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Beyond luxury, growth of 2 to 4 percent is predicted for the year ahead, in line with the probable outcome in 2023. The European market will likely expand by just 1 to 3 percent, compared with 5 percent in the first half of 2023 and 1 to 3 percent in the second half. Slumping consumer confidence and declining household savings are expected to be the most probable causes of restrained spending. In the United States, nonluxury sector growth of 0 to 2 percent is forecast. And China is expected to be similarly challenged amid 4 to 6 percent growth, which is a slight uptick from the end of 2023 but slow when considered on a historical basis. You can always expect a bit of brightness splashed across the color palettes of spring/summer collections. This year, one of the standout shades is yellow, which appeared in a full spectrum of shade variations ? including a zesty lemon at Prabal Gurung, rich buttercup at Helmut Lang, and ultra-bright neon at Coach. Drop waists, a style of dress where the waistline sits at or below the hips instead of at the natural waist, were among this year’s standout silhouettes. At Rachel Comey and Collina Strada, elegant draping was used to achieve the effect, while Christian Siriano sent a dramatic drop-waist ballgown down the runway. Low-slung waists have been all over trend reports for several seasons now, but – and I can almost hear that sigh of relief from the millennials among us – it’s time to revisit the high-rise. In fact, if you subscribe to Loewe way of thinking, only the super-high-rise will do. Perfect for everything from officewear to dinners, date night to days out, the high-rise rule can be splashed out across your entire trouser repertoire whether you’re wearing jeans, sweats or tailoring. Invest in a great, timeless belt to elevate the look. Who needs a bodycon mini dress when you’ve got one that’s fully bejeweled? That’s the question posited by another major 2024 fashion trend?rhinestone and sequin-encrusted micro-minis. This happy marriage of boxy mod silhouettes and shimmering finishes ranges from peachy nude and pearlescent paillettes and shift dress structures spotted at Carolina Hererra and Richard Quinn to Gucci’s relaxed-to-the-point-of-pinafore tangerine dream dress featuring a gothic checkerboard of rhinestones. Meanwhile, designers like Christian Cowan, Michael Kors, and Versace incorporated ’70s style touchstones like bell sleeves and abstract floral motifs in their takes on this gilded and groovy trend.
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