The market has evolved greatly in recent years, transforming the design process and the way fashion start-ups are created. FashionNetwork.com looks at the advantages emerging designers have, and the hurdles they face.
According to the latest report from luxury consignment platform TheRealReal, Gucci currently leads the pack when it comes to resale, while streetwear has kept its cool and logomania is conquering new categories.
The young Amsterdam-based designer, a semi-finalist at the LVMH Prize 2019, is staging an exhibition entitled ‘Old Stock’ in Utrecht, the Netherlands, until October 27, showcasing his work with recycled clothes.
Gucci may not have grown quite as fast in the latest quarter, according to Kering’s recent results, but it continues to be hugely popular, with the brand making it back to the top spot in the latest Lyst Index for Q2.
Kering’s main Gucci brand, which set a high bar for luxury goods rivals during several years of explosive growth, posted a slower-than-expected rise in second-quarter sales on Thursday, hit by a blip in the U.S.
Saks Fifth Avenue has opened one of the largest luxury men's shoe destinations in the country, as part of the continued 'grand renovation' of its New York City flagship, at 611 Fifth Avenue at 50th Street.