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.
As the Munich-based luxury e-tailer saw another quarter of high-flying sales and profit growth, its chief executive says speculations of the company going private are “not totally unreasonable” — but remains mum on widely reported M&A prospects.
The brand isn’t the only one struggling in a cooling luxury market, but the weak numbers increase pressure on CEO Jonathan Akeroyd to deliver Burberry’s long-awaited turnaround.
The luxury parka maker is aiming to elevate its image as it faces strong competition.
The futures of multi-brand luxury heavyweights Yoox Net-a-Porter and Neiman Marcus may be decided in the coming days.