The Impression’s Post

Is Degrowth the Next Luxury Fashion Business Model? Embracing the concept of Degrowth isn't just a trend; it's a positive shift towards sustainability and mindful consumption. From luxury houses like Chanel and Hermès to emerging brands like Marfa Stance and LR3 by Louis Rubi, the industry is reimagining its practices. Taking a pragmatic look at the industry-at-large, consideration needs to be paid to all the various moving parts before an honest conversation can be had around how to implement the concept of shrinkage over growth. #Chanel #Hermes #PhoebePhilo #LVMH #Dior #Coperni #Armani #Prada #Burberry Read more:

The fashion luxury industry is at a crossroads, navigating fleeting trends, rising costs, and the rise of circular fashion. Traditional brands must adapt to second-hand luxury fashion, which is redefining luxury for modern consumers. https://lnkd.in/grVDx4Wm

As we close 2024, the luxury fashion industry stands at a crossroads. This year, brands balanced tradition with transformation, navigating economic uncertainties, shifting geopolitics, and changing consumer expectations. In between challenges, collaboration emerged as a standout strategy. Collaborations in luxury fashion were a catalyst for creativity, allowing brands to reach new audiences and craft compelling narratives. Some of the most successful included: - Porsche AG x Imon Ri: Engineering meets wearable art. - Skins x Charlie XCX: A bold take on intimate fashion. - Lacoste x Chatô Mezon Rug: Sport meets French classicism. - Tyler the Creator x Louis Vuitton: Personal style fused with timeless luxury. Louis Vuitton led the way, relaunching iconic collaborations with Takashi Murakami and Yayoi Kusama, while reinventing the Neverfull bag. These moves were not just nostalgic callbacks but strategic responses to economic uncertainty, minimizing risks and deepening emotional connections. Why brands reached out to collaborations, and why did they work: 1 - Reaching New Audiences: Collaborations helped brands connect with younger, diverse demographics valuing authenticity and exclusivity. 2 - Capitalizing on Nostalgia: Revisiting past successes blended nostalgia with relevance, engaging both loyal and new customers. 3 - Risk Mitigation: Proven collaborations provided stability in an uncertain market. 4 - Cultural Relevance: Partnerships fueled cultural conversations, turning collections into shared moments. A personal view for 2025 and beyond: Luxury brands must evolve collaborations into lasting impact while addressing systemic shifts. 1 Purpose-Driven Partnerships Future collaborations must align with sustainable practices and meaningful impact, focusing on ecological regeneration and circular design. 2 - Hyper-Personalization Advances in AI and digital fashion will enable bespoke, exclusive designs tailored to individual identities. 3 - Sustainability as Strategy Luxury must prioritize regenerative materials, carbon neutrality, and sustainable innovation to meet global demands. 4 - Timeless Value Over Growth Enduring design and repairability should replace fast cycles, fostering lasting value over volume-driven growth. 5 - Blending Digital and Physical Expect deeper integration of virtual and physical luxury, where digital worlds drive storytelling and exclusivity. Luxury has always reflected cultural shifts. In 2025, it must lead not just in creativity, but in driving systemic transformation. True luxury lies in legacy, sustainability, and timeless relevance.

Raised amidst heightened environmental awareness, we the Gen Zers are driving a shift towards sustainability by embracing the pre-owned luxury market. This trend sees individuals buying and selling used luxury items like designer apparel, handbags, and jewelry, offering a blend of affordability and eco-conscious choices. Key highlights inside:https://zurl.co/T4Il #GenZLuxury #SustainableFashion #PreOwnedMarket #LuxuryResale #EcoFriendlyLuxury #InfluencerFashion #SecondHandLuxury #LuxurySustainability #LuxuryTrends

