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Rich millennials in the US have been known to splash out on their pets, new laundry rooms, and expensive coffee machines. And over in China, rich millennials have their own ideas of what counts as a luxury status symbol. AdvertisementExpect to see these rich millennials mixing luxury casual wear like T-shirts and sneakers with traditional luxury brands, Banta told BI. And getting regular aesthetic treatments has become a top priority for affluent millennials, Banta told BI. Independent luxury brands that offer more authentic products and those that draw on cultural heritage are also highly in demand, she said.
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Business Insider asked three fashion experts to share which shoe trends are in and out for spring. Clogs and mules are easy, comfortable, and popular trends that are on the rise this season. Business Insider spoke to two fashion designers and a stylist about which shoe trends are in and out for spring. AdvertisementBallet-flat-inspired sneakers with openings at the top of the shoe and strap-like laces are coming to the forefront of high fashion, according to fashion designer Jarrah Webster. Edward Berthelot/Getty ImagesAlthough the chunky "dad shoe" silhouette was super popular this time last year, they're falling out of favor.
Persons: , you'll, Jarrah Webster, Webster, Semarah Gabrielle, It's, Claudio Lavenia, Jazmin Monét, Jeremy Moeller, Gabrielle, they're, Edward Berthelot, Monét, they'll Organizations: Service, Ballet, Adidas, Puma, Reebok
The difference with TikTok is that the app has kept out of the crosshairs of commercial interests in Europe. "The user base of TikTok is a lot bigger than a lot of people in Europe think," he said. More than half of people aged 16 to 24 in France and Germany use TikTok, according to data.ai. He is worried the platform poses "several unacceptable risks for European users," including "data access by Chinese authorities, censorship, [and] tracking of journalists." Why Europe's tone is changingLast month, ByteDance admitted to using two journalists' TikTok data to locate their physical movements, according to a widely-reported internal memo.
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