Danny Parisi

1 week ago | glossy.co | Danny Parisi

This is an episode of the Glossy Fashion Podcast, which features candid conversations about how today’s trends are shaping the future of the fashion industry. More from the series →Subscribe: Apple Podcasts • Spotify On the Glossy Podcast, senior fashion reporter Danny Parisi and international reporter Zofia Zwieglinska break down some of the biggest fashion news of the week.

1 week ago | glossy.co | Danny Parisi

In the luxury industry, sometimes you can predict that a year will be a wash, like in 2020 after the pandemic. Other times, you can be sure that it will be a banner year, like in 2023, which was one of luxury’s best years in terms of sales. But according to Bain & Company partner Federica Levato, the co-author of this year’s Bain-Altagamma Luxury Goods Worldwide Study report, 2025 is marked by one thing: uncertainty.

1 week ago | buff.ly | Danny Parisi

“Uncertainty is everywhere — in politics, in the macroeconomic environment, at a global level,” she said. “2024 was a flat year, with a good holiday that saved it from being negative. But this year, with what visibility we have, it has been bad in the first quarter, especially after Liberation Day.”2024 saw global luxury revenues drop from around $423 billion to $418 billion, the first slowdown the sector had seen in the last 15 years, excluding 2020.

1 week ago | buff.ly | Danny Parisi

The January event had 20,000 attendees, and compared to June 2024, the number of attendees from outside of Italy increased by 6.5%. There was double-digit growth in the number of buyers from Spain, Japan, Belgium and the United States. For international brands, Pitti is a great way to reach a new audience, make connections with buyers from wholesalers around the world — not just in Italy — and get a feel for what the competition is doing.

1 week ago | glossy.co | Danny Parisi

This week, a look at some of the international brands descending on Florence for this season’s Pitti Uomo. The event has increasingly cultivated a larger number of non-Italian and non-European brands, many of which are using the event to get a deeper foothold in the valuable European market. Pitti Immagine Uomo, the menswear trade show held twice a year in Florence, kicked off this week. And this year is continuing a trend that began in 2024: Pitti is becoming more international.