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Tom Ford, a luxury brand recently acquired by Estée Lauder Companies, an American high-end beauty giant, announced the departure of Chief Marketing Officer Charlotte Blechman, effective May 31. Charlotte Blechman is designer Tom Ford's long-term partner, and the two sides have worked closely since 1995, when Tom Ford was still working at luxury brand Gucci. In 2017, Charlotte Blechman officially joined Tom Ford International, where she is responsible for supervising multiple departments, including marketing, brand image, digital, etc., and for the global promotion and visual display of the brand, including beauty, glasses, watches, and other authorized businesses, CRM, events, marketing, communications, and events. She also oversees all of the brand's philanthropic efforts, including the creation of the Tom Ford Plastic Innovation Prize, brand partnerships, and helping with Tom Ford's presidency of the Council of Fashion Designers of America (CFDA). Charlotte Blechman first joined Gucci in 1995 and was promoted to Director of Global Celebrity Relations in 1998. She joined Yves Saint Laurent in 2001 as Vice President of Public Relations under Tom Ford. From 2004 to 2010, she joined Gucci again. From 2011 to 2017, she also worked at the luxury department store Barney's New York. The Tom Ford brand will announce Charlotte Blechman's successor at a later date. Charlotte Blechman said that she will spend the summer with her family first and is open to the longer-term future.

On May 25th, the French luxury goods giant Kering held the inauguration ceremony of its new headquarters in Milan, Italy. François-Henri Pinault, chairman and CEO of Kering Group, said at the opening ceremony: "Kering Group entered the Italian market 20 years ago, and its Pomellato, Gucci, etc. represent the highest level of Italian handmade products. At the same time, we have also opened industrial centers for non-Italian brands such as Saint Laurent and Balenciaga, because Italy is the only country that provides us with professional knowledge and technology, so we will continue to invest here." François-Henri Pinault also mentioned that the leaders of the major brands under the Kering Group are all from Italy, such as Marco Bizzarri, chairman and CEO of Gucci, Sabina Belli, CEO of Pomellato, Francesca Bellettini, CEO of Saint Laurent, etc. Carlo Capasa, President of the Camera Nazionale della Moda Italiana (CNMI), Matteo Lunelli, President of Altagamma, and Beppe Sala, Mayor of Milan, all attended the opening ceremony. The new Italian headquarters of the Kering Group are located in Milan, in the more than 300-year-old Pertusati Gropallo building in the Quadrilatero della moda, a district of the most important fashion brands. The building was designed by the 18th-century architect Simone Cantoni and is considered a fine example of the neoclassical style. Jean-François Palus, Managing Director of the Kering Group, commented: "We are very pleased to be able to relocate our Italian headquarters to this magnificent location in the heart of Milan's luxury and business district." The interior space of the Pertusati Gropallo building was completely renovated in the style of Italian design, using soft colors, natural light, and environmentally friendly building materials to create a green and comfortable office environment. At the same time, the new headquarters has been designed for maximum mobility and versatility: the building has six floors; the first five floors are used as office areas, equipped with canteens and cafes; and the top floor houses a panoramic meeting room and a panoramic terrace of over 1,500 square meters overlooking Milan Cathedral. The building includes more than 300 workstations, as well as telephone booths, meeting rooms, and interactive spaces for personal use. According to Kering's official website, the interior design will soon receive LEED Platinum certification and Well Gold certification. LEED Platinum (Leadership in Energy and Environmental Design) certification is issued by the US Green Building Council, marking that the building has reached the highest standards in terms of energy conservation, environmental protection, and sustainability. WELL Gold certification is issued by the International WELL Building Institute, focusing on the impact of buildings on people's health and well-being. The gold level indicates that the building has reached a high standard in this regard. During the past 20 years, Kering Group has made many investments in Italy, such as: In 2016, the Gucci Hub, with an area of 35,000 square meters, was opened in the Mecenate district of Milan as the headquarters of the group and a venue for fashion shows. In 2021, a logistics center with a central area of more than 162,000 square meters was built in Trecate, Novara, Italy. The new headquarters completed in Milan this time is the latest investment project implemented by the group. Jean-François Palus commented: "This new headquarters represents an important milestone for Kering in Italy, and I believe it will further strengthen the sense of belonging of the group's more than 13,000 Italian employees." The mayor of Milan, Beppe Sala, gave Kering a warm welcome at the opening ceremony: "I am delighted that these people who have faith in our city are here. It is also a university city, and its international characteristics connect these fields together. If we can continue to carry forward the historical tradition of Milan, we will create a unique and diverse city."

