Consumer Behavior: Page 3
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Miu Miu is the year’s buzziest brand: report
Lyst’s 2023 Year in Fashion also name-checked Loewe, the Adidas Samba, Uniqlo’s shoulder bag, Kylie Jenner and quiet luxury in its top trend roundup.
By Lara Ewen • Dec. 4, 2023 -
Early holiday luxury apparel sales stagnate: report
While Black Friday online apparel shopping surged, aspirational shoppers have pared back spending on high-end goods on the heels of economic headwinds.
By Howard Ruben • Nov. 27, 2023 -
Personal luxury goods market projected to grow 4% by the end of 2023: report
The market is expected to soften through Q4 and into 2024, said Bain and Company, hampered by slow recovery in the U.S. and macroeconomic tensions in China.
By Lara Ewen • Nov. 15, 2023 -
Deep Dive
Rocking the boat shoe: Sperry’s search for a lifeline
Wolverine is looking to unload its 88-year-old lifestyle footwear brand, but finding the right buyer is a hard sell.
By Lara Ewen • Updated Nov. 20, 2023 -
Deep Dive
5 lessons brands can pull from Barbie’s marketing master class
Now that Greta Gerwig’s movie has left theaters, here’s what the fashion industry needs to know about the next trend.
By Laurel Deppen • Oct. 17, 2023 -
Miu Miu tops Lyst Index for the first time
Loewe came in second, while Maison Margiela’s Tabi shoe was dubbed the hottest product in the world for the quarter.
By Lara Ewen • Oct. 12, 2023 -
Both ‘quiet’ and ‘loud’ accessories see interest in luxury resale market: report
Classic brands like Celine and Tiffany & Co. saw increased interest from luxury resale shoppers, but bold patterns like polka dots and magenta still held their own, the report from Fashionphile found.
By Howard Ruben • Sept. 29, 2023 -
Consumers plan to spend more on luxury: report
Feeling more optimistic about the economy, luxury consumers are booking travel and opening their wallets.
By Lauren Schenkman • Sept. 28, 2023 -
Deep Dive
Style’s silver lining
Fashion’s wealthiest generation is also its oldest, and as its ranks expand, there are opportunities and challenges for an industry that largely ignores them.
By Lara Ewen • Sept. 12, 2023 -
Early back-to-school fashion purchases favored lower-priced brands and discounters
Mid-tier and high-end department stores and apparel subscriptions saw double-digit spending drops, which may signal that consumers are feeling economic and inflationary pressures.
By Howard Ruben • Sept. 8, 2023 -
Despite economy, consumers still splurge on apparel: report
Brands can convince consumers to spend even during tough financial times by appealing to their emotions.
By Lauren Schenkman • Sept. 5, 2023 -
On, Asics, Salomon among fastest-growing footwear brands on secondary market
New 2023 rankings from StockX on sneakers, footwear and accessories suggest that running shoes are in high demand, and overall results may predict Q4 holiday trends.
By Howard Ruben • Aug. 25, 2023 -
Luxury resale still robust despite recession concerns: report
Investment items continue to sell well in every demographic, and “fair condition” pieces are becoming increasingly popular with younger shoppers.
By Lara Ewen • Aug. 22, 2023 -
QVC expands private label to include adaptive clothing
The Denim & Co. Adaptive brand is an addition to QVC’s accessible and adaptive category that launched in March.
By Xanayra Marin-Lopez • Aug. 22, 2023 -
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Aug. 21, 2023 -
Nearly half of brides are considering eco-friendly gowns: report
Sustainable fashion is a growing trend in the wedding industry as more brands create options for environmentally-conscious brides.
By Howard Ruben • Aug. 17, 2023 -
Athletic fashion market expected to reach $350B valuation by 2032: report
Recent insights from LaunchMetrics show luxury and streetwear collaborations with athletic brands can add value.
By Laurel Deppen • July 17, 2023 -
Aldo and Mattel debut Barbie-themed shoes, handbags and accessories
The 19-piece collection showcases a variety of pink hues.
By Laurel Deppen • June 29, 2023 -
Global luxury apparel sales strong: report
The Bain & Company and Altagamma’s 2023 spring luxury study, released last week, said the personal luxury goods market focused on wardrobe staples and new formal and occasion wear.
By Lara Ewen • June 27, 2023 -
Fashion is moving past gendered norms: report
More people want to dress beyond the gender binary but sizing may cause an issue, according to a report from Highsnobiety.
By Laurel Deppen • June 27, 2023 -
5 top looks from Pharrell Williams’ Louis Vuitton menswear debut
Presented on the first day of Paris Men’s Fashion Week, the spectacle-laden runway event offered a celebrity-driven creative vision for luxury’s future.
By Lara Ewen • June 22, 2023 -
Younger shoppers are spending less on apparel: report
Luxury brands received the biggest drop off in spending from consumers under 34.
By Laurel Deppen • June 16, 2023 -
Adobe: Online prices fell 2.3% in May, the biggest drop since the pandemic began
Overall inflation has slowed in recent months, the research firm found.
By Tatiana Walk-Morris • June 13, 2023 -
Dior is the most popular luxury brand online: report
In its sixth annual ranking, released last month, Luxe Digital named the French fashion house to 2023’s top spot, toppling Gucci for the first time.
By Lara Ewen • June 9, 2023 -
Deep Dive
From screen to store: metaverse goes mainstream
Digital fashion makes the leap into the real world as avatars and their creators share silhouettes and styles.
By Khanh T.L. Tran • June 6, 2023