After years of slow and steady growth, 2021 marked a turning point for Vuori: It tripled its revenue in the last 12 months, and in October, it received a $400 million investment from Japanese holding company SoftBank.
Within five years of launching, sneaker resale platform GOAT has become one of the biggest companies in the streetwear world. This year, Eddy Lu shepherded the company through an immense growth phase, doubling its valuation to $3.7 billion.
Hillary Taymour was at the forefront of the fashion world’s embrace of all things digital, including gaming and the metaverse. This year, she followed up Collina Strada's video game developed for Gucci’s Guccifest in November 2020 with more metaverse collaborations.
Allbirds has stood out as a respected leader in sustainable fashion. According to Hana Kajimura, the brand’s secret is simple: Walk the walk and be transparent. This year, she introduced its "Flight Plan" to cut its per-unit carbon footprint.
On Tuesday, the company announced a $50 million Series A investment, marking its first official round of funding following a $14 million raise prior to its 2018 launch. The investment is led by Insight Partners, an investor in Shopify and Twitter, with additional participation from Founders Fund, Basis Set Ventures,...
According to a statement released across LVMH’s social channels on Sunday, Abloh, who was the artistic director of menswear at Louis Vuitton and founder and CEO of streetwear label Off-White, passed away on Sunday following a years-long battle with cancer. In response, fashion insiders and fans flooded social platforms with...
According to CEO Erin Moennich, the Mall of America store is part of the brand’s big retail experiment to see if it can use physical stores to drive the same customer acquisition that’s becoming increasingly expensive online. While the Houston store opened in Draper James’ largest market for online sales,...
Appropriately, an increasing number of brands and retailers are looking for alternative ways to approach Black Friday, beyond the standard day, weekend or week-long sale. Some brands are extending Black Friday deals throughout the entire month, some are releasing new product instead of discounting, and some are sitting out of...
In the last two months, a number of new brands and retailers have adopted Afterpay in anticipation of holiday shopping. They include Nordstrom, Aldo, Alo Yoga, J. Crew, Madewell, Morphe, Le Creuset, American Eagle and Aerie.