What is Mexico's role in the luxury industry's nearshoring shift? As the luxury fashion industry seeks agility and sustainability, Mexico emerges as a pivotal nearshoring partner. From reduced lead times to enhanced craftsmanship, discover how this strategic shift is reshaping the luxury landscape. ✨ Dive into our latest blog to explore Mexico’s crucial role in transforming luxury fashion’s supply chain. Link to the blog ➡️ https://lnkd.in/eMC8gV5P
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Luxury isn’t just a label—it’s craftsmanship, quality, and authenticity. At AuthenticateFirst, we examine every detail to confirm your luxury items are the real deal. Don’t just own luxury—own it with confidence. 👌 Trust Begins with Authenticate First. authenticatefirst.com #authentication #identification #branded #luxury #fashion #fashionstyle #style #brand #acccessories #handbags #luxuryhandbags #authenticatefirst #authfirst #AuthenticBags #DesignerBags #FashionTips
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Luxury fashion’s dirty little secret. For years, luxury brands have escaped the same level of scrutiny shown to fast fashion brands regarding their supply chain, workplace and environmental practices. Behind the shimmering facade of luxury fashion lies a dark side that often goes unnoticed, built on a misguided assumption that the higher the prices, the more fair, ethical and sustainable it is. That certainly holds true for some: think Stella McCartney as one beacon of luxury brand with an unshakable higher purpose and practices. Unfortunately it does not for some other luxury giants. Christian Dior Couture and Giorgio Armani, to mention a few, are among the world’s most reputable companies. So it came quite as a surprise to learn they allegedly acted disreputably when it comes to their supply chain. An Italian court just recently found both companies used contractors which violated workers’ rights so that they could produce “Made in Italy” products for “Made in China” prices. The luxury industry has shrugged off labor scandals in the past, but the current controversy comes amid increased regulatory scrutiny, a market slowdown and growing debate on social media over whether luxury brands are really worth it. It’s starting to look like luxury fashion’s dirty little secret is not that little after all. Read more about the damning investigations inside luxury's supply chain practices at the Reuters article linked below in the comments👇 #luxury #fashion #supplychain #sustainability #retail #fashionbrands #luxurybrands #linkedinpostsbymariopace
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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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💼 Embrace the smart side of luxury with Luxury with Discounts! Ever considered that buying a Hermès accessory from us means you can wear it now and later sell it in the pre-loved market for the same price? That's the reality! We've revolutionized the luxury fashion game by providing new Hermès accessories at second-hand prices. Enjoy luxury today and recoup your investment tomorrow, without missing a beat. Experience the savvy way to explore luxury with Luxury with Discounts 🛍️💎 #SmartLuxury #FashionInvestments #luxuryfashion #LuxuryResellers #authenticluxury #discountedluxuries #discountedprices #luxuryshopping #exclusiveoffers #luxurydeals #discountedluxuries #luxurygoods #discountedprices #luxuryforless #hermes #affordableluxury #luxurytrends #luxuryaccessories #luxurybargains #exclusiveoffer #exclusiveoffers
💼 Embrace the smart side of luxury with Luxury with Discounts!
