Friday, April 22, 2022

Founder of kidswear resale platform, Dotte: ‘The idea came from genuine parental frustration’

Image: Marks & Spencer x Dotte Interview Launched during the height of the pandemic, Dotte’s debut fell in line with the swift emergence of resale as an alternative form of shopping. However, unlike other platforms, co-founders and mothers Samantha Valentine and Louise Weiss, decided to opt entirely for the resale of kidswear, a largely untouched market in the secondhand sector. “The idea came from genuine parental frustration,” Weiss, mum of two, said in a conversation with FashionUnited. The duo noted it was the shock that came from the alarming rate their children grew out of their clothing that led them to launch the platform. Most recently, Dotte established a partnership with Marks & Spencer, which joined the platform’s Resale Collective, a group of sustainable brand partners, allowing consumers to resell branded kidswear in exchange for store discounts. As Dotte sets its sights on an upcoming crowdfunding, Weiss spoke with FashionUnited about the importance of accessible circular solutions, the opportunities in resale for kidswear and the platform’s future in this booming market. Where did the idea for Dotte come from? Why did you specifically land on kidswear? In the first two years of life, children grow over seven sizes and the rate of getting through clothing is alarming. When parents have children for the first time, they become so much more worried about sustainability because their consumption gets extended into a whole other generation. Image: Marks & Spencer x Dotte That was what happened to us. When we had kids, we were really alarmed by all these growth spurts and frustrated because we didn’t have a way to clear our all these clothes. You can send them to some charity shops, but some don’t accept them and you don’t know where they actually end up. So we decided to build a platform where we could sell them. Who is the typical Dotte customer? Our customers tend to be fashion-forward, savvy and largely mums. We have set out to be very gender neutral, but it just happens to be that most women do the shopping for their kids. In fact, 96 percent of our users are female and the number one reason they sell clothes is that they are genuinely concerned about the planet. They want to make changes so that they can live a more sustainable family life - they are very passionate about that. We are here to help them take the small steps. Especially around their wardrobes and fashion. How would you define Dotte’s most central values? Really, it is about putting our community first. Everything we do is shaped around our community. We have a lot of content on our social media that has been created by this community – parents who know more than us about sustainable hacks for their wardrobe. We share a lot of content and part of the reason we are growing so well is because our community talks about us, they love what we are doing. So we really try to shape Dotte around what they want and need. Image: Marks & Spencer x Dotte You also operate through a Resale Collective. Why did you decide to go for this kind of business model? We try to be realistic about the fact that parents are not always going to buy second hand – they are going to want to buy new at some point. We try to encourage people to be more sustainable and that doesn’t have to be black and white. What we wanted to do was work with brands that we know are committed to producing clothing in a more sustainable way, with a lower impact, and really hold them up and say to our community that if they are going to buy new, invest in these sorts of brands. They are created with a lower impact and they are more suitable for resale. There is a range of criteria we use to look at brands before we choose to work with them. We will become the official place to resell that brand and they will promote us to their community, encouraging their customers to extend the lifespan of products. The brand will award those customers by giving them discounts for new clothes. For brands, it is a way of reducing their footprint even further. Image: Little Loves Cornwall Are there other ways that Dotte stands out in comparison to other resellers? We are pretty much the only resale site dedicated to children’s fashion. There are a few marketplace where you can buy a dress and a second hand breast pump or pram – there is so much baby gear that needs to be shared and reused, there is a huge opportunity there. We are very passionate about Dotte being a fashion destination. Parents are very style-conscious nowadays. They want to curate wardrobes. They want to use fashion as a way for children to discover their personality and play with who they are as their identity emerges throughout childhood. We want to be there for them during this time. That is why we have things like our personal shopper option, where you can put in details about your child and what they like and find things that suit their personality and preferences. Because believe me, they can have a strong taste, as young as two. We always feature sellers that have cool, interesting kidswear. It is really a place for parents to break out beyond the high street and explore new, independent sustainable brands. I think that really sets us apart. As well as the fact that we are peer-to-peer, which means you are buying from other people – there is so much joy to be had in a more social form of shopping. Has the resale model come with any challenges since your launch? No, reselling is just becoming more and more relevant to our lifestyle. The pandemic actually made people focus on the impact we are having on the planet and there was a huge boom in resale as people were really spurred on to take action. There has also been a bit of a narrative about sustainable fashion often being a bit exclusive or not accessible because of the use of smaller suppliers. What resale does is open up sustainable fashion to everybody, which means we can have a bigger impact. Where would you like Dotte to be in resale’s booming future? We are hoping to be the number one place to buy and sell second-hand kidswear in the UK by the end of the year, and we are fast on track to do that. We have the largest social following of any kidswear resale platform in the UK already and we have more brand partners than anyone else too. We want to also turn our sights to the US and Europe. Eventually, our aim is to be the number one second hand fashion destination for kidswear in the world. Image: Cub Pudding Do you think resale is the solution to fast fashion? I don't think there is one solution. I think there are going to be layers of different options. Our wardrobes will be made up of things that are rented, borrowed, resold, second-hand, repaired or customised. I also think we will no longer be going to the high street empty handed and coming back with bags of clothes. I think you will take your clothes and swap them – more of an exchange rather than extracting new things all the time. I think it is going to completely change the way we shop. Do you have any exciting plans for the coming year for Dotte? One is that we are launching a crowd raiser, which takes place April 25. It means anybody can invest in Dotte and get involved in investing in the circular economy and the booming resale space. We have been actively inviting our community to invest – we already have 300 people pledging. This was a very natural decision. The fact that we have got a community at our heart and they helped us build this company, it only felt right to give them the opportunity to hold shares in Dotte. We have had a massively positive response since. I think it is only fair to give them some ownership of the company. The reason we are raising is because we are going to be launching an app this year, which is a huge step for us and the number one thing our community wants. It is going to make it even easier and quicker to resell outgrown kidswear. The final piece of news is, we recently launched a partnership with Marks & Spencer, and, off that back of that, we have another major kidswear heritage brand we will be launching with this year. Image: Claude
http://dlvr.it/SP3fJq

