Conceptualizing Sustained High Quality Fashion Products in a Devalue Dominated Marketplace

Research output: Contribution to journalArticle

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Abstract

The current fashion system largely sustains an industry through excessive consumer consumption habits resulting in an environmentally unsustainable industry. Fashion trends coupled with mass-production strategies, predominantly within the lower and middle market sectors, is considered by many to have devalued fashion; and has impacted on the higher end of the market, forcing brands to reconsider their quality and price points to remain profitable, or to tolerate lower sales volumes. The online auction culture is a further consideration, with consumers having ready access to cheaper luxury goods, albeit second-hand, which supports the continuing growth of vintage and retro trends reinforced by trend forecasters and endorsed by those with an interest in a more sustainable lifestyle. This presents high-end brands with an opportunity to strengthen their position in a changing marketplace. This paper deliberates factors that contribute to the devaluing of quality before debating the opportunity that the new online culture presents to the high-end sector with the inclusion of a conceptual business model. While conceptual, after deliberating notions from fashion history and from current affairs, the paper proposes an optimistic future for luxury fashion brands and products if new technologies, such as online tools and facilities, and advancing consumer behavior preferences are embraced and utilized to full capacity. It is not to be suggested, however, that the conceptual business model is solely for the purpose of the online retail context.
LanguageEnglish
Pages235-253
Number of pages19
JournalFashion Practice
Volume9
Issue number2
Early online date25 Aug 2016
Publication statusPublished - 2017

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luxury
trend
current affairs
mass production
industry
consumption behavior
auction
market
sales
habits
new technology
inclusion
history
Industry

Cite this

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title = "Conceptualizing Sustained High Quality Fashion Products in a Devalue Dominated Marketplace",
abstract = "The current fashion system largely sustains an industry through excessive consumer consumption habits resulting in an environmentally unsustainable industry. Fashion trends coupled with mass-production strategies, predominantly within the lower and middle market sectors, is considered by many to have devalued fashion; and has impacted on the higher end of the market, forcing brands to reconsider their quality and price points to remain profitable, or to tolerate lower sales volumes. The online auction culture is a further consideration, with consumers having ready access to cheaper luxury goods, albeit second-hand, which supports the continuing growth of vintage and retro trends reinforced by trend forecasters and endorsed by those with an interest in a more sustainable lifestyle. This presents high-end brands with an opportunity to strengthen their position in a changing marketplace. This paper deliberates factors that contribute to the devaluing of quality before debating the opportunity that the new online culture presents to the high-end sector with the inclusion of a conceptual business model. While conceptual, after deliberating notions from fashion history and from current affairs, the paper proposes an optimistic future for luxury fashion brands and products if new technologies, such as online tools and facilities, and advancing consumer behavior preferences are embraced and utilized to full capacity. It is not to be suggested, however, that the conceptual business model is solely for the purpose of the online retail context.",
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Conceptualizing Sustained High Quality Fashion Products in a Devalue Dominated Marketplace. / Cassidy, Tracy Diane.

In: Fashion Practice, Vol. 9, No. 2, 2017, p. 235-253.

Research output: Contribution to journalArticle

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