Prada is the world’s top brand in Q4 – Lyst Index

Despite its woes of the pandemic period, PRADA has clearly been bouncing back. It’s topped the Lyst Index three times now since Q4 2022 and in the latest three months it saw searches up 41% year on year worldwide. Sister brand Miu Miu came in second place

Other strong names in the top 20 this time included Moncler, which was up two positions to number five, as well as Balenciaga, also rising two spots to number 12. Burberry was up one spot at number nine, as was Jacquemus, which has seen a fairly rapid rise to prominence in recent years and regularly features in the top items list. This time it hit eighth place.

The Row is making its debut in the top 20, with searches increasing 93% this quarter. Last year was the era of ‘quiet luxury’, a trend that this label lives and breathes. “With a limited social media presence and a relatively unchanged brand DNA, the label has quietly built a cult following since its 2006 launch, winning six CFDA awards over nearly two decades,” Lyst said.

Balenciaga, as mentioned, jumped two places “after a busy quarter of new celebrity endorsements and months of image rebuilding”. The rebuilding was very much required after a badly thought out ad campaign saw it garnering lots of negative headlines and dropping off the radar for a number of luxury shoppers.

Its pre-fall 2024 show “served as a soft launch for a powerful collection”. And its Erewhon collab capsule collection, which included a hoodie, T-shirt and tote bag “quickly sold out and drove over 10.1 billion views on TikTok and searches increased 7% on Lyst”.

Meanwhile, Skims was among the fastest risers this quarter, climbing three spots into 14th place. Lyst said the brand “continues to drive momentum after partnering with Swarovski with an exclusive collection made up of body-contouring jewellery and crystal-encrusted shapewear, and being named the official underwear partner for the NBA; the men’s boxer is currently ranked 10th in the hottest products category”.

Overall the top 10 comprised Prada, Miu Miu, Loewe, Bottega Veneta, Moncler, Saint Laurent, Versace, Jacquemus, Burberry and Valentino. And the rest of the top 20 included Gucci in 11th place then Balenciaga, Diesel, Skims, Dior, Louis Vuitton, UGG, The Row, JW Anderson, and Fendi.

The quarter’s three ‘Breakout Brands’ included Victoria Beckham. The business may not yet be profitable but there’s no denying that it punches above its weight in terms of the interest it attracts compared to its overall sales. Following the launch of the Beckham documentary on Netflix, searches for the label spiked 68% on Lyst in October

It may seem odd that an established name like Ralph Lauren can be described as a breakout. But Ralph Lauren presented its first Artist in Residence collaboration and that had a big impact. “Embraced for their understated quiet luxury and preppy style, the Slim fit polo T-shirt and Chino baseball cap stand out as hero products this quarter,” Lyst explained, with searches for the brand up 22%.

Meanwhile, a much younger label — running specialist On — was also on the breakout list with searches up a massive 592% and the On x Loewe sneaker emerging as its top trending product.  As for Q4’s other hottest products, The Row’s Margaux bag was number one, “having already been heralded by some as ‘the new Birkin’. Searches for the hard-to-find tote bag spiked 63% this quarter and are up 198% year-on-year,” we’re told.

Victoria Beckham’s Frame buckle belt was Q4’s second hottest product, riding the wave of the designer belt category benefitting from a 28% rise in demand, “as belts re-emerge as a hot category, an accessible fix for customers looking to buy into luxury brands on a budget”.

Away from the full-on luxury sector, Adidas Originals’ Country OG sneakers were fourth and surprisingly, were the only sneakers in the hottest product category this quarter. The growing popularity of metallic silver accessories led to a 14% increase in searches for the ‘70s running shoe.

Prada’s logo sneakers in fifth place helped drive the label into its top spot and the popularity of UGG’s Tasman slippers at number six has already been mentioned. Meanwhile COS’s Wool coat was in seventh place. “Hailed as the ‘Saint Laurent dupe’ on TikTok due to its comparable tailored silhouette, the high street product quickly became a viral sensation and sold out,” Lyst said.

A Ralph Lauren cap was eighth and the Arc’teryx Atom hoody jacket was ninth, “highlighting the blurring lines between style and functionality. A lasting impact from Covid-19, there has been increased interest in nature and outdoor activities, reflected in the continued rise of outdoor sportswear brands”.

Finally, number 10 spot was occupied by the aforementioned Skims boxers

 

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