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Luxury Insights: Why Does Louis Vuitton Burn Unsold Products? 🔥 In the world of luxury fashion, maintaining exclusivity is paramount. Recently, it came to light that Louis Vuitton, one of the most iconic luxury brands, burns its unsold products instead of discounting or donating them. But why? Key Reasons: 1. Preserving Exclusivity: Louis Vuitton aims to avoid diluting its brand's luxury status by ensuring that unsold items are not available at lower prices. 2. Financial Incentives: Under the "duty drawback" law in the U.S., companies can reclaim import duties on goods that are destroyed. This makes financial sense for high-duty items like luxury bags. While this practice ensures brand value, it has sparked debates about sustainability and waste. Some luxury brands are shifting towards more eco-friendly practices, focusing on recycling or donating unsold products. Discussion Points: - Brand Value vs. Sustainability: How should luxury brands balance maintaining exclusivity with sustainable practices? -Industry Trends: With companies like Burberry pledging to stop destroying unsold products, will we see a shift in industry standards? As a Business Development & Strategic Marketing Enthusiast, I find this topic fascinating. It highlights the delicate balance luxury brands must maintain between exclusivity and ethical responsibility. What are your thoughts on this practice? Can luxury brands find a sustainable way to preserve their exclusivity? 💭 #LuxuryFashion #BrandStrategy #Sustainability #MarketingInsights #LouisVuitton
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Why copying mass market strategies is killing luxury brands’ exclusivity. Luxury fashion is a $115.90 billion industry built on creativity, tradition and craftsmanship. Read More: https://lnkd.in/g49uTw9y #LuxuryConnect #LuxuryCruxx
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Loewe: A Lesson in Timeless Reinvention When we talk about legacy in the world of luxury fashion, it’s impossible to skip Loewe. Established in 1846 (si, hace siglos), this brand has evolved from a small leather goods workshop in Madrid to one of the most innovative fashion houses. But the secret to their success? Reinvention. Loewe found a genius way to merge tradition with the avant-garde when they hired Jonathan Anderson in 2013. This was a game changer! 💥 Anderson didn’t just add his signature modern touch (those Puzzle bags, OMG 😍), but he kept the brand’s core values intact: craftsmanship and attention to detail. Just as Seth Godin 🌔 explains in The Dip: knowing when to persist and when to pivot is key to long-term success. It’s not just about pushing through tough times; it’s about making the right moves at the right time. Because… let’s face it: Loewe is proof that you can evolve while still staying true to your roots. They’re a brand that constantly adapts, innovates, and sets trends, all while staying true to their legacy. As Anderson himself said, “Loewe is not about the past. It’s about creating something that is relevant today, but with a nod to where we come from.” #Loewe #StrategicSuccess #JonathanAnderson #LuxuryCraftsmanship #TheDip #Persistencia #ModaDeLujo #InnovaciónYTradición #CraftingTheFuture
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🚀 Resilience and Growth in the Luxury Sector: A First-Quarter Insight As we review the first-quarter figures across the luxury market, it's clear that the narrative isn't one of decline, but of remarkable resilience and selective growth. Despite the fears of a slowdown post-pandemic, certain brands have showcased their enduring allure and robust performance. 🔍 Divergent Performances While some brands face challenges, particularly in China, others like Hermès are soaring, with a 17% increase in first-quarter organic sales driven largely by their high-margin leather goods. This variance underscores the importance of strategic brand management and market positioning. 💡 High-End Resilience The luxury market's strength continues to be buoyed by the ultra-wealthy, with Hermès and Brunello Cucinelli leading the charge. Hermès’s ability to outperform, even in damped economic conditions, highlights the lessened impact of economic fluctuations on super high-end consumers. 📈 Stable Growth Prospects Despite the end of the post-pandemic sales boom, the luxury sector is on a path to achieving a steady growth rate of 6-8% this year. This is a testament to the sector's size and the strategic agility of luxury brands. #LuxuryBrands #MarketInsight #BusinessStrategy #Resilience
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How H&M Gave Me a Masterclass in Luxury Fashion (Yep, Really) 💼👗 Sometimes, inspiration strikes in the least expected places. Who knew a trip to H&M would be the catalyst for my own luxury clothing brand? 🛍️ For all the glam and glory of high-end fashion, it was the simplicity of H&M's product quality and pricing that taught me the real essentials: quality matters, but so does understanding your customer's wallet. 💸 H&M showed me that luxury doesn’t always mean sky-high prices; it’s about creating value. It’s a balancing act—a fusion of style, durability, and a price tag that respects your customer. It’s easy to think luxury means excess, but true luxury means knowing when to hold back and letting quality do the talking. 👕 So here’s to blending high standards with fair pricing, and a brand built on the idea that luxury isn’t just for a few, but for everyone who values both design and their hard-earned cash. 🌟💵 #BrandBuilding #LuxuryFashion #TheWilliamStreet #HM https://buff.ly/4hyi5kA
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'How Hermès is bucking the global luxury slowdown 🌐👛📈 #Hermès #LuxuryRetail #MarketTrends #RetailInsights. Get detailed insights at databoutique.com, your largest source for public data 📊💻 #DataBoutique #DataAnalytics' by cnbc about Hermès
How Hermès is bucking the global luxury slowdown
cnbc.com
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