Why investment pieces are selling Luxury shoppers are shopping sales, but they’re also not letting the absence of a discount stop them from buying something they can look forward to wearing, repeatedly.
Fashion brands weigh the timing of launches: ‘Selling a handful is better than none’ This week, several founders of established brands told me they’re running with category expansions, where logistically possible, with the hope of capturing steadfast shoppers looking for newness in a market that’s lacking. Owners of yet-to-launch companies, on the other hand, said they’re holding out for some semblance of a new...
Who do you cut? How decision-makers are strategizing around company needs Fashion company leaders are being forced to make tough, smart decisions, and when it comes to employees, that means prioritizing those best equipped to help save the business. Following furloughs and layoffs, they’re leaning on pinch-hitters, who can pick up where others have dropped off.
‘Back to basics’: How DTC fashion brands are streamlining their businesses to get by DTC businesses in survival mode are streamlining down to skeleton companies: They're downsizing merchandise, slashing prices and cutting staff, particularly employees least equipped to pinch-hit.
‘Reset the U.S. fashion industry’: Why the vicious cycle of markdowns is set to expire The regular promotions schedule that has long plagued fashion, and that U.S. consumers have come to expect, may be coming to an end. The reason: Among Coronavirus’ impacts on the industry is that the culprits -- off-season merchandise and an overabundance of product -- are set to fall off in...
You’re invited: Apply to join the Glossy Research Panel Glossy Research Panelists get exclusive access to fashion and beauty industry insights and analysis, in exchange for participating in short, anonymous surveys on timely topics and issues that are challenging the current landscape.
‘Gobbled us up and spit us out’: Canceled orders shed light on retailers’ power When the major U.S department stores closed their doors to stop the spread of coronavirus, they subsequently stopped accepting shipments of products they’d ordered from the brands they sell. That was regardless of whether the pieces were ordered to be sold at stores or through e-commerce. For brands, the move not...
‘The end of fashion as we knew it’: The new state of the seasonal trade show Cancellation announcements of entire fashion weeks and industry-mainstay trade shows rolled out one after another last week, hitting Paris Fashion Week Men’s, New York Fashion Week Men’s, Resort 2021 and Project, among others. But even prior, brands and retailers had already begun seeking out alternative platforms for presenting collections and...
Mall Rats: Gen-Z shoppers are rerouting the future of physical retail As “retail apocalypse” rumors continue to fly, teenagers are reviving shopping centers’ foot traffic. Among the draws are a social experience, immediate gratification, a personal branding opportunity and a much-needed break from their mobile phones.