The State of Luxury: Assessing the Luxury Market & My YouTube Channel Start in 2024
Savvy Luxury with Liza Savvy Luxury with Liza
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 Published On Jul 17, 2024

In today's video, I'm sharing my analysis and reflections of the most recent developments in the world of luxury (including the luxury space in social media), asking myself a question of whether I am too late starting a luxury-themed YouTube channel in 2024.

My overview of the current developments in luxury is complete with charts and graphs, which show relevant (and interesting) data. I am also incorporating some data on the growth of the luxury market in my analysis.

At the end, I provide some detail on my luxury journey, sharing why I became attracted to luxury shopping more than 15 years ago.

If you are a luxury lover or someone who is interested in the topic of luxury trends, I hope you will find my video useful. #luxury #luxuryshopping

Resources, featured in the video:
Luxury Market Overview from Oberlo: https://www.oberlo.com/statistics/glo...
What Really Happened to MatchesFashion? article from Vogue Business: https://www.voguebusiness.com/story/c...
Kering Group report from Moodie Davitt Report: https://moodiedavittreport.com/kering...
Chanel Prices: https://www.sothebys.com/en/articles/...

The following YouTube videos were also referenced:
Luxury Shopping is OVER! Here is Why …    • Luxury Shopping Is OVER! Here's Why...  
WHY I STOPPED LUXURY SHOPPING as I used to.. | IS LUXURY SHOPPING OVER? Luxury Shopping Mistakes    • WHY I STOPPED LUXURY SHOPPING as I us...  
Designer Bags Are OVER! THESE Are The New Luxury!    • Designer Bags Are OVER! *THESE* Are T...  
STOP BUYING LUXURY BAGS! 10 REASONS TO WALK AWAY! CHAOS IN LUXURY INDUSTRY! SCANDALS! CRAZY PRICES!    • STOP BUYING LUXURY BAGS! 10 REASONS T...  
Chanel's shocking quality issues! Watch before you buy.    • Chanel's shocking quality issues! Wat...  
Why I Stopped Buying Hermes and Chanel, DECLINE in Luxury Quality    • Why I Stopped Buying Hermes and Chane...  
Chanel Quality Issues So Disappointing | Declining Quality & Defects - Should We Accept Them?    • Chanel Quality Issues *So Disappointi...  
getting rid of my entire luxury handbag collection (Chanel, Hermes, Dior...it's just baggage)    • getting rid of my entire luxury handb...  
Toxic culture of luxury closets    • Toxic culture of luxury closets  
Luxury Shopping Is Not Luxurious Anymore!    • Luxury Shopping Is Not Luxurious Anym...  

SHOP MY FAVORITES HERE:
https://shopmy.us/lizaveta

(Note: Some of the links in this video description are affiliate links, which means that if you click on one of the product links and make a purchase, I may receive a small commission. This helps support the channel and allows me to continue making videos like this. Thank you for your support!)


Please also check out the following videos, that might be of interest to you:
In this video, I talk about the closure of MatchesFashion:    • Unboxing Luxury from Matchesfashion –...  
In this video, I go through some of the oldest luxury items in my closet:    • Quality that Lasts: 5 Timeless Luxury...  

Don’t forget to like, subscribe, and hit the notification bell so you never miss an opportunity to elevate your luxury shopping game.

Time stamps:
0:00 – Intro
02:10 – Investigations, Lawsuits, Allegations of Poor Quality and Customer Service
05:24 – Decrease in Revenues, Increase in Prices
09:51 – Change of Discourse in Social Media
11:38 – My Reflections and Analysis
17:29 – Why Am I Here?
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My favorite places to shop luxury online:
Net-A-Porter: http://www.net-a-porter.com - Offers a wide range of women's luxury fashion from top designers.
Farfetch: http://www.farfetch.com - Features products from a variety of luxury boutiques and brands globally.
SSENSE: http://www.ssense.com - Known for its curated selection of avant-garde and luxury brands.
Neiman Marcus: http://www.neimanmarcus.com - A well-established department store offering high-end brands and luxury goods.
Nordstrom: http://www.nordstrom.com - Stocks a variety of luxury fashion brands and designer apparel.
Bergdorf Goodman: http://www.bergdorfgoodman.com - Offers luxury goods from top designer brands in fashion and beyond.
MyTheresa: http://www.mytheresa.com - A luxury online retailer offering fashion, shoes, bags, and accessories from leading designers.
Moda Operandi: http://www.modaoperandi.com - Allows you to pre-order designer collections straight from the runway.
Harrods: http://www.harrods.com - The iconic British department store offers its luxury goods online.
24S: http://www.24s.com - Part of the LVMH group, offering luxury fashion from Parisian and global brands.
LuisaViaRoma: http://www.luisaviaroma.com - A Florence-based luxury shopping resource for clothing, shoes, and accessories.

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