Retail Dogma

Fashion Business

What is Luxury Retail?

Luxury retail is a segment in the retail industry that specializes in selling high-end goods that are characterized by high quality, high prices and a high degree of exclusivity. Read Also: What is a Luxury Brand? Over the last few years, the luxury retail industry has seen a tremendous growth, and in this article we …

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The Fashion Pyramid

The Fashion pyramid is a market segmentation pyramid that segregates fashion brands based on price, quality and creativity. The higher the segmentation level, the higher are those characteristics in this brand. The five levels of fashion segmentation are Haute Couture, Ready-to-Wear (RTW), Diffusion, Bridge and Mass Market. Haute Couture At the top of the fashion …

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