The Milano Cortina Winter Olympics have drawn strong interest from luxury brands, with Italy’s fashion capital and its elite Alpine resorts set to welcome affluent visitors from across the globe and command a vast worldwide TV audience.
Sensing the opportunity, high-end labels have opened boutiques at Olympic venues, outfitted national teams and rolled out limited-edition capsule collections inspired by winter sports, underscoring a growing shift toward sport as a powerful marketing platform.
"Luxury brands have been gravitating toward the world of sports for quite some time now. Now, with the Winter Olympics, a new opportunity arises to further cement this connection,” said Emanuela Prandelli, associate professor of fashion and luxury management at Milan’s Bocconi University.
She noted that this comes at a time when affluent consumers are increasingly choosing to spend on unique experiences rather than luxury products.
"The goal for all is to reach a broader audience brought together by the values of sport and the glamour of the event, inspiring the most aspirational clientele while simultaneously offering new reasons for desire to the more established luxury customer base,” she said.
Armani’s sport line EA7, which has been the official technical outfitter of Italy’s Winter Sports Federation since 2022 and counts top Alpine skier Sofia Goggia as an ambassador, will serve as a partner at the Winter Olympics and, once again, as the official outfitter of the Italian team.
Ralph Lauren, which has been the official designer for the U.S. team since 2008, will dress the American Olympic team again this year at the Games.
The Winter Olympics run from Feb. 6-22.
New stores on Cortina’s Corso Italia
For Moncler, these Winter Games mark a comeback after almost six decades. The brand started life as a supplier of mountain gear and last featured at an Olympics in Grenoble, France, in 1968.
The Italian outerwear brand, for whom Brazilian skier Lucas Pinheiro Braathen is an ambassador, will be the official sponsor of the Brazilian Olympic Committee for the opening and closing ceremonies and the technical sponsor of the Brazilian Alpine ski team.
"Luxury is increasingly treating the Olympics as a cultural mega-platform where savoir-faire can be staged on a global scale, especially when the host city aligns with brand heritage,” said Noemie Voyer, a fashion expert at Luxurynsight. She noted that this also happened when LVMH partnered with the Paris 2024 Olympic Games.
That strategy is also playing out on the ground in Cortina d’Ampezzo, a town in the Dolomites that has been popular with well-heeled tourists since it hosted the Winter Games in 1956.
Luxury brands have been racing to open or refurbish boutiques in the Alpine resort, which has just over 5,000 permanent residents.
Prada and Loro Piana have opened new stores on Cortina’s main Corso Italia shopping street, while Dior, Louis Vuitton and Swatch have renewed their retail spaces in the town. Historic local multibrand boutique Franz Kraler has also carried out major renovation work ahead of the influx of visitors.