July 19, 2017 Our Wellness as a Luxury series looks at wellness as the new status symbol: “wellthness” is fast replacing other signifiers of affluence Deep Dive: as a luxury to be enjoyed and flaunted. In this report, we look Wellness as a closely at three aspects of the “sleep economy”: 1) Sleep technology: Consumers are using apps, devices and Luxury, Part 2— wearables to help them fall asleep and stay asleep. 2) Mattresses: Aspirational, e-commerce mattress brands such Sleeping Well as Casper have tapped social media to encourage consumers to invest in the quality of their sleep. 3) Deep-rest classes: Group classes that promote rest and sleep, such as Inscape’s deep-rest classes and David Lloyd Clubs’ napercise classes are gaining popularity. Deborah Weinswig Managing Director Fung Global Retail & Technology
[email protected] US: 917.655.6790 HK: 852.6119.1779 CN: 86.186.1420.3016 Deborah Weinswig, Managing Director, Fung Global Retail & Technology 1
[email protected] US: 917.655.6790 HK: 852.6119.1779 CN: 86.186.1420.3016 Copyright © 2017 The Fung Group. All rights reserved. July 19, 2017 Table of Contents Executive Summary ......................................................................................................................................... 3 Tools that Help People Sleep Well ................................................................................................................... 3 Three Enabling Factors ....................................................................................................................................