coming from the West Coast to consume their products in New York. So they are opening their third outpost: they’ve got London, New York and are now looking to the West Coast. You’ve got [Larry] Gagosian who’s got his New York Gallery, he sees where the zip codes are where he’s shipping his product to. So while people are opening up shop in San Francisco, to get to the wealth proper a lot of them are really looking to the arts district in LA.

Read next: Japanese restaurant, Sake No Hana brings blossoms to Europe 

LUX: Do you see the emergence, despite Donald Trump, of LA and Mexico emerging as one entwined retail and luxury zone?
Joe Sitt: Very much so. I look at Mexico as a big new frontier in luxury fashion. A tremendous amount of wealth has been created in that country. In terms of those people who think that Donald Trump’s policies are going to hurt Mexico…I will throw you a curveball and show you how he’s actually getting the opposite result from what people think would happen and perhaps what he intended. I will give you two examples.

One, is in terms of the border in terms of trade as well as in in terms of immigration and how they actually play out. Sometimes when you shoot a bullet when it comes to policy you don’t know who the victim is going to be. The trade announcement forced a tremendous amount of devaluation in the Mexican Peso. The Peso went from around ten pesos to the dollar ten years ago to twenty two recently; so about half. The net result of doing that was making Mexico as a country and as an exporter more competitive.

As a result of making them more competitive from their currency it increased America’s trade deficit with Mexico dramatically over the last quarter. The opposite of what everyone expected to happen in that first quarter. The second thing that occurred with regard to the second policy, immigration, also had an unintended consequence; which is as a result of being tighter on the border for immigration, US companies have started to create tech centres in Mexico. In Guadalajara, and in Tijuana for those companies in San Diego who just want to be able to cross the border and travel 45 minutes to their foreign teams.

So now you’ve seen an incredible resurgence of business and activity in both Guadalajara and Tijuana in Mexico for the tech industry as a result of those tough policies. It’s a place so close to the United States and you can house all of the greatest foreign minds in the world.

The Ferragamo store on Masaryk street in Mexico City

LUX: Mexico has been seen as an outlier in terms of luxury retail.
Joe Sitt: It takes time for a market to react to some of things I’ve mentioned. It’s now waking up. I feel that the entire luxury market has been sleeping at the wheel regarding the Mexico opportunity. And so now they are just waking up to it. Those who are waking up to it are finding success in the market place. But it takes time for them to mobilise.

LUX: Can you tell us your vision for what you’re doing there, because it’s a long term play.
Joe Sitt: We are attacking it from multiple prongs. One of course is just bringing luxury retail there, and creating a platform for it to come to, for the first time. We sparked the revitalisation a street called Masaryk and in an area called Polanco, in the heart of Mexico City. In the old days it was an Upper East Side kind of marketplace that was starting to become abandoned and is now revitalised.

LUX: And is that now going to be the Rue St Honoré of Mexico?
Joe Sitt: Yes exactly right. You’re starting to see it. Hermès, Ferragamo, Gucci and Goyard just opened there. So you’ve got some great brands already.

LUX: Was this through you?
Joe Sitt: We were the spark that brought it all together.

Thom Sweeney SS17

LUX: Integrating investment in emerging fashion brands and developing districts seems pretty for a property company. What’s behind it?
Joe Sitt: Candidly, it’s more of a passion. Yes, there are financial benefits of being on the ground floor of some of the most exciting brands and investing with them or representing and aiding them. Yes, there will be financial reward, probably in years to come when a Thom Sweeney explodes and goes next level or a Drakes or an Edward Green or a Maison Bonnet. But for me, more than anything else, at this stage in my career I am looking for things that I enjoy personally. And I enjoy young and exciting luxury brands and helping them achieve their potential. I get my personal thrill vicariously through their success.

Read next: Labassa Wolfe on the contemporary tailoring experience

LUX: Is your ideal scenario that they grow up to be the next Moynat, Vuitton, Hermès?
Joe Sitt: In some cases yes, in some cases no. For some, Maison Bonnet, the eyeglasses company, we are going to help them make the move from Paris’s first and only little artisan shop to executing in London. It’s about growing the business but not necessarily overgrowth or creating a Goliath.

