Robb Read: When Money’s Not Enough

How scarcity informs luxury beyond cost.

By Lucy Alexander 30/09/2020

About a decade ago, with the world economy beginning to recover following the global financial meltdown, a budding art collector flew from New York to the Art Basel Miami Beach fair to buy a painting. “In my head I was the dream person, the up-and-coming collector that they want,” he recalls. “I was a decent-sized collector but not well-known. Not a banker who wants to flip. Someone who would buy as a long-term investment.”

An admirer of the hyper-realist artist Karel Funk, the collector, armed with a budget of approx. $583,000, inquired at the 303 Gallery booth about buying one of Funk’s paintings, then priced around $58,000, “but of course there was no price on display,” he says. The gallerist’s curt response: “There are some in the Whitney you can go and look at.” Recalling the dismissal today, he says, “I now know that most of the art is spoken for before the fair and that it’s a game that it’s open to the public to buy.”

The gatekeepers of the high-powered contemporary art scene are an elite unit whose mission, it seems, is to deter the general public. Of course, this zealous exclusivity is not confined to the world of art. Across many categories of luxury objects or experiences, access to the most hotly contested trophies is restricted to a select few, and the conditions of entry are about more than money. You cannot walk into a Rolex dealership, a New York power gallery or an Hermès boutique, ask for a Daytona, a Jeff Koons or a Birkin and expect to be allowed to buy it.

The shop where nothing is for sale is a well-established marketing strategy. “The notion of scarcity is a really fundamental principle in psychology,” says Kit Yarrow, PhD, a consumer psychologist and professor emerita at Golden Gate University, San Francisco. “We want what we can’t have. When we are denied, it feels like a challenge to overcome and we are more psychologically invested.” For the affluent, the desire provoked by denial is acute, says Yarrow, “because it’s boring to have anything you want. We all look for ways to bolster our egos, and for some, it is the acquisition of the unobtainable, the love of a person or a product, and in some ways products are easier.”

That rejection—and the challenge to reverse it—is part of what drives the desire. “Luxury goods resolve people’s insecurities about their place in society,” says Luca Solca, a luxury analyst at Sanford C. Bernstein. “I have, therefore I am. These things set us apart from the crowd and make us special, in our eyes, and our peers’ eyes.”

The aforementioned would-be Art Basel Miami Beach buyer, rather than giving up in the intervening years, says, “I have since spent millions of dollars on art, but I had a similar experience with Hauser & Wirth only last year. I went in and asked about Mark Bradford, and they laughed and said, ‘Before we’ll even consider you, send us a list of the artists you collect.’ I humoured them and sent it in, and they were like, ‘Okay, come in tomorrow.’”

From the gallerists’ perspective, this tactic is meant not as a brush-off but as a method of safeguarding their artists’ reputations. “If a collector walks in who we don’t know, yes, they need to introduce themselves [and tell us] what they have done and why,” says Marc Payot, a co-president of Hauser & Wirth. The Swiss multinational gallery, which represents Louise Bourgeois and Glenn Ligon, among other superstars, is not “a shop where you buy art like a commodity, first come first served”. Instead, the gallery is merely “the business card”. It aims to place art ultimately not with members of the public but with prestigious museums, because “the long-term success of an artist is directly dependent on the presence in institutions.” The gallery’s role, says Payot, is not so much to sell as to “put the artists we represent into the context of art history”.

In the face of this ambition, novice collectors often turn to art advisers. “We are a bridge between client and gallery,” says Suzanne Modica, cofounder of Modica Carr Art Advisory. Gallerists “are looking for an intellectual curiosity” in would-be buyers. “They want to know that the client is seeing the artist as more than just a bunch of dollar bills that are attached to the wall.”

Illustration: Ben Wiseman

Brett Gorvy, cofounder of the Lévy Gorvy gallery and a former international head of postwar and contemporary art at Christie’s, explains the pecking order
for art placement: “There is definitely a hierarchy—museums, private foundations, collectors with strong affiliations to museums, then prestigious collectors who lend to museums.” Only after this illustrious roll call will more quotidian collectors be considered.

There are tricks of the trade to get your foot in the door, according to one well-connected art adviser: “If you are extremely well-off you can become a trustee at a museum, which gives you cachet.” Sitting on a museum committee also enables connections to curators. At an art fair, “if you’re seen within proximity of curators, that can have a positive impact on your access.” But museum relationships are generally predicated on the expectation that, in addition to monetary donations, at least some of the works you acquire will eventually find their way to the museum in question, as a gift or bequest.

