The Fashion Network

IN THE NEWS: Miu Miu Drives Double-digit Revenue Growth at Prada Despite Luxury Sector's Decline Miu Miu had a stellar start to 2024, firmly establishing itself as a leading force in the fashion industry. Recently crowned the world's most popular fashion brand by the Lyst Index, they achieved an impressive 89% increase in retail sales year-over-year, as reported by the Prada Group - which came despite a broader slowdown in luxury spending. While Miu Miu captured the spotlight with its significant sales surge, the flagship Prada brand also saw a 7% increase in sales over the same period. Unlike many other leading luxury companies, which have faced challenges in the Asian market, the Prada Group enjoyed a 16% rise in retail sales within the Asia-Pacific region. The company's success extended to Europe as well, where it maintained strong momentum with an 18% increase in sales year-over-year. "Sharpness of positioning, creativity and communication will be critical this year," Group CEO Andrea Guerra noted. "While the industry is experiencing new dynamics, we retain our ambition to deliver solid, sustainable and above market growth." What do you think are the biggest challenges facing the luxury fashion industry in 2024? What strategies should companies adopt to succeed in the Asian market considering the challenges faced by other brands? 💡 Let us know what you think below! We'd love to get your take... 💬 (Image: Getty Images) #luxuryfashion #news #fashion #retail #industryinsight #business #miumiu #revenue #growth #marketing #sales

TFN INSIGHTS: What Is Lifecycle Marketing and Why Should Fashion Marketers Take Note! Capturing a customer's attention isn't a one-time effort, strong customer relationships require consistent engagement, strategic touchpoints, and trust. We’ve gathered some insight into Lifecycle marketing to give you som tips on how to elevate your brand's success. The Lifecycle Marketing strategy allows you to understand the different stages of the customer journey, leading to stronger connections and increased brand loyalty. Have a read and transform your approach! 👀 ✨ Have you heard of or used lifecycle marketing before? If not how do you currently learn about your customers’ needs and preferences? Let us know in the comments below… 💭 💡HubSpot #fashion #marketing #business #customerjourney #brandloyalty #insights 

IN THE NEWS: Fashion Takes Centre Stage at the Olympics Ceremony The pouring rain didn’t spoil the four-hour opening ceremony of the Olympic Games, which was held on the Seine on 26 July. LVMH — which spent €150 million to seal its premium partnership with the Olympics, according to sources — scored highly at the ceremony. Lady Gaga, Celine Dion, Aya Nakamura and Juliette Armanet performed in Dior; Paris Opera’s Guillaume Diop danced in Louis Vuitton on the Hôtel de Ville rooftop; and a scene featured the making of the medals trunk in the Louis Vuitton ateliers and its journey from the Pont Neuf to the Trocadéro. The show also featured 15 emerging fashion designers, selected by Daphné Bürki, the 2024 Olympics’s stylist and costume director. Some of the designers taking part were Jeanne Friot, Victor Weinsanto, Charles de Vilmorin, Kevin Germanier and Alphonse Maitrepierre. 💡 Read more here: https://lnkd.in/ejt7-bKA #fashion #news #olympics #industrylatest

POLL: Is the Hype Around This Year's Olympics on Par With Previous Years? 🤔 The Olympics are always a big deal, but does this year feel any different to you? Are people just as excited, or has the hype died down a bit? Vote below and share your thoughts in the comments...what do you think is affecting the excitement this year? Tell us what you think! 💡 #insight #debate #news #olympics #discussion

TFN JOBS: This Week's Fashion Jobs Powered by StyleCareers 👩💻 Find our full jobs list and apply here: https://lnkd.in/ekr4fPHQ 👉 Senior Associate, Online Content - Tapestry - London, UK 👉 Sales Associate - York (40 Hours) - Coach - York, UK 👉 Account Executive, Wholesale - Coach - London, UK 👉 Analyst, Wholesale Operations - Kate Spade - London, UK 👉 Account Specialist, UK & Ireland - PVH - White City, UK #fashion #fashionjobs #fashioncareers #jobalert #jobhunt

