Last year, Balenciaga announced that its parent company Kering was taking its eyewear line in-house after it had previously been licensed out to Marcolin, which also produces glasses for TOM FORD, Diesel, and Moncler. The first in-house collection has now launched exclusively at Dover Street Market beginning January.
Read this on Highsnobiety.
Anything can happen and fashion has a short memory, according to observers, but the fallout may be more easily forgotten in the West, while it appears it could take longer in China.
Read this on WWD.
LVMH and other giants of luxury fashion face the same crosscurrents that resulted in the iPhone maker’s gloomy sales forecast.
4. Gucci and other luxury brands are shaking off their old-fashioned airs to attract millennials and Gen Z – and it’s really paying off
A demand for irreverence among youth is leading fashion brands like Diesel and Highsnobiety to rethink their refined aesthetic, and embrace openness and accessibility.
Read this on South China Morning Post.
In 2019 a major pivot is underway in the luxury marketplace as mega brands and startups start to rethink what luxury means to this highly coveted consumer.
Read this on Forbes.