Christopher Peregrin

In this Expert Analysis #3E's Cassidy Spencer stitches together the details of the Fashion Environmental Accountability Act, a.k.a. the New York Fashion Act. What does the Met Gala have to do with supply chain best practices for sustainability? Read our blog to find out: #supplychain #nycfashion #NewYorkFashionAct

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The True Reward: Customer Satisfaction and the Joy of Reorders 💎❤️ Every reorder we receive at The Spring Story is more than just a transaction—it’s a testament to customer satisfaction and the deep connection we strive to build with each piece of jewelry we create. There’s a unique joy in knowing that the creations we pour our hearts into resonate so strongly with someone that they choose to come back to us. Reorders tell us that we’re doing more than just crafting jewelry; we’re crafting experiences that people want to relive. Each reorder is a vote of confidence, a signal that our commitment to quality and the pursuit of delighting our customers isn’t just being noticed—it’s being celebrated. 🌟 This ongoing relationship with our customers is what fuels our passion. It’s gratifying to see that our efforts to provide beautiful, meaningful jewelry are fostering lasting connections. Every piece sent out is a promise of joy, and every reorder is proof that joy was delivered and cherished. 💖 We are immensely thankful to our customers for their trust and loyalty. Your reorders inspire us to keep innovating and continue striving for excellence. Here’s to more shared moments of joy and satisfaction! #CustomerJoy #TheSpringStory #SatisfactionInReorders

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In the world of retail, the design of a store plays a crucial role in bringing a brand’s identity to life and shaping the customer experience. Upon seeing Aesop’s new cinema-inspired Beverly Drive store, an internal debate was sparked in me: Should brands prioritize crafting their retail spaces solely based on their aesthetics, or should they adapt their store design to resonate with the community they are inhabiting? What do you think? Head to my Substack for my concluding thoughts on my internal debate.

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📢 Excited to share this insightful article from Vogue Business addressing the challenges faced by freelancers in the fashion industry and potential solutions. 🌟 Fashion's freelancers are under increasing pressure, navigating the complexities of the gig economy while striving for fair compensation and timely payments. This piece highlights how platforms like Ubooker are important support creative professionals effectively. Kudos to Vogue Business for shedding light on this important issue! 🔗 https://lnkd.in/g7icrQBY #Freelancers #GigEconomy #FairCompensation #Ubooker #VogueBusiness Claudia Wagner MATTER Maliha Shoaib

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I'm thrilled by the insights from a recent study highlighted by Orbis Research on the #luxury handbag #resalemarket. This comprehensive report projects significant trends and opportunities up to 2031, emphasizing the growing consumer preference for #sustainable and budget-friendly luxury options. My key takeaways were: 💼 Why resale is the future? The shift towards resale services isn't just about economics; it's about an evolving consumer ethos that values sustainability as much as style. With major players like The RealReal, THE OUTNET.COM, and FASHIONPHILE leading the charge, the resale market is not just a niche but a forefront of luxury #retail evolution. This isn't just a trend isolated in one region. The report covers over 12 regions, offering a global view that helps us understand and strategize worldwide. It's clear that to stay relevant, we must acknowledge and adapt to these global shifts. The integration of detailed #marketanalysis, like Porter’s Five Forces, gives us a clearer understanding of our competitive landscape and consumer behavior. It’s essential for us as industry leaders to adapt our strategies to meet these evolving market dynamics proactively. What are your thoughts on the luxury handbags resale market?

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Spring Capsule Essentials ⚡️ I talked with TLC to give my expert insights on what to wear and how to wear it, this Spring! If you participated in my #unfckyourclosetchallenge last week, you’re ready to fill the gaps in your wardrobe with some of my Spring must-haves. And my main advice for everyone looking to refresh their wardrobe this seaon is... ✔️ Get your undergarments in order ✔️ Tailor your pieces for the perfect fit ✔️ Go light with denim for spring ✔️ Level up your skirts and dresses ✔️ Grab a few good blazers ✔️ Get comfortable in your footwear Now is the perfect time to grab these items and let go of the clothes that are just taking up space. Click the link to read the full article!