LUX: And is the long term that you are buying, building and selling them?
Joe Sitt: I have to be careful in terms of conflict so I can’t say which ones I invest in. Other than to say when I do make investments in them I am focused on very very long term. It’s not to buy and sell. It will go wherever the visionary wants to take it, who’s owning the business, will we ride with this vision. In terms of our advisory business, our goal for these companies is to help them reach whatever their potential is, or is meant to be. Some of them it’s meant to be a very large business, some of them it’s not. We do the same thing with tech related businesses. I mentioned Warby Parker [an eyewear company], we were with them from the start, opening all of their first locations. Helping them understand the challenges of physical retailing versus internet retailing.

LUX: You are a property person. But is retail moving online?
Joe Sitt: There will be challenges in terms of distribution for people to buy things online for many years to come. And buying direct is not a new invention. We had catalogue prior, it was just a different medium for doing it. Someone would get the catalogue to their house and then they would order by telephone; or later order through emaiI. I look at online as another modem to deliver a product to a consumer. When it comes to commodities, it’s easy enough push a button and buy it on the internet. But does the internet mean that Nike should not open up more stores? We’ve found the opposite. I worked with Nike in New York, myself and a partner, for the first flagship store in Soho on the corner of Spring Street and Broadway. They are doing two incredible flagships that are costing them mega millions of dollars to build. Why are they doing that in the year 2017 with all the talk of tech and internet sales? Because they realise for a brand, it works arm in arm. People want the experience of a brand. The same way people are talking about restaurants and experience and enjoying that aspect of it, it’s the same thing when it comes to a brand. I want to go to Nike and not just see pictures on the internet. I want to touch the product, I want to try it on I want to interact with it.

Maison Bonnet’s Palais Royal Salon in Paris. Image by JYLSC

LUX: You have done some transformative retail schemes over the years. What are the challenges when you have an area like this that has got great potential but you need to change things? Do you get resistance?
Joe Sitt: There is always resistance. I always say that the secret to knowing when a project is going to be great is the greater amount of resistance. We enjoy both. We like doing things in established high profile tourist destinations as well as cool emerging areas like Wynwood in Miami, Venice Beach in California, and all of these creative markets all over the world that we think need and deserve luxury exposure as well.

Read next: Luxury in the foothills of the Himalayas

LUX: Do you think that monolithic luxury malls as are opening in China and elsewhere, where everything is a luxury brand and nothing else, will change? Will people want more of a mix in there?
Joe Sitt: Yes. That’s boring. Even if it’s great luxury brands it’s not what the consumer wants. As a consumer it gets more and more sophisticated. You see that in their taste they want something that is more eclectic.

LUX: A bit of discovery?
Joe Sitt: Yes. It could be restaurant discoveries, specialty shops, boutiques, perfumeries, candle shops etc. Intermixed with the luxury brands and that’s what creates the most successful environment for a luxury brand.

LUX: What’s the most exciting area of luxury and fashion for you?
Joe Sitt: Menswear is so exciting, much more exciting than womenswear, still very much an untapped market, with brands we’ve referred to today, Thom Sweeney for example, in years to come that could explode. I think that food, F&B, restaurants etc. have tremendous potential. Look at a market like London, if you were here 15 years ago the restaurant scene was horrific. It’s come along light years. I think other markets are going to expand to a much greater degree.

Last, but certainly not least is destination. I think people are remaking what the word ‘resort’ is, as hospitality and a destination. I think people are stating to get really creative. People crave creative.

New York interior designer Ryan Korban has designed retail spaces for  the biggest names in fashion – most recently the Aquazzura‘s opulent flagship on Madison Avenue – and counts Nicole Richie and Behati Prinsloo amongst his best friends, but it’s his uniquely luxe aesthetic that’s got people talking. Combining old world romance with urban seduction, Korban creates atmospheric and alluring worlds. It’s no wonder his name appears on the prestigious AD100 list as one of the design world’s best young talents for 2017. As part of our luxury leaders series, Nathalie Breitschwerdt speaks to Ryan Korban about his design philosophy, the relationship between fashion and interior design and his “must have” luxury.

Ryan Korban

LUX: Given your background is not in interior design, was it difficult to break through barriers to make your mark?
Ryan Korban: I truly believe good taste can help you start any creative career. When I began to study European history in school as well as art, I realised I loved the idea of creating an environment. In a city like New York, confidence and professionalism are everything. Any sign of weakness and you’re finished, so I try to stay strong through the whole thing. It’s important to just keep moving forward. I am always looking for the next thing and not relishing in the moment.

