-
Announcing... The 2nd Annual theFashionSpot Awards. Vote NOW via the links below:
Designer of the Year
Ready-to-Wear Collection of the Year
Haute Couture Collection of the Year
Model of the Year
Magazine Cover of the Year
Ad Campaign of the Year
Thank you for participating!
VOTING WILL CLOSE 27/12/2024 EOD!
A Materialistic Society?
- Thread starter shoexgal
- Start date
Not fashion specifically, but for the idealist in everyone:
http://www.idealist.org/
Heh, is this off-topic?
http://www.idealist.org/
Heh, is this off-topic?
^^ We have a thread on fair trade fashion here 
: http://www.thefashionspot.com/forums/showthread.php?t=26273
: http://www.thefashionspot.com/forums/showthread.php?t=26273Zazie said:I know Bono is cheesy, but I'd give him credit for that.Are the clothes any good?
They are overpriced, that's for sure. They are in the same league as other contemporary jeans brands, nothing to write home about.
What I've asked before is, how come nobody is questioning these companies using fair trade as a marketing strategy for their own profiteering?
fashionista-ta
Well-Known Member
- Joined
- Jul 14, 2005
- Messages
- 17,330
- Reaction score
- 844
faust said:
I don't see anything wrong with it ... the point of business is to make a profit ... and there's nothing wrong with ethical companies letting us know they're ethical, so we can choose to do business with them.
The only problem would come in if they were only fronting ... if it were all just a scam. There are cynics who believe that no one is honest or wants to do the right thing ... I am not a cynic.
Personally, I try to do business with as many ethical companies as possible. And fashion is one of the more difficult industries to find them in ... so I applaud what Bono's wife (Ali Hewson) is doing. The world needs fair trade.
that's a little over the top. i like the guy, but he's no nelson mandela.fashionista-ta
Well-Known Member
- Joined
- Jul 14, 2005
- Messages
- 17,330
- Reaction score
- 844
OK, I checked it out & apparently the committee agreed with Faust 
Not the Year for Bono
From Keith Porter,
Your Guide to Globalization Issues.
FREE Newsletter. Sign Up Now!
IAEA, ElBaradei Win 2005 Nobel Peace Prize
The Nobel Peace Prize committee could have honored a musician who recorded the album "How to Dismantle an Atomic Bomb." Instead they have decided to honor a group of people who actually dismantle atomic bombs.
http://globalization.about.com/od/bigstories/a/2005peaceprize.htm
Not the Year for Bono
From Keith Porter,Your Guide to Globalization Issues.
FREE Newsletter. Sign Up Now!
IAEA, ElBaradei Win 2005 Nobel Peace Prize
The Nobel Peace Prize committee could have honored a musician who recorded the album "How to Dismantle an Atomic Bomb." Instead they have decided to honor a group of people who actually dismantle atomic bombs.
http://globalization.about.com/od/bigstories/a/2005peaceprize.htm
woodenhouse
Member
- Joined
- Aug 11, 2005
- Messages
- 530
- Reaction score
- 0
Lovely thread <3 It's took me hours, but I've read through every single page, every word. Lena: there hasn't been one thing I've disagreed with you on, and everyone else has posed thought-provoking and insightful connection between fashion, human nature, and the global world/economies. I don't have too much more too add, but I just wanted to post my acknowledgements to everyone for providing this great thread. Coming from a small suburban town in the US, and of being just 16 years of age, it's rare I can get these opinions/discussions going, as everyones preoccupied with their own meandering selfs.
And just to add, because it was brought up that this "rebellion" attitude was more of an in-genuine sort of thing, acquired as a *trend* you could say, please lets not generalize that to ALL "reformers". Yes, there are those out there that see it as the new hype to go organic and buy free trade and protest the war and sit around talking about social and economic policies they really know nothing about, BUT that's being a bit cynical, no? At least the information is out there circulating, whether it's being utilized the way it should or should not. And alot of people do care. Consciousness, I'd like to hope, is growing. There are alot of pure people who want to spark change.
