Gucci continued to dominate the Q2 of 2021, retaining its position as the hottest brand globally - generating hype with the new Aria collection in partnership with Balenciaga and #GucciBeloved with James Corden and Harry Styles. Via Lyst, 2021

Meet our latest #podcast guest, Clarisse Reille, General Director of DEFI, a platform for funding and developing the fashion industry in France. Listen the full episode: bit.ly/3fBBovh Created with FashionNetwork Worldwide FashionNetwork FR

#ChinaPlug: In 2020, China’s personal luxury market recorded a total sale of €47.9 B with an astonishing 31% YoY rise, accounting for 18.2% of the global luxury market. In next 5 years, the market will maintain growth 15%, to reach €99.5 B in 2025. Via Coresight Research, 2021

Luxury events are back in a big way with Fendi bringing "Neon-Rome" to Chengdu for its FW22 collection. China is also set to drive a new round of growth for the watches and jewelry sector, expecting to grow by 10-14% in the next five years.

In 2020, the luxury personal goods market decreased by 22%, and the experiential luxury market lost half of its value. Data shows that a full recovery is expected in 2022, and that positive trend 2022 onwards. Via Altagamma, 2021 #market #data #growth #covid19 #luxury #travel

Mon #podcast : l'importance du soutien au secteur de la mode. Un secteur puissant à fort potentiel de croissance buff.ly/2WRyoVv Merci à cet échange avec Olivier Guyot de FashionNetwork FR avec le soutien de luxurynsight

Sustainably-minded brands are increasingly looking to leverage tech and data to help their bottom line and decrease the environmental impact of trading online. Leaders are increasingly realising that investment now could mean reduced costs later. HSBC UK voguebusiness.com/sustainability…

Second-hand market is going to lead the next wave of revolution in fashion

Apparel, fashion & luxury industries are on an upwards trend

US economy lost nearly $500 billion in travel spending and $1.1 trillion in economic output due to COVID-19. In New York City alone, which boasted the highest share of foreign visitors pre-pandemic, the lack of tourists wiped out roughly 89,000 jobs and $60 billion in revenue.

Consumers from Chinese lower-tier cities contributed 54.3% of the domestic beauty market revenue in 2020, especially 3rd-tier cities, which made up 24.7% of the total consumption. There is a strong potential that brands need to leverage in these cities. Via Quest Mobile, 2021

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[LP Monaco] 🗝 You are a brand and you want the keys to enter the Chinese market successfully? ✨ Book a time slot with a China Key expert here bit.ly/3m06mzC Review the "Creative keys for a new China" conference on the #MyLuxePack platform bit.ly/3AK5Trl

Fashion resale market expected to rebound in the coming months 💪

Sustainability is an important conversation and the key growth driver in the fashion & luxury industries. Find out how you can monitor the resale market with LY Resale luxurynsight.com/?page=demo

We've always maintained that China is the market to be in. Facing barriers to entry? Our expert team can help you boost your growth in China. Talk to market experts today! luxurynsight.com/?page=demo

Nouvelle étude ⁦NellyRodi⁩ ⁦luxurynsight⁩ : les nouveaux ressorts du marché Chinois de la beauté ! Merci ⁦FashionNetwork FR⁩ fr.fashionnetwork.com/news/premiumCo…

Read more about our latest study with NellyRodi

#ChinaPlug: In the first half of 2021, general consumption in China bounced back rapidly, especially in the jewelry & watch category, with 59.9% YoY rise seen during the period. The apparel market witnessed 33.7% YoY growth, while the beauty & cosmetic consumption showed lowe ...

#ChinaInsights: As the main force of luxury consumption, Chinese Post-90 consumers are paying the most attention in brands’ service & experience, including pop-up store, exhibition and fashion show, etc., with 73% supporting rate.