The Debrief | Gen Z Isn’t Buying Luxury’s Story In the ever-changing landscape of fashion, one thing is becoming increasingly clear: Gen Z isn’t as captivated by luxury brands as their predecessors once were. With prices soaring, hype losing its appeal, and a newfound love for vintage pieces taking center stage, the traditional narrative of […]
Fake Crypto Platforms Face SEC Charges Over Investor Fraud
The recent enforcement action taken by the United States Securities and Exchange Commission (SEC) against alleged fraudulent cryptocurrency platforms signals a crucial moment in the fight against investor exploitation in the digital asset space. On September 17, 2024, the SEC announced charges against five entities and three individuals for defrauding investors of nearly $3.2 million […]
Japan’s Secondhand Fashion Boom Is Bigger Than the Weak Yen
The recent decline of the Japanese yen has drawn international shoppers to Japan’s vibrant secondhand fashion market. While the yen’s depreciation has indeed made shopping in Japan more appealing for foreign visitors, the growth of this market is not solely dependent on currency fluctuations. The cultural and economic dynamics surrounding the secondhand fashion industry indicate […]