Search results for: “chanel”
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Is Telfar dropping a New Circular Clutch Soon? We hope!
Luxury bags – and in general luxury goods – usually make quite the splash when they launch, but only a few become true classics that retain their value years after, turning into alternative assets that trade quickly on the secondary market. Birkins are a good example, and also the Chanel Flap bag. If it eventually…
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Deck Your Christmas Trees with these Unusual Tree Decorations from Luxury Houses
Who says your Christmas tree has to look boring or traditional? Definitely not luxury houses, some of who have come up with really interesting pieces to adorn your installation and bring in the holiday cheer. While it is true that most of us already have our trees up and decorated, it is also true that…
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Three Business Lessons to Consider from Most Valuable Luxury Brands 2021
BrandZ/Kantar recently published a list of the most valuable luxury brands for 2021. As usual, Louis Vuitton tops the list with a valuation of $75.7 billion, followed by three brands valued between $30 and $50 billion: Hermès, Chanel, and Gucci. A third group of brands owning single-digit, billion-dollar valuations follows, consisting of Rolex, Cartier, Dior,…
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Should the CBN’s Negative Report for Luxury Goods Alarm the Industry?
According to major news outlets, Nigerian consumers “are not likely to purchase expensive or luxury items in the next 12 months.” This assertion is based on the Central Bank of Nigeria’s (CBN) Consumer Expectations Survey (CES) report for December 2020 released by the Statistics Department of the apex bank on Tuesday in Abuja. What exactly…
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Is Gucci’s Break From Luxury Tradition the Right Move?
Resale is a taboo in the luxury industry. While brands have mostly remained out of the pre-owned or resale conversation, the general approach to such a prestige and perception driven industry has been to ignore the elephant in the room or to speak up against the spectre of counterfeit goods and products of questionable provenance.…
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Paris Fashion Week Tries an All Digital Alternative
Change, they say, is constant, and as the world of haute couture fashion has quickly come to realize, it can hit you when you least expect and in ways you least imagine. For the first time ever since its launch in 1973, the Paris Fashion Week is going fully digital. Speaking on the event kicking…
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The Fashion Industry’s Diversity, Inclusion and Cultural Sensitivity Dilemma
In light of a tsunami of accusations and the incessant backlash from consumers and society at large, the fashion industry is faced with innumerable problems – freedom of expression in spite of diversity, mental health and cultural sensitivity. As technology progress, so do generations. The Age of Sensitivity, led by a highly educated and tech-savvy…
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The 5 Most Luxurious Jewelers in the World
For more than a millennia gold, precious gems and jewels have been coveted by the wealthy. Partly because of their rarity and uniqueness, after all the entire world’s gold reserves laid out would just cover a football pitch a meter or so high, the glittery stuff has been seen as true sign of wealth and…
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Instagram is Changing the Way Businesses are Being Made
As bricks-and-mortar stores struggle to compete with the rise of ecommerce, many companies are using engaging with interactive concepts in the hope it will lure customers into their establishments through Instagram. The idea plays on the notion that consumers will visit a physical store and capture the experience for social media. While it’s not an entirely new…
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Patience Torlowei Creates Fashion from the Highs and Lows of Modern Africa
The dress’s dazzling bodice has a metallic glint, as if it was spun from strands of 22-karat gold. The skirt is an artist’s canvas – an achingly visceral landscape of red flames, puce-colored water, a hazy sun, gray smoke, rusted pipes and brown torsos etched with muscles. At a glance, the gown is a stunning…