Many serious galleries—along with some sports-car marques—include language in sales agreements prohibiting buyers from flipping the objects at auction. Watch companies do not put such bans in writing but nevertheless keep careful track. Those who disobey in any of these categories risk being blacklisted. But new pieces by in-demand artists are often priced well below the sums they could fetch under the hammer, making the practice all too tempting for some. “When there is a big gap [in price] between the primary and secondary markets, we ask clients to give us a right of first refusal,” says Payot. “We have never sued, but access will be difficult in the future. The strongest protection is the relationship, but you can’t put a relationship in a contract.”

When it comes to art, there’s only so much an artist can produce, but even in the case of manufactured luxury goods, a tight supply translates to a ranking of buyers. Sports-car marques, including Ferrari, Lamborghini and Bugatti, reward their most loyal clients with first dibs on invite-only releases of special models. David Lee, a Ferrari collector who has appeared on Jay Leno’s Garage, says that access used to be “down to who you knew at the factory,” but a new tracking system tells Ferrari “exactly what cars you have, so they know whether you’re passionate or playing the game.

I have bought every car they released in the last few years, including ones that were not so popular. That data determines that I am a top client.”

Yet even favoured clients can have their privileges taken away. In 2017, Lee, who owns 30 Ferraris, was denied the chance to buy a LaFerrari Aperta, which had a run of only 210 models. His mistake, he believes, was discussing Ferrari’s secretive selection process with the Los Angeles Times. “Ferrari had told me I was in the running, but they had not yet decided,” he explains, so he told the newspaper he had not been offered one. The way Lee tells it, the resulting headline—basically, he owns a dozen Ferraris and has loads of cash, why can’t he buy the elusive $3.1-million LaFerrari Aperta?—didn’t go down well at Ferrari HQ.

“They read it over in Italy and thought I was using the media to pressure them to give me a car,” Lee says. “So for a few months we were on shaky ground. My relationship with Ferrari is very important, so it was really upsetting to me. They did not offer me a car.”

Quest for the Rolex Daytona: A Cautionary Tale

The hunt for a Rolex Daytona is the watch collector’s equivalent of the quest to find the Holy Grail. Despite their presence at major auctions, Daytonas remain near-impossible to find outside the secondary market. Though they’re relatively inexpensive by the standards of luxury watches—an entry-level steel-and-gold version retails for approx. $25,000—the Daytona’s mystique remains baffling.

I embarked on a mission to a Rolex boutique on Manhattan’s Fifth Avenue to see what the brush-off would be when I tried to buy the elusive model.

“I’m here to buy a Rolex,” I proclaimed to the doorman, who ushered me into a side room and into the care of a sales associate. I’ll call him James.

“I need to buy a birthday present for my husband, and I don’t know what to get,” I confided in James, who directed me toward a case containing Submariner watches. A steel-and-gold model would cost about $24,000, he said.

“I hear the Daytona is a good one,” I ventured. James looked a little sceptical. “We don’t have any in the store,” he said. “They’re very rare, and they all go to special clients.”

“Wow, do you have to go all the way to Switzerland to get one?”

“It’s even worse there,” he said. “You can’t just let anyone walk in and buy one. And that’s the right way to do things. Imagine if you saw someone wearing one and you asked where they got it and they said they walked in here and just picked one up. How would that make you feel if you’d been buying watches from us for years and had never got one?”

“Bad?”

“You need to put blood, sweat and tears into forming a relationship with the brand. You need to be a really loyal customer, and then we see it as a reward. So I can get you whatever you want, but it has to be realistic and not a Daytona.”

I left empty-handed but pleasingly reassured that money, liberally and strategically deployed, would do. LA marque’s signature red and has 1.1 million followers—says the relationship has since been repaired, and he is expecting delivery on five Ferraris this year.

The year before Lee’s dust-up, Preston Henn, an American flea-market mogul and two-time 24 Hours of Daytona winner, went so far as to sue Ferrari for damages, alleging the marque told his friends he was rejected because he was “not qualified” to buy a limited-release LaFerrari Spider. His qualifications were, according to court papers, the 18 Ferraris he had owned and the $1.46 million cheques he had mailed to Ferrari’s then-chairman, Sergio Marchionne (who had returned it). Henn accused the marque of “harming [his] reputation in the universe of Ferrari aficionados” but dropped the suit shortly before his death in April 2017.

Ferrari, which declined to comment about its specific allocation policies or criteria, is perhaps the best example of a company that successfully inspires in its devotees feelings not only of admiration but of identity. Lee, who is chairman of Hing Wa Lee, a watch-and-jewellery business outside Los Angeles, recognises the status anxiety in his Rolex customers: “For the client, it becomes an identity crisis. Where do they fit? How do they compare in this world? If they are able to get these very limited products, it shows they are considered to be at a certain level.”

