Weekend Briefing: Sephora canceled day 1 of Sephoria due to heavy rainfall Last week, rain and floods hammered NYC, causing Sephora to cancel day 1 of Sephoria 2023, Nike saw a return to growth in its DTC channel, and Figue rebranded.
With 95% of NFTs worthless, luxury fashion is finding other uses for web3 The past year has been a low point for the cryptocurrency and web3 sectors. A report from this month found that 95% of all NFTs are essentially worthless. The sell-off of defunct crypto exchange FTX’s assets is driving value down across cryptocurrencies like Bitcoin. Even major brands like Nike have...
Resale companies embrace faster shipping, streamlined returns In a growing category, resale companies are increasingly looking for ways to stay competitive. Most recently, that’s taking the form of logistical improvements that promise to improve experiences like shipping and returns.
Weekend Briefing: What happened to Champion? Last week, HanesBrands considered selling off Champion, H&M began charging for returns, and the Glossy Podcast covered Milan Fashion Week.
Themoirè’s Francesca Monaco on the evolution of sustainable fashion at Milan Fashion Week In this Fashion Month episode of the Glossy Podcast, we sit down with Francesca Monaco, the co-founder of the Milanese handbag and accessories brand Themoiré. Fresh off the brand’s show in Milan, Monaco spoke about how Themoirè uses its seasonal fashion shows to highlight the pillars of the brand, including...
Fashion Briefing: The quiet luxury trend comes to sneakers In the last year, quiet luxury has become a central talking point in high fashion as brands and consumers alike have embraced everything unbranded, understated and elegant. Brands like Ermenegildo Zegna and Loro Piana have surged in popularity, thanks to the growing demand for low-key fashion. Now, the quiet luxury...
Timex is the latest watch brand to take resale in-house Timex, which launched a program called Timex Rewound on Wednesday, is focusing on taking back old watches from consumers and either reselling them or upcycling them.
Rising rent prices and credit card debt force consumers to deprioritize fashion By and large, Americans are paying more for everyday goods than they were in previous years.
Weekend Briefing: Remembering Universal Standard’s Alex Waldman Under Waldman’s leadership, alongside her co-founder Polina Veksler, Universal Standard became one of the torchbearers for the size inclusive fashion movement.