FIFA, and sport generally, can learn from the luxury industry’s expertise in creating high-quality experiences, particularly for the premium audiences that drive a significant portion of revenue. So says Nikolaus von Doetinchem, chief commercial officer at the newly launched Premier Jumping League, which he describes as “the Formula 1 of showjumping”. Speaking at the recent FT Business of Luxury Summit, he said that luxury and sports share the same DNA, which is rooted in the “excellence of a craft” that provokes strong, positive emotional reactions. Takeaways Luxury brands should be very deliberate about which sport they choose to partner with.