LUX: How would you define your own interior design aesthetic? What makes it unique?
Ryan Korban: I think it’s critical to have a very clear aesthetic because there are so many designers and it’s easy to get lost. The three critical elements in my style are sex, romance, and fantasy. It’s hard to say which one of them is most important, because I really do think it’s the combination of them that creates something alluring and beautiful.

The Alexander Wang flagship store by Ryan Korban

LUX: You describe your philosophy as “more is more”. When does more become too much?
Ryan Korban: There are times when I’ve tried “more is more” and that never feels as successful or well thought-out. If the room is a fifty-fifty split between contemporary and traditional furniture, I find that confusing – it’s like your taste is split in half. For me, a beautiful, contemporary room with antiques sprinkled throughout is just enough of both worlds. That’s when I get the most positive feedback.

Read next: LUX’s hotel of the month – The Ritz Carlton Hong Kong

LUX:Which project did you find most challenging and why?
Ryan Korban: When you work with people who have their own ‘taste,’ it is always a collaboration, which is always a challenging thing. You want to be sure you push your client so they will listen to you, but you always have to be sure their voice is heard as well. It can be a very tricky balance. This is the exact reason I often prefer working on commercial spaces. It tends to be more straightforward when you are working with a company versus a private client.

Tribeca Residence by Ryan Korban

LUX: How do you define luxury within your brand? Is it exclusivity, a trend, the price?
Ryan Korban: For me, luxury is the idea of taking luxurious things and using them in your day-to-day life. It’s something that we saw happen in fashion, and I don’t think it’s necessarily something that has happened in design yet, which is what’s so alluring about it.

LUX: You designed retail stores for various fashion labels, how would you describe the relationship between fashion and interior design?
Ryan Korban: I think of interior design and fashion as a kind of art form. It’s all abstract for me; it’s all about a feeling or a mood. A client might want a living room that’s comfortable but also a little sexy. So you want furniture that you can fling yourself on – fur and carpeting.

The new Aquazzura flagship on Madison Avenue

Read next: How to chill in style on the slopes 

LUX: Which piece of furniture / decoration is an absolute luxury “must-have” for each household?
Ryan Korban: I think what you want to do in any space is create a sense of drama. I’m a huge believer in lighting. I think it’s another easy way to transform a space, and I don’t think you can have too much lighting, especially in New York City or any metropolitan setting.

LUX: What do you have planned for the future?
Ryan Korban: I have been really focused on residential right now and have some amazing projects completing in the spring.

ryankorban.com

Francois Paul Journe is the CEO of the eponymous Geneva-based watch company that is the ultimate object of desire for some of the world’s most discerning collectors. For our Luxury Leaders series, he talks to Darius Sanai about how F.P.Journe’s watch business has thrived as an independent, focused on scientific precision, in a world dominated by luxury groups.

FP Journe watchmaker’s atelier

LUX: Why have you succeeded where so many others have failed?
Francois Paul Journe: I believe we have to go back in time to explain. Watchmaking schools do not teach to conceive a watch and being a watchmaker is not synonymous with changing a battery. I was lucky enough, after finishing my watchmaking school, to work with my uncle Michel, renowned antique horology restorer in Paris and learn “on the field” to repair complicated watches, benefit from his experience and discover a world of culture the school does not teach. My uncle was also the curator of the Musée des Arts et Métiers in Paris, I discovered the most astounding creations by the great French Masters and that obliged me to go further in my research, in order to create watches as beautiful as theirs. But I had to work tirelessly and acquire a real knowledge of the horological history. You do not acquire this kind of experience at school. I became totally passionate and horology became my life.

At the time, there were maybe 15 collectors who were interested to buy authentic horology as the quartz was revolutionising the watch industry and haute horology was not any more in the trend. I had to wait for the taste of clients to revert to real horology until about 1991 when I sold my first wristwatch with tourbillon. I set up my own independent manufacture, to remain independent above all and not have to depend on anyone. From then on, I created a full collection and I never stop selling my watches after that.

Read next: Jean-Claude Biver on the evolution of luxury

Also, F.P.Journe is the only manufacture in the centre of Geneva, and we are producing 95% of the haute horlogerie components necessary to make our watches, dial and cases included. We also offer a true watchmaking art. Each certified watchmaker makes a specific watch according to his technical sensitivity, and performs all production stages from beginning to end without anyone interfering in the process. A long lost privilege in today’s industrial watchmaking that is more and more segmented.

