Retail Observer

August 2021

The Retail Observer is an industry leading magazine for INDEPENDENT RETAILERS in Major Appliances, Consumer Electronics and Home Furnishings

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RETAILOBSERVER.COM AUGUST 2021 32 A S S O C I A T I O N N E W S T he NKBA Summit: Luxury Defined shared a wealth of information, informative research and intriguing discussions with luxe designers and luxury market experts. A common denominator that arose from the two days of panels and presentations was that true luxury comes not only from a high price tag, but even more importantly from an elevated client experience, and personalized design to suit that client's precise needs. NKBA EVP and CSO Suzie Williford hosted the event, which was sponsored by Cambria. Here are some conference highlights: THE LUXURY KITCHEN SHOWCASE STUDY This exclusive NKBA qualitative research, detailed by NKBA Head of Research Tricia Zach, revealed that luxury is about an experience, it's simple, it's personal and it's beautiful. Designers say luxury isn't purely about budget, or about chasing trends. Luxury clients are outcome-driven, and most had a specific vision or expect their kitchen designer to deliver a dream space – and they were willing to invest to get that result. THE PATH TO BECOMING A LUXURY DESIGNER Helene Oberman, managing director for Interior Design, and designer Nar Bustamante, president of Nar Design Group in Sacramento, Calif., discussed Nar's journey to the luxury sphere. Flexibility, he said, was the key to his progress. Starting at age 14, he helped his uncles who were contractors and discovered his passion for building, ultimately leading to work as a builder, carpenter, cabinet installer, while being drawn into the overall kitchen and bath arena and earning a place in the luxury market, "one kitchen at a time." LUXURY CLIENTS — WHO ARE THEY? Winston Chesterfield, founder of Barton Consulting Group, a London-based luxury market strategist, defined demographics and A FRESH TAKE ON LUXURY Designers and marketing consultants shared strategic advice as they explored new ways of thinking about the luxury market at the virtual NKBA Summit: Luxury Defined.

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