Fashion Briefing: New acquisitions spotlight retailers’ ‘tastemaker’ ambitions Luxury retailers are struggling to differentiate, as brands increasingly expand to more sales channels to meet customers where they are. At the same time, they’re realizing the limits of strategies like winning customers by outspending competitors on digital ads. Seeking stability, many have become more open to the ideas of...
Week in Review: LVMH invests in lab-grown diamonds, Christie’s embraces sneakers and crypto crashes This week, LVMH Ventures invests in lab-grown diamond company Lusix; Christie's makes its play for sneakers and streetwear sales official; and the prices of crypto coins plummet, as more fashion companies announce they're accepting crypto payments.
Fashion Briefing: The new luxury customer acquisition playbook At Glossy’s Fashion & Luxury Summit this week, brand and retailer executives taking part in town-hall, working-group and fireside-chat discussions were keen to compare notes on courting ultra-high-spend customers. How to gain this customer’s awareness, cater to their habits and win their loyalty were among the event’s hottest topics.
Fashion Briefing: It’s moving day for brands rethinking the purpose of the store As e-commerce booms, stores merely serving as points of sale are losing their luster. So fashion brands, looking to better engage customers by telling a more complete brand story, are fleeing existing stores in favor of new spaces — sometimes across the street.
‘Plus is a team sport’: Dia & Co. acquires 11 Honoré in aim to be the go-to retailer for plus-size apparel Brands have struggled to become a fashion source for women wearing clothing beyond size 12. Now, two retailers that have built out the plus-size category with big-name brands are merging, becoming a one-stop shop.
Hollister Co. Head of Global Brand Marketing Strategy Jacee Scoular: 2022 Top Marketer In Glossy’s inaugural list of the most impactful marketers in beauty and fashion, we’ve spotlighted the executives moving the needle on creativity, carving out new avenues for messaging, and of course, driving sales.
Pacsun President Brieane Olson: 2022 Top Marketer In Glossy’s inaugural list of the most impactful marketers in beauty and fashion, we’ve spotlighted the executives moving the needle on creativity, carving out new avenues for messaging, and of course, driving sales.
Fashion Briefing: New acquisitions of pandemic-hot U.S. brands poise Europe for fashion dominance While many fashion brands failed to weather the pandemic storm of the last two-plus years, industry giants with stronger infrastructures, immediately available resources and, therefore, more stability have been able to take advantage of opportunities and strengthen their footholds on their respective markets. Along with pouncing on prime real estate...
Fashion Briefing: ‘Recession-proof’ luxury fashion is gaining traction as an investment opportunity The popularity of NFTs has opened the door to more opportunities for young consumers to invest in big-ticket fashion products.