Ferrari does not hide the fact that it deliberately keeps its production low to ensure demand is never satisfied. “The company was founded on one simple principle,” Marchionne told CNBC in 2015. “You only produce one car less than the demand for the vehicle.” To meet demand, he said, would “destroy the exclusivity of the brand”.

Yet Ferrari’s honesty about its artificially induced scarcity has not diminished the brand’s allure to its collectors, such as Barry Beck, cofounder of Bluemercury, the luxury beauty retailer. “With Ferrari, it has never been about money,” says Beck, who owns three Ferraris and collects Patek Philippe watches. “Many who have had the privilege to drive these cars or wear these timepieces have become devout, evangelical disciples and the brands’ best marketers.”

Similarly, even though the fabled waiting list for Hermès Birkin bags was exposed as a fiction by Michael Tonello in his 2008 memoir, Bringing Home the Birkin, the ardor of the brand’s fans has not dimmed. Tonello would ask for Birkin bags while shopping for scarves to flip on eBay and says the Hermès sales associates would tell him, “There’s a list, and there might even be a waiting list to get on the waiting list.”

Yet one day, after spending a large amount in an Hermès store, Tonello was offered a Birkin. “I realised that there was no waiting list,” Tonello tells Robb Report. He promptly switched to flipping Birkins. “They all have Birkin bags in the back. A Birkin is a reward for being a good customer. They don’t care who you are. You just have to spend money, and you have to know the formula.”

The same is true, he says, of watches: “Rolex won’t sell you a Daytona until you’ve spent a certain amount on other watches. Then you qualify for the private sales. It’s all a game.” Patek Philippe adds another layer, requiring clients to submit a formal application for special models. Beck recalls being told that a certain watch was “an application piece” (he initially thought this term had something to do with applied enamel). He included a Forbes profile to “grease the wheels” which, he says, ensured “near-immediate approval”.

Michael Hickcox, an avid watch collector and CEO of executive search company Expedition Partners, says that Patek Philippe allocates lesser models to new customers. “They want to hook you,” Hickcox explains. “People who try to go to the top straight away, they tend to be the ones who exit the hobby soon afterwards. They got what they want. They don’t spend 15 years saying, ‘I can’t wait until I have this one thing.’ Patek Philippe is going for the person who spends millions on watches.”

Illustration: Ben Wiseman

The flipping ban is an additional burden, particularly when sought-after watches from several prestigious makers can command twice their original prices. “I knew a dealer who sold a special watch [for a client] and that brand found out,” says Hickcox, adding that the dealer told him how the brand, in an apparent attempt to uncover the culprit, invited everyone who had bought the watch to a dinner. “The client had to call the dealer and ask to borrow it back. He did and wore it to the dinner, and the folks from the watch company never knew.”

Inside the inner circle, competitiveness does not diminish; it just becomes less purely financial and more about connections. At the dinners held by watch brands, executives toast their clients, who in turn make their cases for yet more coveted purchases. According to one watch-industry insider, the North American president of a renowned watch brand told the insider that at one such dinner he turned down a well-known entrepreneur’s plea to buy a special piece, even though the man had bought several other models in order to qualify. Only after the entrepreneur offered to speak at the graduation of the executive’s son did he relent.

Sometimes the dinners and events become as coveted, maybe even more so, than the items themselves. Lionel Geneste, a luxury-goods consultant, says the world of high jewellery is now dominated by an arms race of ever-ritzier events. “At the Paris shows Chanel did a dinner, Dior was at Versailles, Dolce & Gabbana now bring clients twice a year to Milan and Capri, Bulgari flies everyone to Rome and Van Cleef goes to the South of France,” he says. “It’s not that people are competing to be allowed to buy jewellery—they buy in order to be invited to these events.”

Jewellery produced by fashion houses is easy to acquire because it does not hold its value, says Fiona Druckenmiller, founder of FD Gallery, a Manhattan jewellery boutique. The same is true of contemporary pieces by Van Cleef & Arpels, Bulgari and Cartier, she says. Since they were acquired by large public companies, “you can get anything if you can afford it.”

Druckenmiller specialises in work by prestigious independent designers such as Hemmerle, Viren Bhagat and Joel Arthur Rosenthal, known as JAR, whose unique creations are much more difficult to obtain. To buy from these designers, she says, “it makes a difference if they like you.

This is a relationship in the true sense of the word, not just one based on money spent on collecting.”

