Mon 20 Dec 2021
Luxury fashion is undergoing countless changes, from innovation to greater sustainability. Amy Smilovic, Founder & Creative Director of New York-based label Tibi, shares her philosophy and views of the sector’s future and explains how brands and designers can stay authentic.
Mentioned in this episode:
Let’s talk luxury is the Mazars podcast series about how and why luxury brands are undergoing a business model makeover. In each episode, luxury experts discuss what’s happening in the sector, including authenticity, circularity, new customer cohorts and retail experiences worth posting about.
Follow and listen to Let’s talk luxury on Apple Podcasts, Spotify, or wherever you find your podcasts.
The luxury sector is exploring new methods of collaboration to adapt to evolving market expectations. These brand partnerships are influencing and powering how the sector reaches new audiences, guarantees authenticity, and meets the growing demand for more sustainable products. The luxury sector is increasingly judged by new standards as customers expect high quality experiences and […]
Materials and production processes are a centrepiece of luxury brands’ quest for greater sustainability. Kresse Wesling, co-founder of the luxury brand Elvis & Kresse, shares her expertise on transforming reclaimed materials, and how partnerships and technology can propel sustainable practices. Mentioned in this episode: “Conscious, collaborative, connected: making over the luxury business model” a study […]
Luxury brands need to invest in sustainability and implement more circular practices if they want to appeal to the customers driving their growth. Fashion houses that carry on doing what they have always done risk falling behind – according to our recent report on the future of the luxury business model. So, how do luxury […]
The junction of sustainability and digitalisation in China’s dynamic market presents both challenges and opportunities. Julie Laulusa, Member of Mazars’ Group Executive Board and Managing Partner for Mainland China, guides us through the paradoxes that are redefining consumer behaviour, and points towards a future where digital advancement harmonises with sustainable practices. “Brands should adapt to […]
For many food and beverage companies the drive towards improved environmental, social and governance (ESG) performance is a challenge driven by consumer demand. As detailed in our ‘Sustainable, smart and synchronised: using technology to accelerate the ESG transition’ report, there is often a conflict at play in what the conscious consumer wants and needs. On […]
Business models across the consumer sector have shifted, as companies adapt to a new, multi-channel world, rather than simply putting physical products on store shelves. Shoppers’ conflicting demands – as both consumers and citizens – are creating new and sometimes contrary pressures on the sector. As consumers, shoppers expect personalised, algorithm-driven recommendations and one-click purchasing, […]
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This year’s COP28 event – the United Nations’ annual climate change conference – will include the first global stocktake, an analysis that will offer a comprehensive assessment of the progress being made against climate change since the adoption of the Paris Agreement. It will be a pivotal moment, offering the world an initial benchmark of […]
In the coming years, the economy is expected be strongly affected by the resource scarcity and climate change, which will require companies to fundamentally reshape their business model to enable a considered approach to different environmental and societal challenges. In turn, employees, regulators, and financial investors are pushing privately owned businesses in the consumer sector […]
The consumer sector is in the midst of international transformation. Global trends and macroeconomic pressures including inflation, geopolitical conflict, regulatory change and a spike in e-commerce driven by the pandemic have all accelerated the pace of change. To ride out these challenges, many companies have shifted to new business models, sales channels and ways of […]
Consumer companies are currently facing a triple challenge: meeting parallel but contradictory customer demands, prioritising sustainability at the forefront of a commercial business, and staying in the top tier of innovation. Isabelle Massa, Partner & Global Head of Consumer sector, Mazars, guides us through the paradoxes and offers practical solutions for success. For the last […]
While US sustainability reporting regulations are less mature than Europe, there is recognition in the US that sustainability needs to be considered more comprehensively than simply a compliance or quality function. But for many privately owned businesses (POBs) in the food and beverage sector, what sustainability metrics to consider, how to efficiently report to address […]
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Changing customer expectations, new technological capabilities and the quest for sustainability are the main forces shaping the future of the luxury sector, according to recent guests on a new Mazars podcast. ‘Let’s talk luxury’ is a podcast series featuring luxury business founders and sector experts sharing insight on how and why the commercial model is […]
Historically, Environmental, Social and Governance (ESG) factors have taken a back seat to financial performance in the corporate world. And in the interest of performance measurement, companies have often made short-term profit decisions at the expense of negative environmental and social impacts. Against this backdrop, good corporate citizenship does exist and always has. Many companies […]
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