Luxury Briefing: Luxury resale is poised to receive billions in incentives from new legislation 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...
Matches Fashion’s shuttering doesn’t bode well for multibrand e-commerce 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...
Weekend Briefing: Fashion companies’ growth is increasingly hard to predict 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.
Week in Review: Paris Fashion Week recap, anti-fast-fashion legislation, Foot Locker’s poor showing 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.
Abercrombie & Fitch aims to build on hot streak with new bridal shop 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 ‘Dune: Part Two’ brutalist sci-fi aesthetic is sweeping fashion 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...
Weekend Briefing: Fashion companies are slashing costs and closing stores to reach profitability 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.
In Paris and Milan, celebrities and designers freed the nipple and embraced nudity 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...
Week in Review: Answers to listener questions about retail, TikTok and marketing This week, we have a special mailbag episode where we answer questions from our listeners. Topics include the future of bankruptcy and M&As among retail brands, the effects of TikTok on fashion, and the components of an effective marketing campaign.