Stephanie Crespin

Check out our latest benchmark report on the eyewear industry!

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Curious how direct-to-consumer brands are performing against key growth indicators? Check out our latest snapshot on the eyewear sector and and follow Mobis for more upcoming sector insights in consumer sectors.

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🌟👗 Fashion Evolution: Insights from Industry Leaders! 👗🌟 Top executives from Inditex , JULES , and SMCP – Sandro, Maje, Claudie Pierlot, Fursac recently shared their unique perspectives on the evolving #fashion landscape. With a focus on #sustainability, #digital transformation, and changing consumer behaviors, these leaders are paving the way for the #future of fashion. 🛍️✨ Their insights highlight the importance of #innovation and #adaptability in an ever-changing market. 🌍 #FashionIndustry #Innovation #Sustainability #DigitalTransformation #ConsumerTrends 🔎 Discover more about their discussions 👇🏾

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What happens when you repair an item of clothing before reselling it? You can double, triple or even quadruple its value. With the launch of our partnership with Vestiaire Collective this week, SOJO has done a deep dive on what it means to sell a damaged vs non-damaged item and it’s incredible to see the difference. When resale is booming and item condition is one of the key criteria that buyers look at when deciding what to buy - we're excited to launch this service to show that as a seller, booking a quick and easy repair means you can increase the quality of your item and in turn increase your price & buyer satisfaction (and Vestiaire gets to unlock a higher GMV). Repair and Resale coming together is not only good for the planet, but also good for business. Swipe below to take a look at our comparables

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We’re pleased to share news about the next chapter for Elaia portfolio company, Heuritech. Luxurynsight is joining forces with Heuritech to deliver a comprehensive AI-driven solution for the luxury, fashion, and beauty industries. Heuritech leverages AI to help brands forecast trends and demand with accuracy, while Luxurynsight has established itself as a trusted analytics partner for leading names such as LVMH, Kering, and L'Oréal. This collaboration will provide decision-makers with the tools and insights needed for strategic planning and staying ahead in a dynamic market. Please join me in congratulating the Luxurynsight team.

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🌍 THE WORLD CANNOT AFFORD FAST FASHION! Today, we are pleased to announce the publication of Vestiaire Collective‘s 2024 Circularity Report. This year, we wanted to redefine the way we see the true cost of an item. Cheap initial prices, constant promotions, rapidly changing trends… Fast fashion isn't just environmentally harmful, it is a financial trap too! What have we learned? 💥 Across all categories, preloved curated fashion items on Vestiaire Collective are 33% more affordable per wear in the long run. 👗 Pre-loved dresses are worn 8+ times more. Cost-per-wear of $1.56 vs. $5.66 for fast fashion alternatives. 👜 Pre-loved designer bags offer ~72% lower cost-per-wear vs. fast fashion alternatives. 🕰 Our Collective wears their pre-loved pieces almost 2x more than fast fashion owners wear theirs, and keep them for 31% longer. “In today’s climate of inflation, it is obvious: neither people nor the planet can afford fast fashion. This report sounds the alarm on fast fashion’s devastating impact, and should be a wake-up call to all to end overconsumption and overspending.” - Fanny Moizant, President and Co-founder of Vestiaire Collective "Fast fashion is a false economy. Buying cheap fast fashion is deceptive, as in the end you end up replacing items again and again. We champion circularity as it not only benefits consumers’ wallets, but also protects our planet. Pre-loved luxury items are more cost-effective over time with a longer lifespan. Our mantra ‘Think First, Buy Second’ makes more sense than ever." - Dounia Wone, Chief Impact Officer of Vestiaire Collective #VestiaireCollective #ThinkFirstBuySecond #Circularity #CostPerWear