With JAR, the only living jeweller to have had a solo show at New York’s Metropolitan Museum of Art (in 2013), “it’s hard to get in the door to begin with. You need an introduction,” Druckenmiller says. “And even then, if he feels like the woman is not a good ambassador for his pieces, he will say, ‘Nothing is available.’”

Independent watchmakers are similarly discriminating, selling only to collectors they deem worthy. “It’s somewhat a snob thing,” says Michael Hickcox, citing Philippe Dufour, Kari Voutilainen and Roger W. Smith, the latter of whom makes only 12 pieces a year. “You have to pay a £3,000 (AU$5,400) deposit to have the option to get on the waiting list. Several years later you get an e-mail saying, ‘Congratulations, you’re now in our production queue.’ You are not told what the price will be.”

Such treatment is bound to unnerve people unaccustomed to feeling powerless. A similar sensation has struck countless souls forced to face Manhattan’s most fastidious co-op boards, whose probing can be invasive and whose decision-making is shrouded in secrecy. Although the rise of Billionaire’s Row interview-free apartments has tempered some of the pickiness, for “old-school fancy buildings” a buyer has to have the right sort of money, says Lisa Chajet, a second-generation broker at New York’s Warburg Realty. Boards will want to know, “Did they make their money at Goldman or in casinos?” she says. Most favoured is “old money, a family trust that’s reputable and solid”. And if you come with a trail of paparazzi (Madonna) or a whiff of scandal (Richard Nixon), you’re probably better off bidding on a new apartment or a single-family townhouse. Once a co-op contract has been signed, Chajet’s approach is to get hold of the board list and call anyone who might have a connection with her buyer: “Maybe they both went to Yale, or they’re partners at law firms.” The most popular applicants? Doctors. “They don’t have the money that hedge-fund people have,” says Chajet, “but they have prestige.”

The preference for old money—and a WASPy family tree—is also alive and kicking in the notoriously exclusive world of private clubs in the Hamptons. While no one talks on the record for fear of being blackballed, insiders say the membership of several high-profile clubs in the enclave is largely comprised of elderly representatives of formerly illustrious Protestant families, who want to keep it that way. Membership is hereditary, according to those in the know; non-WASP new members are admitted rarely, and only in return for large donations to the upkeep of the club in question.

For many people, the effort required to obtain a supposedly exclusive object, be it an apartment or a wristwatch, is worth it, says Tonello, because it signifies success. “If you keep hearing about how hard something is to get, and how even famous people can’t get it, and then you get it, you feel like you are a master of the universe. I was in an elevator with a woman carrying a Birkin, and all these other women got in and saw her Birkin, and I could see them wonder who she was. She must be someone, a VIP? With guys, it’s the same with a watch. They send secret subliminal messages to others in the know. It says, I have arrived.”

Remember that art collector on a quest for a Karel Funk painting? The same gallery that rebuffed him at Art Basel Miami Beach finally offered him one several years later, for approx. $80,000. “I bought it,” he says. “Begrudgingly.”

This piece is from our new Design Issue – on sale now. Get your copy or subscribe here, or stay up to speed with the Robb Report weekly newsletter.

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The World’s 7 Most Expensive Private Helicopters

The list includes a presidential helicopter, a special-edition ACH130 co-designed by Aston Martin, and the sleek Bell 525, appropriately named “Relentless.”

By Daniel Cote 24/01/2025

Time is money, and it’s especially true in navigating the world’s most populated metropolitan centres—from Los Angeles to Hong Kong. Since setting the first recorded distance record of 1,181 feet in 1924, the helicopter has proven its value in aviation for its durability and versatile roles. In business aviation, the helicopter is taking on even greater importance to quickly and efficiently transport busy executives within high-density city centers or to destinations under 800 kilometres.

Today’s rotorcraft are also increasingly sophisticated, with faster speeds and greater range. But even more noteworthy are the luxe interiors that have appeared in the last few years. Airbus Corporate Helicopters has partnered with Aston Martin to give its ACH130 a signature interior resembling a stylish, leather-clad supercar, while fractional provider Flexjet gives tribute to the Bentley Mullinar in its new special edition Sikorsky S-76. The latest Marine One, used to transport the U.S. president and other high-level U.S. officials, is a customized Sikorsky VH-92-A with special security features but also a lavish interior.

This list features seven of the most expensive helicopters in the world, with an overview of their designs, technological advantages, and passenger amenities rivaling many smaller business jets.

