Week in Review: Alexander McQueen, Saks Off 5th and Abercrombie & Fitch On this week's episode, Alexander McQueen's mushroom-themed show didn't contain any actual mushroom leather, Saks Off 5th rebranded for a younger audience and Abercrombie & Fitch became the latest mall brand to chase after the booming activewear market.
Fewer deals, more brand recognition: Inside CEO Joanna McKenna’s plan to reshape Jane.com This week, Jane.com announced a new CEO, Joanna McKenna, who joined the company after years at Amazon and Johnson & Johnson. McKenna has her own vision for Jane and it starts with moving the company away from its focus on deals.
Fashion resale consolidation continues as Vestiaire Collective buys Tradesy The acquisition makes Vestiare Collective one of the widest-reaching resale companies with a combined audience of 23 million members globally. Vestiaire Collective traditionally focused on the European market, but in recent years has grown its U.S. presence by 75% per year.
MeUndies reverses course on NFTs after customer backlash After over a month of silence, the company spoke about its intentions with the NFT on March 10, announcing its decision to step back from the NFT space. On the MeUndies subreddit, an open forum dedicated to the brand, the official MeUndies account posted a lengthy statement titled “An Update...
The same-day shipping revolution has come to DTC brands Faster shipping times have increasingly become the norm, pushed by fast fashion companies like Asos, even as supply chain disruptions have caused massive delays. Now, several fashion brands are taking the race toward faster shipping to its logical endpoint: same-day delivery.
How J.Jill is winning over Gen X J.Jill’s target audience is also a bit older than that of comparable brands, centered on 45- to 60-year-olds. According to svp Elliot Staples, despite being an influential force in fashion, women in this age group are surprisingly underserved by much of designer fashion, which often feels like it’s designed exclusively...
Investors are still pouring tens of millions into sneaker e-commerce startups In the last month, investors have put more than $10 million into young sneaker e-commerce companies, including Kyx World and Kicks Crew. Although mainstays like StockX and GOAT have raised hundreds of millions and are now billion-dollar companies, sneaker startups are continuing to drive investor interest and confidence.
More fashion brands are making the ‘easy transition’ to home decor Category expansion is a common tactic for fashion brands looking to bring in new customers, and home decor is increasingly their category of choice.
John Varvatos on new brand OTD and its stores-first sales strategy Four months after OTD soft-launched, Varvatos said he’s finally ready to start talking about how it differs from his work at his previous brand. The differences aren’t just aesthetic, although OTD has a younger target demo and a more pop-culture-focused look compared to the rock and roll of John Varvatos. Think clothes...