Has Luxury Fashion Priced Itself Into Extinction?
News Corp is a network of leading companies in the worlds of diversified media, news, education, and information companies. But as we’ve already seen, with the huge growth tempo that luxury market goes at, it’s solely a matter of time till every shopper, regardless of their social status, earnings, age, heritage, and buying motivation, will be able to afford one or ten or even more excessive-trend gadgets for his or her wardrobes and households.
A telling statistic as an instance: In keeping with a examine by McKinsey, by 2018 international digital gross sales for ladies’s luxury trend are expected to develop from the present 3% of the entire market to 17%, for a complete market measurement of $12 billion.
Based on Luxury Day by day tendencies emerged throughout 2012 to counsel that affluent customers crave a mix of expertise and custom when interacting with luxury” – and whereas conventional brick and mortar (by some means silver and gold” seems more applicable) shops cater to these clients eager for special consideration, the mobile solution is there for those who know what they want: and want it rapidly.
Our unique mixture of established manufacturers and emerging contemporary designers leads to an eclectic edit of products, from iconic labels like Balmain, Valentino, Alexander McQueen, Fendi, Missoni, Emilio Pucci and Jil Sander to the recent offerings of Simone Rocha and Marco de Vincenzo.
Alongside refined photo shoots with famend photographers and celebrated stylists, the website provides insight on new street-model trends, coveted red carpet seems and all of the important trend news reported straight from the runway.