1. Zara built a $20B empire on fast fashion. Now it needs to slow down. Trendy clothes have a short shelf life. Case in point: Zara’s many tie-dye pieces, for example, are currently 30% to 50% off, in an effort to clear the inventory to make room for the next trend. – Read More on Fast Co.
2. RETRO READ: The Evolution of Zara - How the Copycat Became a Bona Fide Fashion Destination. Not always a popular choice for fashion-oriented individuals (and often viewed as a guilty pleasure of sorts), fast fashion has undergone something of an interesting development in recent years. – Read More on TFL
3. The Real Story of Supreme: “The reason that we do things the way we do is because we respect the customer.” For Jebbia this is not a mere marketing platitude but rather a kind of guiding, almost sacred, principle … “For us, whenever we do something, it's something we feel like, for young people, this isn't already a part of their world. Or it isn't accessible to them. We could do something that opens people's minds to something they hadn't known or thought about before.” – Read More on GQ
4. U.S. e-commerce platforms – like Amazon – are “far behind” Alibaba on anti-counterfeiting efforts, US subcommittee hears. “We learned Alibaba’s anti-counterfeiting policies and programs are significantly more effective than any of their U.S. counterparts.” – Read More on SCMP
5. Instagram Is Great for Models. It’s Also Good for Predators: The platform can create a path to success for many young women. Scammers and abusers - such as Kim Kardashian’s personal photographer who was soliciting nude photos from budding young models - know it. - Read More on NY Times
6. Louis Vuitton, Moncler set high bar for luxury goods peers: The industry’s top players are riding high on demand for branded goods across Asia and particularly in mainland China, in spite of a Beijing-Washington trade war that could ultimately weigh on consumer sentiment. – Read More on CNBC