This is why my horology is different, authentic and respecting the fundamentals of haute horology. Above all, I remain in my own path, innovation, quality and independence. And collectors appreciate our authenticity, transparency and our permanent researches for precision, innovation and exclusivity.

Francois Paul Journe

LUX: How does history inform your brand?
Francois Paul Journe: I respect the history of horology as a musician would study Mozart. If one does not understand the philosophy of the ancient grand watchmakers which only goal was to make watches that were giving the exact time, then you only create gadgets.

LUX: How can you make a product stand out to a consumer who owns everything?
Francois Paul Journe: Our collectors who can have the best money can buy, and above all, exclusive objects know that I am running an independent manufacture with an integrated production of all the components necessary for the making of our watches. It includes the creation and production of all its dial and watch cases which echo our 18 karat rose gold movement in perfect harmony. We are the only manufacture in the world to do so. My goal is continue my pursuit of precision in creating innovative precision chronometers in the respect of the fundamental values of haute horology and I will not disrupt this rule under any circumstances.

Read next: Sky high with Bombardier private jets

LUX: What is luxury?
Francois Paul Journe: Luxury is a term that has been perjured and used outrageously. It means excellence, know-how and innovation, within a limited production combined with genuine craftsmanship, an exclusive design with a genuine authenticity. It is also a desirable object that is not a necessarily a necessity.

LUX: How do you honour tradition while still innovating?
Francois Paul Journe: You can certainly innovate but you have to respect the fundamentals in high horology that have pertained for over 2 centuries, and there are not many horologists doing so today. I am proud to be one of the only fervent defendants of the fundamental values of haute horlogerie. We have a real manufacture and we continue to produce our watches as if they were scientific objects. That is how watches were considered in the 18th century.

LUX: What are the biggest challenges you’ve faced as the owner and CEO of a luxury brand?
Francois Paul Journe: Independence is in your genes; for me it is not negotiable. Many of the challenges I set for myself would be difficult to achieve if I depended on large financial groups, on a financial side as well as on a creativity side and on a component production side. When I create a new calibre, I can modify components as I please in no time as they are made in our manufacture and I don’t have to depend on a supplier either.

As an independent, we have to demonstrate a strong resistance against big groups and provide a genuine authentic concept and rely on ourselves only. We thus have to be self sufficient and control our production as well as our sales network. That is why we have opened our own network of boutiques which are offering the best possible service to our client, a professional approach of high horology and a perfect knowledge of our collections, without mentioning receiving our clients in a décor at the image of our brand. But creativity is our most powerful weapon to exist and coming out of groups’ shadow.

Big groups sell industrial watches, and we are selling authentic high horology watches. I can only hope a certain public will know how to make the difference and do justice to the genuine values of craftsmanship that we will never cease to perform.

Read next: Secrets to investing in Switzerland

LUX: Would you define F.P.Journe as a discovery brand?
Francois Paul Journe: I don’t know what you mean exactly by a discovery brand. We can be called a discovery brand in the sense of innovation as we are producing innovative mechanism, or reunite different technical developments another brand have not put together, i.e. the Tourbillon Souverain with remontoir d’égalité and we are the only ones to do so. If you mean a recent brand, yes we are not for the general public but we are one of the best known brands in the world of collectors.

FP Journe watchmaker’s atelier

The entrance to the FP Journe Manufacture in Geneva

LUX: How many watches would you recommend an individual owned?
Francois Paul Journe: I cannot tell a collector how many timepieces he should own, each collector has a collection that correspond to his taste but also its financial means. If he has only a few watches and he is happy with them, it is fine but he is not really a collector. But it is also fine if a passionate collector owns one models of each available in my collection .

Read next: The silent speed of a Rolls-Royce Wraith 

LUX: What innovation are you most proud of?
Francois Paul Journe: The Tourbillon has been my first fascination of course and the resonance phenomenon has been occupying my mind for years in order to produce my Chronomètre à Résonance with 2 mechanical beating in opposition and auto-regulating each-other. But the watch I am most proud of is certainly the sophisticated Sonnerie Souveraine, the most difficult and most accomplished horological creation never realised and the one that has certainly given me the widest challenge in my career. It means six years of research for the Invenit and 10 patents for the Fecit, over 500 components, 4 month of assembling, adjusting and fine tuning, and this without counting the manufacturing of the components entirely produced in our manufacture in the centre of Geneva.

