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.
Fashion resale sites could follow the trajectory of online sample sales, from must-shop to bottom-feeder. But there’s an alternative.
Brooke Taylor of Aganovich, an emerging label that manufactures in France, surfaces the challenges that lie at the heart of the current ‘Made in France’ product labelling system and says it’s time for a rethink.
It’s time for the global fashion industry to stop turning a blind eye to the lack of racial diversity on the runways, says op-ed contributor Demi Sinclair.
With the rise of shopable magazines and a new hybrid business model built around retail, advertising and newsstand sales, Jeremy Langmead, editor-in-chief of Mr Porter, argues that it’s time to dispense with the pretense of ‘church and state’ divisions between the commercial and editorial sides of a fashion media business.