As a decade-long build-up of bargain shopping culture is exacerbated by a rise in anti-consumerism, a glut in inventory and cash-strapped consumers looking to trade down or turn to off-price channels, brands must find inventive ways to reestablish value, says The Business of Fashion and McKinsey’s Coronavirus Update to The State of Fashion 2020.
The luxury industry’s habit of destroying end-of-season leftovers is under threat, thanks to a consumer backlash and increasing government regulations. BoF uncovers the best solutions.
After confirming plans for a private-label business in 2017, Yoox is getting closer to launching own-label women’s, men’s and accessories after posting a number of job openings.
Which burning topic in the fashion industry deserves a 10,000-word long-read feature?
What does the future hold for Yoox Net-a-Porter? Will the merger succeed? And now that Massenet has exited the business, what will she do next?