On May 22, the British luxury fashion brand LK Bennett announced its 2022 annual results as of January this year: net sales increased by 30% to £49 million, and gross profit increased by 40% to £30 million, both great progress. At the same time, profitability also improved significantly: margins increased by 420 basis points to 61.9%, and EBITDA tripled to £4 million. The LK Bennett brand pointed out that the gratifying performance growth has benefited to a certain extent from the relaxation of the epidemic, and the return of various activities, including weddings, has promoted the growth in demand for brand dresses. According to data, the brand's profit from the activewear category alone has reached £1 million. It is worth mentioning that after a period of friendly cooperation with Royal Ascot, the LK Bennett brand has deepened its cooperative relationship and has now become its official sponsor. LK Bennett currently has more than 100 outlets around the world, including online and offline flagship stores, department store counters, etc. The most recent store opened last week in Cheltenham, a city in southwestern England. LK Bennett is committed to strengthening its brand's basic business capabilities by continuously upgrading existing stores, continuing to expand global stores, and planning to return to the US market in a wholesale business model this fall. Darren Topp, CEO of LK Bennett, expressed his delight at the brand's strong performance in a statement: "This has been our most successful year in over a decade, and we would like to thank our hardworking colleagues, customers, and suppliers for their continued support." About LK Bennett LK Bennett was founded by Linda K. Bennett in London in 1990. Since then, it has developed into a famous fashion brand in the UK, focusing on high-end women's shoes, bags, clothing, and accessories. LK Bennett was famous for its women's shoes, favored by the royal family and fashionable women at the beginning of its establishment, and it quickly became the ideal paradise for finding graceful and beautiful shoes. The company also released a womenswear line in 1998. Ten years later, Robert Bensoussan, one of the founders of Sirius Equity, and Phoenix Equity Partners jointly invested in the brand and became the controlling shareholders to support the company's continued development. LK Bennett thus took the first step in its expansion strategy. This move has promoted the company's business expansion on a global scale, and LK Bennett's beautiful fashion can now be bought in major shopping malls in more than 150 places in the UK, the United States, Europe, and the Middle East. Since the main stores were opened in the most fashionable communities in London, such as Mayfair, Knightsbridge, and Chelsea, they have been loved by many fashionable people. Shoes and boots have been featured in the world's most renowned and stylish magazines, including Vogue, Harper's Bazaar, Vanity Fair, Tatler, Grazia, Elle, and InStyle. They are regularly featured and loved by fashion editors, style pioneers, and fashion-forward bloggers. Kate Middleton has worn the LK Bennett brand several times during her public appearances.

The 2023 spring exhibition "Karl Lagerfeld: A Line of Beauty" at the Costume Institute of the Metropolitan Museum of Art in New York is officially open to the public, and the Met Gala, a fashion event with the same theme, has also been held on May 1. The exhibition commemorates the late German fashion designer Karl Lagerfeld (1933–2019), who led the creative work of Chanel, Fendi, Chloé, and other luxury brands, and will continue until July 16. Previously, from May 1st to May 4th, the exhibition was previewed and only open to members. The exhibition was designed by world-renowned architect Tadao Ando, who first met Karl Lagerfeld in 1996. Andrew Bolton organizes, Mellissa Huber is an assistant curator, and Amanda Harlech is a creative consultant for the exhibition. The exhibition focuses on Lagerfeld's design language, which recurs throughout his last collections from the 1950s to 2019. In the museum's 899 gallery, about 150 works by Lagerfeld from this time period are exhibited, most of which are accompanied by the designer's design sketches, which show his complex creative process and his cooperation with the tailor. The exhibition is launched with the theme "A Line of Beauty", rather than the traditional