LONDON, United Kingdom – Just a few years ago, the concept of Ethical Luxury was dismissed by major luxury brands. Products based on environmental concerns and fair trade principles were associated with hippies. Most fashion conscious cosmopolites wanted nothing to do with the Birkenstocks, baggy pants, and hemp T-shirts of the so-called green movement. Today the current has started to shift. With global income inequality
Japan’s Fast-Fashion Frenzy (JC Report) “Japanese consumers have fallen head over heels for cheap clothing and may never turn back.” McCartney Sets New Tokyo, Paris Stores (WWD) Although the brand is only seven years old, Stella McCartney has opened new stores in Tokyo and Paris. The Gap’s Resurgence: Great Start to the Holiday Season (Seeking Alpha) At Gap, “spending is up significantly” for
Back in September, The Business of Fashion caught up with noted futurist Faith Popcorn to talk to her about “recession culture,” and how this changes the way consumers scrutinise spending decisions. It seems like a quaint discussion now (because of my questions, not Ms. Popcorn’s answers) because our interview took place back when consumers in the U.S. were still spending. Boy have things changed since then. By
