Retailers and shoppers have different expectations for fashion technology.
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Polarisation Strikes Back for the Luxury Industry: Bain
The luxury industry is becoming increasingly polarised, with only 65 to 70 percent of brands expected to achieve a positive growth rate this year.
A Neo-Westward Movement: Luxury’s Geo-Expansion In China
The Chinese luxury market is showing no signs of slowing down. Luxury brands are continuing to expand physically in China, how will their playbook change in the post-pandemic era?
Will Kering Be The Next Beauty Disruptor?
Kering has officially established its beauty division Kering Beauté to develop its beauty business, following in the footsteps of LVMH, Chanel, and Hermès. What are the possibilities for Kering Beauté, and how will it reshape the premium beauty landscape?
Bain: “The Next China” Is China
Bain estimates that Chinese luxury sales are set to return to 2021 levels between the first and second half of this year. VICs, the duty-free market and global pricing strategies will be key factors impacting the rebound of China’s luxury landscape.
How Can Brands Build a “Phygitalised” Consumer Journey?
As brands ramp up their omnichannel efforts, the consumer journey has become increasingly sophisticated. Brands are introducing more “phygitalised” services and experiences to reduce friction across channels. This trend was discussed in detail during a panel discussion at this year’s eTail Asia.
Hyperphysical Stores Are The Next Big Thing. But Are They Here To Stay?
Tactile materials, robotic automation, and legacy locations are all the latest displays of hyperphysical retail, a growing macro trend that focuses on heightening the senses of consumers through enriching, emotional, ethereal, and exclusive experiences. But is this trend something all luxury brands should embrace and how long will it actually last?
Opinion: How Can Luxury Brands Prepare For Volatility?
The events of the past few months alone have shown us just how quickly unforeseen events can shake up global markets. As the luxury industry once again pivots to adjust to the challenges they now face, Luxury Society Columnist Mario Ortelli looks at how brands can best prepare, react and future-proof themselves for volatility.