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Hallyu 2.0 and the Korean Influence on Western European Luxury
Nina Marston
As more European luxury brands tap South Korean celebrities as brand ambassadors, this podcast explores the growing influence of South Korean culture in fashion and beauty. The podcast also seeks to distinguish between what European and South Korean consumers look for in the luxury brands they choose and value.
Shifting Consumer Behaviours Shape Strategies for Leading Personal Accessories Brands
Benjamin Schneider
With the Coronavirus (COVID-19) pandemic accelerating several global consumer trends toward increased digital device use, as well as increased value and values-driven consumption, many leading players across personal accessories - including bags and luggage, jewellery, watches, and writing instruments - are employing a set of similar strategies to build their brands and drive profits and demand.
Sustainability in Luxury Goods: An Interview with Euromonitor International and Valuence Holdings
Fflur Roberts
While the global luxury goods market is expected to recover from the Coronavirus (COVID-19) pandemic, sustainability will remain an increasing focus area for luxury players to engage with consumers; values are changing, and a new normal is taking shape. In this podcast, Euromonitor International’s Industry Manager Fflur Roberts and Consultant Yuri Gorai discuss sustainability trends in the global luxury goods industry as well as in the important Japanese market with Senior Specialist for Investor Relations and ESG at Valuence Holdings, Taro Okamura.
Top Trends Shaping the Apparel Industry in South Africa
Rubab Abdoolla
As South Africa has experienced recessionary economic conditions in the past year due to the Coronavirus (COVID-19) pandemic, value sales of apparel and footwear have declined by 15%. As a result, new trends such as digitalisation, cash-on-delivery and the rise of casual wear have emerged and are gaining traction. Though the pandemic caused massive disruption to supply chains with country-wide lockdowns, port backlogs and shipping delays, many companies have turned to local production, which has the advantage of more agile supply. In a market where agility is needed, it is in retailers' interest to support and invest in the local manufacturing industry.
Corporates Turn Their Focus to Mitigating Longer Term Risks in a Post-Pandemic World
Fflur Roberts
Luxury and fashion players are facing a deeply transformed consumer and retail landscape post-COVID-19. Strong merger and acquisition activity is expected, whilst organic growth strategies are likely to revolve around agile adaptability and a careful review of legacy standard operating procedures. Those best fitted to the new environment are set to survive and thrive.