Since the height of the pandemic, the brand has been in growth mode. For example, it has opened its first two stores, entered new product categories and expanded its headquarters to accommodate a growing team. It’s also tripled the size of the business.
Gab Waller is among a growing pool of luxury sourcing businesses and retail services that have emerged since the dawn of Instagram. Trading in convenience, speed and next-level customer service, the largely-social-media-based businesses are often fallback plans when a Google search falls short. Their offerings and processes reflect the state...
This week, we discuss the highlights and surprises of the CFDA’s preliminary official New York Fashion Week schedule for fall 2024. We also talk about Rent the Runway’s latest round of layoffs, which impacted 10% of its corporate employees, and the fashion brands that ruled the Golden Globes red carpet.
In 2015, Rob Ronen and Michael Herman co-founded Material Good, a retailer specializing in fine jewelry and rare timepieces that first opened in New York City's Soho neighborhood. They had no backers — and still own 100% of the business — but they had years of experience working for Audemars...
A new wave of retail companies is attempting to prove that today's winning retail formula is a shared space providing multiple services that is laser-focused on one consumer category.
2023 was a big year for Harlem’s Fashion Row, the agency that launched in 2007 to connect brands and designers of color. To start, the company partnered with H&M, Tommy Hilfiger, Nordstrom, and Abercrombie & Fitch; launched the combined e-commerce site and Black and Latinx designer directory, HFR & Co.;...
On Thursday morning, off-price fashion e-tailer Otrium announced the closure of its 2-year-old U.S. operations. The deal at the center of the move puts more ownership of the off-price premium fashion market in the hands of Simon Property Group.
Colm Dillane wants to be the Andy Warhol of our time. Based on his accomplishments this year alone, the 32-year-old designer behind the 13-year-old KidSuper brand is bordering on icon status. In January, as Louis Vuitton’s first and only guest designer to date, he showed his fall 2023 menswear collection...
When John Koryl joined luxury resale platform The RealReal as CEO in February, he hit the ground running. And eight months later, the company’s investor trust was restored. In early November, The RealReal reported its third-quarter earnings for the period ending on September 30, revealing both revenue and profit that...