DeTnk's Must Read Book of the Month

Deluxe: How Luxury Lost its Lustre By Dana Thomas

As the spring season is beginning it's decent on the northern hemisphere, it is time to get outside for picnics in the park and reading in the sun. This month DeTnk recommends Deluxe: How Luxury Lost its Lustre By Dana Thomas, an enjoyable read on how the luxury industry has evolved in the past couple decades.

Thomas, the European Editor for Portfolio following twelve years as the cultural and fashion writer for Newsweek in Paris, has taken an inside look into the ever shrinking oligopoly of the luxury industry; exposing the trend of consolidation and moving away from the traditions that set the various brands apart.

This past month we have seen LVMH group's continued conquest of the luxury industry through their attempts at a take over of Hermès highlighted in various articles such as LVMH signals continued pursuit of Hermès in the FT.

For those watching LVMH and interested in a greater background in the changing landscape of the luxury industry, Deluxe... is a must read.

You can get a copy at our online bookstore.