The 2021 wedding boom pushed more men to buy suits, versus rent The Knot estimates that there will be nearly half a million more weddings in 2022 than in 2019 – have pushed more towards buying. While many men typically rent suits for weddings or similar formal events, the flurry of weddings that have happened over the last year in quick succession has...
In its second NFT drop, Rebecca Minkoff is learning from the past What was once uncharted territory for fashion brands is now swiftly becoming a familiarity. While much of digital fashion’s future is still being mapped out, brands like Rebecca Minkoff, which began experimenting with the digital world last year, are learning from past NFT drops and figuring out what works best...
Week in Review: Alexander McQueen, Saks Off 5th and Abercrombie & Fitch On this week's episode, Alexander McQueen's mushroom-themed show didn't contain any actual mushroom leather, Saks Off 5th rebranded for a younger audience and Abercrombie & Fitch became the latest mall brand to chase after the booming activewear market.
Fewer deals, more brand recognition: Inside CEO Joanna McKenna’s plan to reshape Jane.com This week, Jane.com announced a new CEO, Joanna McKenna, who joined the company after years at Amazon and Johnson & Johnson. McKenna has her own vision for Jane and it starts with moving the company away from its focus on deals.
Fashion resale consolidation continues as Vestiaire Collective buys Tradesy The acquisition makes Vestiare Collective one of the widest-reaching resale companies with a combined audience of 23 million members globally. Vestiaire Collective traditionally focused on the European market, but in recent years has grown its U.S. presence by 75% per year.
MeUndies reverses course on NFTs after customer backlash After over a month of silence, the company spoke about its intentions with the NFT on March 10, announcing its decision to step back from the NFT space. On the MeUndies subreddit, an open forum dedicated to the brand, the official MeUndies account posted a lengthy statement titled “An Update...
The same-day shipping revolution has come to DTC brands Faster shipping times have increasingly become the norm, pushed by fast fashion companies like Asos, even as supply chain disruptions have caused massive delays. Now, several fashion brands are taking the race toward faster shipping to its logical endpoint: same-day delivery.
How J.Jill is winning over Gen X J.Jill’s target audience is also a bit older than that of comparable brands, centered on 45- to 60-year-olds. According to svp Elliot Staples, despite being an influential force in fashion, women in this age group are surprisingly underserved by much of designer fashion, which often feels like it’s designed exclusively...
Investors are still pouring tens of millions into sneaker e-commerce startups In the last month, investors have put more than $10 million into young sneaker e-commerce companies, including Kyx World and Kicks Crew. Although mainstays like StockX and GOAT have raised hundreds of millions and are now billion-dollar companies, sneaker startups are continuing to drive investor interest and confidence.