Old Money, New Meaning: Why Heritage Brands Still Win in a World Full of Challengers
New direct-to-consumer brands have spent the last decade promising to be the smarter, cleaner, more premium alternative to the old guard. Some have succeeded. But for a significant segment of affluent consumers, nothing a startup says quite carries the weight of a brand that's simply been around long enough to prove it. This is the authenticity premium — and it's more complicated than it looks.