Operating a chiming watch has always been risky. If you do the slightest thing wrong, like setting the time while the chimes are engaged or ringing, you damage precious mechanisms. My challenge was to create a Grande Sonnerie that was safe to use, and what sets it on a higher plane is that it is the only grand strike clock watch safe to use existing today.

LUX: How do you relax?
Francois Paul Journe: I work a lot and I do not have so much free time. Mostly it is dinner with friends, tasting good food and good wine, and enjoying each other’s company. And Formula 1 racing.

fpjourne.com

Michael Wainwright is Managing Director and co-owner of Boodles, the British society jeweller, which has nine stores in London and its heartland of northwest England. Soon after the opening of the brand’s spectacular new flagship on London’s Old Bond Street, he spoke to LUX  as part of our on-going Luxury Leaders series, about Britishness, the retail experience, and possibly going to America.

Michael Wainwright

LUX: What is the state of play for the luxury industry?
Michael Wainwright: Our business is less tied to the economy than you might think. We are more dependent on wealthier people who don’t lose their wealth overnight. My thinking these days, after years of economic crises, is fairly optimistic. The prognosis is pretty good for the luxury goods and jewellery sector. The world is a richer place than it has ever been and people will continue buying.

LUX: Boodles is the only significant British jeweller and one of the only family-owned ones anywhere. How important is that?
Michael Wainwright: Britishness is important to our business. British people like to deal with a British brand and our overseas clients love to deal with “Britishness”. British clients account for 75% of our business. Telling the British story is important for us, and also the family story: we are a family business, and maybe we don’t tell that story enough.

Read next: LVMH and Hublot’s leading man, Jean-Claude Biver on personalising luxury 

The Boodles boutique on Bond Street

Inside the newly refurbished Boodles boutique

LUX: Are there disadvantages to being British?
Michael Wainwright: There are disadvantages to not being overseas. Lots of brands have presence in Hong Kong, Dubai and Paris. Clients see their brand everywhere; it’s a huge head start. But now there are quite a few Middle Easterners looking for more localized niche brands, which is an advantage for us. They don’t want a brand that is in every mall in the Middle East. Asians still are more about following the herd, but that will change.

Raindance Ring

LUX: What are your views on e-commerce?
Michael Wainwright: Only one percent of our sales are e-commerce at the moment, which is not high, but it is growing fast. I think it has potential to reach four to five percent. Most people will want to experience the story, to touch and see things. Online is a very cheap sale, which is very profitable. But in a shop, you have the chance of making an add-on sale, you build a relationship. If a customer buys online, you may never see them again. It doesn’t build the brand experience. Relationships are absolutely fundamental to business.

Read next: British businessman, Javad Marandi talks investment philosophy and strategy

LUX: What’s the greatest challenge you face?
Michael Wainwright: The Walpole Group (the British luxury association) recently noted there are two hurdles to growing a business: one at £20m (annual turnover) and one at £80-100m. We are now at the second hurdle, we are a £80m turnover business. We don’t feel we can build to the next stage just by being in the UK. We are very involved in our business as a family and we have not yet really learned the art of delegation, which is what is required if you are overseas. We would need to pick the right partners for, for example, opening in New York or the Middle East. We would need to acquire those skills of delegation. It’s an interesting stage. These are big hurdles.

boodles.com

Online shopping may be thriving, but the world is awash with swanky boutiques offering indulgent fantasies of every type to the wellheeled and the dreamer synthroid tablets online. KARYS WEBBER picks some of the best

Chanel, Paris

For fashion lovers, no one tops Chanel of course, and while a visit to any of the iconic fashion house’s worldwide boutiques is a treat, for the most hedonistic experience it must be the Avenue Montaigne store in Chanel’s home city, Paris. A stone’s throw away from the legendary Coco Chanel’s old living quarters at Rue Cambon, the 600 square metre store, designed by Chanel’s resident architect and interior designer Peter Marino, is in fact partly inspired by Mademoiselle Chanel’s apartment, echoing the timeless modernity and elegance which epitomises the brand. Tweed wall panels, rock crystal chandeliers by Goossens, pearl embroidered curtains and Ingrid Donat coffee tables come together inside the store which centres around a theatrical double height space devoted to the most precious of accessories and exceptional pieces from the Métiers d’Art collections. Adjoining rooms offer up two spaces dedicated to watches, two to accessories, one showcasing shoes and a VIP salon, whilst the first floor houses the ready-to-wear collection. The classic Chanel colour scheme of pearly whites, glossy blacks, beiges and gold is as evident as ever with contemporary works of art from the likes of Idris Khan, Jean-Michael Othoniel and Mark Swanson thrown in for good measure. chanel.com

