Luxury fashion is a universal language that transcends borders, connecting people with a shared passion for beauty and quality. It also plays an essential role in driving economic growth in countries known for their heritage in luxury production, such as Italy and France. Understanding the latest trends in luxury fashion helps brands stay relevant, enabling them to better connect with their audience and create meaningful experiences.
The latest developments in luxury fashion are driven by a combination of factors. Consumer demand for ethically produced luxury goods has grown, with conscious shoppers looking to brands that align with their values. At the same time, technological advancements have transformed the industry’s landscape, with advances in artificial intelligence and data analytics transforming the fashion design process. In addition, augmented reality and virtual fashion shows are creating immersive shopping experiences.
One trend that is making a mark this year is quiet luxury, which can be defined as “stealth wealth.” This staid style manifests itself in neutral colors, classic fabrics, and structured handbags, with an aversion to prints. This look has been spotted on the runways of Riccardo Tisci at Burberry and Hedi Slimane at Celine, as well as on social media, with Paltrow in her cream-colored cardigans and thick oversized sweaters or Sofia Richie Grainge exchanging vows in a ladylike lace column.
This year also marks the return of Phoebe Philo to her eponymous brand after exiting Celine in 2017. The buzz around her first collection, which launched this month, has been off-the-charts. In a season that’s influenced by big cultural moments, we expect her designs to be in high demand.