Ralph Lauren Company CEO Patrice Louvet and his executive team took to the stage recently in RL’s first investor presentation since 2018. Four years in the making, it was a big event lasting some four hours and backed up by a nearly 200-page presentation. The bulk of the time and pages were devoted to the […]
Archive | Fashion
RSS feed for this sectionResale 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 […]
Farfetch Aims to Become the ‘Amazon’ of Luxury as it Invests in Neiman Marcus
Back in 2007, José Neves saw online e-commerce was the inevitable future of the luxury market. He set out to make the most of it and founded Farfetch as a global marketplace for brick-and-mortar fashion boutiques to expand in the nascent e-commerce channel. At the time, the powers that be in luxury were not convinced, […]
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 […]
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 […]