The suit, filed in California against Hermès, alleges that the brand’s practices unfairly require customers to make multiple ancillary purchases to get to the product that they actually want, a Birkin bag. In doing so, the plaintiffs allege that Hermès has violated the Sherman Act, an antitrust law that forbids...

For brands trying to secure fundraising, many of the conversations with investors have proven difficult. On the one hand, it can be a good thing for the industry to support sustainable business models with clear profitability paths, rather than propping up unprofitable businesses for years with venture capital money. But...

For Gabrielle Union and Larry Sims, co-founders of the hair-care brand Flawless by Gabrielle Union, the most difficult thing of getting the brand off the ground was keeping their product in stock. In the first months or even years of a brand’s life, too much success can actually be a...

Last week, a number of bills aimed at curtailing the growth of Chinese companies like Shein and TikTok were passed or proposed across the U.S. and Europe, but it's unclear if those measures will be successful or popular.

On this week's Glossy Week in Review podcast, senior fashion reporter Danny Parisi and special guest co-host Sarah Ball, editor-in-chief of Wall Street Journal Magazine, discuss the consolidation in fashion, including the potential acquisitions by Tapestry of Capri Holdings and by LVMH of Paris Match. Later, they talk about the...

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.