The Luxury x Sportswear Fashion “Ludo”

Sportswear brands are highly sought after by luxury and jewellery brands in a marathon of collaborations

Fashionbi Ludo

16 February, 2024

Table of contents

Luxury labels are carefully reanalyzing their target and values, while incorporating collaboration with other brands to explore new avenues. This strategic approach allows luxury brands to tap into different markets and expand their reach. By partnering with other brands, they can leverage each other's strengths and create unique and innovative products that cater to the ever-evolving consumer demands.

The Scope of Luxury Sportwear Market

In the following years, sports and street sports in fashion got more attention and are estimated to grow even faster thanks to Gen Z and Millennial customers. With their Streetwear Impact Report, Hypebeast and Strategy& found that 72% of the younger generation think sneakers as the best-selling products in activewear brands, followed by 58% for T-shirts and hoodies. However, luxury brands have elegance and high-end as their core values. These values hindered the labels from following the streetwear trend in fashion in sports. Therefore, this alliance gave luxury brands an opportunity to show their rebellious and cool personality in activewear brands. Now, the number of luxury brands who are collaborating with sports brands in fashion is higher than the vice versa.

The collaboration between activewear brands and luxury brands has led to the emergence of a high-end activewear category and luxury sports brands. This partnership has brought together the functionality and comfort of activewear with the style and prestige of luxury fashion. By combining technical performance fabrics with high-end design and craftsmanship, these collaborations have created a new market segment for consumers who seek both performance and luxury in their sportswear. As a result, luxury sports brands have gained popularity, offering a range of upscale activewear products that cater to the growing demand for fashionable yet functional athletic apparel. This fusion of performance and luxury has not only expanded the options available to consumers but has also elevated the status of activewear within the fashion industry, blurring the lines between sportswear and high fashion, leading to the emergence of high end activewear and luxury sport brands.

Convergence of Sportswear and Luxury

Sports brands are adapting to the changing market landscape by experimenting with their product performance. They understand the importance of staying ahead of the competition and meeting the needs of fashion and sports enthusiasts. This constant drive for improvement and innovation has led to the emergence of luxury activewear and luxury sportswear.

This fusion of high-end fashion and sports apparel has the potential to redefine the fashion industry, particularly in the sports sector. The sportswear market alone is projected to reach a staggering $231.7 billion by the end of 2024, highlighting the immense growth potential in this segment.

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