Retail’s forever war on ‘friction’ At the National Retail Convention’s Big Show, an annual conference held this week at New York City’s Javits Center, many execs spoke of "friction" within the shopping experience, everything from lines in-store to lack of inventory to delivery times beyond same-day. The hope is by removing extra steps, retail players...
You can’t work with us: How the new, ultra-exclusive shared workspaces stack up A number of ultra-exclusive shared workspaces touting themselves as gathering spots and community hubs have sprung up. Here’s how they stack up.
Glossy Research: 44% of fashion and beauty workers are looking for a new job The fashion and beauty industries are losing their luster. That's the resounding message of a survey Glossy conducted with 62 workers in the industries across job levels and responsibilities. The results will be rolled out to Glossy+ members over the next four weeks.
The end of workwear: Clothes are just clothes, as work becomes a 24/7 pursuit As technology has led to work’s evolution from a 9-to-5 commitment to an always-on mentality, so, too, has the clothing people put on. Workwear has evolved so employees can simply travel without a costume change from their job to their leisure pursuit, home office to company headquarters, the airplane to...
As consumers grow accustomed to pop-up experiences, permanent stores are scrambling to evolve Retail’s lifeline is brands coming to the realization that stores lacking experiential components bring nothing to the table. To make their long-lease stores worth visiting as e-commerce picks up, they’re turning to the pop-up model which offers customers more than a transaction. The trend is putting new pressure on retailers...
Instagram will become a dominant DTC sales channel in 2020 As Instagram extends its shopping features to more companies, social-savvy direct-to-consumer brands -- many of which were born on the platform -- will no doubt take them and run. For consumers, the ability to shop their various go-to DTC brands within one app would eliminate the prior impracticality of bouncing...
‘There’s going to be a shakeup’: Investor Frederic Court on brand fundraising in 2020 Since 2010, Frederic Court has been building out an investment portfolio that now reads like a who’s who of industry leaders. Among included companies are luxury marketplace Farfetch and wellness empire Goop. Heading into 2020, Court shared his predictions for retail and explained why “a shakeup” is coming to brands...
Inside contemporary brand Ramy Brook’s growth strategy Contemporary fashion company Ramy Brook is in growth mode, currently focused on expanding its physical footprint, launching new product categories, growing its staff and entering new international markets. It’s a rare case in today’s volatile retail landscape, but particularly for a 10-year-old contemporary company. Ramy Brook, the company’s president and...
How Stitch Fix is strategizing to be its members’ sole fashion source Stitch Fix, which has started offering customers more freedom to style themselves, is leaning into the literal idea of giving them more of what they love -- like a dress they’ve bought in red, but in navy. It’s an age-old play at customer loyalty, and it’s working for the forward-thinking...