On Thursday evening, the company hosted an event celebrating the grand opening of its newest flagship store, a two-story hub in NYC's Meatpacking District. The store, designed in monochrome shades of grey, pays homage to the black-and-white street photography of legendary New York photographers like Ralph Gibson and Bruce Gilden....
If passed, the bill could be among the largest pieces of legislation affecting the circular fashion economy. The luxury resale industry has been booming for years, relatively unabated through the pandemic years, even without any legislative help. In 2023, the global luxury resale market was worth nearly $40 billion with...
Purchased for a bargain sum in December, it seemed like Matches was on its last legs even before the acquisition. And it’s clear from a new statement from Frasers that it found no plausible way to turn Matches around. More than half of the company's over 500 employees will be...
Growth plans with specific revenue goals are a good way to instill confidence in investors, but it's increasingly hard to predict how the market will react over a longer period.
This week, we talk about the Paris Fashion Week highlights, look at the proposed legislation in France and the U.S. targeting ultra-fast-fashion brands like Shein, and discuss Foot Locker’s poor performance last quarter and the implications for sneaker retail.
The next big category expansion for Abercrombie & Fitch is bridal, a growing industry worth $61 billion globally according to Research and Markets. On Thursday, Abercrombie is launching the online A&F Wedding Shop featuring over 100 pieces including bridal dresses, bridesmaids dresses and apparel geared toward bachelorette parties and trips,...
The film’s oppressive visuals of desolate deserts, strange planets and alien cultures may seem like an odd source of fashion inspiration, but the film’s flowing, retro-futuristic costume designs have already proven inspirational. The same is true of the avant-garde outfits worn by the movie’s cast on the red carpet. Fashion...
Macy's is closing 150 stores in the next few years and The RealReal reached profitability by cutting costs, reflecting a trend in fashion where reining in costs becomes the clearest path to profits.
As seen on both the runways and the streets, it was clear that nudity is back. Celebrities and models alike sported a preponderance of sheer clothing, skin-baring garments, and sometimes fully exposed private parts. The trend toward nudity reflects both the return of ’90s-era fashion trends — when risque looks, low-rise...