In the U.S., Prime Day sales were up 8% year-over-year on the second day of the event. But what's more notable was the 14% increase in discount rates, averaging 24% off. At the same time, there was a 14% increase in products' average selling price. Apparel was among the highest...
This week, we talk about the surprise sale of streetwear brand Supreme to luxury eyewear group EssilorLuxottica, which has no other apparel or fashion brands in its portfolio. Later, we talk about why Coperni is hosting its Paris Fashion Week show at Disneyland and how luxury brands including Balenciaga are...
According to Pacsun’s vp of women’s merchandising and design, Addie Rintel, Pacsun has been watching the meteoric rise of baggy denim with great intent. On Thursday, it announced an entire back-to-school campaign, called “Better in Baggy,” focused on oversized everything, including denim.
After Trump was shot at a rally in Pennsylvania, pollsters and media outlets predicted that the failed assassination would be a benefit to the Republicans during the upcoming election. Investors, predicting that another Trump presidency would be friendlier to business and likely come with deeper cost cuts, reacted accordingly. On...
Ten years in, Pair of Thieves does over $100 million in revenue and has a presence in over 4,000 Walmart stores and all of Target’s nearly 2,000 stores. Its wholesale revenue makes up about 80% of the business, and it has never taken any outside investment. Young brands often find...
Last week, news broke that Disney is reviving “The Devil Wears Prada” — but the fashion media landscape has changed a lot in the 12 years since the original film was released.
This week, we take a look at the layoffs at Burberry and what it says about the state of British luxury, the landmark acquisition plans for Saks Fifth Avenue parent company HBC to buy Neiman Marcus, and the surprising collaboration between Shein and Monse.
SoHo is one of the most expensive places in the city to open a store. When Sasha Chou, founder of the independent beauty and personal care brand Mumu Bath, was looking to open her first store, she found leases in SoHo to be in excess of $14,000 per month. She...
Buru owns its own “microfactory” in Los Angeles where a team of 40 people including sewers and pattern makers assemble the brand’s small batch dresses, jackets and tops. The vertical integration allows for all sorts of benefits, including shorter production times, no delays in receiving products due to shipping problems...