And just to add, because it was brought up that this "rebellion" attitude was more of an in-genuine sort of thing, acquired as a *trend* you could say, please lets not generalize that to ALL "reformers". Yes, there are those out there that see it as the new hype to go organic and buy free trade and protest the war and sit around talking about social and economic policies they really know nothing about, BUT that's being a bit cynical, no? At least the information is out there circulating, whether it's being utilized the way it should or should not. And alot of people do care. Consciousness, I'd like to hope, is growing. There are alot of pure people who want to spark change.
softgrey said:ok....but he WAS nominated...
and that is still a pretty big deal imo...
I'm sorry, but that's really cheesy. I applaud Bono for what he's been doing, but let's face it, he has not brought social/political change the way previous nomenees have (except Arafat, that is). There is a big difference in power between the POP way of raising public awareness (cool, eat organic food, I do too), and actually having the power of DIRECT ACTION, the way the political figures do. Just look at the people who got the prize.
It's strange that even serious (for lack of the better word) agencies are turning onto POP stars to promote their causes. Actually Bono should do some research before promoting books by Jeffrey Sachs, for example
Call me cynical, but I think I am being more realistic.
A very interesting IHT article on luxury goods, from www.iht.com
America's take on "new" luxury
By Katie Weisman International Herald Tribune
MONDAY, DECEMBER 5, 2005
NEW YORK That luxury goods are enjoying a buoyant market is a given. What's harder to define is why consumers at so many different income levels are in hot pursuit of relatively expensive things they don't really need.
The reasons, in fact, are as varied as the kind of luxury goods people are buying, from the ubiquitous $1,000-plus designer handbag to the $6.3 million three-bedroom apartment on The World cruise ship.
"It's about 'luxe in flux'," says Todd Myers, the lead consultant at Faith Popcorn's trend forecasting consultancy BrainReserve in New York which focuses on the American market.
Luxury is being defined in new ways and that definition evolves constantly with ever-shifting demographics, socioeconomics and the geopolitical climate, luxury observers note. Furthermore, the definition of luxury is not only objective, but also subjective depending on the buyers' personal circumstances.
Michael Silverstein, senior vice president and global consumer and retail practice leader at The Boston Consulting Group and co-author of "Trading Up: The New American Luxury," notes the emergence of "new luxury goods," pointing out that a Victoria's Secret bra and panty ensemble, priced at around $80, represents a luxury purchase for a modestly paid office assistant as does a Subzero refrigerator-freezer for a high-income household. These "new" luxury items are in contrast to "old" luxury brands such as Hermès, Cartier or Gucci. Basically, there is more stuff available that could be considered luxurious from the U.S. consumers' point of view. "The market for new luxury has completely broadened and appeared in the most unlikely places," Silverstein says. "Who would have guessed that the world 'needed' a Starbucks coffee provider with $6 billion plus in revenues?"
The cliché used to be that fragrances were the point of entry into a traditional luxury label's domain. Over the past decade or so, designer eyewear has become a luxury category with relatively easy entry prices. More recently, watches, often further up the price scale, have also gained importance as a symbol of luxury, notably in the United States, compared to Europe where watches have been a traditional form of luxury, notes Ravi Dhar, the director of the Center for Consumer Insight at the Yale School of Management.
"You can't drive your Porsche into the boardroom, but you can distinguish yourself with a watch," says Dhar. Here, there is a mix of conspicuous consumption and the feel-good factor of wearing a great watch.
One way the notion of luxury has entered people's vocabulary is via the media. The increased availability of celebrity magazines or celebrity television programming, in addition to coverage in more traditional consumer glossy publications, means that more people know what's available.
"A Prada handbag used to be only seen by a limited audience," observes Myers. "Now, with mass media and celebrity rags, a person in Iowa knows that handbag and who wore it. The democratization of the media has propelled luxury to the masses and consumers have the desire to be part of something more glamorous."
"Eighty percent of Japanese women own or have bought a Vuitton bag," says Pierre Chandon, a professor of marketing at the Insead-Wharton Business School Alliance. "This is not to distinguish themselves from the rest, but to show that they are part of the group."