Showroomprivé: Q1 revenues drop by 22.1 percent

Image: Showroomprivé The Showroomprivé (SRP Group) net revenue for the first quarter stood at 138.9 million euros, down 22.1 percent from the same period last year. This development, the company said, reflects the challenging environment in which the group has been operating since H2 2021: a supply shortage directly impacting the performance of several market segments, combined with a high comparison basis from Q1 2021, which was buoyed by restrictions related to the health crisis. Commenting on the Q1 results, David Dayan, co-founder, chairman and CEO of Showroomprivé, said in a release: “In line with the trends of the second half of 2021, the anticipated contraction in early 2022 reflects a persistently challenging market environment. We are focusing on our diversification and premiumisation effort, as the acquisition of The Bradery testifies, with the prospect of an upswing of the activity by year’s end. We expect 2022 EBITDA to be satisfactory given the improvements in our business model despite not reaching the record level of 2020 and 2021.” Highlights of Showroomprivé’s Q1 results Net revenue for the current period was up 17.5 percent compared to Q1 2020, a period before the pandemic, which saw revenue of 118.2 million euros. Revenue for Beauté Privée dropped sharply compared to Q1 2021, owing to the migration of the platform as well as the current market repositioning, which is yet to be completed. Internet sales in France were 113.4 million euros, down 22.9 percent compared to the same period in 2021, but were 17.1 percent higher than the 96.8 million euros recorded in Q1 2020. The Travel segment, and to a lesser extent the ticketing business, performed well but without fully offsetting the steep decline in the fashion and beauty segments. The Home segment proved more resilient. Following a strong start to the year, IRL brand saw mixed results over the quarter. Internationally, revenue followed a similar trajectory to France, standing at 23.6 million euros, a 20 percent decline. Saldi Privati mirrored the performance of Showroomprivé over the period. Only Spain and Morocco saw a less pronounced drop in sales. Wholesale revenue was up very slightly at 1.9 million euros. GMV was 203.6 million euros, down 18.8 percent compared to Q1 2021. The group anticipates stronger business momentum in the second half of the year, due to a less demanding comparison basis as well as an expected increase in available inventory in certain sectors, a rebound in orders, and a steady upswing in the travel and ticketing activity. The group expects an acceptable 2022 EBITDA thanks to the improvements in the business model despite not reaching the record level of 2020 and 2021.
http://dlvr.it/SP34zL

