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.
The Paris grand magasin restored a space connecting its 7th floor terrace to its iconic glass dome, replacing offices with a 650 square-meter vintage and secondhand luxury department curated by Vestiaire Collective’s former head of vintage Marie Blanchet.
The space will include a buyback program where clients can sell items for store credit, and is the biggest-ever space to be dedicated to secondhand fashion in a department store, Printemps said.
The launch of resale comes as Printemps aims to boost its environmental engagements more broadly, rolling out a scoring and labelling system to highlight more sustainable products. The glass dome adjoining the resale space is becoming a concept store dedicated to pop-up shops for circular concepts, while its prime ground-floor atrium space will host an activation from Chloé to highlight new sustainability commitments including a push to become certified as a B-corporation by the end of the year.
Learn more:
The Future of Fashion Resale Report — BoF Insights
BoF’s definitive guide to fashion resale, covering the evolution of the market, its growth and upside, consumer behaviours and recommendations for crafting a data-driven resale strategy.
The companies agreed to cap credit-card swipe fees in one of the most significant antitrust settlements ever, following a legal fight that spanned almost two decades.
In an era of austerity on Wall Street, apparel businesses are more likely to be valued on their profits rather than sales, which usually means lower payouts for founders and investors. That is, if they can find a buyer in the first place.
The fast fashion giant occupies a shrinking middle ground between Shein and Zara. New CEO Daniel Ervér can lay out the path forward when the company reports quarterly results this week.
The performance coach and Allbirds’ co-founder discuss the transformative power of togetherness in fostering a culture of excellence.