retrospective format. The exhibition opens with an introduction to Lagerfeld's early career, including winning the International Woolmark Prize in 1954 and his time as a design assistant at Balmain and art director at Patou, during which time he continued to perfect his unique sketching style. Design drafts are Lagerfeld's main way of expressing creativity and communication, and tailors are regarded as Lagerfeld's "architects", responsible for transforming his two-dimensional drawings into three-dimensional garments. The exhibition opened up another space to present a series of interview videos about the cooperation between the two parties, including Nicole Lefort, former textile artist at Chloé; Anita Briey, former chief tailor of the Karl Lagerfeld brand; Stefania D'Alfonso, head of the Fendi fur studio; etc. The video was shot by French filmmaker Loïc Prigent, who followed and documented Lagerfeld's production series from 1997 to 2019, including the shows of Chanel, Chloé, Fendi, and Lagerfeld. The exhibition serves as a way to demonstrate the importance of design drafts to Lagerfeld's creative practice. Andrew Bolton said in a statement: "The exhibition explores Lagerfeld's complex working methods and traces his fashion evolution through the transformation from two-dimensional design drafts to three-dimensional clothing pieces. He recurred in fashion, linked his designs at Chanel, Chloé, Fendi, Patou, and his namesake label Karl Lagerfeld to create a diverse and rich collection unparalleled in the history of fashion." The rest of the exhibition unfolds with "lines" as clues. The title of the exhibition "A Line of Beauty" is inspired by the 18th century artist and writer William Hogarth's book "The Analysis of Beauty", in which the author described his understanding of the beauty of lines. That is, curves represent movement and vitality, and straight lines represents stillness and rest. This coincides with Lagerfeld's understanding of straight and curved lines, and he also draws inspiration from these two lines. In Lagerfeld's design, straight lines and curves represent opposing and complementary forces. Straight lines represent the tendencies of modernism, classicism, and minimalism in his designs, while curves represent his historicism, romanticism. Beneath the straight lines and curves, the curator divided the design into nine sub-lines to present the duality in Lagerfeld's design: softness and masculinity; romance and cruelty; rococo style and classicism; history and the future; decorative style and structure; artistic, classic and rebellious; handmade and mechanical; floral and geometric, and figurative and abstract style. In the "explosions" section, clothing works that fuse these binary and opposing aesthetics are presented. These dual aesthetics reveal the complexity of Lagerfeld's designs as well as the breadth of his influences, including art, film, music, design, fashion, literature, and philosophy. The exhibition ends with Lagerfeld's "satire", which consists of two parts: one is the use of irony, playfulness, and unconstrained embroidery, which shows Lagerfeld's sharp intelligence, and the other is Lagerfeld's famous black and white "uniform", represented by different forms. The work reveals the late designer's self-image. In the final room is an 81-iPhone video device by filmmaker Baillee Walsh that plays Prigent’s never-before-seen images of Lagerfeld, paying homage to the designer’s key ways of creating and communicating. The exhibition is supported by Chanel and Fendi, with additional funding from Condé Nast, the parent company of Karl Lagerfeld's eponymous label, and magazines such as Vogue and GQ. Fendi also selected a series of Lagerfeld's design works from the brand collection, including several original sketches, and placed them in the window display of Fendi's 57th Street boutique in New York, paying tribute to Lagerfeld's design views and his unique working methods. Max Hollein, Director of the Museum Marina Kellen French, said: "Karl Lagerfeld, known for his outstanding design, boundless creativity, and legendary personality, is one of the most fascinating, prolific, and recognizable forces in fashion and culture. This time the immersive exhibition dismantles his artistic practice, inviting the public to experience the most important aspects of Lagerfeld's boundless imagination and passion for creativity."

