Are Luxury Megabrands Broken? Luxury megabrands like LVMH, Kering, and Chanel have long been the epitome of sophistication, exclusivity, and success in the fashion world. However, recent simultaneous crises within these giants have raised concerns about the sustainability of the luxury megabrand model. From shifting consumer preferences to global economic challenges, these industry leaders are […]
Sustainability Takes a Back Seat, Even at Sustainable Fashion Brands
Sustainability Takes a Back Seat, Even at Sustainable Fashion Brands In the ever-evolving landscape of fashion, sustainability has become a buzzword synonymous with ethical practices and environmental consciousness. For years, consumers have been drawn to brands that tout their commitment to sustainable fashion, believing that they are making a positive impact with their purchasing choices. […]