ACH160 Executive Helicopters
Photo : Airbus Corporate Helicopters

The twin-engine ACH160 has it all—speed, agility, and comfort. With a range of 460 nautical miles and a maximum cruise speed of 178 mph, this 10-passenger helicopter has 68 patents, with distinctive features like Airbus’s Fenestron shrouded tail rotor that dampens the sound signature and vibration. Sound-proofing and spacious double-pane windows also suppress flight noise for a quieter working environment. The cabin offers customization options for leather arm chairs or bench seating, trim and storage options. In the cockpit, the ACH160 utilizes Airbus’s Helionix Avionics Suite and incorporates its four-axis autopilot system, synthetic vision, traffic-collision avoidance systems, and more. From $20 million

Photo : Leonardo Helicopters

The Leonardo AW609 has the advantages of vertical take-off and landing with the speed and range of fixed-wing turboprop aircraft. This distinctive tiltrotor delivers a maximum speed of 498 kph with an impressive range of 700 nautical miles. The aircraft can fly at 25,000 feet in a pressurized cabin with five-foot headroom and VIP seating can accommodate eight passengers. The cabin can be configured with a refreshment center and lavatory. The cockpit features digital VFR/IFR avionics with fly-by-wire controls, a synthetic vision system, and retractable, steerable landing lights. From $25 million

Photo : Sikorsky

The award-winning Sikorsky S-92 Executive has been chosen by heads of state from 10 countries, including the recently delivered Marine One for U.S. presidential travel. This rotorcraft has the largest cabin in its class, seating up to 10 passengers, with stand-up cabin height and forward and aft seating arrangements. It also features 14 large windows, a full-height executive lavatory, swinging captain chairs, VIP armor, enhanced soundproofing, and plenty of passenger amenities, including wireless data and voice. With a maximum cruise speed of 280 kph and a range of 547 nautical miles, the S-92 can operate at ceiling of 15,000 feet. The S-92’s avionic system includes those found on a well-equipped business jet, with TCAS II, color weather radar, ground proximity warnings and a state-of-the-art, four-axis autopilot. From $31 million

Photo : Airbus Corporate Helicopters

The Airbus ACH175 integrates safety, performance, and a superior passenger experience. It has a top cruise speed of 280 kph and range of 613 nautical miles and flight endurance of six hours, three minutes. Impressive, considering it can accommodate up to 12 passengers. The cabin’s length of just over 17 feet and eight-foot width allow customisation of three interior configurations. Large windows, airy interior, reclinable leather arm chairs, a modular bench concept, mini-bar, coffee machine, and lavatory are among the customisable options available. The ACH175 also has a sophisticated environmental control system and state-of-the-art entertainment system. The cockpit is ergonomically designed and gives two pilots access to advanced avionics, including autopilot and synthetic vision. From $25 million

Photo : Textron Aviation

The Bell 525, with the appropriate monker “Relentless,” combines luxe amenities for business travel with advanced flight-deck technologies like the Garmin G5000H and a touchscreen glass flight deck. Safety extras include a terrain-awareness warning system and a five-color terrain proximity display with voice callouts to make pilots aware of height below 500 feet. This medium-lift rotorcraft can accommodate up to 16 passengers and two pilots, with a maximum cruise of 296 kph and range of 629 nautical miles.

Inside the cabin, the Bell 525 includes an in-flight entertainment enhanced lounge with Wi-Fi, moving maps, audio-video functionality, ambient lighting, and electro-chromatic windows that can be controlled by a user’s paired smart device. A limousine-style privacy window allows for VIPs to have conversations without headsets. From $25 million

ACH160 Executive Helicopters
Photo : Airbus Corporate Helicopters

This isn’t the most expensive helicopter on the list, but the James Bond–calibre interior brings it to a higher level. This now in its second run, with the first series selling out quickly. The orders came from clients in Asia, Europe, Latin America, New Zealand, and North America. Available in four interior and exteriors, the design is inspired by Aston Martin’s high-performance DB11, with seats and doors upholstered in leather and coordinating ultra-suede covering the rest of the cabin. The rear of the front seats feature the same brogue detailing of the DB11. The ACH130’s performance is also 007-worthy: 134-knot maximum cruise, 347-nautical-mile range, and four hours and 13 minutes of max flight time. From about $9 million

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One of Hollywood’s Favorite Bespoke Tailors Is Making His First Ready-to-Wear Line

Leonard Logsdail, who’s dressed everyone from Denzel Washington to Robert De Niro, is finally going off the rack.
Published on January 18, 2025

By Caroline Reilly 24/01/2025

When Hollywood’s best-dressed men need suits—to wear on-screen or off—they call Leonard Logsdail. The English-born, New York–based bespoke tailor had already cultivated an enviable legacy by the time he dressed Robert de Niro in 2006’s The Good Shepherd.

