In the Internet Age, fashion consumers increasingly know what they want long before they visit retailers, undermining the traditional role of department stores and boutiques as curators of style, argues Eugene Rabkin.
Online innovators are building universal checkouts that let consumers buy products from multiple brands and retailers, all in one place.
In recent years, we’ve seen a veritable renaissance in online fashion retail, with venture money pouring into fashion e-commerce companies with a wide range of models. In the first of a series of articles on the current state of fashion e-commerce, sponsored by e-commerce software and platform solutions company Magento, BoF examines some of the models getting the most traction.
In fashion e-commerce, those who adopt ‘net native’ business models will rise to the top, says Lyst founder Chris Morton.
Marvin S. Traub, Impresario of Bloomingdale’s, Dies at 87 (NY Times) “One of the most creative retailers of his era, Mr. Traub made Bloomingdale’s synonymous with luxury, introduced many of the world’s best-known clothing designers and created a national chain that acquired a reputation for status-conscious merchandising and chic interior moods that dazzled the eye.” Lyst Picks Up $5M, Now Lists DFJ Esprit As Backer
NEW YORK, United States — The history of the internet is a story of two counter-balancing forces: the explosive growth of information and the rise of new systems that help us sift and make sense of this information. Back in the early 1990s, human editors at companies like Yahoo! compiled curated lists and directories of useful information. As the rising volume of information overwhelmed these human filters, hand-curation gave way