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.
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Created by BoF’s journalists and editors, in conjunction with our wider network of leading fashion creatives, thought-leaders, and innovators, Masterclasses are in-depth webinars with supporting resources, designed to deliver key learning outcomes on critical industry topics.
The lockdowns may be lifted, but consumers’ increased attention to their homes has persisted in a post-pandemic world. According to Lori Legaspi Moores, vice president of merchandising at Ssense, demand for interior products has risen “across the board” from coffee makers to rugs and candles.
“People are much more intentional about their interiors … it’s impacting almost every item in your home thinking about, ‘how do you elevate this?’ or ‘how does it become even more functional?’” said Legaspi Moores.
In this Masterclass, Legaspi Moores and Fflur Roberts, head of global luxury goods research at Euromonitor International join BoF Insights’ associate director of research and analysis Rawan Maki and senior research lead Benjamin Schneider to break down BoF Insights’ report, “The Lifestyle Era: Luxury’s Opportunity in Home and Hospitality” and discuss how fashion and luxury brands can expand into home design and meet consumers’ interior design needs.
From home design to hotels, the $4.3 trillion lifestyle sector is set for growth as customers prioritise experience and place greater value on the spaces where they live, work and socialise, according to BoF Insights’ new report.
A new BoF Insights report tracks the evolution of the fast-growing high-end footwear market — and why luxury shoppers are willing to spend more than ever on the perfect shoe.
The sharp fall in the yen, combined with a number of premium brands not adjusting their prices to reflect the change, has created a rare opportunity to grab luxe goods at a discount.
Fashion’s presence at Milan Design Week grew even bigger this year. Savvy activations by brands including Hermès, Gucci, Bottega Veneta, Loewe and Prada showed how Salone has become a ‘critical petri dish for dalliances between design and fashion,’ Dan Thawley reports.
The Hood By Air co-founder’s ready-to-wear capsule for the Paris-based perfume and fashion house will be timed to coincide with the Met Gala in New York.
Revenues fell on a reported basis, confirming sector-wide fears that luxury demand would continue to slow.