Harry Winston, Paris

Arguably the most hedonistic item to purchase, diamonds are of course a girl’s best friend and nowhere more so than at Harry Winston’s Shanghai Pavilion. The 80-year-old luxury brand, renowned for being the jeweller to the stars, opened the unique store in the prestigious XinTianDi district in 2012, designed with the aim of creating “an experience that was both intimate and monumental”, according to New York-based architect William Sofield. The freestanding boutique aptly shimmers like a jewel from the outside with much of the façade clad in zigzagging panels of clear and misted gold glass, and features a carved stone gateway (a reinterpretation of Shanghai’s historic Shikumen style). Inside, shoppers are greeted by a soaring two-storey oval atrium with a black and white marble floor that references the brand’s Fifth Avenue store. Chinese architecture and its shape-shifting approach to space is cited as part of the design inspiration and as a result few of the shop’s walls are set at right angles and no room is perfectly square, meaning the store appears to evolve before your eyes. Dedicated areas for the brand’s signature collections (such as Sunflower and Cluster) and the High Jewellery collections are each designed with individual materials and colour palettes to compliment the pieces. The store also features a custom-designed Bridal Bar and, for the first time, a designated Timepiece Salon complete with LED screens which display behind-the-scenes footage of the watch development. harrywinston.com

Gastón y Daniela, Madrid

Founded in Bilbao in 1876 and still owned by the same family, Gastón y Daniela is a treasure trove of textiles housed in a grand former mansion in Madrid. The store offers over 40,000 fabrics ranging from contemporary designs (like the new Uptown collection inspired by the use of geometric patterns between the 1930s and 1960s) to unique heritage fabrics from their extensive archives. You can peruse luscious silks, intricate brocades and rich damasks at your leisure whilst enjoying a cup of coffee or a glass of sherry (depending on the hour), which the staff will whip up for you. Alongside the swathes of tactile fabrics, the store also impeccably displays their own wallpaper designs, upholstered furniture and Persian carpets, making it a haven for interior design lovers. Plus, with plush sofas sat in front of fireplaces and a beautiful private garden accessible via the sitting room, you’d be hard pushed to find a more pleasurable retail experience. gastonydaniela.com

Fortnum & Mason, London

One of London’s most iconic and oldest emporiums (and not to mention grocer to the Queen), Fortnum & Mason has been a foodie favourite since it was established over 300 years ago, when it was famous for offering up exotic delicacies from around the world. The quintessentially English store (it stocks over 200 varieties of tea if you were in any doubt about its British heritage) sells everything from cheeses and preserves to macaroons and fudge in its vast food hall, which spans two floors connected by a grand spiral staircase. Gourmet gift hampers are Fortnum & Mason’s forte with signature hampers including the ‘Mayfair’ and ‘West Country’ although bespoke versions can also be stashed with an array of sweet or savoury treats like champagne truffles and beluga caviar. The store also houses five restaurants across its seven floors including the 1707 Wine Bar (named after the store’s foundation year), designed by David Collins, where you can order any bottle of wine from the extensive collection in the adjacent wine department for just a £10 corkage fee. Alternatively, head to The Parlour on the first floor for a naughty Knickerbocker Glory. fortnumandmason.com

Alfred Dunhill, London

Alfred Dunhill’s flagship store (or ‘home’ as the brand likes to call it) is a former Georgian mansion in the heart of swanky Mayfair, which was previously the residence of the Duke of Westminster. The British luxury label has been dressing the most discerning gentlemen with their exquisitely crafted goods for over 100 years and everything from leather brogues to silk pocket squares are available over three spacious floors, alongside a bespoke tailoring room for custom-made garments. Not just an impeccable shopping experience however, the grade II listed building also doubles up as an exclusive members club with other on-site offerings including a marble-clad spa and an intimate, traditional barbers where men can treat themselves to a classic wet shave. The Cellar Bar meanwhile serves up a perfectly spicy Bloody Mary as well as providing the food for the charming courtyard restaurant. Plus, for film buffs bored of the generic multiplex experience, there’s a luxurious subterranean private cinema room, equipped with the finest visual and audio equipment from Meridian, which is available for hire. dunhill.co.uk

