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We are happy to share with you the English edition of our latest book: The COVID-19 crisis has dramatically advanced the changes that started before the pandemic in the luxury sector. For instance, how is the luxury empire responding to its many challenges, such as the new ways of consumption and distribution, the widespread digitalization, the growing importance of sustainable development and the circular economy, the explosive entry of gaming, the irruption of the metaverse and NFTs, among many others? How has this sector been able to bounce back? Has the global supremacy of leading luxury companies been confirmed, or are new players emerging and creating fresh competition? Thank you again for the many testimonials from key players in the industry, this book is an immersion in the fascinating world of luxury. Essential for understanding what is at stake in this key sector of the world’s economy, it gives an account of the emergence of a “new normal” generating new demands, rules and standards. #luxury #circulareconomy #gaming #economy #luxurymarketing #theluxuryempire

🇮🇹 The Future of "Made in Italy": A Turning Point for Luxury Manufacturing Italy's luxury manufacturing sector, a cornerstone of global fashion, is facing a critical moment. Over 2,000 factories producing textiles, leather goods, and apparel closed in the first three quarters of 2024 due to rising costs, declining orders, and regulatory challenges. This crisis threatens the "Made in Italy" label that embodies craftsmanship and cultural heritage. While luxury brands continue raising prices, small ateliers struggle with thinning margins, shrinking talent pools, and increasingly transactional contracts. However, innovative models like Gruppo Florence are emerging as a solution. This private-equity-backed manufacturer consolidates Italian suppliers under a cooperative framework, offering stability, shared resources, and digital innovation while preserving traditional know-how. In 2023, Gruppo Florence’s 40+ suppliers generated over €800 million in turnover, proving that modernisation and heritage can coexist. Can Italy’s artisans navigate these challenges to sustain their legacy in a changing market? Read more on BoF: https://lnkd.in/eSHKYDt9 #MadeInItaly #LuxuryManufacturing #Sustainability #Craftsmanship #Innovation #Luxury #KnowHow #SavoirFaire #Legacy

Happy Holiday Season and Best Wishes for an Exciting 2025! 🎉🎄 As we celebrate the season, we want to extend a heartfelt thank you to our followers, clients, and partners for your trust, engagement, and support throughout 2024. It has been a year of transformation in the luxury and fashion industry, filled with challenges that pushed boundaries and opportunities that sparked innovation. As we look to 2025, we know it will bring new complexities — but also exciting potential. At Lighthouse, we are ready to help our clients: • Drive sustainable growth • Adapt to evolving market dynamics • Position for long-term success With our strategic marketing expertise, we remain committed to guiding brands in navigating this ever-changing landscape and turning challenges into opportunities. Let’s make 2025 a year of resilience, creativity, and meaningful progress. 🌟 Thank you for being part of our journey — see you in 2025! #HappyHolidays #Luxury #Fashion #Marketing #Consulting #2025 #Growth

🚀Une Opportunité Enthousiasmante: Rejoignez Notre Équipe! Lighthouse recherche des individus passionnés et motivés pour nous rejoindre en tant que Junior Strategy Consultantsdès janvier 2025 ! Une occasion unique de collaborer avec des marques mondiales prestigieuses dans les secteurs de la mode, du luxe et de la beauté, et de contribuer à des projets stratégiques majeurs. 🌟 Si vous êtes passionné(e) par le conseil, la stratégie et le branding, et que vous souhaitez avoir un impact dans un environnement dynamique, nous serions ravis de vous rencontrer! • Lieu : Neuilly-sur-Seine, Paris • Durée : Stage de 6 mois ou plus • Postulez dès maintenant: Envoyez votre CV et lettre de motivation à recruiting@lighthouse.fr Plus de détails dans l’annonce ci-jointe. #recrutement #stage #mode #luxe #conseil #carrières

🌟 Thank you to Fashion Network for this interview with our Founder and CEO, Yves Hanania. In a world where the "new normal" in China is redefining the landscape, luxury brands face both challenges and unique opportunities. Maintaining demand while meeting criteria of accessibility and perceived value will be key priorities for 2025. Read Yves's full insights on the evolving paradigms and key challenges shaping the future of the market on Fashion Network: https://lnkd.in/eTeRvZss #lighthouse #fashion #marketing #luxury #business #strategy

Xiaohongshu Makes E-Commerce Breakthrough 📈 "China’s Instagram”, known officially as Xiaohongshu, is transforming from a lifestyle inspiration platform into a significant e-commerce player. With over 300 million users and a reported valuation of $17 billion after its latest funding round in July, the platform is attracting brands aiming to tap into its unique audience of financially empowered, lifestyle-driven consumers. Influencers like Tera Feng, who has amassed over 500,000 followers, are leading the charge. In just three months of livestream selling, she has sold everything from a 15,000 yuan ($2,060) Carven suit to her favorite 60 yuan per kilogram rice. Unlike other platforms where heavy discounting prevails due to penny-pinching consumers, Xiaohongshu’s users are less price-sensitive, valuing quality and aspirational lifestyles. Consultants predict triple-digit gains in Xiaohongshu's Gross Merchandise Volume (GMV) next year, with estimates that the platform will top $100 billion in sales revenue in 2025. Luxury brands like Max Mara and companies under LVMHare taking notice, exploring opportunities to leverage Xiaohongshu's e-commerce potential by opening stores and engaging in more livestreams. What sets Xiaohongshu apart is its quieter, conversational livestreaming style, contrasting with the aggressive sales tactics on other platforms. This approach resonates with users seeking genuine connections, leading to unexpected sales successes for brands like Ms Min, which sold hundreds of units following a single livestream by actress Dong Jie. While giants like Tmall, JD and Pinduoduo account for over 90% of China's $2.78 trillion GMV, Xiaohongshu is carving out a valuable niche. Its focus on aspirational content and quality over price positions it uniquely in China's vast e-commerce landscape. Read more on BoF: https://lnkd.in/e35mtWxd Is Xiaohongshu reshaping the e-commerce strategies for luxury and niche brands in China? Let's delve into this evolving trend! #Xiaohongshu #Ecommerce #LuxuryBrands #DigitalMarketing #ChinaRetail #SocialCommerce

