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How Bergdorf Goodman Will Revolutionize Luxury Shopping For The Digital Age

Since Neiman Marcus Group (NMG) was forced during its bankruptcy proceedings to close its first and only Neiman Marcus store in Hudson Yards in 2020, Bergdorf Goodman became NMG’s sole bastion in the city.Early on, rumors circulated that NMG might offload Bergdorf Goodman too, but those were quickly put to rest as NMG recommitted to […]

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LVMH Ventures-Backed Madhappy Expands Its Business And Mission

Madhappy, the LVMH Ventures-backed fashion company, is blazing a trail for what a 21st-century brand can be and, more importantly, what it can do: make the world a better place one fashion piece at a time.Founded in 2017 by Peiman Raf, his brother Noah, Mason Spector and Joshua Sitt, Madhappy came from the recognition that […]

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Resale Threatens to Disrupt the Fashion Industry. ThredUp Gives Brands an Antidote.

The fashion industry’s business model is one based upon planned obsolescence. Each season thousands of fashion brands introduce whole new collections, and major shifts in fashion trends come along predictably every five to seven years, all intended to stimulate a slew of new fashion purchases.But people and the planet pay a heavy price for indulging […]

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Canada Goose Breaks Records This Winter As It Plans To Be a Brand For All-Seasons

As an outerwear brand that promises to protect its wearers against the worst that winter can throw at it, Canada Goose Holdings just reported it’s weathered the worst of the Covid pandemic and come out stronger.Boosted by third quarter 2022 revenues up 26.5% over previous year, Canada Goose is on track to exceed C$1 billion […]

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Demand for Secondhand Luxury Is Booming and The RealReal Lit the Fuse

When Prince Charles hosted the recent G-20 event on climate change and the private sector, Julie Wainwright, founder and CEO of The RealReal, was asked to participate in a fashion and sustainability working group. HRH didn’t make the call, but no matter, it was a honor to be so honored.That put the noses out of […]

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