Alexander Wang

For the last 3 months there has been something that has been top on many fashion followers calendars; the Alexander Wang release for H&M. The event was open to those with an early bird ticket which were rare. With faces like Ellie Golding, and champagne, live music and the chance to get their hands on the first Alexander Wang pieces, it was packed that night, and by mid-day on Thursday the website had crashed and all stock had been sold. This sudden rush for H&M is why it is so developed and ahead of many other high street shops, as it offers something different to entice new customers as well as holding onto the existing. This is key, not only for the store but for the individual designers as it allows a large audience for the brand as the prices and the audience have changed to suit the occasion. It is, and will always be remembered as an incredible event. 

http://www.hm.com/gb/

ALEXANDER WANG – H&M

On November the 6th, all eyes and ears will purely on the Alexander Wang collection for H&M. The fashion world is now on edge waiting for the full collection to become released, the American sportswear with his own twist. Following Isabel Marant, Versace and even Stella McCartney, this collection in particular has become a very popular look which not only his target audience want; but the dropped prices have attracted a much broader audience for purchase. These events are so vital to the way the fashion world works, as it allows each and every one of us to have a piece of the design collection’s dream, we are all able to make our own story with the garments. Alexander Wang is someone who I have previously looked at in great detail, and I have to say I am incredibly excited to see this collection.

Economy

Economy fashion is fast moving fashion, but not all fast fashion is economical; meaning that some high end styles and catwalk looks can be sold on at a much cheaper price with economy fashion – such as Primark and H&M, they are constantly watching and keeping up to date with the fashion world, yet they aren’t in the same price bracket as the luxury brands. Economy fashion is for those who want an on trend garment at an affordable price, meaning full value for money is gained; it targets everyone, however within sub sections within stores they target different markets. Meaning that the entry price for this sector is £7, which is such a comparison to the 6 figure price tags found on certain Couture garments. The first sweatshop was apparent in the 20th century, after World War One, where there was such a large mechanical mass production for economical reasons, a lot of clothes were needed to be produced but at a much lower rate than previously – there was therefore a large gap int eh market for this. However, because it is such fast moving fashion, most garments make a ‘sell by date’ of 2 weeks, in comparison to months, if not years in the luxury and couture ranges.