The designer brand Nanushka announced that it has received a 10 million euros investment from the Swiss investment company SIG-i Capital AG for the brand's new expansion. SIG-i Capital AG, founded by former executives of the Credit Suisse banking group, is a specialist provider of alternative credit for European SMEs. It offers an alternative to traditional financial instruments, such as Nanushka's choice of mezzanine financing, which combines features of both loan and equity financing. In a press release issued by the brand, it reads, "On May 4, Nanushka signed a financing agreement with SIG-i Capital AG through the SIG-i EURO MEZZ fund. The transaction includes funds in the form of mezzanine financing worth 10 million euros, and Nanushka has an implied valuation of approximately EUR 100 million." The funds will be used to "refinance the brand's existing debt and provide additional liquidity to accelerate the company's next phase of growth, including expansion in Asia and the US." Peter Baldaszti, CEO of Nanushka's parent company, Vanguards Group, said, "This is an important milestone for Nanushka and will effectively address our recent supply chain challenges." Founded in 2006 by Hungarian designer Sandra Sandor, Nanushka has amassed a lot of popularity for its unique design and sustainable philosophy that combines Bauhaus and bohemian spirit. At first, Nanushka operated only with funds from the founder's family and friends. In 2016, Nanushka's sales reached $1.34 million. In same year, Sandra Sandor's husband, Peter Baldaszti, now the brand's CEO, brought in outside investment with the help of Agoston Gubicza of GB & Partners, Hungary's largest independent private equity and venture capital firm, with funding from the Hungarian government-backed Export-Import Bank. In 2020, Peter Baldaszti and Agoston Gubicza jointly established the emerging fashion group Vanguards. In addition to the flagship brand Nanushka, it also absorbed two other brands, Aeron from Budapest and Sunnei from Milan. At present, 70% of Nanushka's sales revenue comes from wholesale channels. It has more than 140 sales outlets around the world. It cooperates with high-end department stores such as offline Le Bon Marché and La Rinascente and through online Farfetch, MyTheresa, Net-a-Porter, and other luxury goods platforms. In addition, the brand is also sold through the official website and offline stores in Budapest, New York, London, Shanghai, and Chengdu. The brand plans to adjust the proportion of direct sales and wholesale to 50% each in the next 3 to 4 years.

High-heeled shoes are a powerful tool to make a woman slim. Good-looking and comfortable to wear are our primary criteria for buying. Classic styles never outdate. I find that it is difficult for me to stop investing in beautiful items, like high heels, because every pair is so gorgeous. Minimalist pumps are very suitable for spring street photography. I browsed through more than a thousand items and found the following pumps that I wanted to buy. High heels Brands MARC FISHER Women's Viviene Slip-On Block Heel Dress Pumps $62.30 with code: VIP, Original $89.00 CALVIN KLEIN Women's Gayle Pointy Toe Classic Pumps $76.30 with code: VIP, Original $109.00 NINE WEST Women's Tatiana Stiletto Pointy Toe Dress Pumps $69.30 with code: VIP, Original $99.00 DSW Jessica Simpson Haneh Pump Now $59.99, Original $89.00 DSW Jessica Simpson Parisah Platform Pump Now $49.99, Original $90.00 Sam Edelman HAZEL POINTED TOE HEEL Now $69.99, Original $140.00 Dream Pair Shoes Pointed Toe Low Heel Pumps $42.99, Buy 2 get 10% off, Buy 3 get 15% off Shoe Carnival Women's Y-Not Scheme Pumps Now $24.98, Original $49.99 I want to buy many styles of high heels, but only if my wallet and shoe cabinet capacity allow it. I really love these pumps.

Wearing dresses in spring may be quite confusing. Facing the transition to summer, the climate is not always warm, and sometimes it may suddenly rain, wind, and cold air return. But all this can't stop girls who love beauty from wearing dresses, going to parties, going to the beach, and going shopping. Dresses are indispensable in all seasons, but the fabric changes. The climate changes from cold to hot, and the fabric varies from knitted and leather to chiffon and yarn. Dresses represent women's vitality, elegance, and beauty all the time. The maxi dress is very suitable for wearing due to the length of the dresses in spring; When the weather suddenly becomes cold, we only need to add a coat. As the weather warms up, a maxi dress will do the trick. In order to add more colors to your wardrobe, we have carefully selected some cost-effective maxi dresses for you. You can see if there is one that suits you. This dress from ANRABESS features a large floral print and oversized elbow-protecting sleeves for a bohemian feel; an elasticated waist with belt; and a loose fit at the dress to mid-thigh without worrying about exposure. MEROKEETY's openwork floral dress is made of lace and has a deep V-neck. Not only suitable for wedding parties but also suitable for taking pictures on the beach. Both high heels and flats are very romantic. GO COUTURE The all-black drop-shoulder dress is cut from stretch jersey with charming twist details at the side and looks stylish with a gold necklace and shoes. 90% are modal fabrics, which are very skin-friendly to wear. Donna Morgan's color-blocking dress, orange and rose red, must be a very beautiful scene in spring. This kind of color scheme is very bold for many people, but why is it not synonymous with spring? 98% cotton fabric, and side pockets can also hold things. Now it's just $55.97. Antonio Melani's white gown in a stretch linen blend has puffed sleeves to hide the bare flesh. The whole dress reveals the beauty of old fashion. Order now with free shipping!

