As the fashion industry continues in its journey towards sustainability, footwear brands are increasingly acknowledging their environment footprint, integrating new circular models into design, material sourcing and production.
When the coronavirus pandemic suddenly and swiftly halted business as usual, it also upended the traditional and venerable fashion calendar — forcing major fashion weeks to go to digital.
Ecommerce is becoming an increasingly significant portion of the luxury fashion business and it is driving much of the category’s growth, as consumers seek out better selection and simplified shopping.
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With almost a third of consumers preferring to see and interact with products in-person rather than shop online, brands have opportunities to reinvent retail experiences.
Emerging luxury markets are propelling the global fashion business as the sector sees shifts in creative strategies and more brands embrace long-term goals for technology and sustainability.
Blockchain is poised to have a strong impact on the retail and fashion industries as more brands continue to adopt the tamperproof technology.
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The global beauty market is growing and is on pace to reach a value of more than $800 billion in the next five years, propelled by consumers’ appetites for innovative skincare and fun, new products.
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