http://www.businessoffashion.com/2008/03/luxury-outlook-2008-slowdown-hits-london-retail.html The Business of Fashion is an essential daily resource for fashion creatives, business professionals and entrepreneurs in more than 200 countries around the world. Sat, 11 Feb 2012 22:49:45 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.businessoffashion.com/2008/03/luxury-outlook-2008-slowdown-hits-london-retail.html#comment-309 d Thu, 27 Mar 2008 23:48:21 +0000 http://www.businessoffashion.net/2008/03/luxury-outlook-2008-slowdown-hits-london-retail.html#comment-309 wow, 2 great new articles to come back to. wow, 2 great new articles to come back to.

]]> http://www.businessoffashion.com/2008/03/luxury-outlook-2008-slowdown-hits-london-retail.html#comment-310 Caricouture Tue, 25 Mar 2008 18:19:56 +0000 http://www.businessoffashion.net/2008/03/luxury-outlook-2008-slowdown-hits-london-retail.html#comment-310 I'm a multi-brand online boutique owner and my figures are only going up - go figure! It's definitely true that the retail mood in general is subdued though, but is this entirely down to the economic forecast? A lot of buyers are pointing to the lack of clear trends emerging on the runway, meaning that fashionistas are not being "forced" to update their wardrobes. Also, a lot of the buzz right now is around labels that most "ordinary" rich people simply will not feel comfortable wearing - Balenciaga, Lanvin, Givenchy, Marni etc. And for all the talk about "it shoes", they simply don't sell the way "it bags" do. Furthermore, I'm convinced the whole green/eco thing is having an impact as well. People simply have too much stuff and are reluctant to buy more non-essentials because they feel they are destroying the planet and/or exploiting underpaid workers somewhere. The feelgood factor is gone. I’m a multi-brand online boutique owner and my figures are only going up – go figure! It’s definitely true that the retail mood in general is subdued though, but is this entirely down to the economic forecast? A lot of buyers are pointing to the lack of clear trends emerging on the runway, meaning that fashionistas are not being “forced” to update their wardrobes. Also, a lot of the buzz right now is around labels that most “ordinary” rich people simply will not feel comfortable wearing – Balenciaga, Lanvin, Givenchy, Marni etc. And for all the talk about “it shoes”, they simply don’t sell the way “it bags” do. Furthermore, I’m convinced the whole green/eco thing is having an impact as well. People simply have too much stuff and are reluctant to buy more non-essentials because they feel they are destroying the planet and/or exploiting underpaid workers somewhere. The feelgood factor is gone.

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