Looking at each generation, the fashion trend among the younger generation is deeply influenced by the culture, music, film, and television at that time. Hippies were popular in the 1960s. Punk and rock were popular in the 1970s. These cultures strongly accumulated in the 1980s, and they exploded in the 1990s. These trends are deeply integrated into local film and television, music, and fashion. In the 1990s, there was an important epitome of street style, and the representative place was New York. Young people at that time advocated skateboarding and hip-hop. In terms of dressing, oversize, graffiti sweaters, crop tops, camouflage, bandanas, low waists, and cargo pants are all synonymous with the 90s. Sports and leisure styles set off a fashion trend. There is a representative movie "KIDS", which tells the story of young people on the streets of New York in the 1990s about drugs, alcohol, and AIDS. And this movie also promoted the exchange of skateboard culture between the east and west coasts and the popularity of this culture. Founded in 1980, Supreme, which has laid a solid foundation among skateboard teenagers, has gradually become famous. Related graffiti and street dance are gradually sweeping young people. At the same time, rap culture was also set off by a movie. The film is produced by Dr. Dre and has an original soundtrack. The late legendary rapper Tupac Shakur also played a role. It shows hip-hop culture, street basketball, and the embarrassing lives of black people. Rap initially originated from black musicians living at the bottom of New York, and the groups that emerged later enriched New York's rap culture and attracted young people to come here to realize their dreams. In terms of female groups, Princess Diana, pop queen Britney Spears, and female rapper Aaliyah Dana Haughton were all fashion icons at the time. The style is like Princess Diana's large pattern sweater, leggings, suit jacket, puff sleeve top, baseball uniform, and sneakers. Britney prefers navel-baring outfits, which can be paired with slim or loose cargo pants, and sports shoes are fine. And Aaliyah Dana Haughton likes to wear oversize, which is popular in the hip-hop circle. A large coat, large pants, and a large sweater are perfect with a gold chain. After years of baptism, how can we achieve this style of matching in 2023? Please see the introduction below. 90s Outfit Tip 1: Baseball jacket + printed sweater + biker shorts + sneakers. You can wear the baseball jacket or tie it around your waist, which is very good. Look 1 Look 2 Look 3 90s Outfit Tip 2: Crop top + cargo pants + sneakers Look 1 Look 2 Look 3 90s Outfit Tip 3: Oversize hip pop girl Look 1 Look 2 Look 3 The 90s style is very fashionable now. If you have the above-mentioned similar elements in your wardrobe, you can match them, and you will definitely find the 90s outfit style that suits you best. Welcome to leave a message to discuss with me, and I will reply to you in time.

For myself, it can be said that I am very fond of chips because of crisp and delicious taste. But at the same time it is a good euphoria inspiration to provide suggestions for our stylish clothing. I carefully selected three Kettle Cooked flavors. I think you would like to take a look. LAY'S® Kettle Cooked Original Potato Chips Mira Body-Con Party Dress from DRESS THE POPULATION Rectangle Sunglasses for Women Men Trendy Retro Fashion Sun Glasses 90’s Vintage UV 400 Protection Square Frame K1200 from Kimorn Simulated Pearl Stud Earrings - A New Day™ Gold from Target Women's Pink Jet Set Coated-canvas Shoulder Bag from MICHAEL KORS Love That's Forever Ivory and Gold Pearl Headband from Lulus SEXY WHITE STRING BEAD HIGH HEELS from Marbella's LAY'S® Kettle Cooked Jalapeño Flavored Potato Chips Look Women Cut Out Waist Split Side Square Neck Midi Bodycon Tank Dress Green M from Qazqa Gold Filigree Earrings for Women | Barzel 18K Gold Plated Link Mesh Braided Filigree Hoop Earrings (Gold) from Barzel LV Confidential bracelet Signature Jet Set Double-Zip Wristlet from MICHAEL KORS Danyella Gold Nappa Leather Strappy Sandals from Lulus LAY'S® Kettle Cooked Sea Salt & Cracked Pepper Flavored Potato Chips Freshwater Pearl Floral Drop Earrings from PANACEA 12497 ADA Matte Brown Sunglasses, Brown from Bolle Marilyn Small Crossbody from Michael Kors Camo Asymmetric Satin Cocktail Dress from ELLIATT Cowgirl Confessions