Bijan, Beverly Hills

Unashamedly billed as “the world’s most expensive store”, Bijan is an exclusive appointment-only boutique housed in an extravagant Mediterraneanstyle palazzo on Beverly Hills’ famous Rodeo Drive. Founded by Iranian designer Bijan Pakzad in 1976 (though now run by his business partner Dar Mahboubi since Pakzad’s passing in 2011), Bijan is predominantly a menswear store offering ‘one of one creations’ of the utmost opulence and finest quality (a coat made out of vicuña wool for example, the rarest and most expensive material in the world, for an eye-watering USD 15,000). The store counts the most powerful men of politics and fashion as clients, including Presidents Ronald Reagan, Barack Obama and Vladimir Putin and designers Oscar de la Renta and Tom Ford. Alongside fashion, Bijan is also known for its perfume range (currently consisting of 14 unique scents for both men and women, all contained in elegant Baccarat crystal flaçons) and custom-designed accessories with past requests including bulletproof lined jackets, chinchilla bedspreads and, naturally, bespoke yacht and private jet accessories. The last and most lavish string to Bijan’s bow however is luxury supercars, born out of Pakzad’s personal passion for them, which has culminated in a series of limited edition and highly bespoke Rolls-Royce and Bugatti Veyron cars being designed exclusively for the store. bijan.com

Lane Crawford, Greater China

Originally a provisions trading post for the navy in 1850, Lane Crawford is today a benchmark for innovation due to its retail concepts and design. Spearheading retail indulgence across the region since the 70s, the retail mogul brings the world’s most luxurious and coolest brands to Hong Kong, Beijing, Shanghai, and soon to Chengdu. With more than 602,000 square feet of prime real estate across five stores in three of the world’s most expensive cities, Lane Crawford doesn’t have branded shopin- shops like many other department stores but instead whisks its Louboutin-clad customers across its meticulously curated displays – much like reading a magazine from cover to cover. Clean-cut, contemporary and sleek, the stores house menswear, women’s wear, beauty, homewear and even a dedicated music bar where patrons can order complimentary coffee while sampling the world’s newest tunes on iPods. Oh, and the next time you’re looking for that perfect gown or clutch, you might want to check in and ask for the collection that won’t be shown on the racks. lanecrawford.com

Roja Dove, Harrods, London

Offering a welcome respite from the never-ending stream of mass-market fragrances, esteemed master perfumer Roja Dove (regarded as the ‘connoisseur’s connoisseur’) creates scents that are full of emotion, sophistication and ‘grounded in memories of love’. At the Roja Dove Haute Parfumerie, nestled in a hard-tofind enclave of iconic department store Harrods, scent is regarded as powerfully evocative and incredibly personal. Customers seeking true fragrance fulfillment can embark upon a unique journey to ‘unlock their perfume personality’ in the intimate space which is lavishly decorated with mirrors and black lacquer furniture. If you don’t fancy the completely bespoke service however, elaborate crystal decanters containing pre-made Roja Dove fragrances are still created using the finest and rarest raw materials in the world including Jasmine de Grasse and Rose de Mai (both from the South of France and more expensive than a gold bullion). The store also offers Mr Dove’s own personal edit of the most luxurious fragrances from other renowned perfume houses including Guerlain and Clive Christian (the latter famous for producing the world’s most expensive perfume, the Clive Christian No. 1, the bottle of which was decorated with diamonds and cost a whopping £115,000). rojadove.com

Level Shoe District, Dubai Mall, Dubai

Dubai doesn’t often do things by halves so it’s no surprise that the cosmopolitan city boasts the world’s largest shoe store, within the world’s largest shopping centre. The Level Shoe District is 96,000 square feet dedicated purely to luxury footwear and is home to over 250 brands, of which, over 100 are exclusive to the region and 40 are stand-alone designer boutiques. To avoid overwhelming shoppers with such a vast shoe metropolis, the store is divided into four more digestible sections: Women’s Designer, Women’s Contemporary, Men’s and Trends, with each quarter designed with its own distinct aesthetic and ambience. Among Women’s Designer – a chic boudoir-esque space with gilt birdcages and a powder pink colour scheme – you’d be hard pushed to find an international designer brand missing with everything from Valentino and Louis Vuitton to Miu Miu and Alexander Wang elegantly displayed. Women’s Contemporary meanwhile features the more cutting edge, up-and-coming luxury designers like British exports Nicholas Kirkwood and Sophia Webster. Men have everything from Berluti to Oliver Sweeney at their fingertips as well as concept store The Cobbler, which is designed like a gentleman’s club and offers traditional shoe repair and a bespoke service workshop. On top of this, visitors who are exhausted after a hard day’s retail therapy can indulge in a treatment at the Sole Lounge by Margaret Dabbs (the renowned celebrity podiatrist’s only foot spa outside the UK) or treat themselves to high tea at the region’s first Vogue Café, which is decorated with iconic photography from the fashion magazine’s archives. levelshoedistrict.com

