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Week in Review: EssilorLuxottica buys Supreme, Coperni to show at Disneyland, Balenciaga tackles Apple Vision Pro

The Glossy Podcast · with Danny Parisi · July 19, 2024 · 32 min

Summary

This episode dissects three major fashion industry plays relevant to ecommerce operators: EssilorLuxottica's acquisition of Supreme, raising questions about brand portfolio diversification; Coperni's strategic choice of Disneyland for Paris Fashion Week, highlighting innovative brand experiences; and Balenciaga's early adoption of Apple Vision Pro, signaling potential future avenues for immersive customer engagement and product showcasing in luxury retail.

Key takeaways

Themes

dtc strategybrand & contentai & automationretail & omnichannel

Topics covered

brand acquisition strategyexperiential marketingimmersive technology in retailluxury brand innovationfashion show productionstreetwear market trendsapple vision pro applications

Episode description

On the Glossy Week in Review podcast, senior fashion reporter Danny Parisi and editor-in-chief Jill Manoff break down some of the biggest fashion news of the week. This week, we talk about the surprise sale of streetwear brand Supreme to luxury eyewear group EssilorLuxottica, which has no other apparel or fashion brands in its portfolio. Later, we talk about why Coperni is hosting its Paris Fashion Week show at Disneyland and how luxury brands including Balenciaga are making use of the poorly-selling Apple Vision Pro.

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Frequently asked about this episode

What does this episode say about dtc strategy?
EssilorLuxottica's acquisition of Supreme demonstrates a growing trend of established companies diversifying beyond their core categories into adjacent markets like streetwear for brand portfolio expansion.
What does this episode say about brand & content?
Coperni's decision to host its fashion show at Disneyland illustrates the increasing importance of experiential marketing and unique venue choices to generate buzz and storytelling opportunities for luxury brands.
What does this episode say about ai & automation?
Balenciaga's experimentation with Apple Vision Pro, despite its nascent adoption, indicates a proactive approach by luxury brands to explore immersive technologies for future customer engagement, virtual product experiences, and novel presentation formats.
What does this episode say about retail & omnichannel?
The discussion surrounding Supreme's sale highlights the complex financial and strategic implications of streetwear brand acquisitions within the luxury conglomerate landscape, especially concerning brand identity and market positioning.
What does this episode say about dtc strategy?
Brands should consider how unconventional marketing tactics, such as unique event locations or early adoption of emerging tech like AR/VR, can differentiate them and resonate with target audiences in a crowded market.

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