Barbie unveils Queen Elizabeth II Doll to celebrate her Platinum Jubilee

Image: Mattel; Queen Elizabeth II Barbie In Pictures Barbie has immortalised Queen Elizabeth II with her own doll, as part of the toy brand’s Tribute Collection to celebrate visionaries for their incredible contributions, impact and legacy as trailblazers. The collectable doll, sculpted in the Queen’s likeness, has been released ahead of Her Majesty’s Platinum Jubilee on June 2. Inspired by one of the Queen’s most iconic looks, the Queen Elizabeth II Barbie doll is dressed in an elegant ivory gown and blue ribbon adorned with miniature medallions inspired by the royal family orders. Image: Mattel; Queen Elizabeth II Barbie Details include the inclusion of a pink ribbon, which was given to the Queen by her father George VI, and a pale blue one by her grandfather George V. Her regal ensemble also includes a mini tiara, based on Queen Mary's Fringe Tiara, which was worn by the Queen on her wedding day and matching accessories. The Queen Elizabeth II doll will be presented in a box inspired by the Buckingham Palace interiors and printed with a crest-shaped logo and a badge commemorating the 70th anniversary of the Queen’s accession to the throne. Image: Mattel; Queen Elizabeth II Barbie The limited-edition doll will be available at Amazon, Harrods, Hamley’s, Selfridges and John Lewis in the UK, as well as Walmart, Target and on Mattel’s website in the US. Image: Mattel; Queen Elizabeth II Barbie
http://dlvr.it/SP2XCM

Kering posts 27 percent sales growth

Image: Saint Laurent SS22/Catwalk Pictures Kering Group revenue rose 27 percent as reported and 21 percent on a comparable basis in the first quarter. The company said, revenue from directly operated stores were up 23 percent on a comparable basis and up 32 percent relative to the same period in 2019. The company added that sales growth was supported by very strong momentum in Western Europe, North America, and Japan. In Asia-Pacific, sales were affected by new lockdowns in certain major Chinese cities. “We opened 2022 on a very solid first quarter in a more uncertain environment, notably impacted by tightening Covid restrictions in China since March. All our Houses posted double-digit revenue growth in the quarter. While we remain attentive to economic and geopolitical conditions, we invest in all our brands, whose attractivity will continue to fuel our growth and profitability,” said François-Henri Pinault, chairman & CEO of Kering. Q1 performance of core brands under Kering portfolio In the first quarter of 2022, Gucci’s revenue amounted to 2,591 million euros, an increase of 20 percent as reported and 13 percent on a comparable basis. Sales generated in directly operated stores grew 15 percent on a comparable basis relative to the first quarter of 2021. Wholesale revenue fell 2% on a comparable basis. Sales momentum remained strong in North America and Western Europe, while performance in Asia-Pacific was more mixed due to new Covid-related lockdown measures at the end of the period, notably in Mainland China. Yves Saint Laurent revenue of 739 million euros, was up 43 percent as reported and up 37 percent on a comparable basis. Sales in directly operated stores rose 49 percent on a comparable basis, with double-digit growth in all product categories driven by performances in Western Europe and North America. Revenue from wholesale rose 10 percent on a comparable basis. Bottega Veneta’s revenue totaled 396 million euros, up 21 percent as reported and up 16 percent on a comparable basis. Relative to the first quarter of 2019, sales were up 59 percent on a comparable basis. Directly operated stores reported sales increase of 18 percent on a comparable basis, driven by very good performances in Western Europe, North America, and Japan. Bottega Veneta’s wholesale channel delivered revenue growth of 10 percent on a comparable basis. Kering’s Other Houses posted revenue of 973 million euros, up 35 percent both as reported and on a comparable basis. Each House delivered double-digit growth. Sales from directly operated stores rose 45 percent on a comparable basis, while wholesale revenue was up 22 percent. Balenciaga and Alexander McQueen pursued their growth, driven by all regions. Brioni continued to grow, and the jewellery houses maintained their momentum.
http://dlvr.it/SP23mG

