How fashion and luxury firms will ride out a recession - Page 2

Mutterlein · 25-05-2008

Quote:

Originally Posted by softgrey

i think the idea of earlier more aggressive sales is good news for the consumer!...

..

however...the idea of fewer european designers being available (or affordable) is pretty depressing, no?...

It's really good for American designers though.

During WW2 American fashion got a huge spurt because most department stores had to halt buying European collections and rely on domestic talent. Of course it's not so dire now but it could turn out to be an exciting development.

kezme44 · 25-05-2008

Quote:

Originally Posted by Acid

i wonder how the reduction in european imports will affect the european brands themself.
the US is generally a huge market for those labels, particularly the french luxury

american consumerism is nothing compared to the european and if people here start cutting down it will without a doubt greatly affect the european labels. maybe we'll see LV having a sale as well

i personally think that with the dollar situation the prices for luxury goods in europe for americans are out of control. 4 years ago one used to pay half as much as one does now

softgrey · 26-05-2008

i agree with both the above statements...
we could see benefits for american designers here in the US...
and this cannot be good for brands outside the US...

but this is going to be bad for everyone..

...

nqth · 27-05-2008

The luxury bussiness is expanding to China, Indie and other countries. Here in Vietnam you have two LVs, Bally, Ferragamo, Burberry, Escada, Gucci, Sergio Rossi, Longchamps. I have heard that Prada and Hermes are coming (need more sources

Kenzo and Pucci are stocked in multibrand boutiques.

I don't know if they are making profits at the moment. LV might want to be here just for their global presence. It's their strategy to be somewhere first.

melt977 · 29-05-2008

still can't post in paragaphs I'm afraid.... so here is the link to the article: http://women.timesonline.co.uk/tol/l...cle4014680.ece

emailme. · 19-01-2013

Hi guys,

There is a quote I'm looking for that says something like 'Fashion is always wild during dark times/recessions.'

I'm curious to who said it. I read it a few years ago and true enough, neon & prints became a thing.

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26-05-2008	18
softgrey flaunt the imperfection.. Join Date: Jan 2004 Location: downtown... Gender: femme Posts: 50,054	i agree with both the above statements... we could see benefits for american designers here in the US... and this cannot be good for brands outside the US... but this is going to be bad for everyone..... __________________ "It is not money that makes you well dressed: it is understanding." ChristianDior

19-01-2013	21
emailme. V.I.P. Join Date: Jan 2006 Gender: homme Posts: 3,739	Hi guys, There is a quote I'm looking for that says something like 'Fashion is always wild during dark times/recessions.' I'm curious to who said it. I read it a few years ago and true enough, neon & prints became a thing. __________________ *A blog about creative obsessions* JERRLIFE: The Blog/ Follow/ Twitter/ Facebook

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27-05-2008	19
nqth arndom Join Date: Sep 2003 Location: Hanoi, Vietnam Gender: homme Posts: 2,581	The luxury bussiness is expanding to China, Indie and other countries. Here in Vietnam you have two LVs, Bally, Ferragamo, Burberry, Escada, Gucci, Sergio Rossi, Longchamps. I have heard that Prada and Hermes are coming (need more sources Kenzo and Pucci are stocked in multibrand boutiques. I don't know if they are making profits at the moment. LV might want to be here just for their global presence. It's their strategy to be somewhere first. __________________ http://ilovesorbet.blogspot.com/: hanoi street style.

29-05-2008	20
melt977 PopWillEatItself Join Date: Jan 2005 Gender: femme Posts: 1,450	Spend wisely, dress wildly still can't post in paragaphs I'm afraid.... so here is the link to the article: http://women.timesonline.co.uk/tol/l...cle4014680.ece Last edited by melt977; 29-05-2008 at 02:18 AM.