Last week, Amazon announced a new feature in its mobile app meant to mimic the interface of TikTok, making it the latest of many platforms aiming to copy TikTok’s success. Elsewhere, excess inventory is causing headaches for big retailers, and Wolverine World Wide is giving up on Keds.
This week, a look at risky but rewarding watch trade on Reddit, as well as a review of 2022's biggest news in sneaker resale.
This week, Stitch Fix reported below-expected revenues, possibly indicating a flaw in its recommendation-based business model. Elsewhere, Jordan Brand is getting its first flagship as Nike tests letting the sub-brand stand on its own, and new funding in the brand-owned resale world signals a changing secondhand landscape.
As Rolex begins to certify second-hand watches for sale through its authorized dealers, like the watch retailer Bucherer, the third-party platforms may see some of their most lucrative business taken away.
More than 60% of U.S. brands and retailers have changed their return strategy or policies this year.
Last week, layoffs came to fashion, the economic outlook continued to look bleak, American designer Tremaine Emory announced a partnership with Dior, and Kanye West sealed his fate.
This week, layoffs hit H&M as the company sees rising costs, and Savage x Fenty settled a consumer protection lawsuit centered on misleading its members about payments. Also, a deep dive into the Balenciaga controversy and what it means for the future of the brand.
To bring in the luxury customer, eBay has introduced a number of features and made a big marketing push, including bringing in big-name influencers and creating a dedicated social presence for eBay’s luxury initiatives.
On their own, each ad is strange, but both being released so close together caused an uproar that led the brand to pull both campaigns, sue the agency, lose out on awards and issue multiple statements. Here’s a breakdown of how it happened and what it means for Balenciaga’s future.