According to the digital wholesale marketplace Joor, the growth of the affordable luxury handbag sector is swiftly outpacing more expensive handbag categories. Affordable handbags in a casual tote silhouette, specifically, are outselling high-luxury bags, showing a clear shift over the last three years.
This week, we talk about the ongoing dominance of Abercrombie & Fitch and the continued drama between Boohoo and its minority owner Frasers Group. Later, we talk about the lawsuit between two influencers that raises some fascinating questions about the lawlessness of the creator economy.
URBN, the parent company of Urban Outfitters and Anthropologie, among other brands, announced a record earnings quarter this week. On Tuesday evening, the company posted a new high net income of $109 million for the third quarter. But it was at Nuuly, URBN’s rental business, which offers products from all...
President-elect Donald Trump has promised to be “the most pro-crypto president” to date and to create a Bitcoin stockpile for the U.S. What will it mean for fashion?
Norwest, which has over $12.5 billion in assets, has invested in companies including Birdies and Faire. Managing partner Jon Kossow spoke to Glossy about what kinds of things he likes to see in a potential investment, how he thinks about investing in the modern consumer landscape and how brands can...
This week, a look at the changing strategies around luxury holiday window displays, with a focus on how Ralph Lauren used AI this year to create an interactive display. Plus, we spoke with Watches of Switzerland CEO Brian Duffy about his observations on the growing American luxury watch market.
This week, we talk about Black Friday and some of the ways brands are approaching the holiday shopping season. Later, we discuss Target’s struggles to keep up with rivals like Walmart and fashion's potential return to the cryptocurrency well now that a crypto-friendly president is coming to the White House.
In March, Amazon scored a major coup in the world of premium beauty by bringing Clinique — the first of several Estee Lauder companies slated to join Amazon — onto the platform. Melis del Rey, Amazon’s gm and director of North American stores for beauty, baby and beauty technology, was...
Over the last three years, the British watch retailer Watches of Switzerland has made several acquisitions, from buying five different jewelers in 2021 to paying $130 million this year for the U.S. distribution rights for the watch brand Roberto Coin. That spree was capped off this year by the acquisition...