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What European Luxury Can Learn From American Fashion

American brands have recaptured the zeitgeist — and market share — as Europe’s luxury slump persists. As the sector’s biggest names plot a comeback, there may be lessons to take from across the pond.
While European luxury is in the midst of a years-long slump, American brands like Coach, Tory Burch and Ralph Lauren are in the midst of a resurgence.
While European luxury is in the midst of a years-long slump, American brands like Coach, Tory Burch and Ralph Lauren are in the midst of a resurgence. (Courtesy)

Late last year, Coach chief executive Todd Kahn was shopping for a hostess gift at a European luxury brand’s store in Naples, Fla. After purchasing a few hundred dollars worth of soaps and other elevated essentials, he asked the sales associate for a ribbon to tie around the bag.

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About the author
Diana Pearl
Diana Pearl

Diana Pearl is Senior News and Features Editor at The Business of Fashion. She is based in New York and drives BoF’s marketing and media coverage.

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