In 1971, after graduating from what is now the London College of Fashion, he became the youngest person to open his own store on Savile Row. He set up shop in Manhattan 20 years later and has since dressed everyone from Al Pacino to Hugh Jackman. A lengthy list of devoted clients suggests the long lead time for one of his $15,000 rigs is worth it.

If you like his strong-shouldered look but want to skip making the dozens of decisions bespoke commissions require, you’re in luck. This year, Logsdail will begin offering a line of ready-to-wear jackets, available for purchase directly via his website.

“It’s an idea that’s been percolating for years,” Logsdail tells Robb Report. The result of his ruminations is timeless and essential: a two-button jacket with a double vent, using the same pattern he has employed countless times to give actors such as Denzel Washington (American Gangster) and Michael Douglas (Wall Street: Money Never Sleeps) a commanding on-screen presence. It’s all about the shape, he says of the jacket’s leading-man look. There will be “a little bit of waisting,” so it flatters guys of all sizes.

Leonard Logsdail created the suits for Denzel Washington in American Gangster

Fabric options include a classic navy from the same Vitale Barberis Canonico textiles Logsdail uses in his bespoke garments; beautiful tweeds made at the Lovat Mill in Hawick, Scotland (the best tweeds out there, in his opinion); and a solid-blue Japanese seersucker. In a nod to his ancestry, he’ll use an 1888 painting by distant relative William Logsdail, St Martin-in-the-Fields, for the lining.

Leonard Logsdail created the suits for Leonardo DiCaprio in the Wolf of Wall Street.

The choice underscores that the venture is as much personal as it is professional. The jackets, priced under $2,000, will help him reach a wider audience. But his business is a family affair: Two of Logsdail’s sons and one of his daughters help run it, handling everything from marketing to web design. One lesson he hopes to pass on with his uncomplicated, refined approach? “Fashion goes out of style,” he says. “But style does not go out of fashion.”

Leonard Logsdail

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Forget a Bow Tie. Here Are 3 Black-Tie Accessories to Rock Instead

Stylist Tom Stubbs on ditching the bow tie this festive season—and what to wear alternatively.

By Tom Stubbs 21/01/2025

Black tie, that essential marker of an increasingly rarefied ceremonial style, is inspiring. Nothing coaxes men into upping the sartorial ante quite like reading those words on an invitation. I say amen to raising the bar, but I can’t bear wearing a traditional bow tie—and haven’t done so for over a decade.

Around the turn of the millennium, I was enthusiastically dress-code obedient, but two unstoppable forces put me off: Fashion moved on, and I got old. Where abiding by hallowed traditions once felt exalted, it suddenly began to seem restrictive and stuffy. And while it was extraordinary to be a bow-tied 30-something, in my 40s, the convention made me feel like a pompous, conservative square. Now, menswear has changed so much that bow ties register as pedestrian garb better suited to waiters than to revellers.

Fortunately, there are several black-tie alternatives that excite and inspire me now that I’m well into my 50s—many espoused by stylish guys on the red carpet and innovative designers in London, Paris, Florence, and Milan. And though I might take a bow on nonconformism as I step into my 60s, I still plan to steer clear of the bow tie, that ultimate symbol of gentlemanly customs, for as long as I can. Here’s what I’m replacing it with.

Form and Function

I got excited seeing Lemaire’s slim metallic modernised bolo ties in the house’s fall 2024 show. A favourite of men as varied as Johnny Cash, Bruce Springsteen, and Snoop Dogg, the bolo is perhaps best remembered as the chosen neckwear of John Travolta’s surly hit man, Vincent, in Pulp Fiction. Originally, Native American tribes including the Zuni, Hopi, and Navajo used these accessories used to fasten bandannas with plaited-leather cords. High-end versions double as a bit of jewellery, with silver slides set with turquoise and often engraved with animal motifs, including buffalo skulls and eagles. Contemporary takes abound, but vintage sleuthing can turn up some particularly beguiling options.

From left to right: Lemaire’s bolo on the runway; Bruce Springsteen ditching the bow tie in 1988; Lemaire’s silver bolo-tie necklace, $640. Getty Images/Courtesy of Lemaire

Gambling Man

A gambler from London’s La Bowtique, about $516 Courtesy of La Bowtique

Varying in size, flounce, and attitude, ribbon ties—also called gambler or Kentucky neckties—have long been a legitimate black-tie alternative. Actor Cillian Murphy has worn Saint Laurent’s take to various award shows, looking stand-alone chic and authentically cool. They have a distinct Western energy—Kirk Douglas donned one as Doc Holliday in Gunfight at the O.K. Corral, as did Robert Vaughan in The Magnificent Seven. But they’re as much rock star as they are gunslinger: The late Johnny Thunders of the New York Dolls and Bauhaus front man Peter Murphy (style role models of mine) also wore them with panache. Take a note from the runway and wear them with a pair of boots—cowboy, Chelsea, or with a Cuban heel—to really step away from the standard.