Booties - Chocolate from FASHIONNOVA Related Outfit Advice COUCH M14044-508 White Horn-Rimmed Hipster Rectangle Mirrored Sunglasses GUCCI Dionysus Small Shoulder Bag in Orange and White JW Anderson Bumper 15 Leather Shoulder Bag Guess Women's Red Katey Croc Mini Top Zip Shoulder Bag BURBERRY BE 4291 3007/H White Plastic Rectangle Sunglasses Silver Logo Lens Bershka wrap around detail heeled sandal in chocolate Naturalizer Womens Banks Slingback Low Heel Pointed Toe Pumps YUZEFI Mini Fortune Cookie Bag in Beige Leather POLENE EDITION - MONOCHROME BEIGE WIT & WISDOM 'Ab'Solution High Waist Ankle Skinny Pants ZELLA Live In High Waist Leggings MERCARI Gold Heels TORY BURCH Miller Leather Bracelet TORY BURCH Rope Logo Leather Wrap Bracelet VALENTINO GARAVANI Signature VLOGO Leather Bracelet REVOLVE Haydon Dress Mewmews Neriah Long Sleeve Crystal Midi Dress In Green Lulus Wrap Party Hunter Green Satin Wrap Crop Top SHOWPO KHARI MIDI DRESS - STRAPPY BACK RUCHED SLIP DRESS IN LIME Petal & Imitation Pearl Drop Earrings BAUBLEBAR Pavé Crystal Enamel Hoop Earrings Which flavor do you like best? Original, Jalapeño Flavored or Sea Salt & Cracked Pepper Flavored clothing style? You can choose any you like. And feel free to comment below and give me your fashion ideas. Thanks!

The latest research report shows that although the global economy has been in a continuous downturn due to the impact of the new crown epidemic, thanks to factors such as changes in the preferences of younger consumers, the global luxury consumer market is "going against the trend," and the industry growth rate in 2022 will hit the fastest in history. According to a study by Bain & Company, a consulting agency commissioned by the Italian High-end Product Manufacturers Federation, the global luxury goods market will grow by 21% year-on-year in 2022, with a market value of about 1.4 trillion euros. Among them, after experiencing a V-shaped rebound in 2021, the private luxury market segment will further explode in 2022, with a growth rate expected to reach 22%. The report shows that despite the deterioration of global macroeconomic indicators, European and American consumers are affected by inflation, and the cost of living pressure is increasing. The consumer goods market will perform strongly in 2022, and about 95% of brands will achieve positive growth. Claudia Dalpizio, partner at Bain & Company and head of Bain's global luxury and fashion practice, said, "The new wave of the luxury market will evolve through disruption, adapt amidst uncertainty, and develop new trends." According to the analysis, compared with the international financial crisis in 2009, the current luxury goods market is more flexible, and the intergenerational change of consumer groups is the main driving factor. "Millennials" and "Generation Z" led luxury consumption during the epidemic. The data shows that the growth of luxury consumption in 2022 will mainly come from the "Millennials" and "Generation Z" (also known as the "Internet Generation," and "Second Generation"), who were born in the 1980s to the mid-1990s. "Digital media natives" usually refer to the generation born between 1995 and 2009. They have been seamlessly connected to the Internet age since they were born and are greatly influenced by smart phone products, instant messaging devices, and digital technology. Moreover, by 2030, the growth rate of the consumer groups of "Generation Z" and "Generation Alpha" (born between 2010 and 2020) will be three times that of other generations, accounting for one-third of the total market. According to the Bain report, this is partly due to the fact that new consumer groups tend to get in touch with luxury goods earlier: in terms of the age of purchasing luxury goods for the first time, the "millennial generation" is about 18 to 20 years old, and the "generation Z" is about 3 to 5 years earlier, and as early as 15 years old, the "Alpha generation" will also show a similar trend. Small handbags and "post-street" trendy clothing are favored by these younger and more diverse consumer groups. From the perspective of product categories, all categories of luxury goods have recovered to at least the level before the epidemic in 2019, among which hard luxury jewelry and leather accessories rebounded most prominently after the epidemic. It is worth pointing out that the fusion of "street style" represented