Discreet Luxury: A segment to watch

The signature red sole of an $800 Christian Louboutin pump. The trademark intrecciato weave of a $4000 Bottega Veneta bag. The colourful inner lining of a $2500 Paul Smith suit. These are the markers of a movement being described by industry watchers as Discreet Luxury. Tired of the logo-fixations of the 1990's and early 2000's, certain luxury customers, who don't feel like shouting about their wealth to the world, are shunning logos for clothes and accessories that are unmarked -- except for one usually understated detail that announces the item's provenance and brand to those in the know. Many of these consumers are in advanced luxury markets like Japan and Western Europe, and have exacting standards for quality, craftsmanship and…

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