The Diamond Backed Digital Token – Fake Or Fortune?

By Richard Chetwode richard.chetwode@btinternet.com Many of the proposed diamond backed Cryptocurrency schemes simply risk repeating the mistakes of the past. Not many people in the diamond industry will remember the boom and bust of diamonds in the 1970’s, when diamonds ceased to be a luxury purchase, and instead became an investment vehicle, a decade at […]

The Secondhand Opportunity in Hard Luxury

By Filippo Bianchi, Inga Flicker, Felix Krueger, Guia Ricci, Matthias Schuler, Javier Seara, and Sarah Willersdorf at Boston Consulting Group The global luxury market has a fast-growing new base of consumers: secondhand buyers. In the past, some luxury brands and retailers didn’t consider the secondhand market, but as new players enter and consumer interest rises, that […]