by neutrality, casual accessories, environmental protection, and sports style with emerging technologies and fabrics, as well as the beneficial attempt brought by the collision of art and luxury goods, has won the widespread love of the new generation of consumers. Quality, beauty, and fashion are the main considerations for young consumers when purchasing products. For example, luxury is accelerating its fusion with art, redefining handcrafted work through imagination and symbolic power. From the perspective of market classification, Europe and the United States are traditionally strong markets for luxury goods, and their performance is still strong: the sales of luxury goods in the United States are expected to reach 113 billion euros in 2022, an increase of 25% over 2019; Europe is the second largest market in the world, benefiting from the strong recovery of the tourism industry, luxury sales in Europe are expected to reach 94 billion euros in 2022. In addition, emerging markets such as India, Southeast Asia, and South Korea performed particularly well. For example, India's growing appetite for luxury goods among indigenous consumers has given the region great potential. The report predicts that by 2030, the valuation of the Indian luxury consumer market will increase by 3.5 times on a current basis. The report also mentioned that the expansion of the customer base and the operation of brands through social media have made the luxury market resilient to the economic downturn. For example, in 2022, the luxury market is expected to have 400 million consumers, and on this basis, it will reach 500 million in 2030. The luxury market is poised for long-term prosperity. Analysts believe that even considering the current highly uncertain economic situation, the global luxury goods market is still expected to achieve strong growth in 2023, and this growth trend may continue until 2030, when the Chinese market will be a strong driving factor. Data shows that in 2021, China's luxury goods market will grow by 18% year-on-year, with a total consumption of US$146.5 billion, showing a significant return on consumption. Moreover, the total market size driven by high-quality consumption exceeds 10 trillion yuan, contributing more than 70% of corporate profits to less than a quarter of China's total retail sales of consumer goods. The huge consumption potential has made internationally renowned luxury goods giants settle in China. For example, the French Kering Group is expanding its stores in China to speed up the digitalization process; the global luxury goods giant LVMH Group announced that it will establish a tourism retail supply chain center for perfume and cosmetics in China in Haikou, Hainan, and is optimistic about the opening and development prospects of the Hainan Free Trade Port. The Bain report pointed out that although the sales performance of China's luxury goods market in 2022 will be lower than that in 2021 due to the impact of the new crown epidemic, in the long run, comprehensive factors such as the increasingly affluent middle class, the growth of new generations, and the development of third- and fourth-tier cities will still affect the market. They will promote China's growth into the largest luxury consumer market. The report mentioned that "the global macroeconomic situation will further widen the gap between the rich and the poor, and the middle class will continue to be under pressure", but China's middle class will be an exception because the common prosperity policy is expected to boost consumption. In addition, compared with the design of home furnishing, the personal luxury goods market will show a trend of faster development. However, the Bain report also pointed out that rising energy prices, continued inflationary pressures, scarcity of bulk commodities, geopolitical conflicts, and the declining purchasing power of some consumer groups will put pressure on the future performance of the luxury goods market. Under the pressure of high inflation and costs, the continuous investment of luxury brand companies will cause their profitability to decline slightly in 2022. "Luxury brands need to use their cultural avant-garde status to overcome future challenges." Federica Levado, a partner at Bain & Company, believes that innovation, technology, data, and even investment in the future are crucial to luxury brands.

