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Everlane Tysons Corner - Guillermo Cano

Invigorated By New Leadership, Everlane Continues To Disrupt The Fashion Industry

The direct-to-consumer fashion brand Everlane made a big splash upon its founding in 2010 by Michael Preysman. It introduced the idea of “radical transparency” in pricing for fashion basics with a commitment to ethical business practices for people and the planet. Preysman was named to Forbes’ 30 under 30 class of 2015 and honored as […]

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How Crate & Barrel Is Prepared For The Drop In Home Furnishing Demand

Everyone in the home market knew this day was coming. After furniture and home furnishings retailers enjoyed a nearly 20% two-year growth spurt from $120.3 billion in 2019 to $140.6 billion in 2021, things were destined to change. Retailers held onto their gains in 2022, even boosted them to $141.3 billion, but now the tide […]

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Aspirational Consumers Pull Back, Driving Down Luxury Leaders’ U.S. Sales

The leading global luxury brands showed topline gains for the first half of the year, despite a drop in sales in the U.S., where aspirational consumers are stretched thin and have cut back on indulgent purchases. In most recent reporting, all but Kering showed outstanding topline gains – LVMH was up 15% to $46.5 billion […]

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