Are you tired of consumerism?

NYC's ivy league clubs risk irrelevancy, Japan's luxury market, the "Great Exhaustion"

Hello everyone and welcome back to The Stanza. It’s already mid-July - friends in Europe are rushing to get everything done before the month-long siesta known as “August”, while it seems that Americans have taken over the Mediterranean, as per usual at this time of year. How’s your week been?

This week’s newsletter is brought to you by Paperchase - the t…