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February 7, 2007
                                                                            Luxury: New Guide to the Good Life




Copyright ©2006 Fallon Worldwide. All rights reserved.
The definition of the good life is changing.

It isn’t a strict exchange between an old guard of luxury goods and
a new one.




                                                                      Copyright ©2006 Fallon Worldwide. All rights reserved.




                                                                               2
It’s a dynamic, freewheeling, and not always
easily categorized set of values and ideals.




                                               Copyright ©2006 Fallon Worldwide. All rights reserved.
Sterile, edited environments are giving way to
color, texture, and character.
Jennifer Post   vs.   Lulu DK
Calvin Klein          Julian Schnabel
                      Jonathan Adler




                                                 Copyright ©2006 Fallon Worldwide. All rights reserved.




                                                          4
Exuberant, tongue-in-chic “rules” encourage
liveliness and moxie.




                                              Copyright ©2006 Fallon Worldwide. All rights reserved.




                                                       5
Fur is trumped by cruelty-free and eco-fashion.




6
    Copyright ©2006 Fallon Worldwide. All rights reserved.
Why simply write a check when you can be
directly involved in your charity?

Oprah interviewed and hand-selected the 100+ girls for her new
South African school.




                                                                 Copyright ©2006 Fallon Worldwide. All rights reserved.




                                                                            7
Of course, giving back doesn’t mean sacrificing
increasingly exclusive personal services.
Housekeepers are no longer different enough; concierge services
provide access to make life that extra bit easier, better - and
accessible - in the new good life.




                                                                  Copyright ©2006 Fallon Worldwide. All rights reserved.




                                                                           8
It’s about having stature in the world - but from
being a positive force, not a negative power.

Donald Trump conquers with little concern for others; Clooney
conquers with electric cars and provoking movies.




                                                                Copyright ©2006 Fallon Worldwide. All rights reserved.




                                                                         9
Hollywood not only produces social commentary,
but also a platform for social change.
Being made aware of issues   vs.   Discussing and solving issues




                                                                   Copyright ©2006 Fallon Worldwide. All rights reserved.




                                                                   10
Luxury is out in the open … but still not wholly
accessible.

In the past, the good life meant
hiding behind the tinted
windows.
Privacy remains important, but
more information is shared.




                                                   Copyright ©2006 Fallon Worldwide. All rights reserved.




Blogging about your superyacht                     11
Absorbing culture isn’t enough; engaging in local
communities is unique and lets you connect.

Backpacking in Europe   vs.    Volunteering abroad




                                                     Copyright ©2006 Fallon Worldwide. All rights reserved.




                                                     12
What’s under the hood counts (and we’re not just
talking HP).
Tesla’s first and second orders of cars are already sold out. Other
sports cars lack the same super-exclusive (and purposeful)
credibility.




                                                                      Copyright ©2006 Fallon Worldwide. All rights reserved.




                                                                      13
People are moving away from gratuitous space to
eco- and period friendly detailing.


                       It’s far “nobler” to restore in the
                       city than to build new in the
                       suburbs.




                                                             Copyright ©2006 Fallon Worldwide. All rights reserved.




                                                             14
Rules of engaging in the good life:

           Cardinal Rule: Be Active (NEVER passive)

1. Be hands-on and give people a role to play - delegation of
   responsibility is less desirable than in the past

2. Have fun - being strict and staid will turn off people

3. Reward knowledge - materials and ostentation alone aren’t
   enough

4. Express passion - sharing the fun + joy of luxury with a
   community heightens its value, furthers aspiration, and
   mitigates backlash.


                                                                   Copyright ©2006 Fallon Worldwide. All rights reserved.
5. Find a purpose and a conscience - duty and obligation isn’t a
   part of the good life

6. Cultivate quirky individuality - it’s a craft, not a science.
   Disregard some of the rules.
                                                                   15
Areas that fit under both the old good life and
new good life:



 ≥ Formality
 ≥ Grace
 ≥ Luxury
 ≥ High-quality
 ≥ Bespoke
 ≥ Freedom
 ≥ Codes


                                                  Copyright ©2006 Fallon Worldwide. All rights reserved.
 ≥ Elite




                                                  16
Thought starters



                                                         Updating and amplifying the good life




Copyright ©2006 Fallon Worldwide. All rights reserved.
Wouldn’t it be nicer to …                    instead of:



Have a personal store                        having a personal shopper
Train with Lance                             using a personal trainer
Learn how to BBQ from Bobby Flay             having a chef who cooks for you
Do more with less (maximize smaller space)   continually adding space
Be efficient                                 being wasteful
Have a lipstick named after you              ordering your own bespoke color
Have JT singing at your party                being front row at JT concert
Keep the kids at home/enjoy family life      sending the kids away to school
Be open (but inaccessible)                   being closed-off (secret)
Enjoy the best of your city                  escaping the city


                                                                               Copyright ©2006 Fallon Worldwide. All rights reserved.
Select movies to show at Sundance            simply attending Sundance
Wear Etro, Missoni, Anthropologie            Calvin Klein




                                                                               18
As a spirit brand, could you …


 ≥ Co-opt Beaujolais Nouveau?

 ≥ Revamp elite travel lounges?

 ≥ Bring glamour back to travel?