Where Luxury Meets Individuality in Sustainable & Trendy Fashion

The Quiet Luxury Revolution is Here! Quiet luxury is making waves in the fashion industry, and it’s more than just a trend—it’s a statement. As economic uncertainty looms, consumers are shifting their focus from overt branded items to discreet, timeless pieces that speak volumes about quality and craftsmanship. Subtle Sophistication: Brands like Loro Piana, Max Mara and Hermès are leading the way with designs that prioritise craftsmanship over conspicuous branding. Investment Pieces: Consumers are investing in classic items like designer bags and watches, which hold or even increase in value over time. Cultural Influence: Celebrities and shows like Succession are amplifying the quiet luxury trend, influencing consumer behavior on a global scale. Sustainability Factor: This trend is also being driven by a desire for sustainable fashion—buying fewer, better-quality pieces. The rise of quiet luxury signifies a shift towards thoughtful consumption and timeless style, offering valuable lessons for brands in all sectors. #luxury #fashion #branding #quietluxury

IORMA LUXURY CENTRE UPDATE: THE FASHION INDUSTRY IN 2024 Edited by: Pandora Mather-Lees, Luxury Director, IORMA Research: Aleksandra Basova, IORMA Researcher September 2024 In this comprehensive exploration of the luxury fashion sector, we delve into the intersection of technology, consumer behaviour, and innovation. Representing IORMA’s Luxury Centre, we take a look at the evolving landscape of luxury fashion, identifying key trends that are shaping the industry’s future. From digital transformations to sustainability initiatives, this article uncovers the strategies and innovations that will define the luxury fashion sector in the coming years. View the Executive Summary and Download the FREE Full Report here:

IORMA LUXURY CENTRE UPDATE: THE FASHION INDUSTRY IN 2024 Edited by: Pandora Mather-Lees, Luxury Director, IORMA Research: Aleksandra Basova, IORMA Researcher September 2024 In this comprehensive exploration of the luxury fashion sector, we delve into the intersection of technology, consumer behaviour, and innovation. Representing IORMA’s Luxury Centre, we take a look at the evolving landscape of luxury fashion, identifying key trends that are shaping the industry’s future. From digital transformations to sustainability initiatives, this article uncovers the strategies and innovations that will define the luxury fashion sector in the coming years. View the Executive Summary and Download the FREE Full Report here:

the #chanel classic flap has gone up 70% in price since 2019 alone... We talk a lot about the rising costs of luxury fashion, as the prices increase, all but the bag lovers in the 1% are priced out. As status bags become more and more inaccessible, what will this do for the burgeoning fakes market, and for social mobility in those situations that require the status bag as the ticket to entry. But who says you can't have nice things? Not us 😅 as we approach our fifth year, its a chance to remind everyone what we're all about. Don't buy the bag, don't buy the fake, join the club, get karma points. #luxuryfashion #luxuryhandbags #rental #fashion #sustainablefashion

The Art of Collaboration: High Fashion Meets Modern Appeal At Retyche, we celebrate the evolution of fashion, where timeless luxury intersects with contemporary culture. Recent collaborations, such as the highly anticipated Skims x Dolce & Gabbana partnership, are redefining the boundaries of high fashion. These creative unions not only capture global attention but also align with our mission to make luxury fashion more accessible, sustainable, and inclusive. When Skims, a modern shapewear and loungewear brand, teamed up with Dolce & Gabbana, the result was a marriage of minimalism and opulence. The collaboration showcased reimagined archive pieces from Dolce & Gabbana’s iconic collections, styled with Skims’ signature simplicity. It was a perfect blend of the past and present, catering to a broad audience while maintaining the exclusivity of high fashion. This trend of collaboration is becoming more than a passing strategy—it's a way for heritage brands to stay relevant in a rapidly changing industry. By teaming up with brands like Skims, which resonate deeply with younger, digitally-savvy consumers, high fashion houses are opening their doors to new demographics. These collaborations inject fresh perspectives into traditional design while amplifying their cultural relevance in an era where storytelling and inclusivity drive consumer loyalty. At Retyche, we see these collaborations as a reflection of the broader shift towards making luxury more approachable. While partnerships like Skims x Dolce & Gabbana showcase modern innovation, we aim to extend this vision by offering preloved luxury items, ensuring timeless pieces find new homes. By giving customers access to luxury at attainable prices, we continue to champion the ethos of blending heritage with inclusivity—just as these collaborations do.