Consumer Behavior: Page 4
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Aspirational luxury customers spend $274B a year on fashion: report
Consumers who spend a moderate amount generate half of total luxury brand revenue across seven countries, according to a McKinsey report.
By Lara Ewen • April 15, 2024 -
Deep Dive
Golf fashion moves into the mainstream
A new line from Tiger Woods, LVMH's latest collaboration with Tyler, the Creator and indie brands are helping to bring the sport from performancewear to streetwear.
By Howard Ruben • April 12, 2024 -
Vestiaire Collective relaunches vintage category
The resale platform’s Archive Room includes more than 250,000 items, and the company plans to roll out monthly themed curation events.
By Lara Ewen • April 1, 2024 -
US secondhand market projected to reach $73B by 2028: report
A new study from resale platform ThredUp said U.S. consumers spent, on average, nearly half of their 2023 clothing budget on pre-worn items.
By Lauren Schenkman • March 27, 2024 -
5 fashion industry trends from the 2024 Academy Awards
Hollywood stars showed up in bold colors, classic tailoring and plenty of glitter for the year's most-anticipated awards show.
By Lara Ewen • March 11, 2024 -
Luxury consumers optimistic about economy, but that won’t translate to spending in the near term: report
Saks’ quarterly survey found that consumer spending in the luxury category may increase in the second half of the year.
By Laurel Deppen • March 4, 2024 -
‘Treat yourself’ culture: Here’s what the numbers say
Holiday spending habits at the end of last year bring into focus the need for messaging around “the importance of you,” per the Why Group.
By Sara Karlovitch • Feb. 26, 2024 -
5 fashion industry trends from the 2024 Grammy Awards
Music’s biggest night was also one of fashion’s wildest events, as celebrities proved that over-the-top looks are de rigueur to achieve that rock-star style.
By Lara Ewen • Feb. 5, 2024 -
The new rules shaping luxury fashion marketing: report
Luxury brands are bucking traditional fashion schedules, embracing collaborations and becoming more inclusive, according to Highsnobiety.
By Laurel Deppen • Jan. 23, 2024 -
Nike was the top-traded sneaker brand of 2023: report
The annual StockX culture index also named running shoe brands Asics and New Balance and gave a nod to viral footwear company MSCHF.
By Lara Ewen • Jan. 19, 2024 -
5 fashion industry trends from the 75th annual Emmy Awards
Television’s biggest names wore black, white and red all over the silver carpet at this year’s Emmys, with tuxedo looks and balletcore taking center stage.
By Lara Ewen • Jan. 16, 2024 -
Luxury sees 10% spending slump during the holidays: report
Information from Earnest Analytics shows that consumers were more focused on “attainable value,” with fast fashion and off-price stores seeing increased spending.
By Laurel Deppen • Jan. 12, 2024 -
Deep Dive
7 fashion industry trends to watch in 2024
The coming year will bring fast fashion battles, more mergers and acquisitions, an evolution of luxury and a presidential election, and that’s just for starters.
By Laurel Deppen and Lara Ewen • Jan. 12, 2024 -
5 fashion industry trends from the 2024 Golden Globes
Celebrities turned out in style for the first major red carpet of the year as bejeweled looks, lush fabrics and loads of color took center stage.
By Lara Ewen • Jan. 8, 2024 -
Retail trends that shaped the holidays in 2023
From new marketing techniques to consumers spending despite inflation, here are the big takeaways from the latest holiday season.
By Retail Dive Staff • Jan. 5, 2024 -
The Fashion Dive holiday wish list
Our team picked a few favorite pieces from the year’s most talked-about brands, designers and trends.
By Fashion Dive editors • Dec. 22, 2023 -
Retrieved from Wales Bonner on December 14, 2023
Cold weather footwear, Sambas and Uggs top the most-wanted list: report
Sneaker reseller StockX also said skate shoes, Timberlands and shoes with loud patterns were sought-after during the winter.
By Lara Ewen • Dec. 14, 2023 -
US luxury sales slump continued through November: report
Fast fashion spending outpaced high-end purchases in early holiday apparel sales, with Shein up 25% for the period.
By Howard Ruben • Dec. 8, 2023 -
Stitch Fix sales and customer count decline further, but loss narrows
The apparel box e-retailer kept a grip on expenses and is making major operational changes to boost sales and profits, executives said Tuesday.
By Daphne Howland • Dec. 7, 2023 -
Retrieved from Telfar on December 06, 2023
Telfar’s new denim shoppers sell out in less than 24 hours
The accessories collection launched through the brand’s e-commerce site on Tuesday afternoon, and by early Wednesday, only belts and hats remained available.
By Lara Ewen • Dec. 6, 2023 -
Miu Miu is the year’s buzziest brand: report
Lyst’s 2023 Year in Fashion also name-checked Loewe, the Adidas Samba, Uniqlo’s shoulder bag, Kylie Jenner and quiet luxury in its top trend roundup.
By Lara Ewen • Dec. 4, 2023 -
Early holiday luxury apparel sales stagnate: report
While Black Friday online apparel shopping surged, aspirational shoppers have pared back spending on high-end goods on the heels of economic headwinds.
By Howard Ruben • Nov. 27, 2023 -
Personal luxury goods market projected to grow 4% by the end of 2023: report
The market is expected to soften through Q4 and into 2024, said Bain and Company, hampered by slow recovery in the U.S. and macroeconomic tensions in China.
By Lara Ewen • Nov. 15, 2023 -
Retrieved from Sperry on November 09, 2023Deep Dive
Rocking the boat shoe: Sperry’s search for a lifeline
Wolverine is looking to unload its 88-year-old lifestyle footwear brand, but finding the right buyer is a hard sell.
By Lara Ewen • Updated Nov. 20, 2023 -
Deep Dive
5 lessons brands can pull from Barbie’s marketing master class
Now that Greta Gerwig’s movie has left theaters, here’s what the fashion industry needs to know about the next trend.
By Laurel Deppen • Oct. 17, 2023