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3️⃣ I joined Vestiaire Collective 3 years ago, and at that time… 🅱️ We were not a Certified B Corp. 📉 We would not precisely measure our environmental impact. 🫤 Our catalog included fast fashion goods. 🟧 But thanks to the amazing energy and commitment of Dounia Wone, her great team and everyone at Vestiaire Collective, all of this has changed… for the better! ♻️ Our 3rd Circularity Report is out ! Here is my take: ✅ Yes, you will find an update on the 3 statistics I love: — 79% of purchases on VC replace a 1st-hand purchase — buying a preloved piece on VC instead of a new one reduces the environmental impact by 90% — our avoided CO2 emissions are 3.3x higher than our actual emissions (improving from 2.8x in 2022 and 2.1x in 2021) ✅ Yes, you will find more data supporting our commitment: — did you know that 60% of fast fashion items end up in landfills within a year of purchase? — introducing the "cost-per-wear" metric, highlighting the superior quality of pieces available on VC (see picture below) — as we grow, we manage to increase our share of local-to-local transactions, and therefore reduce the share of air shipments: from 50% in 2020 to 2023 in 30% ❌ No, it’s not perfect. Our reports always raise very fair debates, questions, challenges… and we love it! It helps us continue improving in our mission to transform the fashion industry for a more sustainable future. 🥇Very well done Dounia Wone Hortense Pruvost Anne Meyrueis Caroline Devaux Gabriel Berthier Pauline GIVELET. We are so proud of these achievements! To learn more: https://lnkd.in/eEmD6K5b

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🎂 I just celebrated my 5th "Annivestiaire" - What a journey it's been! Reflecting on my 5️⃣ years in the leadership of Vestiaire Collective, here are 5️⃣ commandments: 🚀 You will deliver at a (very) fast pace: when volumes increase by 100%+, when you run out of cash, you have no choice but to deliver fast. 🔀 You will be versatile: being an expert on a single topic is not enough. You need to be able to lead teams from various functions - Ops, Commercial, Product, HR & Strategy so far. 🤓 You will be highly adaptable: leading team members with various backgrounds is definitely a challenge after BCG! 🎤 You will become public: need to represent Vestiaire in the public space, whether you like it or not. ♻️ You will be an activist: build your belief and start fighting for the cause, beyond the company. Going secondhand is just mandatory, full stop. Looking forward to the next 5 years! #fashion #luxury #secondhand #careers #leadership #startup

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🎂 We recently marked the 15th anniversary of Vestiaire Collective, and there’s no better time to highlight what sets us apart. 🌟 The most desirable catalogue: With 5 million pieces in our catalogue and over 30,000 new ins every day, we offer an unparalleled selection 🔒 The most trustworthy platform: Our commitment to authenticity is unwavering. We operate 6 authentication hubs (both physical and digital) globally to combat counterfeits 🌍 A unique global community: Vestiaire Collective connects the closets of sellers and buyers across 70 countries, fostering a vibrant community of fashion lovers 🤝 Iconic brand partnerships: We've forged 13 brand partnerships within the fashion ecosystem, including collaborations with iconic brands like Gucci and Burberry ♻ Positive environmental impact: Sustainability is at our core. Impressively, 80% of items purchased on Vestiaire replace a first-hand purchase, reducing environmental costs by a staggering 90%! 💰 Support from leading investors: Our growth is backed by influential investors such as Eurazeo, Kering, Generation Investment Management and even 3,000+ members of our community Happy Birthday, Vestiaire Collective! #Sustainability #Luxury #Fashion

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Today marks the release of our report at World Retail Congress in Paris. Our panel, moderated by co-chair of the report, Judith McKenna, featuring Ulrika Biesèrt from Ingka Group, Jo Whitfield from Matalan and KultraLab's Amy Charlotte King will take to the stage this afternoon to discuss the importance of customer-centric behaviours as the retail landscape evolves to offer more experiential and personalised customer experiences. We'll also be unveiling the 'Magic Six'; the non-negotiable behaviours that high-performing teams consistently get right to create high team engagement, exceptional customer experiences and strong revenue performance. If you’re at WRC, make sure you get yourself along to Track 3 at 2:40pm. I'd like to say a big thank you to all of the amazing partners involved in the study:  Tesco, Levi Strauss & Co., Albertsons Companies, IKEA, Ann Summers, Primark, Boots UK, British Airways, JOE & THE JUICE, Pret A Manger, Majid Al Futtaim, SSP Group plc, AllSaints, END. CLOTHING LIMITED, JD Sports Fashion, inBeta | BCorp, The University of Manchester. To get your copy, click here: https://lnkd.in/eB_RHJ_b #secretdnaofhighperformingteams #managerbehaviours #highperformanceinretail

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Leather is a tough industry - challenging when it comes to reliable traceability. There is no magic solution. But guess what? With the right tech, we’re breaking through the fog. #SustainableLeather #Traceability #TechForGood

