Drapers’ Post

Luxury and premium fashion retailers were expected to remain resilient against economic headwinds after thriving during the pandemic. But 2024 has brought serious challenges for the sector – especially for those operating predominantly online. Find out more by clicking below. #luxuryfashion #etailer #fashionretail #fashionnews #Matches #Gucci #Burberry #Farfetch #HarveyNichols

As always, it was a pleasure to contribute my thoughts and insights to Drapers for this article by Sabina Weston. The luxury fashion landscape is complex at the moment with several factors from climate change to interest rates and tax, cost of living crisis to shifts in consumer mindsets all playing a role. As Richard Lim from Retail Economics points out, “Keeping a close eye on costs and looking at better ways to drive efficiency” remain key business strategies; and that sounds simple but it's been difficult for some retailers including those with newer leadership/teams to move quickly enough in order to correct the damage done. Over the years we (Flint Hyde) have made several placements for clients in the luxury and fashion ecommerce spaces and it's been difficult to see some incredible, hard-working talent go through so much challenge. Also for the smaller brands and businesses who have relied on these platforms to promote and sell their goods. It will be interesting to see what's to come for luxury and luxury ecommerce businesses but like most sectors, it's not all doom and gloom - "there are also ways to win – even in this difficult market". #luxury #ecommerce #fashion #talent

Luxury and premium fashion retailers were expected to remain resilient against economic headwinds after thriving during the pandemic. But 2024 has brought serious challenges for the sector – especially for those operating predominantly online. Find out more by clicking below. #luxuryfashion #etailer #fashionretail #fashionnews #Matches #Gucci #Burberry #Farfetch #HarveyNichols

Luxury and premium fashion retailers were expected to remain resilient against economic headwinds after thriving during the pandemic. But 2024 has brought serious challenges for the sector – especially for those operating predominantly online. Find out more by clicking below. #luxuryfashion #etailer #fashionretail #fashionnews #Matches #Gucci #Burberry #Farfetch #HarveyNichols

Luxury and premium fashion retailers were expected to remain resilient against economic headwinds after thriving during the pandemic. But 2024 has brought serious challenges for the sector – especially for those operating predominantly online. Find out more by clicking below. #luxuryfashion #etailer #fashionretail #fashionnews #Matches #Gucci #Burberry #Farfetch #HarveyNichols

Stil Lifestyle has been East Sussex's go-to destination for unique womenswear brands for more than a decade. Founder Sulaika W. tells Drapers how the business has made it work over the years – and why it is thriving, despite Brexit-related challenges. Read the full interview below. #inspiringindependents #independents #retailnews #fashionnews

The discovery step is crucial for me to understand who you are and what our journey together will entail. With years of experience in the luxury retail industry, I know firsthand how important it is to take the time to understand your needs before we even begin to explore clothing options. Let's work together to make sure your experience is personalized and tailored to your unique style. #personalizedservice #luxuryretail #fashion #style

The luxury fashion industry, epitomised by brands like Burberry, faces a critical juncture as it grapples with a decline in sales. https://lnkd.in/d9cZzJUv #customer #experience #customerexperience #customerservice #customerjourney #satisfaction #growth #consultant #listen #observe #act

🤠 Beyoncé and Bella Hadid led the cowboy comeback, while Pharrell William's Louis Vuitton FW24 show was rodeo-inspired, showing how important the trend is across markets. 👖 Jeans remain the commercial backbone of Western looks. 🍂 When planning for fall, take note of shifts in shape investment. 📊 Wide fits in womenswear are +83% YoY. In menswear, baggy - a term featured in 26% of sell outs - has been a bestseller so far. 👀 Read How To Invest In Western For 2024. https://lnkd.in/eZWjh6Rb Chart - EDITED Market data looks at arrivals across selected US and UK retailers, new in between December 1st – February 20th, 2024 vs. 2023.

  What are the key factors influencing the men's suit industry, and how do evolving #fashiontrends, corporate dress rules, and changing #social norms impact market demand and growth? The men's suit industry is profoundly influenced by dynamic fashion trends, corporate dress regulations, and shifting social norms. Evolving #styles drive #consumerpreferences, prompting #manufacturers to adapt offerings, fostering market expansion. Corporate dress codes propel demand, emphasizing the significance of suits in professional settings. Celebrity endorsements amplify consumer interest, utilizing influential figures to shape market trends. Conversely, the rise of casual attire restrains industry growth, reflecting changing societal expectations in both work and social #environments.   Explore the market overview:  https://lnkd.in/dt_vbv9D   Key Players: Authentic Brands Group, Aditya Birla Fashion and Retail Ltd., Raymond Limited, GIORGIO ARMANI S.P.A., PVH Corp., Paul Smith. #AMR #MensFashion #SuitTrends #CorporateStyle #FashionInnovation #MarketExpansion #CelebrityEndorsements #CasualAttireImpact #WorkplaceFashion #ConsumerBehavior #FashionIndustryTrends #SocialNorms #StyleEvolution #BusinessCasual #MarketInfluence #FormalWear #MensStyleUpdate