Rebecca Minkoff's Fashionable Aproach to Luxury

Rebecca Minkoff's Fashionable Aproach to Luxury

Assessment

Interactive Video

Business, Social Studies, Information Technology (IT), Architecture, Life Skills

University

Hard

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The video discusses the current state of the fashion industry, highlighting the overabundance of fashion and luxury items due to social media. It addresses the broken fashion system, consumer fatigue, and the need for new strategies like 'see now, buy now'. The discussion includes growth potential in the middle-class segment, pricing strategies, and the impact of Fashion Week. The video also covers brand independence, distribution strategies, and competition with larger brands, emphasizing the importance of stability and nimbleness in the fashion industry.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What insights does the text provide about the evolution of fashion trends over time?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do independent brands play in the current fashion landscape according to the discussion?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the text describe the relationship between pricing strategies and competition with larger brands?

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