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The Business of Fashion x McKinsey & Company - The State of Fashion Report 2025: https://lnkd.in/eX-AJtxH Judged purely by the topline, the fashion industry’s outlook for 2025 appears to be a continuation of the sluggishness seen in 2024: revenue growth is expected to stabilise in the low single digits. 10 fashion industry themes that will set the agenda in 2025: 1. Trade Reconfigured Global trade will accelerate in the fashion industry in 2025 due to rising costs, evolving trade policies and sustainability targets. Fashion brands are likely to double down on diversifying their sourcing footprint in Asia. 2. Asia’s New Growth Engines China’s economic deceleration, changing consumer preferences & the return of international travel are making growth in the country highly challenging, leading international fashion brands to look to other Asian markets (India, Japan) 3. Discovery Reinvented Fashion shoppers are overwhelmed with choice, which negatively impacts their engagement and conversion rates with brands. 4. Silver Spenders Fashion brands have typically focused on youth, but in 2025 they may struggle to grow sales from younger shoppers alone. The “Silver Generation” aged over 50 represents a growing population with a high share of global spend. 5. Value Shift Macroeconomic pressures & rising prices have driven fashion shoppers to adopt cost-conscious behaviours. To capture customers’ share of wallet, brands will need to prove their value. 6. The Human Side of Sales Brands can achieve that by empowering their store associates to reach their full potential, as sales staff have a central & valuable role to play in connecting with customers. 7. Marketplaces Disrupted Share prices of no-luxury marketplaces have dropped as much as 98% since Covid peaks due to existential business model challenges & disruptions. Non-luxury marketplaces globally must carve out a clear role in the fashion ecosystem to survive. 8. Sportswear Showdown Challenger brands are forecast to generate over half of the sportswear segment’s economic profit in 2024, up from 20% in 2020. Brands will need to develop innovative products & use right ambassadors & channels to activate unique brand stories. 9. Inventory Excellence Inventory remains a challenge for the industry with both excess stock and stocks-outs impacting brands. Margin pressures & sustainability regulation will place greater emphasis on end-to-end planning excellence, with brands adopting tech tools & adjusting their operating model to support agile supply chains. 10. The Sustainability Collective Fragmentation & complexity across the fashion value chain, coupled with consumer reluctance to pay for sustainable products, are inherent barriers to reaching sustainability goals.

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Market2024: NO.31 Poll Summary: Fashion's Impact on Eyewear Choice Poll Results: A Great Deal: 18 votes (🌟) Moderately: 11 votes (👍) Slightly: 6 votes (👌) Not at All: 7 votes (🙅‍♂️) Quick Take: Fashion plays a big role for many when picking eyewear, with 29 folks valuing style from a bit to a lot! 👓🎨 Advice: Shoppers: Mix it up! Choose frames that match both your style and comfort. 🎭👓 Retailers: Stock a variety of styles to cater to all fashion tastes. 🏬👀 Let's keep rocking those stylish frames! 🚀👓 #Eyewear #Fashion #StyleChoices #Market2024 #marketresearch

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📈 Will the luxury market rebound in China? This week’s measures from the People's Bank of China, including a ¥1 trillion injection and a reduction in bank reserve ratios, have sent luxury stocks soaring. But is this the start of a sustained recovery? 💡 As I shared with Les Echos, it’s still too early to determine the full impact of the stimulus. While aimed at boosting consumption, we need to see if this increased purchasing power will translate into luxury spending or shift toward more traditional consumer goods. ⏭ The coming months will be critical in understanding the full trajectory of this recovery especially with the approaching  U.S. elections and rising geopolitical tensions between U.S. and China.   Read more in : https://lnkd.in/e5D8HYxN #Luxury #China Kearney Vincent Barbat Brian Ehrig Victor Graf Dijon von Monteton

