Luxury Brands Wrestle With Gen Z’s Embrace of Affordable Dupes, Report

The luxury retail landscape is being reshaped by the rise of “dupes”—affordable alternatives to high-end goods—as many consumers, particularly Gen Z, seek aspirational style without prohibitive

Luxury Brands Wrestle With Gen Z’s Embrace of Affordable Dupes, Report
Retail

Luxury Brands Wrestle With Gen Z’s Embrace of Affordable Dupes, Report

The luxury retail landscape is being reshaped by the rise of “dupes”—affordable alternatives to high-end goods—as many consumers, particularly Gen Z, seek aspirational style without prohibitive price tags. According to a recent Colliers report, this trend presents both a challenge and an opportunity for established luxury brands, forcing them to reevaluate how they connect with a new generation of value-conscious shoppers.

The Rise of “Accessible Luxury”

The report highlights the emergence of mid-level fashion brands that are essentially “upscaling the counterfeit concept.” These brands leverage similar manufacturing facilities and comparable materials to offer more affordable products. This trend extends beyond handbags and scarves to encompass jewelry, home goods, and even furniture, as demonstrated by the popularity of “inspired by” luxury furniture dupes on TikTok.

Brands like Mejuri and Aurate are disrupting the fine jewelry market with “everyday luxury” pieces, while e.l.f. Cosmetics offers budget-friendly beauty products that rival their high-end…

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