Sneakers in Luxury

Fashionable trends: about Sneakers

29 October 2017
SHARE

Sneakers are probably the fastest growing product segment in luxury goods, with double-digit growth over the last years, much more than industry average. Luxury brands, however, have faced this market opportunity with very different sense of urgency and commitment.

 

shoes strategy fashion

Shoes strategy fashion

 

We would like to support the different positioning of luxury brands in the Luxury Sneakers segment with hard facts based on Contactlab proprietary Fashion&Luxury library (ca. 80000 items are mapped every year on US websites, basis for the Online Offer Dive & Online Pricing Landscape series of reports).

 

Gucci (79 models) offer is the broadest, followed at distance by Prada (45), Saint Laurent (44), Hermès (38), Louis Vuitton (36), Fendi (36), Dolce&Gabbana (30), Ferragamo and Valentino ( 28 each)….

 

The perspective is quite different once considering the ratio of Sneaker Models on Company revenues.

 

sneakers online offer

 

Balenciaga, Saint Laurent, Fendi stand out ( … by the way these companies are growing double digits)

Dolce&Gabbana, Valentino, Brunello Cucinelli are above industry average (….by the way these companies are growing double digits too )

– Gucci, Prada, Bottega Veneta and Ferragamo are somehow aligned to the industry

– Loro Piana, Hermes and Louis Vuitton are lagging in the ratio

 

sneakers online offer vs company revenues

 

Building on Robert Williams Prada, Ferragamo Unfashionably Late to Luxury’s Rebound, it is surprising that sneakers weight so little inside Ferragamo shoes mix.

 

sneakers offer vs revenue mix

 

 

Finally, the usual reality check in via Montenapoleone:

 

D&G Window

D&G Window

Dolce & Gabbana store windows plenty of sneakers, only brand with a dedicated boutique where sneakers can be personalized according to customers’ tastes.

 

 

In addition, Valentino store windows with 5 pairs, Versace 2, Zegna 2, Brunello Cucinelli 1.

 

Reality check sneakers montenapoleone

Reality check sneakers in Montenapoleone

 

29 October 2017
SHARE
Author Marco Pozzi Senior Advisor

NEWSLETTER

Subscribe now to receive news and insights on customer engagement

© 2018 ContactLab S.p.A. – P.IVA e C.F. 09480090159 - All rights reserved
This website uses some cookies, also managed by third parties, and other technology such as fingerprinting,in order to collect statistical information and to target messages in line with the users’ online navigation preferences. To withhold consent to this cookies, click here.If you continue browsing by accessing any other section or selecting any item on this website (e.g. by clicking a picture or a link), you signify your consent to the use of cookies and other technology for profiling purposes.