The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
THE CHEAT SHEET
A Requiem for Cyber Monday
Macy's Christmas window 2015 | Photo: Diane Bondareff for Macy's
PVH Corp. Wants Another Acquisition. What Should They Buy?
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Actor Noah Centineo for Calvin Klein | Source: Courtesy
The Bottom Line: PVH needs to demonstrate it has a plan for its current portfolio of brands before buying another one. Calvin Klein in particular is struggling, with sales down sharply in North America and a Moncler Genius-style collaboration strategy apparently discontinued.
The Fascination With Vintage Fashion
A Cristobal Balenciaga dress from 1961 | Source: The Metropolitan Museum of Art
Fashion's current mania for nostalgia is changing the formerly sleepy market for vintage apparel. The Met's Costume Institute may in the past have competed for a collection such as Schreier's with a handful of fashion museums and private collectors. Now, collectors have their choice of institutions, auction houses, resale sites, high-end vintage stores and more, all catering to an increasingly global and demographic-spanning audience. It's not just early Saint Laurent or classic Chanel that's sparking bidding wars, either. The mania for all things '90s and early '00s, not to mention the rise of streetwear, has created a thriving market for much newer pieces.
The Bottom Line: As BoF's Chavie Lieber explored last week, the action is also rapidly moving online thanks to sites like 1stdibs and The RealReal. Even Sotheby's holds regular online fashion auctions these days.
SUNDAY READING
Professional Exclusives You May Have Missed:
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The company, under siege from Arkhouse Management Co. and Brigade Capital Management, doesn’t need the activists when it can be its own, writes Andrea Felsted.
As the German sportswear giant taps surging demand for its Samba and Gazelle sneakers, it’s also taking steps to spread its bets ahead of peak interest.
A profitable, multi-trillion dollar fashion industry populated with brands that generate minimal economic and environmental waste is within our reach, argues Lawrence Lenihan.
RFID technology has made self-checkout far more efficient than traditional scanning kiosks at retailers like Zara and Uniqlo, but the industry at large hesitates to fully embrace the innovation over concerns of theft and customer engagement.