Fit to Be Tied

From left to right: Lemaire’s bolo on the runway; Bruce Springsteen ditching the bow tie in 1988; Lemaire’s silver bolo-tie necklace, $1024.
Getty Images/Courtesy of Lemaire

If you want to give yourself some breathing room, consider scarves and neckerchiefs. This fall, Tom Ford proposed a louche take on evening style, using black, slim-plaited, or delicately sequined scarves whose long tassels provocatively dangle at the hips. For maximum effect, the brand styled them with open satin shirts, recalling rockers Mick Jagger and Rod Stewart. London’s La Bowtique also does beautiful outsize bows. On a smaller scale, the Twilly—a short silk scarf pioneered by Hermès—works in much the same manner. The French maison makes gorgeous options with angled ends for extra verve, whether hanging loose or more discreetly knotted.

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Show Stoppers

The Sydney Harbour Concours d’Elegance—a beauty pageant for priceless classic cars—returns for another instalment at the city’s most intriguing, and unlikeliest, venue.

By Vince Jackson 15/01/2025

The logic behind staging a prestige automobile show on an island may, at face value, seem warped—history tells us that cars and water do not play nicely. The rationale twists further when said piece of land is a former shipyard that is, aesthetically, more workhorse ute than classic Ferrari. 

Scratch beneath the surface, however, and the decision to plant the Sydney Harbour Concours d’Elegance on Cockatoo Island for the second year running begins to make locational sense: the steel arch of the emblematic bridge acting as photogenic backcloth; the UNESCO World Heritage site’s previous guises as 19th-century penal colony and eminent boat-building facility fleshing the show’s historical bones; the theatre of watching collectors delicately coaxing their four-wheeled artworks off a rusty roll-on/roll-off barge in the islet’s wharf before showtime. (After all, if owning a car in this stratosphere isn’t about projecting drama, then what’s the point?) 

Throw in an endless endowment of free Champagne for guests and VIP transport from the mainland via superyacht, and it barely matters that the three-day jamboree is, in the words of founder and curator James Nicholls, “a logistical nightmare”.

“People love the energy, the adventure” says the Anglo-Italian, a broadcaster, writer and photographer whose extensive resume includes various stints as a concours judge across the world. “There’s a great contrast between the luxurious motor cars and the industrial environment. The Turbine Shop [a timeworn, hanger-like space used to display the vehicles] is where ocean-going liners and propellers were built. People interested in cars are also interested in that kind of thing but it’s just a backdrop. Cars are the main focal point.”

The concours d’elegance concept (“concours” means “competition” in French) can be traced back to 17th-century Paris, when aristocrats would flaunt horse-drawn carriages in local parks during summer months. Animals eventually gave way to automobiles, and the gatherings mutated into more organised contests in which these new-fangled contraptions were, in somewhat prescient fashion, judged solely on the appearance. The trend spread throughout European high society, before reaching America in 1950 with an inaugural pageant at Pebble Beach, California—a concours which has since evolved into a behemoth of the species, now billing itself as “the world’s most prestigious car show” and drawing 214 vehicles and spectators in the low five figures at the last annual meeting. Other concours are thriving globally, from spectacles in Lake Como in Italy (the longest running event, launched in 1929) to Udaipur in India. Vanity, it seems, remains in vogue.

Among this storied company, Sydney’s interpretation is playing catch-up. But Nicholls insists the local variant—launched in 2019, having occupied three other citywide locations—has no intention of locking horns with competitors. Not numerically, at least. 

“In 2024, we had 500 people over the three days; this year we’ll aim for 750. But we’re never going to become a 20,000-people show,” he says. “We want it to be bespoke and beautiful, so people don’t have to queue for a glass of Champagne. You can talk to the car owners, and everyone feels like a VIP.” The overarching aim is to become a “destination event” on the socialite calendar, on par with the Melbourne Cup or the Australian Grand Prix.

