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Read the Vogue Business Index: Winter 2022/23
Technology
Innovation intersects with sustainability as resale and blockchain adoption rise across luxury
As Michael Kors develops its own marketplace, other brands like Hugo Boss are investing in virtual try-on and RFID to reduce returns and improve traceability. Find out more in the Vogue Business Index.
Sustainability
Bottega Veneta tops the leaderboard for sustainability with lifetime warranties and durable designs
Brands are making strong headway in environmental sustainability, but efforts to address social impact and labour standards are still lagging.
Companies
Chanel and Hermès prove power to elevate wearer status through iconic accessories, per Vogue Business Index
Luxury consumers remain resilient despite economic conditions, yet opportunity remains in off-price and entry-level categories.
Retail
Gucci, Burberry and Ralph Lauren maintain highest levels of omnichannel service
Omnichannel features are at risk of industry cutbacks as brands narrow the range of digital touchpoints after the pandemic.
Technology
Digital volatility underpins fragmented performance, per Vogue Business Index
Chaos at Twitter, the increasing cost of Instagram and the growth of new platforms in China require brands to reconfigure digital strategies.
In the Winter 2022/2023 edition of the Vogue Business Index, Louis Vuitton maintained its stronghold with a stellar performance in the ESG, innovation and financial categories. Meanwhile, Saint Laurent crept into the top five Index brands for the first time since the Spring 2021 edition, with a shuffle of positions among the remaining top 10.*
