Can EBay’s marketplace model, low barriers to entry and large, built-in audience of fashion consumers unlock value for young labels and EBay alike?
BoF editor-in-chief Imran Amed recaps the week in the business of fashion.
NEW YORK, United States — For nearly 20 years, eBay has been the dominant player in the market for vintage clothing and accessories. Now, a slew of start-ups are poised to disrupt the business of online fashion resale. The last quarter of 2012 saw a veritable avalanche of activity in the space, including the launch of no fewer than five notable online vintage sites: Byronesque, Bib and Tuck and Nifty Thrifty in October; Vaunte and
Nasty Gal clothing company — as red-hot as its founder’s lipstick (LA Times) “After securing a $9-million investment in January from Index Ventures, which has also backed Facebook and Etsy, Nasty Gal just scored an additional $40 million from the venture capital firm.” Alber Elbaz (WSJ Magazine) “Alber Elbaz is a rare bird in a business oft dominated by ego and drama. Humble, funny and all about the work,
The Art and Science of Valuing Vintage (Insight & Analysis) Falling under the spell of a beautiful dress, a gorgeous pair of shoes or a well-crafted handbag is no strange feeling for followers of fashion. Falling in love with a piece that was first worn 30 years ago and has been waiting, it seems, just for you to discover it, is all the more rare. The Creative Class | Natalie Joos (The Creative Class) “Casting agents are
LONDON, United Kingdom — It wasn’t so long ago that many technology analysts made bold predictions on the potential of so-called ‘F-commerce,’ the practice of using Facebook as a direct sales channel. Some even speculated that transactions conducted on Facebook, the world’s most visited website, could threaten e-commerce giant Amazon. But, thus far, selling directly on Facebook has failed to take off. Indeed, in the