The Debrief | Can Farfetch Be Fixed? Farfetch, the online luxury fashion platform, has been a prominent player in the e-commerce industry for quite some time. However, recent changes in ownership have sparked discussions about the company’s future and its potential for revival. Executive Editor Brian Baskin and Senior Correspondent Sheena Butler-Young recently sat down […]
US Clothing Prices Fall in January
US Clothing Prices Fall in January In a surprising turn of events, the latest reports indicate that clothing prices in the United States have taken a downward plunge in January. This unexpected shift comes at a time when prices for all goods have been on the rise, making the decline in apparel costs even more […]
Fixing Luxury’s Value for Money Problem
As luxury brands continue to flourish, they face a critical juncture where their value proposition is under intense scrutiny. The COVID-19 pandemic brought unprecedented demand for luxury goods, which many brands capitalized on by increasing prices drastically. While these brands thrive in revenue growth, they encounter a pressing need to rethink their approach toward creativity, […]