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🚨 𝐁𝐑𝐄𝐀𝐊𝐈𝐍𝐆: Mytheresa 𝐭𝐨 𝐀𝐜𝐪𝐮𝐢𝐫𝐞 YOOX NET-A-PORTER 𝐟𝐫𝐨𝐦 Richemont🚨 In a game-changing move for luxury eCommerce, Mytheresa has entered a binding agreement to acquire 100% of Yoox Net-a-Porter (YNAP) from Richemont. This acquisition sets the stage for the creation of a 𝐠𝐥𝐨𝐛𝐚𝐥 𝐝𝐢𝐠𝐢𝐭𝐚𝐥 𝐥𝐮𝐱𝐮𝐫𝐲 𝐠𝐢𝐚𝐧𝐭. Highlights of the deal: - 💶 €555M cash position and no financial debt for YNAP - Richemont will own a 33% stake in Mytheresa post-transaction - 📈 Mytheresa's ambition? A €4 billion luxury platform by 2029 with a focus on high profitability    This acquisition comes after Richemont's struggles with YNAP, which has cost the Swiss luxury group billions in losses. As the luxury eCommerce landscape consolidates, Mytheresa aims to leverage the strengths of both brands while separating YNAP's off-price business (Yoox and The Outnet) from its luxury division, which includes Net-a-Porter and Mr Porter. This is a bold step as Mytheresa capitalizes on the implosion of rivals like Farfetch and Matchesfashion to secure its place as a leader in luxury eCommerce. The luxury digital landscape just got a whole lot more exciting! 🚀 #LuxuryEcommerce #DigitalTransformation #Mytheresa #YooxNetAPorter #Richemont #ECommerce #EmerceConsulting

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💥 Just dropped: The European Fashion Alliance's 2024 report is a game-changer! 📊 66% of consumers think fashion's image is negative due to waste and sustainability issues. But here's the twist, 88% of brands are investing in sustainability. This sector isn't just about trends, it's about preserving cultural heritage, fostering diversity, and driving entrepreneurial creativity. Imagine fashion weeks that aren't just about showcasing the latest styles, but also about promoting sustainability and innovation on a global scale. The future is in durable, high-quality products and innovative consumption models like rental and resale. Let's redefine luxury with sustainability and cultural richness at its core. Who's ready to make a real impact? 🌟 #LuxuryRevolution #SustainableFashion #CulturalHeritage

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FASHION RETAIL : What is the difference between trend forecasting and the development of a product strategy? A product strategy defines the high-level plan for developing and driving profitable growth for a business. This should not be confused with trend forecasting. It is critical to understand how the product strategy supports the business strategy. It is brought to life through a rigorous examination of sales data, understanding your customer, and macroeconomics A product strategy sets the direction for new product development and nurtures opportunities in evolving your brand’s best sellers. It is composed of a variety of sequential processes in order for the vision to be effectively achieved. The product strategy must be clear in terms of the target customer, price pointing, volumes, how it controls markdown, protects margin and where and when it will be delivered. And it needs the support of real bespoke trend forecasting.. not ‘curated’ trend forecasting but trend forecasting that is responding to a product strategy This is very different from off the shelf trend forecasting #bdalondon #trendhub #sustainable #innovation #productstrategy #esg

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Banana Republic Has anyone wondered why one of the most sophisticated mainline fashion retailers is called Banana Republic ? The name seems rather random and doesn’t bear much resemblance to its carefully curated, high-quality, grownup product offering. However, one of my early visits to New York gave me my first insight into the ‘experiential retail’ that was Banana Republic. The store interiors were incredible…filled with jeeps, oil drums, elephant tusks ( ?! ) and everything you might encounter on a wild safari adventure. Think Indiana Jones goes to Botswana, circa 1930s. Seasonal catalogues supported this positioning, typographically and old school illustrations. Banana Republic : Travel and Safari Clothing Company. The product offering and visual merchandising (VM) reflected this identity—army and navy-inspired pieces, chaotic layouts, and high-density, surplus aesthetics. This VM style was later imitated by brands like Abercrombie & Fitch and Superdry. Then, in 1983, Gap Inc. acquired Banana Republic and decided to reposition the brand into what we know today. Stores became sophisticated, polished, and low density, offering high end apparel. By the 2000s, Banana Republic had over 600 stores and was a global retailer. The rebrand from what it was, to what it became, was a success story. But gradually, every visit to Banana Republic started to feel the same as the last. Visits became less frequent, and then a noticeable reduction in price and quality. By 2020, the brand had closed half of its stores. Banana Republic seemed destined to become another fashion failure consigned to history. But Gap Inc. doesn’t give up easily. With management changes, a renewed vision, and fresh investment. The second coming came Banana Republic returned to offering truly luxurious products with higher price points and beautiful fabrications and a store to match. And although still no return to active adventure safari, you could find something for a 5 star vacation ! The focus shifted away from commodities to color stories and specific end-use. What a journey, from Safari to Manhattan (and twice around the block) ! Neil Saunders please be patient Viva Banana Republic ! #bananarepublic #neilsaunders #globaldata #gap #oldnavy #retailtrend #rebranding #bdalondon #trendhub

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