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 British department store is expanding a service it first introduced in-store last year in partnership with rental platform HURR Collective.
Selfridges Rental will launch online on May 7, giving shoppers access to a curated selection of new season womenswear, menswear and accessories available to rent for up to 20 days. The edit will include pieces from Jacquemus, Ganni, Off-White and Dries van Noten; prices for a four-day rental will begin at £20 (around $28).
The move comes as lockdown restrictions in the UK ease, with many retail analysts projecting an upsurge in demand for categories such as occasion wear, a core offering for most rental players. Selfridges partnered with HURR to launch in-store rental services last year as a part of Project Earth, its five-year sustainability plan that also included a pre-loved fashion selection, beauty packaging recycling and an in-store product repair concierge.
The British musician will collaborate with the Swiss brand on a collection of training apparel, and will serve as the face of their first collection to be released in August.
Designer brands including Gucci and Anya Hindmarch have been left millions of pounds out of pocket and some customers will not get refunds after the online fashion site collapsed owing more than £210m last month.
Antitrust enforcers said Tapestry’s acquisition of Capri would raise prices on handbags and accessories in the affordable luxury sector, harming consumers.
As a push to maximise sales of its popular Samba model starts to weigh on its desirability, the German sportswear giant is betting on other retro sneaker styles to tap surging demand for the 1980s ‘Terrace’ look. But fashion cycles come and go, cautions Andrea Felsted.