Having first set foot in the interior design sector, then in the hotel and catering industries, the luxury sector is now turning its attention, like an ogre, to the world of wellness—the final frontier to be conquered. Following in the footsteps of Dior and Burberry, it is now Balenciaga’s turn to enter this promising market with a stylish and high-performance TechWear range and a unique, limited-edition food offering, created in collaboration with a renowned global fitness studio.
Here, the names and design of the products (branded Balenciaga Bodies) have been carefully crafted: the smoothies are called Main Character, with marine collagen; Momentum, with peanut butter enriched with cordyceps (a super-mushroom); and Back to Life, with mango and matcha infused with ashwagandha (an Indian adaptogenic plant); and the fresh juices, the detoxifying ‘Green Flag’, the antioxidant ‘Red Alert’ or ‘Glow with the Flow’, rich in vitamin C. All of these can be enhanced with boosters such as vitamin-enriched oil, protein or creatine.
Whilst Balenciaga’s proposal may well seem far-fetched to many, it can also be seen as confirmation of the renewed ambition of a luxury sector that is struggling and seeking new sources of growth. As a marker of social status, wellness perfectly meets the current expectations of its customers, who are driven more by the prospect of an experience than by that of ownership.
It also embodies an elitist lifestyle that is in every respect comparable to that promised by luxury, but one that is more focused on self-transformation and optimising one’s body and health, which makes it more acceptable than the display of wealth.
Ultimately, it enables luxury brands to continue generating desire through bold design (from clothing to drinks) and highly appealing functional promises that the ‘happy few’ will see as essential to their lifestyle.
Finally, let us not overlook the competitive aspect of luxury—one that is all too rarely taken into account—which is taking on a new dimension here, as it is no longer so much a question, for luxury buyers, of owning items that are ever more expensive than those of others, but rather of living better and longer than them. Taking part in sport (i.e. running, yoga, Pilates or fitness) is no longer just about strengthening the present; it is also about preparing for the future. This is a new narrative from which many brands could benefit.