Of course, to buy either "new" or "old" luxury goods requires disposable income and this has been on the rise: most rapidly in the United States and Asia and more slowly in Europe.
In the United States, luxury observers note, there are four million households that have an income of more than $1 million. It is this population that is driving the ultra-high end of the luxury sector. At the same time, Silverstein estimates that there are 48 million households in the United States earning between $50,000 and $150,000. "That's the driving force behind the democratization of luxury," he says.
In addition, consumers are bombarded with stimuli encouraging them to buy. "The organization of selling is key. Stores are dream palaces; Web sites are windows; advertisements have perfected the vision and language of dreaming; and dreaming is a source of innovation," observes the sociologist Sharon Zukin of the City University of New York and author of "Point of Purchase: How Shopping Changed American Culture."
"Consumers are bombarded with inducements to buy and this constant motor leads to luxury purchases since consumers can visualize themselves as better for having bought a particular good," she said.
The self-improvement factor is supported by Silverstein who credits the "the growth of emotional icons - Oprah Winfrey - and her encouragement to take care of yourself."
"The real paradigm shift occurring in the luxury market that signifies new luxury is the consumer-centric way people are defining luxury as an experience or feeling," writes Pamela Danziger, founder of Unity Marketing, a consultancy specialized in consumer marketing, in her recently published "Let Them Eat Cake: Marketing Luxury to the Masses - as well as the Classes."
"Old luxury is about the thing whereas new luxury is about the consumer's experience," she continues. The brand becomes irrelevant because what matters is what it delivers.
This explains why so many goods for the home and living fall under the luxury heading. And why so many luxury goods are being marketed as necessities, as opposed to coveted dreamy things.
"It's not about conspicuous consumption at all," says Silverstein. "Most of the goods are personally consumed. The new bathroom with the soaking tub, elaborate shower, wall of windows and mirrors is a place of refuge for a working woman who has few moments to really relax."
The only way for luxury brands to survive when the very definition of luxury is constantly shifting is to be consistently innovating, observers note. This is particularly important when courting the super rich. "The super rich have always stood out from everyone else, but the distance has shrunk," notes Myers. "They want to continue to distance themselves."
Observers have a fairly positive outlook for the sector. The Boston Consulting Group estimates that the global market for new luxury goods is $500 million and will reach $1 trillion in 2010.
Yet Myers sees another scenario less lucrative for luxury makers: leasing.
"One big thing we're seeing with luxury is that consumers don't see the need to own anything anymore," he says. The attitude is: "Why do I need to buy a Porsche when I can lease it for $300 a month?"
"The consumers watch what's going on at the Academy Awards with all the borrowed dresses and jewelry. It's not real," Myers continues. "They ask: If the stars can do it at that level, then I can do it at my own level. Why should I make this investment?"
America's take on "new" luxury
By Katie Weisman International Herald Tribune
MONDAY, DECEMBER 5, 2005
NEW YORK That luxury goods are enjoying a buoyant market is a given. What's harder to define is why consumers at so many different income levels are in hot pursuit of relatively expensive things they don't really need.
The reasons, in fact, are as varied as the kind of luxury goods people are buying, from the ubiquitous $1,000-plus designer handbag to the $6.3 million three-bedroom apartment on The World cruise ship.
"It's about 'luxe in flux'," says Todd Myers, the lead consultant at Faith Popcorn's trend forecasting consultancy BrainReserve in New York which focuses on the American market.
Luxury is being defined in new ways and that definition evolves constantly with ever-shifting demographics, socioeconomics and the geopolitical climate, luxury observers note. Furthermore, the definition of luxury is not only objective, but also subjective depending on the buyers' personal circumstances.
