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.
The needs, desires and intentions of consumers have become important pieces of legislation in the false democracy of fashion, evolving at dizzying speeds and enlisting an army of fools.
As materials, transportation and labour costs rise, putting pressure on margins, producers of fast fashion face growing challenges that only some will survive.
Today, to coincide with the release of a major investigative report by Greenpeace International, Toxic Threads: The Big Fashion Stitch-Up, guest contributor Tommy Crawford, strategic communications manager at Greenpeace, highlights the dangers of the toxic chemicals contained in the clothing we wear and urges action. BEIJING, China — Nobody wants to be a fashion victim. Desperately chasing the ever-elusive ‘cool,’ fashion victims