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Save the date for a very informative Jewelry Design Professionals Network virtual meeting, Sell to the Rich: Insider Secrets for Success in the Luxury Market Free Virtual Meeting Thursday, May 16, 2024 7:00-8:00pm EST Click here to register https://lnkd.in/eMCu4S5W Jeffrey Shaw https://lnkd.in/eCsmwAaR What does it take to capture the attention of the high-end client, win their trust, exceed their expectations, and keep them coming back time and again? There's no shortage of sales tools and strategies out there. But understanding your customers' emotions, mindsets, lifestyle, and behaviors will always be most important. Having been the go-to, family-portrait photographer for the rich and famous for 40 years, our guest Jeffrey Shaw reveals the insider secrets you want to know to captivate the attention of your most ideal clients and make sales easier. Don’t miss the opportunity for this intimate inside look of what makes the luxury buyer tick and how you can position your jewelry business for success in the luxury market. JEWELRY DESIGN PROFESSIONALS NETWORK JOIN US: https://lnkd.in/deYnJvxs EVERY LINK MAKES US ALL STRONGER Barbara Raleigh Dana Buscaglia Kathy Favelson Ani Khachian NANCY ROSS #luxury #jewelryindustry #luxurybuyers #designers #networking #richandfamous

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For those of us working in Sustainability in fashion it can feel lonely. When I worked at Theory 19 years ago, one of my responsibilities was to develop all the trims. I insisted that all metal trims be "nickel free" Nickel is a hard silvery-white metal that may cause irritation to the skin. Exposure can harm the lungs, stomach, and kidneys. Exposure to nickel may lead to cancer. Workers may be harmed from exposure to nickel.This was not popular because nickel finishes are super shiny and appeals to design sensibilities and cheaper. Luckily I had the authority to insist that we only use nickel free products. Eight years ago when I was heading up production at 3.1 Phillip Lim we were faced with the dilemma of a coating on a fabric that would make it waterproof but contained PFAS, versus a coating that would only be water repellent that did not contain PFAS. Again I insisted we should proceed to not use the waterproof coating despite sales would like it to be waterproof. PFAS is a forever chemical that has health effects on immunological, developmental or reproductive, hepatic, hormonal and carcinogenic – basically everything from asthma to testicular cancer. There is now the beginnings of a ban on them. Often there may not be regulations or awareness of the harm many of the materials or substances used in the production of clothing. Sustainability at a fashion company is not a department that drives revenue, your actions are often not popular like turning over rocks in the supply chain. But your work is important and vital. As I reflect on actions I made in the past this week, I am grateful that I insisted and that they had impact for both people and the environment.

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Under the exceptional leadership of CEO Fran Horowitz, Abercrombie & Fitch Co. has undergone a significant transformation. By addressing past mistakes and implementing a comprehensive rebranding strategy focused on inclusivity and diversity, she has driven the company’s remarkable resurgence. This success is the result of years of dedicated effort and commitment to doing what’s right. A recent Forbes article highlights this impressive turnaround, reporting record-breaking first-quarter earnings and a 459% stock growth over the past year, even outperforming tech giant Nvidia. In an era when many organizations have abandoned their commitments to diversity, Abercrombie & Fitch's steadfast dedication stands out. As a former employee, seeing the company thrive once again, with its evolved and inclusive approach, is both familiar and refreshingly new. This transformation is a testament to the power of embracing diversity and inclusivity, and it’s a change worth celebrating.

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Another year, another Met Gala but it is never without fun surprises and the Gap as a star in the show was unexpected! As a center stage for the best in luxury fashion and beauty at a coveted venue that I have had the privilege to create an event at, it serves as a clever platform to elevate a brand. Each year, celebrities and brands align in front of a media powerhouse as is Vogue. Never underestimate what a powerful marketing tool a well-positioned event can be for brands, offering numerous channels for brand visibility from press to social media to influencer marketing. I noticed that the Gap isn’t the only brand to take advantage of the chance to upscale with an appearance: →      Starting with the Gap, having appointed media-worthy luxury designer Zac Posen as the new creative director gives the brand’s appearance at the gala more context. Repositioning the Gap with Posen’s contribution worn by Da’Vine Joy Randolph, while still in keeping with the fabric of the brand by featuring denim, points to elevation without abandoning its core, following Banana Republic’s lead. →      Not typically known as a luxury brand, Tommy Hilfiger was worn by Gen Z favorite Madelyn Cline, catering to the brand’s youthful audience. Hilfiger has been quoted saying that he’s positioning his line as an affordable version of luxury with a more polished look. Having worked at one of his fashion shows, I’ve seen firsthand the influential following he can attract, so this appearance was a smart play. →      In the beauty world, it was nice to see ambassadors like Gigi Hadid for Maybelline and Madelyn Cline for Revlon representing their brands at the gala. This is a great stage for Revlon as it seeks to rise above recent setbacks by reinventing itself to attract a new generation interested in trendsetting, affordable luxury makeup. →      Brands can look at the success of Charlotte Tilbury, winner of the 2014 Emerging Luxury British Brand, and frequent gala guest. Leveraging her past as a notable makeup artist, Tilbury has grown her beauty brand globally and further into luxury, prominently becoming part of the Puig portfolio. Last night, the Matte Beauty Blush Wand made an impact on the red carpet, worn by Rita Ora, Demi Moore and Sarah Jessica Parker among others, and covered in a piece today in WWD. There’s no doubt that the Met Gala continues to prove to be a formidable force in influencing strategic partnerships for brands to form or further their narrative in front of a grand global audience. #metgala #luxurybrandmarketing #beauty #fashion #popculture

