The 2020 luxury fashion trends explore many ways that consumers can still experience a premium product or service in the industry despite the global health standard. This year came with many challenges,
altering the way that the retail industry is able to function. Luxury fashion trends such as Balenciaga shifted to stay relevant and appeal to consumers at a safe distance.
It launched its Fall 2021 visuals through a video game entitled 'Afterworld: The Age of Tomorrow, which imagines the conceptual world of the year 2031. Another notable moment for luxury fashion this year is the Moncler and Stone Island acquisitions, where the Italian brands join forces staying as separate brands.
For more tech innovations in the year ahead, check out Trend Hunter’s 2021 Trend Report