Michael Silverstein, senior vice president and global consumer and retail practice leader at The Boston Consulting Group and co-author of "Trading Up: The New American Luxury," notes the emergence of "new luxury goods," pointing out that a Victoria's Secret bra and panty ensemble, priced at around $80, represents a luxury purchase for a modestly paid office assistant as does a Subzero refrigerator-freezer for a high-income household. These "new" luxury items are in contrast to "old" luxury brands such as Hermès, Cartier or Gucci. Basically, there is more stuff available that could be considered luxurious from the U.S. consumers' point of view. "The market for new luxury has completely broadened and appeared in the most unlikely places," Silverstein says. "Who would have guessed that the world 'needed' a Starbucks coffee provider with $6 billion plus in revenues?"
The cliché used to be that fragrances were the point of entry into a traditional luxury label's domain. Over the past decade or so, designer eyewear has become a luxury category with relatively easy entry prices. More recently, watches, often further up the price scale, have also gained importance as a symbol of luxury, notably in the United States, compared to Europe where watches have been a traditional form of luxury, notes Ravi Dhar, the director of the Center for Consumer Insight at the Yale School of Management.
"You can't drive your Porsche into the boardroom, but you can distinguish yourself with a watch," says Dhar. Here, there is a mix of conspicuous consumption and the feel-good factor of wearing a great watch.
One way the notion of luxury has entered people's vocabulary is via the media. The increased availability of celebrity magazines or celebrity television programming, in addition to coverage in more traditional consumer glossy publications, means that more people know what's available.
"A Prada handbag used to be only seen by a limited audience," observes Myers. "Now, with mass media and celebrity rags, a person in Iowa knows that handbag and who wore it. The democratization of the media has propelled luxury to the masses and consumers have the desire to be part of something more glamorous."
"Eighty percent of Japanese women own or have bought a Vuitton bag," says Pierre Chandon, a professor of marketing at the Insead-Wharton Business School Alliance. "This is not to distinguish themselves from the rest, but to show that they are part of the group."
Of course, to buy either "new" or "old" luxury goods requires disposable income and this has been on the rise: most rapidly in the United States and Asia and more slowly in Europe.
In the United States, luxury observers note, there are four million households that have an income of more than $1 million. It is this population that is driving the ultra-high end of the luxury sector. At the same time, Silverstein estimates that there are 48 million households in the United States earning between $50,000 and $150,000. "That's the driving force behind the democratization of luxury," he says.
In addition, consumers are bombarded with stimuli encouraging them to buy. "The organization of selling is key. Stores are dream palaces; Web sites are windows; advertisements have perfected the vision and language of dreaming; and dreaming is a source of innovation," observes the sociologist Sharon Zukin of the City University of New York and author of "Point of Purchase: How Shopping Changed American Culture."
"Consumers are bombarded with inducements to buy and this constant motor leads to luxury purchases since consumers can visualize themselves as better for having bought a particular good," she said.
The self-improvement factor is supported by Silverstein who credits the "the growth of emotional icons - Oprah Winfrey - and her encouragement to take care of yourself."
"The real paradigm shift occurring in the luxury market that signifies new luxury is the consumer-centric way people are defining luxury as an experience or feeling," writes Pamela Danziger, founder of Unity Marketing, a consultancy specialized in consumer marketing, in her recently published "Let Them Eat Cake: Marketing Luxury to the Masses - as well as the Classes."
"Old luxury is about the thing whereas new luxury is about the consumer's experience," she continues. The brand becomes irrelevant because what matters is what it delivers.
This explains why so many goods for the home and living fall under the luxury heading. And why so many luxury goods are being marketed as necessities, as opposed to coveted dreamy things.
"It's not about conspicuous consumption at all," says Silverstein. "Most of the goods are personally consumed. The new bathroom with the soaking tub, elaborate shower, wall of windows and mirrors is a place of refuge for a working woman who has few moments to really relax."
The only way for luxury brands to survive when the very definition of luxury is constantly shifting is to be consistently innovating, observers note. This is particularly important when courting the super rich. "The super rich have always stood out from everyone else, but the distance has shrunk," notes Myers. "They want to continue to distance themselves."
Observers have a fairly positive outlook for the sector. The Boston Consulting Group estimates that the global market for new luxury goods is $500 million and will reach $1 trillion in 2010.
