Jan 18, 2020
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How Phoebe Philo Has Bucked Luxury's Downward Trend and Come Out On Top
If any certainly one of us hears the phrases quiet luxurious once more, our eyes could nicely roll into the backs of our skulls. And but, with the continued adoration of manufacturers similar to The Row, Brunello Cucinelli and Loro Piana, it’s clear that pared-back design has develop into the purest expression of luxurious — no prefix required. It ought to come as little shock, then, that one…
Why Luxury’s Still Winning in the US
The US is proving an unlikely bright spot for luxury at a time when China’s recovery is uneven and Europe is squeezed by cautious spending. In the latest round of earnings, nearly every major luxury group has flagged the US as a growth engine, despite the headwinds of rising tariffs and higher prices. The US gained strength in Q3 compared to last quarter. Performance in the US at LVMH was…
This Week: Luxury’s Moment of Truth Arrives
The Big Picture: Luxury companies haven’t given bulls much to cheer about of late, with the industry continuing to struggle through a two-year decline that has dragged down revenue and profit at many fashion houses. Now, there appears to be a flicker of light at the end of the runway. First came the buzz and excitement of multiple high-profile debuts during the recent shows — including Jonathan…
The Debrief | Gen Z Isn’t Buying Luxury’s Story
Listen to and observe ‘The Debrief’: Apple Podcasts | Spotify | Overcast Background: Luxury is struggling to attach with Gen Z, a cohort raised on TikTok and YouTube who analysis earlier than they purchase, store classic and resale as a primary cease, and query whether or not hovering costs match product high quality. While Millennials fuelled the final luxurious increase through streetwear…
Does Brunello Cucinelli Have the Answers to Luxury’s Problems?
Solomeo, Italy – On a muggy day in late August, Italy’s “king of cashmere,” Brunello Cucinelli, is mulling the state of the luxury industry. Throughout the go-go years of the last decade, when exuberant double-digit growth rates were the norm for many major high-end brands, his “quiet luxury” label sold a different story to investors, framing ambitions to grow revenue by a steady 10 percent a…
Refashioned: Luxury’s Trust Issues
Subscribe to Refashioned by Sarah Kent, a weekly newsletter on how to build a cleaner, fairer fashion system. Welcome to fashion’s marathon month of designer debuts! We’ve jumped right in with a big series on The Great Fashion Reset, unpacking all the challenges facing luxury’s biggest brands as they head into a high-stakes season. It includes some fantastic coverage from BoF’s best that I highly…