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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 […]

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Boot Barn Will Nearly Double Its Footprint, Spurred On by “Yellowstone” Cowboy Chic

As a retailer known for rodeo wear, Boot Barn Holdings has been wrangling in its own Wall Street rodeo, trying to ride the current bull market. That chute opened at the end of March 2020, when Boot Barn was trading around $12 to $13 per share. Now it’s trading around $100. It’s had an amazing […]

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Patagonia Puts Its People Over Profits and Closes Between Christmas and New Year

Patagonia, the outdoor clothing and gear brand, has always marched to its own drummer. From its “Don’t Buy This Jacket” ad in the New York Times, using Black Friday sales not to line its pockets but to give back to environmental causes, and its self-imposed “Earth tax” which donates 1% of all sales to environmental […]

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Covid Pandemic Was a Shot in the Arm for Online Luxury Fashion Brands, like Farfetch

When life as we know it came to a stop due to the pandemic, fashion retail, which was already challenged before the pandemic, became one of the hardest hit sectors. Many people didn’t have to report to work, so buying new clothes was put on hold, except for casual comfort wear suited to a stay-at-home […]

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Ralph Lauren Polo

Three Years Into Its Turnaround Plan, Ralph Lauren Takes a Big Step Backwards

Almost exactly three years ago, Ralph Lauren Corp’s CEO Patrice Louvet announced an ambitious strategic growth plan, called “Next Great Chapter.” Two years in, it showed modest success, then Covid hit and the bottom fell out. Now the company’s revenues are at levels passed by in 2007. Ralph Lauren faces a long steep climb back […]

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