Quiet Luxury: The Future of Fashion? Luxury is changing, and it’s not about loud logos anymore—it’s about craftsmanship, quality, and confidence without shouting. In this CNBC interview, Ermenegildo Zegna breaks down how they’re leading the charge in the “quiet luxury” trend and adapting to the post-COVID shift in how we dress. Think: modern elegance that fits every part of life, from the office to everyday wear. If you’re fascinated by how brands are staying relevant in a world that values subtlety and authenticity, this is worth a watch. What’s your take—can “quiet luxury” reshape the fashion industry? Watch the video here. https://cnb.cx/46LXnHF
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ITALIAN LUXURY FASHION AT A DISCOUNT: ITALIST'S US EXPANSION. Italist is tapping into the growing American enthusiasm for Italian luxury fashion with a strategic approach that blends seasonal discounts and curated selections. By expanding into the U.S. market, italist aims to capitalize on the demand for high-end Italian brands, offering a more accessible entry point for American consumers seeking quality and value in their luxury purchases. This move reflects italist’s intent to integrate Milan’s renowned fashion directly into American high-end wardrobes, transforming the way Italian luxury is experienced stateside. Click the link to keep reading the article: https://lnkd.in/gSBRXGAE
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🌟 Dreaming of Hermès without breaking the bank? 💼 At Luxury with Discounts, turn your dreams into reality with brand new Hermès products at discounted prices! 🎉 From bags to accessories, we've got everything you need to elevate your style without emptying your wallet. Don't miss out—shop now and make your fashion dreams come true! #luxuryfashion #LuxuryResellers #authenticluxury #discountedluxuries #discountedprices #luxuryshopping #exclusiveoffers #luxurydeals #discountedluxuries #luxurygoods #discountedprices #luxuryforless #hermes #affordableluxury #luxurytrends #luxuryaccessories #luxurybargains #exclusiveoffer #exclusiveoffers
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In 2024, the luxury fashion industry continues to thrive, with top brands maintaining their dominance. LVMH 's Louis Vuitton leads the pack, followed by CHANEL , Hermès , and Gucci —setting trends and redefining elegance. These brands are not just fashion icons but global powerhouses, driving billions in revenue and influencing luxury markets worldwide. 🌟 Luxury fashion isn’t just about style—it’s about heritage, craftsmanship, and staying at the cutting edge of innovation. These brands continue to evolve and captivate the world's most discerning consumers. #LuxuryFashion #FashionIndustry #LuxuryBrands #Innovation #LVMH #Chanel #Hermes #Gucci #BusinessOfFashion #Fashion2024 Sources: Forbes , Vogue
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Hey, did you know that CHANEL and Hermès are totally dominating the preloved luxury handbag scene, and I mean, big time? According to Fantum Research, these two fashion giants are killing it when it comes to sales. Even though other brands have shown more enthusiasm into selling second-hand stuff, CHANEL and Hermès are still on top, which is pretty impressive considering they abhor the idea of selling 2nd hand anything with their name on it. Maybe it's because of how exclusive and dedicated they are to making top-notch products that people go crazy for them. In my opinion, it's all about their history, eye for detail, long-lasting quality, and the amazing materials they use that make them stand out. What do you think makes them so dominant? Drop your thoughts below and let's chat some more about it! And hey, don't forget to follow Fantum Research for more cool insights on the luxury second-hand market. #LuxuryFashion #SecondHandMarket #CHANEL #Hermès
Ignore it or Fight it: Luxury Houses v The Second Hand Market Neither CHANEL’s fight against second hand resellers, most recently through their case against What Goes Around Comes Around, nor Hermès’ complete disregard of the market, seem to diminish either of their rankings in it. As seen in this Fantum Research graphic, the two houses dominate by far the preloved luxury handbag market in terms of transaction volume, jointly representing over 3/4 of the market’s value. This places them far ahead of all other luxury houses which have adopted less extreme (or extremely disengaged) approaches to the preloved sector as seen through Kering’s investment in Vestiaire Collective or LVMH’s backing of Heristoria. Do you think Hermès & CHANEL’s reticence vis à vis the second hand market may be fueling demand? If not, what do you think drives their dominance? Follow Fantum Research to stay up to date with the latest insights on second hand luxury.
