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.
Dior ranked number one, followed by Chanel, Gucci, and Louis Vuitton, in a ranking of luxury fashion brands’ media impact from consultancy Launchmetrics, which estimates the value of brands’ visibility across social networks and in the press.
Leather-goods giant Hermès, known for its insider positioning and comparatively small investments in publicity, did not crack the top 10 in Europe or the US, but enjoyed high levels of visibility in China, ranking as the number-5 brand in that key market according to the report.
Launchmetrics has launched the quarterly ranking as luxury labels including Gucci and Celine increasingly abandon the traditional calendar for revealing their collections, staging many events outside of fashion weeks, and following its acquisition of Chinese data consultancy Parklu, which specialises in monitoring brands across social media platforms like WeChat, Weibo, and Xiaohongshu (Little Red Book).
The report confirms the scale of hefty media investments by owner LVMH in growing Dior’s market share last year. Billboards, social media campaigns, and other splashy announcements seemed to push awareness of the Parisian couture house to new heights even during the pandemic.
Often left out of the picture in a youth-obsessed industry, selling to Gen-X and Baby Boomer shoppers is more important than ever as their economic power grows.
This month, BoF Careers provides essential sector insights to help PR & communications professionals decode fashion’s creative landscape.
The brand’s scaled-back Revolve Festival points to a new direction in its signature influencer marketing approach.
Brands selling synthetic stones should make their provenance clear in marketing, according to the UK’s Advertising Standards Authority.