Why Ethical Luxury Is the Post-COVID Gold — And What That Means for Your Business

Opinions expressed by Entrepreneur contributors are their own.

Luxury isn’t about more anymore. It’s about meaning.

I’ve walked red carpets draped in elegance. I’ve stood on the aspirational side of the velvet ropes once seen as symbols of success. But over time, I’ve learned: if luxury comes at the cost of our conscience, it’s not luxury…it’s illusion.

Today’s luxury consumer isn’t dazzled by shine alone. They’re asking deeper questions: “Where did this come from?” “What’s the real story behind it?” “Does this reflect who I am?”

I’ve studied the diamond industry extensively. It’s a clear case study in how legacy models are being challenged. Traditional mining comes with a staggering

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