Hey loved one…
Today’s article is not about politics. It is a study on the Luxury economic status based on the color of your skin since 1441.
Here’s why…
The systematic trafficking and enslavement of Africans to Europe began in 1441 when European explorers kidnapped twelve Africans.
This was the beginning of the slave trade.
Now why am I bringing this up? As a luxury handbag artist, I recognize that systemic change starts from looking at imbalances in luxury market.
Today, Black-Owned Luxury does not exist in the same realm as the Luxury conglomerates.
Every time a Luxury Black-Owned Brand get to the heights- it didn’t make it.
Vigil Abloh’s Off-White. Sold.
Rihanna’s Fenty. Paused.
This article is a deep dive into why and what you can do today to make history.
Enjoy -💋LK
Black American Culture has an Un-Used Advantage on the Luxury Industry.
The Future of Luxury May Not Be European Anymore.
Entire sectors of luxury spending are being heavily fueled by a culturally influential group of discerning clientele at which the luxury industry has ignored as a leader in luxury spending.
I’m bring this up because, this is the real conversation
nobody in fashion wants to have.
Remember I mentioned in my youtube video here, that conglomerates due to their size, must appeal to the masses to stay large.
Because of this, they can no longer can rely on their 100 year old heritage alone.
For most conglomerate brands, it also now runs on the backs of black culture.
Black Culture.
Luxury fashion studies them.
