This week, we discuss Uniqlo’s $20 shoulder bag topping The Lyst Index, David’s Bridal going bankrupt and Express purchasing Bonobos.

Coming out of a chaotic few years in which the kinds of events people rent clothes for were all canceled, fashion rental companies are bracing for a potential economic crisis. Over the last month, major fashion rental companies have instituted a number of new changes to keep up with the...

It’s no secret that marketing budgets are shrinking across the industry. More than 30% of advertisers are planning to reduce their ad spend in 2023 as an economic downturn looms and brands look to cut spending wherever they can.

While resale has had a boom year, rental is having a tougher time. Rent the Runway’s recent financial outlook provides a good example of what’s going on in the sector. Read on to for more on rental, plus details on Boohoo’s recent class action lawsuit, the prevalence of discounting this...

Fashion retail is in a perilous spot right now. The looming possibility of further economic decline and reduced consumer spending has retailers seeing flashbacks to the lowest point of the pandemic. Revenge spending in 2021 and 2022 plus pandemic savings that gave some consumers excess disposable income helped. But now...

This week, we take a look at LVMH’s earnings, including the sharp return of luxury spending in China. We also talk about the possibility of a slowdown in spending on luxury watches and the details of the Lacoste x Netflix partnership.

While much of the excitement in circular fashion these days is in brand-owned resale, vintage fashion — loosely defined as clothes that are 20-100 years old — is another massive market. According to an Etsy spokesperson, someone searches for vintage fashion once every 10 seconds on the platform.

Now about six months into the Fran Club’s life, Francesca’s CMO Jann Parish said the program has been a success. Parish said a non-member typically makes between three and seven visits to a Francesca’s store per year, while Fran Club members visit around 12 times a year.

Publicly traded luxury companies like LVMH and Hermès are flying higher than ever, but their non-luxury counterparts are struggling. Read more below, along with analyses of Inditex abandoning its Russian business and Zegna’s plans for the future.