The impact of COVID-19 raised awareness about the environmental consequences that consumption habits have on the planet. Companies that demonstrate purpose-driven solutions and sustainable commitments as part of the core business are increasing to remain relevant. As a result, three trends are currently standing out in Latin America namely, casualisation, sustainability, and digitalisation. Due to the effects of the pandemic, consumers are increasing their interest in brands that offer a combination of technical, stretch, and street attributes for a more relaxed look. Prolonged confinements diminished social occasions and the accelerated adoption of work from home is promoting the transition towards a more 'carefree' appearance of daily life.
Luxury and Fashion
Our global industry experts explore the key trends shaping consumer preferences that drive fashion and luxury, using timely insights to stay one step ahead of the latest innovations and business strategies.
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