HeadlinesBriefing favicon HeadlinesBriefing.com

Luxury Buyers Find Value in Uniqlo, Zara, and Muji

Financial Times Companies •
×

Alison Loehnis, former Yoox Net‑a‑Porter chief, admits that even high‑end shoppers rely on low‑cost staples like Hanes men’s undershirts and Uniqlo basic tees to round out outfits. The trend signals a shift in luxury consumers’ buying habits.

Industry insiders such as Lisa Pomerantz and Iliane Ogilvie Thompson note that brands like Zara, COS, Muji, and H&M now produce pieces that match runway quality at a fraction of the price. Muji Labo cashmere sweaters cost roughly one‑twentieth of a comparable luxury cashmere, a price point that appeals to budget‑conscious buyers.

High‑profile designers have moved into high‑street lines, boosting credibility for fast‑fashion names. The move could pressure luxury houses to justify premium pricing or risk losing relevance among buyers who now mix designer pieces with affordable basics.

Retailers that successfully blend quality and price stand to capture a larger share of the affluent segment, potentially reshaping the competitive dynamics between high‑fashion and mass‑retail.