The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
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Created by BoF’s journalists and editors, in conjunction with our wider network of leading fashion creatives, thought-leaders, and innovators, Masterclasses are in-depth webinars with supporting resources, designed to deliver key learning outcomes on critical industry topics.
The lockdowns may be lifted, but consumers’ increased attention to their homes has persisted in a post-pandemic world. According to Lori Legaspi Moores, vice president of merchandising at Ssense, demand for interior products has risen “across the board” from coffee makers to rugs and candles.
“People are much more intentional about their interiors … it’s impacting almost every item in your home thinking about, ‘how do you elevate this?’ or ‘how does it become even more functional?’” said Legaspi Moores.
In this Masterclass, Legaspi Moores and Fflur Roberts, head of global luxury goods research at Euromonitor International join BoF Insights’ associate director of research and analysis Rawan Maki and senior research lead Benjamin Schneider to break down BoF Insights’ report, “The Lifestyle Era: Luxury’s Opportunity in Home and Hospitality” and discuss how fashion and luxury brands can expand into home design and meet consumers’ interior design needs.
From home design to hotels, the $4.3 trillion lifestyle sector is set for growth as customers prioritise experience and place greater value on the spaces where they live, work and socialise, according to BoF Insights’ new report.
A new BoF Insights report tracks the evolution of the fast-growing high-end footwear market — and why luxury shoppers are willing to spend more than ever on the perfect shoe.
The designer has always been an arch perfectionist, a quality that has been central to his success but which clashes with the demands on creative directors today, writes Imran Amed.
This week, Prada and Miu Miu reported strong sales as LVMH slowed and Kering retreated sharply. In fashion’s so-called “quiet luxury” moment, consumers may care less about whether products have logos and more about what those logos stand for.
The luxury goods maker is seeking pricing harmonisation across the globe, and adjusts prices in different markets to ensure that the company is”fair to all [its] clients everywhere,” CEO Leena Nair said.
Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a broader slowdown in demand for the sector.