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French fashion and leather goods house Hermès is maintaining its double-digit growth streak. Throughout the first half of 2024, the maison amassed revenues of 7.5 billion euros, or $8.1 billion at current exchange, a 15.1 percent year-over-year boost at constant rates. Hermès' sales rose across all business regions and segments, often by 10 percent or more. Read the full article: https://bit.ly/46mvfw9 #LuxuryDaily #LuxuryNews #Hermès #LuxuryGoods #LuxuryFashion #LuxuryReport
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🌟 Love Hermès but hate watching your investments depreciate? 😩 At Luxury with Discounts, our Hermès accessories retain their value like no other! 💼 With prices that defy gravity and resale values that soar, your fashion investments will never take a nosedive. Buy today, wear tomorrow, sell the day after tomorrow—discover the secret to smart fashion investments at Luxury with Discounts! 💸✨ #luxuryfashion #LuxuryResellers #authenticluxury #discountedluxuries #discountedprices #luxuryshopping #exclusiveoffers #luxurydeals #discountedluxuries #luxurygoods #discountedprices #luxuryforless #hermes #affordableluxury #luxurytrends #luxuryaccessories #luxurybargains #exclusiveoffer #exclusiveoffers
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What's New to TheStreet... 📱👛Miu Miu Shines Amid Luxury Market Slowdown✨ Prada’s Miu Miu continues to defy the trends, posting impressive revenue growth in the first nine months of the year. A testament to timeless style and innovation in luxury fashion! 💼 What’s your favorite piece from Miu Miu? Share your thoughts below!👇🏻✨ 👉🏻Follow New To The Street for more! #MiuMiu #Prada #LuxuryFashion #RevenueGrowth #FashionTrends #LuxuryStyle #FashionNews #Innovation #Businessupdate #Businessnews #Business #News #Newtothestreet
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Partner Greater China & APAC Regional Sector Leader at Stanton Chase: Executive Search & Leadership Consultants | I Help Companies & Their Leaders Achieve Strategy
Despite a slowdown in the luxury sector, brands like Miu Miu and Hermès are thriving by leveraging their heritage, creative direction, and strategic pricing, with Miu Miu reporting a 105% surge in third-quarter revenues. Experts attribute their success to authenticity and a strong connection to cultural engagement, allowing them to resonate with consumers while maintaining disciplined pricing strategies. In contrast, many luxury brands have struggled due to a failure to connect with contemporary consumer preferences, highlighting the importance of aligning brand heritage with current market trends. #luxury #retail #fashion #consumerbehavior #brand #strategy
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Hermès 2Q Sales Rise 13% on Continued Appetite for High-End Luxury In the competitive world of luxury goods, Hermès continues to impress with a notable 13% rise in second-quarter sales, reaching €3.7 billion (approximately $4.02 billion). This organic growth offers a clear indication of sustained demand fo... https://lnkd.in/d4rBafMU
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Resilient Entrepreneur who risks his own money for freedom, and not exchanging it for cash. Founder/President of equal communication access and inclusion for hearing disabilities. Champion of rights and opportunities.
USD 56.46 billion in 2023 and is projected to be worth USD 60.29 billion in 2024 and reach USD 104.24 billion by 2032, exhibiting a CAGR of 7.1% during the forecast period. Europe dominated the handbag market with a market share of 33.86% The luxury handbag market, particularly for brands like Louis Vuitton and Chanel, merges fashion, economics, and culture, with growing demand resulting in increased counterfeiting. These handbags are perceived as status symbols linked to wealth and sophistication, heavily influenced by celebrity endorsements and premium craftsmanship. The counterfeit market has also expanded significantly, especially in countries like China and Japan, facilitated by e-commerce, with some consumers choosing replicas to partake in luxury culture more affordably, raising questions about authenticity. This rise in counterfeits threatens luxury brands by undermining their value and consumer trust, leading them to invest in anti-counterfeiting efforts. Additionally, consumer preferences are shifting toward sustainability and ethical production, prompting luxury brands to revise their strategies and enhance transparency. Overall, the industry's evolution showcases intricate social and economic dynamics, with brands needing to adapt continuously to maintain their prestige amid scrutiny over authenticity and changing consumer expectations.
