MICAM Milano, the world’s leading footwear fair promoted by Assocalzaturifici, is one of a kind: a benchmark event for dealers from all over the world.
As the global economy faces slower growth and high inflation, the challenges and uncertainties facing both luxury consumers and key players are escalating. The extraordinary global disruptions over the last few years have led to the rise of a new economic reality that is shaping the consumption of luxury goods and business outcomes today, but is similarly setting the benchmark of what we should expect for the short-term outlook.
As consumers increasingly demand the transition to an inclusive society, a unique window has opened for luxury brands to become better agents of social change by aligning their missions, values, and strategies with social purpose.
From incorporating low-carbon fibres into the manufacturing process, to responsible sourcing, to labelling and marketing claims, and to giving back to production hubs, personal accessories has major challenges ahead as sustainability takes centre stage globally.
The world continues to be a challenging place in 2023. Just as we thought it was safe to re-engage after the pandemic, the global economy started to look fragile again. In this video Fflur Roberts and Marguerite LeRolland, Euromonitor’s respective Heads of Luxury Goods and Fashion, discuss what they think will be the most impactful trends in the year ahead. How is the industry adapting to new retail preferences as our new lifestyles and working habits take form? What value propositions are consumers looking for in an inflationary environment and a cost-of-living crisis where spending is being squeezed. With the growing urgency in sustainability, what new business models are we likely to see filtering through?
In its autumn budget the UK government announced that it would be re-instating VAT reclaim shopping for inbound tourists (AKA duty free), marking a U-turn as this was abolished in 2021 when the market was worth GBP3 billion, annually. Here we discuss the potential for VAT re-claim once re-instated, the wider role of shopping as a driver of tourism to the UK and how other industries may benefit, such as luxury.
Jewellery and Watch Show has successfully showcased the elegance of the jewellery industry, making Abu Dhabi the region's destination for thousands of travelling jewellery and watch designers, suppliers, manufacturers, and wholesalers.
Learn about the newest luxury market trends, presented by the most prestigious speakers of the industry. LuxuryLab Global is the best opportunity to connect with the most relevant and important professionals in the luxury market.
鞋服是受疫情影响最严重的行业之一,但就在该行业以超预期的速度复苏时,却遇上了诸多动荡,包括充满不确定性的乌克兰危机和飞速增长的通胀率。这不仅意味着生产成本的上升,供应链进一步陷入困境,还会面临消费者支出的减少。 在如此挑战的背景下,时尚行业正加速转型,以适应疫情后的新世界,本文将探讨这些变化对该行业长期而言将意味着什么。