Deep diving into the latest in luxury

Deep diving into the latest in luxury

Welcome to the weekly?Vogue Business?LinkedIn newsletter. Each week, we’ll be sharing a roundup of some of the biggest stories in the fashion and beauty industries.?This week there's been many updates from the luxury industry, whether it was Gucci's first show in South Korea or Burberry's recent financial results to celebrities breaking into the luxury sphere and exclusive reports on Gen Z's luxury shopping trends, we're deep diving into the strategies behind the latest news...

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Men’s handbags are a growing category for luxury retailers, beyond traditional briefcase or crossbody styles - an opportunity is out there for brands to capture. Men’s bags grew 7 per cent in the 12 months ending January 2023, according to consumer behaviour advisory firm Circana.?#VogueBusiness?breaks down the opportunity.?

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Gucci staged its 2024 cruise collection at Seoul’s Gyeongbokgung Palace. It marks 25 years for Gucci in South Korea, a country that continues to rise as a vibrant luxury fashion hub.

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This week Burberry reported better-than-expected sales in the fourth quarter thanks to the rebound in China and the continued momentum of its?multi-pronged transformation plan. However, shares tumbled 6 per cent amid ongoing challenges in the US.?

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Chanel has named actor Timothée Chalamet as the new face of its top-selling men’s fragrance Bleu, what does this signal about men's beauty?

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This week, actress Angelina Jolie announced she’s launching a fashion collective where “everyone can create,” the intention is to facilitate collaboration with tailors, pattern-makers and artisans globally; to only use leftover, quality vintage material and deadstock; and spotlight everyone involved in the process.

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Plus, it's home to rising numbers of young and affluent consumers, post-lockdown India has become one of the key growth markets for international luxury. #VogueBusiness unpack the latest levers for success.

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And finally, when it comes to how they shop, Gen Z and Gen Alpha are hard to predict.?What’s driving younger consumers in 2023, and where do the opportunities lie for luxury brands?



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Gucci: A Timeless Icon in the World of Luxury Fashion Gucci, the iconic Italian fashion and leather goods brand, has a rich history and an unparalleled reputation for luxury and quality. From its inception in 1921 by Guccio Gucci to its current position as a global fashion powerhouse, it has undergone transformations, challenges, and resurgences that have shaped its journey. In this article, we'll delve into the brand's history, its strategies in the digital age, its marketing prowess, and its promising future plans. To read more... https://vichaardhara.co.in/index.php/2023/09/19/gucci-a-timeless-icon-in-the-world-of-luxury-fashion/

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KRISHNAN NARAYANAN

Sales Associate at Microsoft

1 年

Great opportunity

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