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Rent The Runway is leveraging user data from its digital operations to design a physical store based on "luxurious convenience."

05/12/2016

After a year of transformation — and increasing chaos — in the way clothes are designed, marketed and sold, industry leaders ponder the future of ‘fashion immediacy.'

BOF
03/12/2016

Beyond the product, luxury shopping is defined by the special touches that make a customer feel pampered while paying a steep price. A glass of champagne, an attentive associate and a pristine presentation are the cherries on top of the exchange in-store that make it a luxury experience.

01/12/2016

Earlier this month, online retailer Nasty Gal shocked fans by filing for bankruptcy. The e-commerce darling, which sold original designs, vintage pieces and items from other brands, became a social media hit thanks to innovative branding. Fellow millennial favorite American Apparel’s demise was not quite so surprising, having long been simmering in the pot despite the brand’s popularity. While both companies cited a number of reasons including legal troubles and mismanagement for their financial crashes, a major, troubling factor was also key—they kept most of their manufacturing within the United States.

25/11/2016

According to the L2 business intelligence firm, nearly all consumer goods brands, including the majority of cosmetics brands and 90% of fashion labels, are now present on the Chines mobile app combining calling, messaging, social networking and meeting services.

23/11/2016

While online heavyweights are quick to boast about the environmental impact of e-commerce, this holiday shopping season millions of eco-conscious consumers face a largely unanswered question.

BOF
23/11/2016

Companies like Nike have invested too much in Asia to consider moving factories, even if tariffs rise and push up costs for American consumers, analysts say.

BOF
21/11/2016

Consumer data can help retailers uncover sizeable new opportunities in China’s luxury market, says David Zhao of Shangpin.com.

BOF
18/11/2016

The fashion industry has been booming with innovative ways to buy clothing, as people become more willing to pay more for environmentally friendly apparel. This attributes to the $2.5 trillion the fashion industry brings in every year.

17/11/2016

Neiman Marcus is taking a new approach to getting customers in the door: devoting part of its floor space to e-commerce startup Rent the Runway.

BOF
16/11/2016

At Gap's annual shareholder meeting back in May, CEO Art Peck said, "to not be considering Amazon and others would be in my view delusional."  In early September, Lands' End announced that it would start selling some merchandise on Amazon, as the online behemoth's "credibility of being a desired fashion destination for shoppers continues to grow."

15/11/2016

India remains one of the most conspicuous growth opportunities for a global luxury market stuck in a rut.

BOF
14/11/2016

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