While keen to keep paying visitors guessing, Nicholls offers Robb Report a sneak peek into some of the 44 objets booked to occupy the coarse, exposed-brick viewing hall, ranging from turn-of-the-century rarities to modern-day exotics: a 1905 Eugène Brillié 20/24 HP Coupé Chauffeur, believed to be the only one of its ilk left; a 1955 Porsche Speedster 356 “Pre A”, examples of which are valued in excess of $750,000; a Lamborghini Miura 3400, a model famed for its starring role in the opening sequence to 1969’s The Italian Job movie; a 2021 Audi R8 Spyder, an iteration that is no longer being produced and thus quietly accruing kudos.

Up to seven “classes” will be open, including categories solely for Porsche Speedsters and pre-war Australian coachbuilt cars. Two 1930s Bugattis are slated for appearance, one of which is, as this article is being written, on a boat somewhere, on its way to Australia. A panel of seven judges, led by the first ever female concours head assessor, who also adjudicated in 2024, will select the overall “Best in Show” winner—scored last time out by a 1964 Ferrari 250 LM, a model line with a $24 million price tag attached. And in a progressive play designed to lure the oil-shunning generation, an “electric elegance” section will debut. Nicholls estimates the combined value of all this precious metal at around $80 million.

While it would provoke an illicit thrill to discover that frenzied super-collectors were slyly puncturing rivals’ tyres or keying priceless bodywork—skulduggery has plagued other pageants, from dog show Crufts (canine poisoning) to Miss World (rigging allegations)—the entrants are, in keeping with the show’s refined, English-garden-party profile—a gentlemanly bunch. To a point. “They like meeting up, the community that’s here, but they do get competitive,” says Mark Ussher, the Sydney Harbour Concours d’Elegance managing director, and on-the-ground organiser. “They care about their cars but they’re investors as well as collectors. If they win a concours anywhere around the world it adds value to the car.”

Which makes it doubly important that, surrounded by all that deep Harbour water, everyone remembers to put their handbrake on.

The Sydney Harbour Concours D’Elegance runs from February 28th-March 2nd 2025; sydneyharbourconcours.com.au

Book tickets now and take benefit from the RR 15% discount code: ROBB15

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Jannik Sinner Is the First Tennis Player to Take a Luxury Bag Onto Wimbledon’s Centre Court

The 23-year-old Italian flaunted a custom Gucci duffle bag on center court.

By Rachel Cormack 21/01/2025

Jannik Sinner aced the style game at last year’s Wimbledon Championships.

The Italian tennis star turned up to his match against Juan Manuel Cerundolo with a custom Gucci duffel bag on his shoulder. It marks the first time a designer bag has been carried onto centre court in the history of the prestigious, centuries-old tennis tournament, as reported by Women’s Wear Daily.

The duffel, which Sinner describes as a “timeless classic,” showcases the house’s signature beige and ebony colorway, the iconic GG monogram, and a contrasting green and red web stripe. It also features the athlete’s initials near the straps. Ironically, the rather traditional design has called into question a 150-year tradition.

“For sure this will create a conversation,” Sinner told WWD before defeating Cerundolo in straight sets. “Bringing sport and luxury fashion together in this way is something that’s never been done before and I feel extremely proud to be a part of it. I hope people will love it as much as I do.”

Wimbledon’s dress code is extremely strict: Players have been required to wear white at the event since 1877, with not even off-white or cream permitted on the court. Tennis whites were originally instated as it was believed the ensemble showed less sweat, as reported by Time. The tradition has continued out of respect for the sport’s history and a desire to maintain formality.

The rules are enforced, too: Our own player Nick Kyrgios was allegedly fined $25,000 for rocking red Air Jordan trainers at 2023’s tournament. Interestingly, the decidedly non-white Gucci accessory was reportedly given the all-clear by the powers that be. A spokesperson for Gucci told WWD the house worked with Sinner’s team “for the approvals from the ITF (International Tennis Federation), ATP (Association of Tennis Professionals), and Grand Slams, including Wimbledon, to ensure the bag met the necessary requirements.”

The 23-year-old, who turned pro at age 18, became a Gucci ambassador in 2023 in his first luxury fashion endorsement. “Gucci for me represents Italian excellence around the world, excellence which is rooted in tradition as much as in innovation,” Sinner said. “This is the kind of message I am proud to convey when I represent my country wherever I am in the world.”

The Italian player was capture in action last week during his 1st round men’s singles match against Nicolas Jarry (from Chile) on day two of the Australian Open at Melbourne Park with more Gucci gear. Sinner carried a custom duffle bag crafted by HEAD and designed by Gucci to the men’s singles match on day two of the Australian Open tennis tournament in Melbourne.

Sinner will play Australian Alex de Minaur tomorrow 22 January at the Australian Open.

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