“Diamonds are a girl’s best friend” is a mantra that many women lived by throughout the 20th century. But times have changed. For Millennials in particular, fine jewellery – just like cars, houses and health insurance before it – has become an unappealing investment.

A global survey on the perception of German luxury arrived at the word “perfection”. But HSBC’s Luxury Goods report lists only one German company, and German’s traditionally prefer to buy designer goods from Italy, UK and France. Is German luxury really driven by function over form?

For the everygirl who loves labels but can’t take on the price tags, Very Exclusive offers new access to high-end fashion. Democratising designers by offering payment by instalment, Sarah Curran’s start-up caters to the savvy shopper who wants to make a statement.

Will premium brands step up to the luxury level? How will shoppers become more savvy in their spending? In what ways will luxury brands react to ‘digital’ and how do UHNWI really shop? As part of our Expert Outlook 2015 series we speak to three luxury experts about the promise of exclusivity, supreme quality and everything bespoke.