👗 Matthieu Blazy: Ushering in a New Era at Chanel Chanel has named Matthieu Blazy as its new Artistic Director, marking a pivotal moment for the French couture and beauty powerhouse. With a legacy of excellence at Bottega Veneta, where he fused Italian craftsmanship with cutting-edge innovation, Blazy is set to redefine Chanel’s creative vision while honouring its storied heritage. Blazy’s deep design philosophy and ability to create timeless, meaningful products earned him this coveted position. Known for his modern craftsmanship, from trompe-l'œil leather to culturally resonant designs, he brings a unique lens to Chanel’s global stage. “We chose him to push the boundaries of what Chanel is,” says Bruno Pavlovsky, Chanel’s Fashion President. With Chanel reporting $19.7 billion in revenue in 2023, Blazy steps in at a time of both booming success and growing challenges, as the luxury sector navigates shifting market dynamics. His grounded, collective approach, combined with his exceptional creative talents, promises to invigorate the brand’s timeless allure while connecting deeply with Chanel’s global clientele. This moment signals Chanel’s commitment to evolution and excellence, and we can't wait to see how Blazy shapes the future of this iconic house. ✨ Read more on BoF: https://lnkd.in/e7AzY7kK What are your thoughts on this exciting new chapter for Chanel? #MatthieuBlazy #Chanel #LuxuryFashion #ArtisticDirection #Craftsmanship #FashionInnovation

👜 Polène: The Quiet Revolution of French Luxury Leather Goods Polène is rewriting the rules of luxury with its nature-inspired designs, vertical integration, and a direct-to-consumer model that has catapulted the Parisian handbag brand to over $150 million in annual sales. This year, the brand celebrates the opening of flagship stores in London and Paris, with new locations planned for Munich, Dubai, and Miami. The secret to Polène's success lies in its commitment to craftsmanship and thoughtful growth. All their bags are produced in Ubrique, Spain, where 13.7% of the town’s population works directly or indirectly for the brand. Their nature-rooted aesthetic, combining simplicity and originality, resonates with customers, driving 35% of new sales via word-of-mouth. Polène’s focus on quality over speed, avoiding wholesale and discounts, has solidified its position in the "accessible luxury" market. While many brands struggle to keep up with demand, Polène has mastered the art of sustainable growth, proving that excellence and patience go hand in hand. As they gear up for global expansion, we’re excited to see where this inspiring journey leads. Read more on BoF: https://lnkd.in/eTwPGpGZ What lessons can we learn from Polène’s innovative approach to modern luxury? #Polène #LuxuryGoods #DirectToConsumer #Sustainability #Craftsmanship #RetailInnovation

🛍️ Black Friday 2024: Strong Start to the Holidays, But Challenges Ahead for Retailers This year’s Black Friday showed healthy sales growth, with total spending rising 3% year-over-year for both in-store and online shopping on the day, according to Mastercard. Over the weekend, online sales alone surged by 8%, highlighting the continuing shift in shopping preferences towards e-commerce. E-commerce boomed, with online sales projected to hit $22 billion over the weekend, while in-store sales growth remained flat, increasing less than 1%. Interestingly, younger shoppers like Gen Z are embracing both online deal comparisons and the occasional return to physical stores for unique experiences. However, brands grappled with consumer expectations for discounts. Struggling companies offered aggressive markdowns to boost sales, while others balanced protecting margins against early and steep promotions. This season offers a glimpse into the future of retail: navigating price sensitivity, adapting to hybrid shopping habits, and sustaining growth in a competitive market. Read more on BoF: https://lnkd.in/ecNAfte3 How will these trends evolve in 2025? Let’s dive into the discussion! #BlackFriday #HolidaySales #RetailTrends #Ecommerce #ConsumerBehavior #RetailInnovation

🌱 London Fashion Week takes a bold step towards sustainability: exotic skins banned from the runway The British Fashion Council has announced a groundbreaking decision: starting next season, exotic skins such as crocodile, snake, and other wild animal leathers will be banned from London Fashion Week’s runway collections. This extends the fur ban introduced last year, solidifying the event's stance on ethical fashion and animal welfare. While exotic leathers have long been staples in luxury goods for their high profit margins and exclusivity, the tide is shifting. With increasing pressure from animal rights advocates and the global fashion industry’s growing focus on sustainable practices, London is setting a precedent. Notably, Burberry, the flagship brand of London Fashion Week, stopped using exotic skins in 2022, leading the charge among luxury players. The move aligns with broader industry trends as more young and emerging designers, who dominate London’s schedule, embrace a future of ethical consumption. As debates continue about wildlife-free policies, the Institute of Positive Fashion is already looking into similar restrictions for feathers. This change isn’t just about the runway; it’s about reshaping the values of the fashion industry for a more sustainable and compassionate future. Could this inspire other fashion capitals to follow suit? Read more on BoF: https://lnkd.in/eXfxxXjg What are your thoughts on this landmark decision? Let’s discuss! #Sustainability #EthicalFashion #AnimalWelfare #LondonFashionWeek #FutureOfFashion