Stone Island’s Post

Luxury brands facing the heat of the changing ecosystems amid economic turmoil. Coping mechanisms can only go so far before the old systems fail entirely if a strategic shift is not put into action. - Musical chairs of Creative Directors and CEOs - Shutting down product lines and operations - Closing down stores and minimizing workforces - Losing brand DNA to appeal to larger demographics - Changing Celebrity Influence and Influencer marketing dynamics - Increasing costs of supply chain, materials, and operations - Saturation and new markets pressure … etc. Do you think it’s already too late for some brands to turn things around? What do you think can be done to revive?

Does BALENCIAGA have a €500M blind spot? I'll let you decide... Exhibit One: A recent public review paints a troubling picture: "Purchased a bag which ripped apart on the first couple of uses, the team has stopped responding and kept our original product for 3 months." This isn't an isolated incident. Exhibit Two: The data reveals a deeper €500M customer loss: → Brand Experience: -€301M → Retail Channels: -€70M → Quality: -€105M → Delivery Excellence: -€55M → End-to-End Returns: -€22M Is the brand chasing artistry over customer excellence? What do customers and shareholders think? Consider the potential transformation if François-Henri Pinault and Kering's executive team were to invest just 140 hours in addressing these critical touchpoints. The impact could be significant. These improvements, if implemented, could unlock a substantial €500M in value. This would not only drive significant growth but also restore shareholder confidence in both Balenciaga and Kering. The question, though, is: Can Kering afford to ignore this? Just imagine if they chose to see instead. #StrategicDetective #CustomerExcellence #OperationalExcellence #LuxuryRetail #BusinessGrowth #ShareholderValue #Balenciaga #Kering #CustomerExperience #BrandReputation #FrançoisHenriPinault

Kering BALENCIAGA can we apply what the ancient Romans used to say “errare humanum est, perseverare autem diabolicum”? Or is it more “per aspera ad astra?” What do you think of this haute couture? Will this positively impact the brand and the group business? What shall we expect for results Q2 and Half 2024? Will sticking to this strategy prove the management is creating value and business around the brand? #brandmanagement

I'll let you decide... Exhibit One: A May 28th 2024, public review paints a troubling picture: "Purchased a bag which ripped apart on first couple of uses, the team has stopped responding and kept our original product since 3 months." This isn't an isolated incident. Exhibit Two: The data further reveals: → 87%+ disconnect in BALENCIAGA's customer touchpoints. → At a cost of over half a billion euros in lost customer loyalty and revenue. Imagine the potential if François-Henri Pinault and Kering's executive team invested just 140 hours to address these issues instead. The clear improvements could unlock €500M, driving significant growth and restoring shareholder confidence in the brand and Kering. If only they could see it... #StrategicDetective #CustomerExcellence #OperationalExcellence #LuxuryRetail #BusinessGrowth #ShareholderValue #Balenciaga #Kering #CustomerExperience #BrandReputation

After decades of being on fashion’s endangered list, Haute Couture—the made-to-measure fashion that runs north of $100K—has bounced back to life. I explain why in my latest Style Files newsletter on Substack. . #FashionWeek #Couture #PFW2024

Metallics are always in the fashion orbit, and they're getting even more love in this year’s Spring/Summer, Fall/Winter, and Haute Couture collections.  Check out some of our top picks from 2024 runways! #FahionIndustry #FashionTrend

Dior White Sneaker - Restored From Holi mishap to renewed elegance! 💥🎉 Witness the breathtaking transformation of these Dior white shoes, once marred by a playful Holi accident. Cobblers' expert craftsmen worked their magic and restored them to their original charm. Embrace the beauty of second chances and celebrate impeccable style that refuses to be tarnished. Step into a new chapter of flawless fashion today! DM TO KNOW MORE #thecobblersindia #HoliMishapMakeover #UnblemishedElegance"

💡 Art, luxury, and fashion converged during this week's Haute Couture in Paris. Ever wondered how it all works? The designs showcased on the runway blur the boundaries between fashion and art, resembling exquisite artworks more than ready-to-wear garments. Let's explore the dynamics of haute couture and its synergy with the art world. 💡 During the runway shows, exclusive by invitation only audiences of buyers admire these unique pieces. 💡 Post-show, fashion houses open their showrooms for an exclusive clientèle of VIPs to schedule appointments and explore these creations. Clients can purchase pieces as displayed or request personalised adjustments. These runway pieces often command prices reaching thousands, echoing the allure of collecting fine art. Fashion is inherently more commercial than art, yet fashion houses balance it with ready-to-wear collections, which fund the creation of these meticulously crafted works of art. https://lnkd.in/dvArCYeA #businessoffashion #futureofconsumer #luxurymarket

The making of Christian Dior Couture garments involves processes that blends traditional craftsmanship with modern innovation. From designing concepts, pattern making, fabric cuttings, assembly to fitting, adjustments, finishing touches & presentation. The whole process ensures each garments is a high-quality masterpiece. Dior's leather goods collections are made in Europe. Their shoes and ready-to-wear collections are manufactured in France and in Italy. Much of the world has slowed down but Christian Dior Couture haute couture production has continued in the homes of its talented seamstresses. While millions embrace teleworking, the artisan gowns have been skillfully created through the concept of ‘telecouture’. Made entirely by hand, the dressmakers traditionally spend hundreds of hours crafting the exclusive garments at the Dior workshop in Paris but have made the move to ply their passion for métier in their own homes. #dior #fashion #luxurybrands #educationalcontent #luxe #fashionmaking #fashionbrands #students #mastersstudents #internationalbrands #luxurylifestyle #diorbeauty #dior #paris #france #educationalcontent