Daily LInks
1. American Luxury Is Finally in Vogue: Shares in Tapestry, the New York-listed holding company for labels including Coach and Kate Spade, are up 40% since the start of the year, while Michael Kors-owner Capri has gained 27%. That puts both stocks ahead of big European peers such as Hermès, LVMH Moët Hennessy Louis Vuitton and Gucci-owner Kering. – Read More on the WSJ
2. How “Buy Online, Pick Up In-Store” Gives Retailers an Edge: Customers are unlikely to go back to their old ways of shopping. As such, the “Buy Online, Pick Up In-Store” model may be a way for retailers to stay relevant in the post-pandemic world, as it provides many of the advantages of online shopping without many of the downsides of other types of digital shopping experiences. – Read More on HBR
3. Can Fabric Waste Become Fashion’s Resource? Fabric waste is rampant across the supply chain. Cheap, low-quality clothing fueled by demand for “fast fashion” has made what we wear disposable. Luxury brands must maintain an image of scarcity and exclusivity while still committing to bulk fabric orders, leading to an accumulation of unused material. – Read More on Working Knowledge
4. Forever 21 Owner Authentic Brands Plans IPO This Year: Authentic Brands Group LLC, the owner of brands such as Brooks Brothers, Juicy Couture and Forever 21, is exploring going public as soon as this year, according to people with knowledge of the matter. – Read More on Bloomberg
5. RETRO READ: Why Two Retail Giants Are Buying Distressed Mall Brands Out of Bankruptcy. “As a result of SPARC’s acquisition of these retailers, Simon – the largest shopping mall operator in America – is able to better control the occupancy rates at its shopping centers, helping to ensure their continued viability, while Authentic Brands benefits by having its retail business partner also be the landlord of many of its brick-and-mortar store locations.” – Read More on TFL
