Shibui is a Japanese word that refers to a style that is simple, elegant, subtle, and unobtrusively beautiful.
I think that western culture is starting to appreciate the practice of shibui. In the way we live, in the things we buy, and how we spend our time. Just look at the elegant hardware coming out of Tesla and Apple, or Eichler designed homes in California with simple lines and natural light.
I love this trend.