With Omicron surging in Europe, Italian-made brands are seeing new product delays Italy is responsible for a large amount of high-end fashion production, home to more than 14,000 textile manufacturers that together produce products worth $42 billion in value each year. With Omicron cases surging and the booster shot only just becoming available to locals at the beginning of December, brands have...
‘A cultural shift’: Luxury e-tailer Toward limits customer orders as a sustainability play On Monday Toward, a sustainability-focused online luxury retailer that launched in August 2021, introduced its own take on an educational sustainability initiative, in the form of an opt-in order limit. Customers, if they so choose, can have their annual number of orders limited to 12.
As Omicron forces more fashion show cancelations, NYFW designers weigh alternative formats In the last week, several major companies have canceled high-profile fashion shows that were planned for the month of January. More cancelations are rumored to be coming, all thanks to the uncertainty created by the spread of the Omicron variant.
The Omicron variant surge has thrown a wrench in retail’s recovery At the end of 2021, the U.S. surpassed 2 million new cases in one week for the first time, and cases continue to spread across North America. Some stores have temporarily closed, while others have limited their hours or instituted capacity restrictions to help stop the spread. Meanwhile, others that...
In 2021, brands finally went all in on resale 2021 was the year when crossovers between retail and resale finally took off. Resale platforms received hundreds of millions of dollars in investment from Kering and SoftBank, among others, and dozens of mainstream brands and retailers from Madewell to Farfetch launched their own resale programs.
Year in Review Podcast: Resale dominated, fashion went into the metaverse and unexpected collaborations abounded In a special edition of the Glossy Podcast, Danny Parisi, senior fashion reporter, and Jill Manoff, editor-in-chief, review the year in fashion news.
In 2021, fashion further distanced itself from fur Undeniably there’s been a strong push in recent years, especially from younger consumers, for brands to live up to the values shared by their consumers. This has meant led to more brands prioritizing the production of ethically made and sustainable products, being outspoken about social issues, and avoiding the use...
The pandemic has been good for resale’s power sellers Azizi is a business himself, as a power seller who sells more than $1 million worth of merchandise through platforms like Grailed and StockX every year. With resale's huge boost since the pandemic began, sellers like Azizi are gaining new customers, more revenue and even traction with brands.
Beiersdorf’s Chantecaille acquisition fills a prestige-shaped hole in its portfolio For Beiersdorf, the acquisition fills a notable gap in its portfolio. While it owns many mid-range beauty and skin-care brands, it’s lacking in luxury brands, with only skin-care brand La Prairie among its luxe offerings. Chantecaille is a prestige brand with a higher price range -- its lifting masks go...