CommentSold acquires Social Retail Success

Image: CommentSold Facebook page CommentSold, a digital commerce solution that enables retail businesses to unlock sales growth through live and social selling, recently acquired Social Retail Success (SRS). The SRS advanced business analytics suite helps retailers on the CommentSold platform optimize sales, plan and manage inventory, and manage customer relationships to increase profitability. Terms of the deal were not disclosed. CommentSold also announced that SRS founder Tim Gallagher has joined CommentSold as Director of Retail Strategy. Finn Faldi, chief operating officer of CommentSold, spoke to FashionUnited about why the acquisition of SRS was a strategic move and future plans. Why did you all want to acquire Social Retail Success? SRS was designed specifically for our larger-volume merchants, and we wanted to be able to truly integrate its technology into our business model and empower more retailers to succeed through access to its enhanced analytics suite. We also wanted to continue investing in the growth of our retailers. How do you see this acquisition benefiting CommentSold? The SRS platform has already proven to help our merchants succeed, and I think now that we’ve acquired its technology, it will push more and more of our retailers to want to be at a point in their business journey so that they can truly utilize what its analytics tools and key performance indicator dashboards have to offer. It will enhance the already existing tools that are part of our platform. What are your plans for retail strategy after this acquisition? We've been making strategic acquisitions to better enhance the CommentSold platform, and recently acquired marketing message customization and scheduling tool Vizzlie, as well as hired a new Chief Product Officer, Andrew Chen. What enhanced analytics can retail partners expect after this acquisition? The enhanced analytics suite designed by SRS will give our retail partners access to 38 daily business reports that show valuable insights into their sales, inventory planning, inventory management, customer management and profitability. These include everything from order and summary profitability reports and inventory analysis to customer acquisition, loyalty and channel analysis. Through these tools, our partners will reach new customers while running a cost-saving retail business. Why should independent retailers join your platform? CommentSold is truly unique, as we support our retail partners every step of the way in their journey, handling everything on the backend so retailers can automate their inventory and order management, payments, invoicing, labeling, packaging and fulfillment processing and focus on their live sales to continue growing their businesses. How large should a retailer be before joining your platform? There is no size limit for a retailer to join our platform; however, our larger-volume businesses will see the most value in the SRS analytics suite. How does your software help with customer conversion? Because we help our retail partners with all of the business operations, they are able to really focus on their live sales and connect with their customers on a personal level, which in turn increases customer loyalty and conversion. With the addition of SRS complementing our existing tools, our retailers can now access data down to size and color, truly understanding what their customer is looking for and catering exactly to his or her needs. What can retailers expect from the launch of the customer lifetime value analysis? We’re working on rolling out customer lifetime value reports, which will be available to select retailers. How long was this deal with SRS in the works? Tim launched SRS around 3.5 years ago, and as a 100% CommentSold tool since its inception, we’ve been working with Tim on integrating this platform for a while.
http://dlvr.it/SP23mC

Thursday, April 21, 2022

Puma launches Re:suede experiment with 500 pairs of shoes

Image: Puma, Re:suede Sports giant Puma has started the experimental phase of its Re:suede project, with the distribution of 500 pairs of sneakers to Germany-based participants. The experiment will test to see whether it is possible to make a biodegradable version of its Suede shoe style. Participants in the group will wear the Re:suede shoe for a half a year before returning it to Puma, which will then send the worn pair to Dutch industrial composting experts Ortessa. The firm will analyse whether the shoe can biodegrade in a controlled environment. It comes as Puma said in a release that it had received a strong interest in the project, with its global creative director, Heiko Desens, stating the brand received more requests for the experiment than it had shoes available. Desens added: “As part of the experiment, we will also gather feedback from participants about the comfort and durability of the sneakers, which will help us design future versions of the shoe, if the experiment is successful.” The Re:suede was made using Zeology tanned suede, biodegradable thermoplastic elastomer (TPE) and hemp fibres, which Puma said ensured better comfort for the wearer. The project is the first to launch as part of Puma’s ‘Circular Lab’, an innovation hub dedicated to circularity programmes. It most recently announced the additional launch of a Re:jersey project, in which Puma will pilot a garment-to-garment recycling process.
http://dlvr.it/SP0BZG

