John Koryl, The RealReal | Glossy 50 2023 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...
Jennifer Wong, Aritzia | Glossy 50 2023 Vancouver-based Aritzia has recently experienced exceptional growth, going from $857 million in the fiscal year ending in February 2021 to $2.3 billion in sales three years later. Fueling that success has been the company’s increased prowess in digital channels, expansion in the U.S. and organic virality on TikTok, where #aritzia...
Eyewear brand founder Garrett Leight: A recession is ‘a great time’ to start a business Garrett Leight grew up in the eyewear industry. The founder of the 13-year-old, Venice Beach-based eyewear brand Garrett Leight California Optical is also the son of Larry Leight, founder of eyewear brand Oliver Peoples. So it’s no surprise that his eyewear brand has seen significant success.
Luxury Briefing: A touring shopping center is bringing Tiffany & Co. to luxury-deprived cities Kicking off this month in Raleigh, North Carolina, Bal Harbour Shops’ Access Pop-Up is a first-of-its-kind pop-up mall making eight-week stops in cities underserved by the luxury market. In late January, it will head to Greenville, South Carolina, before making stops in Floria’s Tequesta and South Walton County. Among the...
La Ligne CEO Molly Howard on building a ‘healthy, profitable, sustainable business’ On this week's episode of the Glossy Podcast, Howard discusses La Ligne’s modern approaches to the DTC model and marketing, and the way it’s prioritizing profitability while also rolling out stores.
The future of Brunello Cucinelli is biker jackets, tank tops and Gen Z-approved denim Brunello Cucinelli’s new capsule collection targets younger shoppers and provides a glimpse at the future of the quiet luxury brand.
Hervé Léger’s Melissa Lefere-Cobb and Michelle Ochs on reviving the brand with ‘product, price and PR’ Today, thanks in large part to the fresh eye that Michelle Ochs is bringing to its collections, Hervé Léger is much more than body-con minidresses — and it’s in growth mode. Together, Melissa LeFere-Cobb and Ochs are setting plans for product category and international expansion as they build toward the...
Luxury Briefing: Greater retail productivity and dwell time are fashion’s new targets As the success of luxury fashion brands becomes more fragmented, brand leaders are placing new focus on the in-store experience. Retail productivity and dwell time are among key performance indicators, while building stronger connections with customers is the main goal.
Luxury Briefing: Brands are competing on outerwear by updating the classics Traditionally, luxury outerwear has driven big business for luxury brands and retailers in the fourth quarter. But with luxury spending proving less predictable, temperatures remaining tame and longtime outerwear leaders falling out of favor, the success of the category this year is less certain. Fashion companies are answering the challenge...