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Coronavirus Pandemic Continues to Challenge the Luxury Goods Industry
Fflur Roberts
Global sales of luxury goods are set to grow by just under 6% in 2022, according to the latest data published by Euromonitor International. The outlook also remains positive, with sales set to exceed the pre-pandemic level by 2023. This article will examine the impact that COVID-19 is having on the industry today, how our behaviour has changed and how we are becoming steadily acclimatised to living with the virus.
Sustainability in Action: Lessons Learnt From the Success of Allbirds and Veja
Sarah Sanders
Purpose at the core of business is important for the footwear and apparel industry, especially considering its history with ESG issues. Veja and Allbirds are purpose-led B Corps that are creating a new blueprint for the sourcing, production and marketing of footwear.
Diversity, Equity and Inclusion High on the Agenda in Luxury and Fashion
Fflur Roberts
The COVID-19 pandemic brought a global reckoning across the luxury and fashion industry, as it highlighted the plight of textile workers around the globe, and the damaging impact of human activity on the planet. In addition, Black Lives Matter also shed light on police brutality and inequalities. Luxury and fashion consumers are becoming increasingly vocal about their political views on social media and fashion and luxury players are fully aware of the need to change to attract and retain talent and meet consumer demand; all the more since they can be called out publicly owing to poor practice. This blog article will address some of the issues here and the challenges facing the luxury and fashion industry.
Diversity, Equity and Inclusion (DEI) in Luxury and Fashion: What’s Here and What’s Next?
Marguerite Le Rolland
Adeife Onwuzulike, Director of Diversity, Equity and Inclusion (DEI) at Euromonitor International, shares her expertise and knowledge in this area with Marguerite LeRolland, Head of Fashion and Fflur Robert, Head of Luxury at Euromonitor International and addresses questions around what’s here now and what’s to come next.
The New Plant-Based Craze in Fashion
Marguerite Le Rolland
Following the pandemic, and the subsequent revision and evolution of many societal values, consumers increasingly expect fashion companies to be purpose-driven, support social initiatives and reduce their environmental footprint, as the climate change emergency makes headlines. Diversity, inclusivity and equality are at the top of the agenda.
The Return of Consumer Activity Drives Growth in Eyewear in 2022
Natasha Cazin
After undergoing a tumultuous period from the impact of COVID-19 in 2020, the global eyewear industry has been clawing its way back to growth, driven by consumers’ return to travel and socialising, and the inescapable momentum of e-commerce.