With Grailed acquisition, Goat attempts peer-to-peer resale Goat is a consignment reseller where customers send their product off to the Goat team who verifies, authenticates and sells it to buyers. Grailed, meanwhile, is peer-to-peer. Customers buy and sell their products directly to each other, facilitated by Grailed’s marketplace. By acquiring Grailed, Goat will now be one of...
Week in Review: LVMH earnings, Thom Browne at the CFDA, Farfetch’s Fashion Concierge service This week, a look at LVMH's earnings and the resilience of the luxury fashion sector to changes in the economy, and Thom Browne taking over as chairman of the CFDA. Plus, a breakdown of Farfetch's concierge service and ways retailers are catering to the lucrative — and secretive — ultra-wealthy customer...
In a tight labor market, fashion brands are shortening their hiring and recruiting processes Fashion and beauty brands both have had to rethink the way they recruit, interview and ultimately hire employees in response to a labor market that’s given employees more leverage. Many of the new tactics brands are employing revolve around shortening the time between recruiting and hiring.
After years of sneaker dominance, loafers and dress shoes are making a comeback As the stuffiest of corporate offices are full of Allbirds, Nikes and Vejas, loafers and dress shoes are making a comeback. Some of the biggest men’s fashion influencers, including Justin Livingston and Phil Cohen, have started to slip loafers and thick-soled dress shoes into their usual rotation of sneakers, and...
Hiring, discounting and marketing advice from the Glossy Executive Roundtable On October 6, Glossy hosted its first member-exclusive Executive Roundtable at CSTM Haus in Manhattan, bringing together dozens of executive leaders from fashion brands, beauty brands, retailers and agencies. The discussion was lively, specifically focusing on challenges facing our industries and suggestions and strategies for navigating them.
Weekend Briefing: Inflation is making resale an appealing off-price alternative The reasons for resale’s growth are myriad. In my discussions with various resale platforms, there’s lots of talk about the sustainable benefit of shopping secondhand and the thrill of treasure-hunting. All true, in my opinion, but the biggest reason for resale’s appeal is also the simplest: it’s cheaper.
Week in Review: Inside all the drama at Paris Fashion Week On this week's episode, we take a look at all the dramatic news that came out of a very packed Paris Fashion Week, including the Bella Hadid spray-on dress at the Coperni show and Kanye West's controversial "White Lives Matter" shirts.
As Kanye West alienates fans and collaborators alike, will his brand survive? West’s rhetoric has drawn criticism before, but it has always been outweighed by the success of his fashion lines. Months before the end of his partnership with Gap, his threats against ex-wife Kim Kardashian and her then-boyfriend Pete Davidson drew accusations of misogyny and stalking. Meanwhile, his partners Adidas and...
Inside Dôen’s flash sale approach to resale As the fashion resale renaissance has continued, fashion brands are increasingly interested in bringing resale in-house. Usually, that takes the form of a peer-to-peer model and a dedicated section of the website. But California-based premium fashion brand Doen is taking a different approach, recruiting a resale expert from Patagonia to...