 ≥ Replace food-wine pairings with a food-cocktail pairings?
   Different cocktails for each course, similar to a wine flight.




                                                                    Copyright ©2006 Fallon Worldwide. All rights reserved.




                                                                    19

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Luxury: Good Life Code

  • 1. February 7, 2007 Luxury: New Guide to the Good Life Copyright ©2006 Fallon Worldwide. All rights reserved.
  • 2. The definition of the good life is changing. It isn’t a strict exchange between an old guard of luxury goods and a new one. Copyright ©2006 Fallon Worldwide. All rights reserved. 2
  • 3. It’s a dynamic, freewheeling, and not always easily categorized set of values and ideals. Copyright ©2006 Fallon Worldwide. All rights reserved.
  • 4. Sterile, edited environments are giving way to color, texture, and character. Jennifer Post vs. Lulu DK Calvin Klein Julian Schnabel Jonathan Adler Copyright ©2006 Fallon Worldwide. All rights reserved. 4
  • 5. Exuberant, tongue-in-chic “rules” encourage liveliness and moxie. Copyright ©2006 Fallon Worldwide. All rights reserved. 5
  • 6. Fur is trumped by cruelty-free and eco-fashion. 6 Copyright ©2006 Fallon Worldwide. All rights reserved.
  • 7. Why simply write a check when you can be directly involved in your charity? Oprah interviewed and hand-selected the 100+ girls for her new South African school. Copyright ©2006 Fallon Worldwide. All rights reserved. 7
  • 8. Of course, giving back doesn’t mean sacrificing increasingly exclusive personal services. Housekeepers are no longer different enough; concierge services provide access to make life that extra bit easier, better - and accessible - in the new good life. Copyright ©2006 Fallon Worldwide. All rights reserved. 8
  • 9. It’s about having stature in the world - but from being a positive force, not a negative power. Donald Trump conquers with little concern for others; Clooney conquers with electric cars and provoking movies. Copyright ©2006 Fallon Worldwide. All rights reserved. 9
  • 10. Hollywood not only produces social commentary, but also a platform for social change. Being made aware of issues vs. Discussing and solving issues Copyright ©2006 Fallon Worldwide. All rights reserved. 10
  • 11. Luxury is out in the open … but still not wholly accessible. In the past, the good life meant hiding behind the tinted windows. Privacy remains important, but more information is shared. Copyright ©2006 Fallon Worldwide. All rights reserved. Blogging about your superyacht 11
  • 12. Absorbing culture isn’t enough; engaging in local communities is unique and lets you connect. Backpacking in Europe vs. Volunteering abroad Copyright ©2006 Fallon Worldwide. All rights reserved. 12
  • 13. What’s under the hood counts (and we’re not just talking HP). Tesla’s first and second orders of cars are already sold out. Other sports cars lack the same super-exclusive (and purposeful) credibility. Copyright ©2006 Fallon Worldwide. All rights reserved. 13
  • 14. People are moving away from gratuitous space to eco- and period friendly detailing. It’s far “nobler” to restore in the city than to build new in the suburbs. Copyright ©2006 Fallon Worldwide. All rights reserved. 14
  • 15. Rules of engaging in the good life: Cardinal Rule: Be Active (NEVER passive) 1. Be hands-on and give people a role to play - delegation of responsibility is less desirable than in the past 2. Have fun - being strict and staid will turn off people 3. Reward knowledge - materials and ostentation alone aren’t enough 4. Express passion - sharing the fun + joy of luxury with a community heightens its value, furthers aspiration, and mitigates backlash. Copyright ©2006 Fallon Worldwide. All rights reserved. 5. Find a purpose and a conscience - duty and obligation isn’t a part of the good life 6. Cultivate quirky individuality - it’s a craft, not a science. Disregard some of the rules. 15
  • 16. Areas that fit under both the old good life and new good life: ≥ Formality ≥ Grace ≥ Luxury ≥ High-quality ≥ Bespoke ≥ Freedom ≥ Codes Copyright ©2006 Fallon Worldwide. All rights reserved. ≥ Elite 16
  • 17. Thought starters Updating and amplifying the good life Copyright ©2006 Fallon Worldwide. All rights reserved.
  • 18. Wouldn’t it be nicer to … instead of: Have a personal store having a personal shopper Train with Lance using a personal trainer Learn how to BBQ from Bobby Flay having a chef who cooks for you Do more with less (maximize smaller space) continually adding space Be efficient being wasteful Have a lipstick named after you ordering your own bespoke color Have JT singing at your party being front row at JT concert Keep the kids at home/enjoy family life sending the kids away to school Be open (but inaccessible) being closed-off (secret) Enjoy the best of your city escaping the city Copyright ©2006 Fallon Worldwide. All rights reserved. Select movies to show at Sundance simply attending Sundance Wear Etro, Missoni, Anthropologie Calvin Klein 18
  • 19. As a spirit brand, could you … ≥ Co-opt Beaujolais Nouveau? ≥ Revamp elite travel lounges? ≥ Bring glamour back to travel? ≥ Replace food-wine pairings with a food-cocktail pairings? Different cocktails for each course, similar to a wine flight. Copyright ©2006 Fallon Worldwide. All rights reserved. 19