Luxury Business Jargon
Business terms used in the luxury industry
- Capsule Wardrobe
- A minimalist collection of versatile pieces.
- Circular Fashion
- Designing clothes for reuse, repair, and recycling.
- Direct to Consumer
- Selling products directly to customers through online platforms or physical stores owned by the brand, bypassing traditional retail channels and intermediaries.
- Ethical Fashion
- Clothing produced with fair labor practices and good working conditions.
- Gender-Fluid Fashion
- Clothing not associated with any specific gender.
- Haute Couture
- The highest level of fashion, made by hand from high-quality materials, typically presented by established fashion houses during exclusive runway shows.
- Limited Edition Drop
- A small, exclusive batch of clothing released in a single instance, often by a designer or brand, creating scarcity and desirability.
- Luxury
- High-end fashion characterized by premium materials, refined craftsmanship, prestigious branding, high prices, and exclusivity.
- Pre-Fall/Pre-Spring
- Collections shown before the main fall/spring seasons, typically featuring transitional pieces.
- Prêt-à-porter
- Ready-to-wear clothing, as opposed to haute couture or bespoke tailoring. It is mass-produced in standard sizes.
- Ready-to-Wear
- Mass-produced clothing in standard sizes.
- Transparency
- Brands' open communication about their production processes and materials.
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