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.
More than two years after the pandemic began an e-commerce revolution, many brands are turning back to wholesale again. After a turbulent 2020, brand-retailer relationship has transformed, with both stores and the brands they stock more open to collaboration and compromise. Retailers are also seeking out new brands to lure customers back after a slowdown in e-commerce sales.
“There is a noted enthusiasm for returning to omnichannel selling, and I think wider distribution is sort of in physical channels,” says Brian Murphy, co-founder of Loeffler Randall.
On the latest edition of BoF LIVE, BoF’s Cathaleen Chen is joined by industry insiders Murphy and Domokos Szabó, group wholesale director at venture capital firm Vanguards, to unpack the new relationship terms between vendor and brands navigating wholesale.
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.
The company has continued to struggle with growing “at scale” and issued a warning in February that revenue may not start increasing again until the fourth quarter.