EnglishTwenty-five years of fashion and finance
From 1997 to 2022 the value of the luxury world increased from 84 to 353 billion euros, with a forecast of 540-580 billion in 2030. An evolution narrated by MF Fashion, the Class editori newspaper that today celebrates an important milestone by looking ahead
Finance was appearing on the catwalks. Big acquisitions were beginning. The foundations of the mega hubs as we see them today were being laid. The time was certainly right when MF Fashion, Class editori’s only European newspaper dedicated to fashion and luxury, was born, which is now reaching its important 25th anniversary since its inception. It was december 10, 1997, when an enlightened vision sensed that the fashion system had more to tell than designer whims, lace and sequins and a model falling during a fashion show. This time there was something underneath the dress.
This important milestone is being celebrated with surprises in the upcoming months, anticipated by a collector’s issue that narrates 25 years of fashion the MF Fashion way, going beyond appearances, analyzing this industry that is both light and heavy, frivolous and business oriented. All elements to tell the story of an industry that has experienced a great business expansion. Because if the world of luxury in 1997 was worth 84 billion euros, in 2022 we are talking about 353 billion euros, according to Bain & company data. It is expected to reach 540-580 billion euros in 2030.
Some birthdays cannot be forgotten. They are a time to take stock, wade forward, and think about the future. (All rights reserved)