As the world moves en masse back to a new sense of post-pandemic normalcy, the fashion industry is finding a foothold in the Asian market. In particular, many high-fashion Western brands are enamored with the ever-growing trends emerging from Korean pop culture, with top luxury brands flocking to the South Korean capital. The growing interest in the market raises questions about why luxury brands have such a strong presence in South Korea.
The global popularity of South Korea’s cultural exports, including pop culture, entertainment, and music, has become an appealing point for luxury brands. It seems that the brand is embracing the country’s cultural phenomenon (more commonly known as Hallyu or Hallyu in recent years), but that’s nothing new. The fashion industry continues to ride waves after the pandemic, in part because of South Korea’s growing economic success. Earlier this year, analysts released data on the purchasing power of South Korean consumers. CNBC It was recently reported that South Koreans’ total spending on personal luxury goods increased by 24% to $16.8 billion. Koreans are now the world’s largest spenders on luxury goods, so it’s no surprise that brands want to capitalize on consumers in this market.
Justin Shin/Getty Images
Justin Shin/Getty Images
Justin Shin/Getty Images
What happened during the pandemic Netflixof squid game, the number of fans around the world who are captivated by Korean entertainment has increased rapidly.From there, the stars Lee Jung Jae and Jung Ho Young She has made a name for herself as an ambassador for two of Europe’s most powerful luxury fashion houses. gucci and
In recent years, luxury brands have focused on hosting major fashion shows in South Korea due to the growing wealth and cultural influence in the market. More recently, LV and Gucci have followed suit. ChanelResort 2016 and Dior‘s FW22 became part of a growing list of luxury brands to show in South Korea.What is Chanel Resort 2016, Late Karl Lagerfeld was one of the first to recognize the country’s unique elements, even referring to the Korean tonsori tradition of covering one’s hair with a large hat. The latest Louis Vuitton and Gucci shows also paid homage to Korean culture, spotlighting local talent in all aspects of production, while incorporating references and homages to respecting national traditions. luxury brands such as Chanel, Valentino and Bottega Veneta has gone the way of inviting members of the world’s biggest K-pop groups as ambassadors. BTS and black pinkto become their primary and influential people.
calvin klein
calvin klein
Western high fashion is undoubtedly influenced by the Korean wave, but the country’s cultural influence goes beyond just luxury goods.BTS Jungkook And of BLACKPINK Jenny Expanding the ambassadorship portfolio, both becoming faces of non-luxury brands such as: calvin klein. Korean influence can be seen in other industries such as beauty and Hollywood entertainment.Beauty that Korean superstars like Lisa and Han So Hee have taken on brand ambassadors for different tiers, including: Mac and Charlotte Tilbury, respectively. Just recently, Jenny also starred in the highly anticipated movie. A24 series Idol. The scope of South Korea’s cultural influence undoubtedly goes far beyond fashion, and is entrenched in all walks of life and all industries.
South Korea’s growing reliance on influencers, playing a major role in shaping Western fashion while expanding the range of traditional brands, shows that global success can only be achieved through diversity. increase. With the rise of Korean culture and the power of her K-pop fan base, the future of Hallyu is definitely there and should not be ignored. The current boom in the South Korean economy further proves that this wave is not just a fad, but rather an important part of the evolution of an industry that brings together Asian pop culture and Western luxury brands.
The ever-increasing focus of luxury brands on the Korean market demonstrates that fashion and the outside industry are a constantly evolving blend of social and cultural influences. As South Korea’s economic strength continues to improve, it has successfully expanded brand restrictions, breaking down the cultural barriers that allow traditional Western brands to mix with traditional Korean culture. It continues to be determined that the convergence of dynamics allows fashion to unite very different worlds and the industry is becoming more and more global.
As the Korean wave continues to influence many parts of the world, luxury brands are shifting their geographic axis to Asia, recognizing that what was once seen as a trend is now becoming a movement. would maintain.