Gucci retains top spot for 2nd consecutive quarter in Lyst Index
17 Oct 23 2 min read
Insights
- Gucci maintains its top position in the latest Lyst Index, followed by Prada and Valentino.
- Notably, Miu Miu and Fendi have moved up within the top 10, joined by Diesel and Versace.
- Balenciaga, Dior, and Louis Vuitton rank fourth, sixth, and ninth, respectively.
- Gucci made waves by accepting ApeCoin payments and featuring Ryan Gosling in its campaign.
French brands Balenciaga, Dior and Louis Vuitton rank fourth, sixth and ninth respectively.
Gucci became the first major luxury brand to accept ApeCoin payments and named Canadian actor Ryan Gosling face of the Gucci Valigeria campaign.
Strong demand for Prada’s logo tank top, signature nylon accessories and sunglasses over the summer increased searches for the brand by 44 per cent in this quarter, pushing it into the second position—its highest ever Index placement. It also announced third limited-edition NFT Timecapsule Collection.
Subsidiary brand Miu Miu jumped two places, moving into fifth position. It continued its upcycling initiative through a limited-edition range of leather jackets.
In September, Paris Hilton walked the Versace runway at the Milan Fashion Week, resulting in a 2,000 per cent rise in searches for the brand.
Italy’s Dolce & Gabbana (twelfth) climbed three spaces in the list.
Italy’s Bottega Veneta (eleventh) jumped up six positions. It generated €834 million in revenue in the first half this year.
Miu Miu’s ballet flats were the hottest product of the quarter, with a 1,100 per cent spike in searches.
Fibre2Fashion News Desk (DS)
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