Alibaba is particularly weary of counterfeits, given that the platform was once a haven for counterfeit goods. Back in 2016, Alibaba’s founder Jack Ma stoked the ire of fashion brands around the world when he seemed to flippantly brush off the question of why so many counterfeit goods were being...
This week, Stockx rolled out two new efforts meant to make sneaker resale, once the domain solely of hardcore sneakerheads, into something more accessible. As sneakers grow as a category, this accessibility will be an important way for both brands and resellers to bring more customers into that world.
A new report from Sharecloth revealed that nearly 30 percent of fashion goods produced go unsold. Furthermore, more than 50 percent of fast fashion sold is thrown out less than a year later, with 12.8 million tons of clothing annually dumped into landfills.
On Monday, the British fashion retail giant Asos announced that its stock had crashed by an astonishing 40 percent. After a truly dismal November, fashion retailers across the U.K. have seen massive downturns and are turning to slashing prices as the only reliable way to get people to continue spending....
Tmall, the massive Chinese e-commerce platform, has positioned itself as the gateway between brands from outside of China and Chinese consumers, who are increasingly some of the most valuable and lucrative audiences for luxury brands.
In the third quarter of 2018, the once-dominant underwear brand Victoria’s Secret saw yet another dip in overall sales as it struggles to regain an audience that is increasingly choosing competitors. In the wake of Victoria’s Secret’s falling out of favor, a number of other brands are capitalizing on the...
The sneaker resale industry is valued at more than $1 billion, and resellers like Stadium Goods have received funding from major players like LVMH’s Luxury Ventures investment arm. We spoke to some of the biggest resellers in the world -- GOAT, StockX and Stadium Goods -- to explore where the...
The move comes at a time when the worlds of streetwear and luxury are increasingly coming together and Stadium Goods has been at the center of this convergence. The reseller previously received significant funding from LVMH’s investment arm. Both companies stand to gain from the move, each offering access to...
Controversies in fashion, from harmless gaffes to crude and offensive statements to outright instances of harassment and assault, happen constantly. The fashion industry is notorious for its loose morals in everything from the treatment of models to the sourcing of its materials. But when these controversies arise, brands often react...