IN THE NEWS: Daniel Craig for Loewe Men’s FW24 by Jonathan Anderson Dressed in bright quirky pieces with long side swept hair, grandpa knits and 70s style shades, the ex James Bond actor appears a far cry from what we’re used to - not a gadget, gun or supercar in sight 👀 The campaign shot by David Sims has delighted the internet, showcasing a playful and unexpected side of Craig that embraces bold experimentation and reinvention Find the full campaign and collection at www.loewe.com #fashion #fashionnews #style #luxury #celebrity #brand 

TFN SPOTTED: Handcrafted Process of Dragon Fruit Pleating by Ciment Pleating Ciment Pleating demonstrate the intricate process of “dragon fruit” pleating, a hand-crafted method that produces a detailed origami-style pleat. Amazing insight into the skill and craftsmanship of techniques that are used in clothing production! With modern technology making fashion faster, what do you think is the value of preserving intricate hand-crafted methods like this in today’s industry? Are there any other techniques that you think deserve more attention in fashion? Let us know in the comment section👇 💡 Ciment Pleating 🔍 https://lnkd.in/dKFqxwVi #fashion #technique #fabric #production #creativty #craft #innovation 

TFN INSPIRE: "It's no good being too easily swayed by people's opinions. You have to believe in yourself." - Donatella Versace 🤍 #quotes #inspiration #fashion #creativity #motivational

NEW TREND: Retro Revival.. All things Polka Dots, Stripes and Nautical 💋 ⚓ 💌 We’ve spotted a new trend that looks like it has already secured the top spot for womenswear this summer! Initially emerging a few months back with the divisive return of capri pants, retro 50’s inspired fashion is proving to be the new summer trend of 2024 Made up of polka dots, stripes and nods to nautical influence, the style features classic cuts and prints mainly in lightweight fabrics that fit the warmer weather. Consisting of a-line silhouettes, button adornments, short-shorts and boat necks to name a few, the pieces mainly feature a colour palette of red, white, black, navy and yellow and are flooding collections everywhere! We've found 8 brands catering to the fad perfectly: ❤️ Many Many Clothes ❤️ Motel Rocks ❤️ Frankies Bikinis ❤️ Belle the Label - www.bellethelabel.com (Annabelle Shumann) ❤️ CALLE DEL MAR - www.calledelmar.us (Aza Ziegler) ❤️ Izzy Astley - www.izzyastley.com (Isabella Astley) ❤️ Fruity Booty ❤️ Caspar The Label - www.casparthelabel.co.uk How does your brand decide which fashion trends to incorporate each season? Is the 50s trend something you're considering? If not, what other styles or eras are inspiring your summer collections? 👀 Let us know in the comments below 💬 #fashion #style #trends #trending #industryinsights #retail #womenswear #SS2

IN THE NEWS: MIISTA Debut Office Style "Rage Room" in NYC Store Inviting Fans to Come and Smash It Up Spanish fashion label MIISTA just opened their first-ever New York store, and naturally — it opened with a bang. Looking at the somewhat depressing political landscape and current state of the world, Miista took inspiration from the collective anger of its community, wanting to give them a space to vent and let out their rage by building a “depressing office block” in its new store, inviting New York-based fans to come in and smash it all up. Drawing inspiration from the toxicity of the corporate office, one overwhelmingly run by white men who earn far more than their female counterparts, the set-up aimed to provide its community with a cathartic release — one that Miista hopes to continue with its ongoing “Rage Wall.” As the US gears up for November’s momentous election, Miista invites its New York-based community to head down to its new store and express their anger on a Post-It note, adding to a community-filled wall. “Our New York store is our pledge to be a lasting part of this community, and our rage wall, a commitment to keep challenging the status quo,” Miista confirms. 💡 HypeBae 💻 https://lnkd.in/dw7D9AVQ #fashion #retail #marketing #brand #brandexperience