The fashion industry is growing all over the world. As economic conditions have improved in many emerging economies, there is more disposable income that is being put towards fashion trends. This growth is expected to continue in the future. Now is a great time to combine a love of fashion with smart investment strategies.
Luxury goods in demand
Some fashion houses have backlogs of several years for their items. There has been a sharp increase in the demand for luxury handbags, shoes, and other clothing. Exclusivity helps drive demand. Designers such as Hermès have seen a sharp rise in interest from customers all over the world. Luxury manufacturers have seen stocks rise a lot over the last five years. Those that invested back then have enjoyed a great return that will continue to bring them income for years to come.
Start-ups can be a great investment
One way to be a trendsetter is to invest in a start-up company. You might just be investing in the next Calvin Klein or Gucci. There are many gifted people out there who need capital to make their enterprise commercially viable and to nurture their talent. A small investment can yield big returns for those that know how to pick up on the next big trend. Just look at the example of the popular socially conscious brand Zady and you will see how start-ups can make you money. Holding companies, such as the M1 Group, are great for start-ups because they give them access to capital from a variety of investors. M1 Group is invested in the fashion industry and the related industry of commercial real estate. You can connect with Najib Mikati on M1 Group’s LinkedIn profile.
Socially conscious designers
Since the advent of the internet, many consumers are becoming more educated as to how their clothing is designed and manufactured. This has led some designers towards more socially conscious trends. This means organic fibres and assurances that workers are being paid fairly to produce the clothing. Environmental awareness is now a big part of the lives of many people.
Increase in men’s fashion
There has been a significant increase in the demand for fashionable men’s clothing throughout the world. There are many reasons for this. One is that men are employed in more sectors that allow them to dress well whereas in the past more were required to wear uniforms or clothes more suitable for manual labour occupations such as construction. There is also less stigma attached to men expressing themselves through fashion.
In the future, trends will have a more international influence. This might mean that bohemian prints are popular in the US or that African trendsetters are wearing Japanese-inspired clothing. This means that trends could come and go more quickly, so it is more important than ever that clothing companies stay on top of trends all over the world. International style can provide great inspiration for a unique design that melds two or more styles or trends.