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Rooted in skate, surf, grime and hip-hop culture streetwear has been a means for the younger generation to stand out and look different, to express
themselves through fashion in a world where the importance of individual style trumps the prestige of a label. Streetwear has always remained underground until its recent explosion; with the help of social media, support from influencers and brands deliberately controlling levels of supply so that they are far below
the level of demand. It has created exclusivity and a constant drive for consumers wanting more. Much like what Luxury brands are replicating today, however they create exclusivity through there high prices and some are even starting to adopt the “drop” idea where a piece of clothing will only have a limited number of units available a concept built by streetwear brands. It can’t just be me who has noticed but since when did high end luxury brands become so interested in sneakers and pouches. The lines between Sportswear, street wear and luxury have become blurred, driving forward this new dominant aesthetic we are seeing in fashion. The explosive growth of oversized hoodies and graphic T-shirts are being embraced by high end brands selling clothes once only seen at skate parks or Thursday morning in the que for the supreme drop. Luxury brands are reinventing themselves to reconnect with a younger generation, allowing them to experiment with new and exciting styles. They have realised the power of the streetwear consumer and the influence they have on social media. Both streetwear and luxury brands have a similar business model to create a “hard to get product” to build scarcity and exclusivity to drive demand. We have seen many recent collaborations from the likes of supreme x LV or Palace x Ralph Lauren and I believe this is just the beginning; I see Luxury brands continuing to embrace streetwear and the influence of pop culture.
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