Luxury market faces significant challenges in 2024, HSBC report reveals
Key Insights:
2024 Growth Cut: HSBC lowered luxury sector growth forecast to 2.8% from 5.5%, marking it the 6th-worst year in 20 years.
Divergent Results: Prada is expected to grow 21% in Q3 2024, while Gucci and Burberry face...
Transparency in fashion industry
Rafiad Ruhi
In recent years, the fashion industry, which is one of the most dynamic and expansive sectors in the world, has been subjected to...
Developing a luxury apparel brand: Key strategies, case study, & market analysis
Introduction
The luxury apparel industry has always been a symbol of exclusivity, craftsmanship, and status. As global consumer preferences shift toward sustainability and individuality, the...
Brewed Protein™: Future of animal-free, eco-friendly fashion
The current textile world is loaded with synthetic materials produced through the union of petroleum and chemistry. These aseptic materials have already caused significant...
Woolmark unveils campaign named ‘Wear Wool, Not Waste’
“Wear Wool, Not Waste” campaign aligns with Woolmark’s broader mission to position wool as a key solution to the fashion industry’s sustainability challenges
Woolmark is...
Woolmark unveils campaign named ‘Wear Wool, Not Waste’
“Wear Wool, Not Waste” campaign aligns with Woolmark’s broader mission to position wool as a key solution to the fashion industry’s sustainability challenges
Woolmark is...
