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.
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Vestiaire Collective is one of the leaders in the fast-growing fashion resale segment. Earlier this year, in its latest round of funding, the luxury resale platform achieved a valuation of $1.7 billion.
Max Bittner, Vestiaire Collective’s chief executive, attributes this success to a number of factors, including ease of transactions, pandemic-driven closet clean-outs and shifting consumer values. But he also acknowledges the challenges that lie ahead as Vestiaire Collective scales, particularly when it comes to verifying the authenticity of products in the face of ever-more sophisticated counterfeits.
Bittner’s insights are featured in the fifth episode of The BoF Show, now streaming on Bloomberg Quicktake.
Here, we share the full interview with Bittner, exclusively on The BoF Podcast.
Watch the fifth episode of The BoF Show, “Resale: Inside the $130 Billion Secondhand Fashion Market”
Explore the new report from BoF Insights, “The Future of Fashion Resale” here.
For its latest apparel collection, the brand will cap prices on items the faster they sell. The idea is to make fashion more accessible — and future inventory easier to plan.
Vying for attention from increasingly sophisticated consumers impacted by the downturn, fashion brands and retailers need to deliver exceptional in-store experiences. To discover how store interior design is innovating to increase sales and community engagement, BoF sits down with Invisible Collection co-founder Isabelle Dubern-Mallevays.
Nike and On are dominating the sneaker category today thanks to their focus on performance-driven products and discipline in their direct channels.
For 15 years, the canvas sneaker giant rode a wave of teen demand for its classic styles, only to find itself on the outs when customers moved on to more innovative footwear. Will its new products drive growth again?