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Opportunity below

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🔥 Hot Off the Press! 🔥 Dive into my latest column in TJC's Summer Issue! "9 Strategies to Elevate Your Customers' In-Store Experience." Running a successful jewelry retail business requires continuous innovation and strategic approaches to attract and retain customers. Here are effective ways to expand your business by enhancing your overall customer experience: 1. EMBRACE VIRTUAL SELLING: Explore virtual selling options by offering virtual appointments and creating sales videos. Even post-COVID, virtual selling remains a successful method to connect with customers. 2. PROVIDE FREE WATCH BATTERIES WITH A TWIST: Offer free watch battery replacements while customers wait. This low-cost service allows customers to explore other items in your store while their watch is being serviced. This simple gesture can lead to additional sales. 3. COLLABORATE WITH INFLUENCERS: Partner with social media influencers or local celebrities who align with your brand. Hosting influencer events generates free content for your store and expands your reach to their followers. Influencers can help promote your products authentically and engagingly. 4. HOST EVENTS STRATEGICALLY: Hosting events can contribute up to 10% of your annual sales. Collaborate with local businesses, offer targeted marketing based on past purchases, and invite vendors to showcase their full lines or pieces created exclusively for your store. 5. DEVELOP A LOYALTY PROGRAM: Implement a loyalty program to reward customers for their ongoing support. Exclusive discounts, early access to collections, and special perks create incentives for repeat purchases and build long-term customer relationships. 6. EXPAND INTO CUSTOM JEWELRY DESIGN: Differentiate your store by expanding into custom jewelry design. Find a supplier that offers unique customization options and set yourself apart in the market. 7. PARTNER WITH WEDDING AND EVENT PLANNERS: Establish partnerships with wedding and event planners to become their preferred jewelry provider. Offer promotional discounts for their clients, provide custom jewelry for special occasions, and collaborate with florists to display fresh flowers in your store. 8. COLLABORATE WITH LOCAL PHOTOGRAPHERS: Partner with local photographers to offer free or discounted engagement sessions. This collaboration not only attracts potential customers but also positions your store as the go-to destination for wedding-related jewelry. 9. ENHANCE THE IN-STORE EXPERIENCE: Focus on personalized service, knowledgeable staff, and aesthetically pleasing displays. A positive in-store experience encourages customer loyalty and word-of-mouth referrals. Stay innovative and adapt to your target audience’s evolving needs and preferences. Creating memorable experiences will contribute to building a strong and loyal customer base. Ready to take your jewelry retail business to the next level? Let's elevate your customer experience together! 🌟

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One of the most common misconceptions about luxury is with regard to its cost. In a press interaction, American designer and brand owner Calvin Klein said, “The price tag doesn’t have to be steep for something to qualify as a luxury product”, debunking the common myth that luxury, by its very definition, has to be expensive. (article attached for full read) In today’s times, millennials hustle through their lives wanting to be able to experience an elevated lifestyle. There is a growing understanding that world class quality, design and craftsmanship comes at a price but it need not be sickeningly expensive. Value for money is no longer defined by cheap or discounted products but “price worthiness”. Brands and marketers are therefore striving to offer consumers the best of functionality, quality and design for a lot less making luxury more achievable. Other segments including SUV cars, premium two-wheeler motor bikes, beauty and skin care products, Health food and such others are witnessing better quality products being offered at a premium but achievable price. In this dynamic market, the challenge for brands will be adjusting their marketing strategies to align with evolving patterns of consumer engagement. We will see more brands enter the affordable luxury space either through brand extensions by incumbent luxury brands, international brand entrants or new home grown D2C brands creating waves in the affordable luxury space. The economic indicators support the trade up and premiumisation that is being witnessed in several categories. There is a need gap in this growing segment of aspiring customers who want to experience the best things in life, and want to do so Now! https://lnkd.in/gTEvhE97

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✍️ I firmly believe that within the sustainable handbag manufacturing sector, dedication, hard work, deep exploration, and a commitment to altruism are the cornerstones of building a reputation for trustworthiness. When we prioritize these values, our character naturally becomes synonymous with reliability. With every endeavor, I'm driven by this belief, ensuring that every goal I set is achieved on schedule. #sustainablefashion #luxurybags #handbaginnovation #bagbrands #handbagmanufacturing #ethicalmanufacturing #qualityassurance #ethicalproduction #qualitycraftsmanship #ecofriendlymaterials #highqualityproduct #craftsmanship #oemodm #entrepreneurship #luxurybrands #startups #creativity #innovation #collaboration

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