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:
ADVERTISEMENT
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.
Nordstrom, Tod’s and L’Occitane are all pushing for privatisation. Ultimately, their fate will not be determined by whether they are under the scrutiny of public investors.
The company is in talks with potential investors after filing for insolvency in Europe and closing its US stores. Insiders say efforts to restore the brand to its 1980s heyday clashed with its owners’ desire to quickly juice sales in order to attract a buyer.
The humble trainer, once the reserve of football fans, Britpop kids and the odd skateboarder, has become as ubiquitous as battered Converse All Stars in the 00s indie sleaze years.
Manhattanites had little love for the $25 billion megaproject when it opened five years ago (the pandemic lockdowns didn't help, either). But a constantly shifting mix of stores, restaurants and experiences is now drawing large numbers of both locals and tourists.