The second day of Coachella has come to an end. The performances of Ethel Cain's A House in Nebraska, The Chemical Brothers' No Reason, Becky G's Shower, and Burna Boy's Ye made people's blood boil. In addition to the wonderful performances, we can also see many fashionistas who came to the scene. Their dresses made our eyes shine. Let us appreciate them together now. After seeing so much, what is the enlightenment for us? Coachella Dress Code No.1: Cow Girl Style The festival is in sunny day and the climate is hot and dry. Wearing bras, shorts, and boots are wild and sexy. Outerwear Bra Victoria's Secret Etsy Shorts Pretty Little Thing Boots Boot Barn Ariat Buckle Coachella Dress Code No.2: Free Style Coachella Festival is such a free and happy event, wearing what you like or showing your own personality is a great choice Nasty Gal Pretty Little Thing White Fox Click like or comment if you like this Coachella dress code💗！

A few days ago, the global real estate service provider Savills released the latest global luxury retail outlook, saying that with the recovery of global travel and the return of a large number of international tourists, the recovery of luxury consumption is strong. The number of stores opened jumped 77%, compared with an increase of just 11% globally. Rents fall, and offline luxury stores are booming. In 2022, new luxury store openings in Europe will account for 23% of all such new stores in the world, second only to China and ahead of North America. Tourists are coming back, which definitely puts Europe back on the agenda of those expanding luxury brands." The report noted that rent realignment and improved occupancy rates in some of Europe's leading luxury neighborhoods also boosted leasing activity. The report focused on the London market, where Anthony Selwyn, co-head of Savills' Prime Retail team, said London was one of the most active luxury markets in Europe, topping the continent in terms of new store openings last year. To illustrate the above points, the report cited the example that indicative prime headline rents on Bond Street, London's luxury shopping district, fell by 27% between December 2019 and December 2021. Although rent growth has resumed now, as of the first quarter of 2023, rents are still 17% below their pre-pandemic peaks. However, while overall rents are down, demand and supply shortages are causing rents to rise, with the report predicting that rents in these central parts of Bond Street will be the highest on the block over the next 12–24 months. At the same time, Savills said that the luxury business in the Middle East has also made progress. "In the face of a reduction in international travel, luxury brands are refocusing on relatively underserved affluent markets", and the Middle East market will therefore begin to show growth in mid-2021. Last year, the share of new stores opened in the Middle East doubled in the global new store openings to 6%, with most of the newly opened stores located in Dubai and Saudi Arabia. China's new store opening growth rate is the first, but it is still slowing down. However, the report pointed out that the development of the above regions all benefited from the "marginal softening" of new stores in China due to epidemic-related restrictions. Although luxury brands continue to pay attention to China's huge luxury market, the number of newly opened stores in China still accounts for 41% of the global total, ranking first. "However, in terms of quantity, the number of newly opened stores has indeed decreased. Considering China's accelerated openings in the previous year and weakening tenant confidence due to dynamic lockdowns in parts of China throughout 2022, this was not entirely unexpected." The decline in new store openings in China has also driven the development of the luxury business in the wider Asian region (outside China), also affected by factors such as international travel, and the share of new stores in this region has risen to 12% of the global share. The strategy of luxury brands to focus on relatively underserved markets with a growing high-net-worth population, such as Vietnam, has also boosted luxury brand activity in the region. Marie Hickey, director of commercial research at Savills, said: "While we have seen a large number of new store openings in the traditional luxury market, it is increasingly clear that brands are now expanding to a wider range of locations, and we expect this trend to continue. While major luxury destinations such as Milan, London, and New York are the most attractive for many luxury brands, and this trend will continue, vacancy rates in these markets are a challenge and will continue to Suppression of opening activity over the next 12 to 18 months means that new store activity outside the top markets will continue to increase." At the same time, many luxury brands are also targeting their core customer base: Gucci, Saks, and other brands and retailers have taken cues from iconic brands such as Hermès to try to cater to their top customers. Last month, Gucci opened a new Gucci salon in Los Angeles exclusively for its VIP clients and Hollywood A-listers. U.S. shop leasing demand is strong. Across the ocean in the US, commercial real estate leasing is also booming. On May 2, American real estate developer and shopping center operator Simon Property Group said that although people's concerns about the U.S. economic recession have intensified, leasing demand after the end of the epidemic closure wave is strong. First quarter revenue was better than market expectations, with net rental income rising 3.3% to $1.25 billion, slightly above analysts' estimates of $1.24 billion. "Tenant demand is very strong; Shoppers want to go to brick-and-mortar stores," Simon Property Chief Executive David Simon said on a post-earnings conference call. Occupancy was 94.4% in the first quarter, up from a year ago, the company said. In addition, the minimum basic rent per square foot (approximately 0.0929 square meters) increased by 3.1% to $55.84. According to UBS, new store openings at these malls during the quarter included Steve Madden, Five Below, JCPenney, Starbucks, and Hollister, among others.