Blog: Leonie BarrieA look at luxury

Leonie Barrie | 6 September 2006

How long is the luxury trend likely to be hot? What can luxury designers do to better capitalise on the trend and make the trend last longer? How is luxury apparel best merchandised? How can luxury designers create better market share? And what opportunities still exist in this market? These are just a few of the questions tackled in a new report from just-style that reviews the global market for luxury apparel and puts forward forecasts for the sector to 2012.

The report concludes that the luxury market is back and growing stronger than ever. This bright future includes growth of roughly 10-15% annually - compared to mass retail growth of around 5% - which will make the sector worth a staggering US$2.4 trillion by 2012.

Helping this growth will be a 7% rise in the number of global millionaires, greater disposable incomes, and a still-growing “baby-boomer” population. Even those not in the ultra-rich circles will try to have one or two signature high-end pieces in their wardrobes. All-in-all the report makes for unmissable reading. Click on the link below to get hold of a copy.

‘Global market review of luxury apparel: forecasts to 2012


BLOG

A deep dive to unlocking digitisation's potential

So far, the promise of digitisation in the apparel industry remains largely unfulfilled. But with opportunities for new cheap supplier countries nearly exhausted, it is now seen as offering sourcing e...

BLOG

Kingpins Goes to DC – Watch now

The challenges and opportunities facing today’s textile and apparel industry is also explored in the second in a series of expert panel discussions that is now available to watch on demand...

BLOG

Industry outlook positive but disruptive

How is the global apparel sourcing landscape changing? According to executives at last month’s MAGIC fashion trade show in the US, "speed-to-market," "product differentiation" and "inventory control" ...

BLOG

Speed-to-market can be slow to achieve

It's easy for brands and retailers to see how they can potentially benefit from a successful speed-to-market program – but the irony is that without the support of strategic suppliers, it can be a lon...

just-style homepage



Forgot your password?