![]() ![]() However, the impact on planet and humanity has been enormous as well, as I spell out in my most recent book, Fashionopolis: The Price of Fast Fashion and the Future of Clothes (Penguin, 2019).Īs David Attenborough has said, you can’t have infinite growth on a finite planet. ![]() It is clear that this transition has reaped enormous financial benefits for those companies. They also shifted from focusing primarily on an elite customer to democratising luxury, meaning bringing it to the middle market consumer and tapping into the burgeoning Chinese market. Can you share a couple of the key insights that you would like to share at the event?Īs I wrote in my New York Times bestseller Deluxe: How Luxury Lost its Lustre (Penguin, 2007), when luxury brands shifted in the 1990s - the age of globalization - from small family-run brands to global publicly-traded conglomerates, their raison d’être, and greatest selling point, shifted from what the item is to what it represents. ![]()
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