Hajenius, Amsterdam

Housed in a historic Art Deco building on Amsterdam’s Rokin boulevard since 1915 (though the company dates back to as early as 1826), the renowned House of Hajenius is widely regarded as one of Europe’s leading cigar houses. With the interior remaining virtually unchanged since Hajenius’ inception, cigar aficionados are greeted with a remarkable backdrop of fine Italian marble, oak panelling and colossal chandeliers that date back to a time when Amsterdam was still lit by gas, before so much as a whiff of a tobacco. Venture further in and the finest selection of cigars are available, from Hajenius’ own brand to an entire room dedicated to Havanas as well as cigars from Sumatra and Brazil, plus smoking accessories ranging from lighters and cigarette holders to handmade clay and ceramic pipes. In addition to the retail aspect, the grand building also houses an exceptional walk in humidor that features a richly decorated vaulted ceiling – the doors are activated by a key fob held by staff members who screen entrants – and regular cigar and whisky tasting evenings are held at the venue. hajenius.com

RECENT WINNER OF SINGAPORE’S URA ARCHITECTURAL HERITAGE AWARDS, SPACE FURNITURE’S NEW HOME JOINS TWO HISTORIC BUILDINGS WITH A MODERN GLASS STRUCTURE TO FORM A 40,000 SQ FT MULTIPLEX THAT IS A TRIUMPH OF DESIGN. LEAD ARCHITECT Chan Ee Mun, SENIOR ASSOCIATE OF WOHA, WALKS US THROUGH THE PROJECT

We’d known about these buildings ever since they received Heritage status and I d admired them from the outside but had never been inside. The space was stifling, dark and closed. The previous owners had it very compartmentalized in order to maximize on rental. It was not at all compatible with SPACE.  From the onset we decided that we wanted to recapture the charm of the original building with as much authenticity as possible. At the same time we needed to create a voluminous interior. We also had to take into account the fact that the neighbouring buildings were at least 12 stories tall so we had to find a way to make the building stand out in its own way and, of course we had to do so within the confines of some very strict zoning laws that mandate how we could use the space.

Whenever you work with an existing structure you have to deal with the constraints of the building as well as with your budget constraints. Demolition is expensive and there are obvious disadvantages. It was our job to enhance rather than rebuild. One of the problems we faced was that there was not enough height between the floors. To make this work for SPACE we needed much higher ceilings, so we had to reconfigure the floors without interrupting the original structure too much.

Even the glass building in the centre of the project is built over the original building. We had to readjust and strip the internal floor plates and relocate them to new floors. It was a complex procedure. It also had to look right since the internal structure would be exposed by the use of glass.

The fact that it’s a sales site means that there are very specific requirements. The main challenge was designing the middle unit because although modern it had to get along with its neighbours, the two older buildings. We wanted to expose the showroom/furniture and we were trying to figure out how to best accomplish that. The law at the time stated that if a building had Conservation status then the exteriors must not be altered. We had to work with the authorities to change that rule to allow us to give it a more modern and urban look.  Inside, we needed to find the best way to design a showroom that would work well with lots of different brands, many of which are in competition with each other. They needed to be separate but at the same time there has to be a connection between them all. SPACE carried 13 major brands and each had a different design philosophy. In the end it was SPACE that determined the location of each brand and how much floor space to allocate to each and it was our job to make that possible.

SPACE was very adamant about creating an experience for their clients. They were very particular about the lighting and for the music they installed a Bang & Olufsen sound system. To complete the picture, they even customized their own scent for The . Every detail was taken into consideration to enhance the shopping experience in a homely setting, so that the customer can understand the pieces and the environment.

spacefurniture.com.sg