The Brief

01

Why luxury margins hold when consumer discretionary doesn't

02

The succession problem: what happens when a founder-led maison changes hands

03

Reading a watch's provenance file — the six documents that matter

04

Pre-IPO in luxury: what the last five listings actually taught us

05

Resale is not cannibalization — how the secondary market became a brand asset

06

The 5% sleeve: sizing an illiquid luxury allocation against a concentrated balance sheet

07

Authentication technology and the coming provenance standard

08

What a soft China quarter does — and doesn't — do to European houses

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