Yet Myers sees another scenario less lucrative for luxury makers: leasing.
"One big thing we're seeing with luxury is that consumers don't see the need to own anything anymore," he says. The attitude is: "Why do I need to buy a Porsche when I can lease it for $300 a month?"
"The consumers watch what's going on at the Academy Awards with all the borrowed dresses and jewelry. It's not real," Myers continues. "They ask: If the stars can do it at that level, then I can do it at my own level. Why should I make this investment?"
fashionista-ta
Well-Known Member
- Joined
- Jul 14, 2005
- Messages
- 17,330
- Reaction score
- 844
^ Very interesting article ... seems completely accurate to me.
An author I think was important in introducing/promoting this concept of personal luxury is Alexandra Stoddard (who btw has been on Oprah). Her concept of luxury is all about personal pleasure. It can be expensive, but really doesn't have to be. I read somewhere someone from her world (interior design) saying that her books presented a new concept of luxury and changed his ideas about it. This concept has also been promoted by Sarah ban Breathnach (who's not only been on Oprah, but was one of the original "experts" who contributed to her magazine when it was launched). Sarah has read Alexandra and refers to her in her own work.
If you pick up Oprah's magazine, you won't have any doubt that she is promoting luxury.
An author I think was important in introducing/promoting this concept of personal luxury is Alexandra Stoddard (who btw has been on Oprah). Her concept of luxury is all about personal pleasure. It can be expensive, but really doesn't have to be. I read somewhere someone from her world (interior design) saying that her books presented a new concept of luxury and changed his ideas about it. This concept has also been promoted by Sarah ban Breathnach (who's not only been on Oprah, but was one of the original "experts" who contributed to her magazine when it was launched). Sarah has read Alexandra and refers to her in her own work.
If you pick up Oprah's magazine, you won't have any doubt that she is promoting luxury.
E
em 692
Guest
i like this idea of "new" luxury...B)
thanks for the article, faust.
thanks for the article, faust.
LoveMyBoots
Active Member
- Joined
- Jun 30, 2005
- Messages
- 3,735
- Reaction score
- 0
Before I was a lot more practicable with my money and had more of it to spend. But nowadays I feel bad when I buy something since I'm always questioning whether I really need it or will really use it. Whenever I spend too much money when I know I could have spent less, I tend to sulk over it for a while. Especially when I get/spend big purchases, my parents always use the arguement that I am never satisfied with anything I buy.
A former teacher of mine said something that reminded me of this thread.
My parents just brought an iMac G5 recently this summer, which is the computer he wanted. And I told him I was frustrated over the fact that Apple just rereleased my computer with new features and most importantly a new processor. Supposely it's said to be 2x faster than my version. He saw it as complaining and to pretty much sum it up, I'm the epitome of teenage materialism. I just wanted the most for my money- the new version is cheaper too.
A former teacher of mine said something that reminded me of this thread.
My parents just brought an iMac G5 recently this summer, which is the computer he wanted. And I told him I was frustrated over the fact that Apple just rereleased my computer with new features and most importantly a new processor. Supposely it's said to be 2x faster than my version. He saw it as complaining and to pretty much sum it up, I'm the epitome of teenage materialism. I just wanted the most for my money- the new version is cheaper too.
milkeyedmender
Member
- Joined
- Jan 12, 2006
- Messages
- 193
- Reaction score
- 0
lovemyboots, i'm in exactly the same position. i want the new imac darnit!
by the way, i'd jsut like to say i hate the way people idolise people like bono and bob geldof for their good deeds, sure they were the faces of big initiatives, but not the brains behind them. they're good people, not great people.
by the way, i'd jsut like to say i hate the way people idolise people like bono and bob geldof for their good deeds, sure they were the faces of big initiatives, but not the brains behind them. they're good people, not great people.
Similar Threads
Users who are viewing this thread
New Posts
-
-
-
-
Vogue Paris February 2010 : Daria Werbowy by Inez van Lamsweerde & Vinoodh Matadin (6 Viewers)- Latest: avonlea002
-