Lawrence Lenihan, managing director of FirstMark Capital, argues that the Internet provides a new model for building fashion businesses based on passionate and intimate relationships with consumers, but the maximum market size for these companies is inherently capped, something that overcapitalised entrepreneurs, and the investors who fund them, too often fail to recognise.
BoF’s editor-in-chief reports from Sydney, Australia, on a local fashion market that’s being radically reshaped by the arrival of global fast fashion chains and the meteoric growth of international e-tailers.
Fashion resale sites could follow the trajectory of online sample sales, from must-shop to bottom-feeder. But there’s an alternative.
Today, BoF columnist Susanna Lau, aka Susie Bubble, examines the work of Faustine Steinmetz, a young design talent on her highly attuned fashion radar.
BoF’s editor-in-chief reports from the Festival International de Mode et de Photographie à Hyères, where 28-year-old Finnish designer Satu Maaranen won this year’s fashion prize.