Redress Design Award announces semi-finalists

Imagen por cortesía de Redress Design The international sustainable fashion design competition, the Redress Design Award, has announced its 30 semi-finalists from all around the world including three designers from Spain, two UK designers and one US designer. The public plays an important part in the next round of the competition as people can now vote for their favourite designer in the special People’s Choice Award until May 9. The designer that emerges as the public’s favourite will receive this People’s Choice Award and automatically proceed to the final round of the competition. Image courtesy of the Redress Design Award. During the grand final in September, the winner of the People’s Choice Award will present its collection, along with the nine other finalists of the Redress Design Award. The jury of the competition will pay attention to specific criteria when it comes to the designs of the Redress candidates. First of all, the collections must be creative, as well as being sustainable and innovative. This includes evidence of the use of circular design techniques, marketability and scalability. In the grand final round, the Redress judges will be looking for a reflection of the designers’ craftsmanship in their designs. On May 10, one day after the voting for the Redress People’s Choice Award closes, the ten finalists of the competition will be announced. This select group of young designers will be eligible to win important prizes such as the opportunity to collaborate with Timberland on a design. The first prize winner will take home a development fund worth 50,000 Hong Kong dollars (around 6,400 US dollars) for the first prize winner. The second place designer will be awarded a development fund worth 15,000 Hong Kong dollars (around 1,900 US dollars). In addition, a tailored mentorship programme in which they will collaborate with a distinguished sustainable fashion designer and competition judge Orsola de Castro. The Hong Kong Best Prize winner will receive a development fund of 15,000 Hong Kong dollars (about 1,900 US dollars). The top three winners will also be eligible to win a JUKI sewing machine, among other prizes. Redress Design Award 2022 semi-finalists * Ashutosh Panda, India * Cal Carver, United States of America * Lam Chi Fu, Hong Kong * Trần Thị Kiều Chinh, Vietnam * Cris Miranda, Chile * Darius Jireh Juson, Philippines * Drina Marco, Spain * Elahehsadat Hosseini, United Kingdom * Federico Badini Confalonieri, Italy * Guntas Grewal, India * Hoàng Hồng Hải, Vietnam * Laura Borrmeister, New Zealand * Lívia Aguiar de Castro, Brazil * Lola Clavel, Hong Kong * Lorenzo Restagno, Hong Kong * Louise Boase, Australia * Loveleen Tokas, India * Lucy Mitchell, United Kingdom * Zheng Luyao, Mainland China * Maria Pons Porta, Spain * Marie-Eve Aubry, Canada * Melissa Pereira Rodrigues, Portugal * Micaela Clubourg, Spain * Mohammed Numaan Khan, India * Nawoda Bandara, Sri Lanka * Ruth Hadinjoto, Australia * Ruwanthi Gajadeera, Sri Lanka * Samira Mohammed, Nigeria * Wang Sizhe, Mainland China All 30 semi-finalists will become part of the Redress Design Award alumni network, a network of designers with over 240 members specialising in sustainable fashion.
http://dlvr.it/SNzczJ

Kinnevik's Q1 net asset value declines by 6 percent

In the first quarter, Kinnevik reported NAV of 67.9 billion Swedish krona or 244 Swedish krona per share, down 4.5 billion Swedish krona or 6 percent. The company said, its net cash position at the end of the quarter was 5 billion Swedish krona, corresponding to 7.8 percent of portfolio value and pro forma net cash position was 8.1 billion Swedish krona after dividends from Tele2 to be received in May. ”The first quarter of 2022 was turbulent. However, despite the new macro political and financial reality, it is our firm belief that quality companies with innovative customer propositions will continue to grow and create value,” said Georgi Ganev, CEO of Kinnevik in a statement. During the quarter under review, Kinnevik doubled-down on its investment theme ’the future of work’ through two new investments – Omnipresent, a SaaS-based employment partner, and SafetyWing, a workforce insurance provider. Transcarent, the comprehensive health and care experience company for self-insured employers, was added to the company’s portfolio. The company also led a funding round in Agreena, supporting farmers’ transition to regenerative agriculture practices through the voluntary carbon offset market. Follow-on investments were completed in Lunar, Common and Joint Academy. Kinnevik invested 1,658 million Swedish krona in the quarter, including 546 million Swedish krona into Transcarent, 377 million Swedish krona into Omnipresent, 211 million Swedish krona into Lunar, 177 million Swedish krona into SafetyWing and 127 million Swedish krona into Agreena.
http://dlvr.it/SNz3WJ

Wednesday, April 20, 2022

The first edition of The Kooples Art Prize unveils its two winners

Gaby Sahhar and Kim Farkas, winners of the first edition of The Kooples Art Prize, image courtesy of The Kooples This year, French ready-to-wear brand The Kooples launched the first edition of its The Kooples Art Prize. On April 12, the competition presented its first two winners, Gaby Sahhar and Kim Farkas, who were chosen from a total of twelve entries. Led by Studio Marant - Emily Marant, The Kooples Art Prize is part of a professional support initiative. Alongside contemporary art journalist Marc Beyney-Sonier and the artistic director of the prize, Emily Marant brought together a jury of professionals and four reporters to propose twelve artistic projects. The duo also collaborated with Maison Artagon, an organisation dedicated to the support, promotion and accompaniment of creation and emerging cultures. As well as teaming up with the Musée d'art contemporain du Val-de-Marne (Mac Val), the very first partnership of its kind for the institution. The Kooples: A "reset" The two winners of the prize will produce new works that will be presented at the start of the new academic year in Paris, in the brand's new flagship store on the Champs-Élysées, which will open in the autumn. Marie Schott, President and CEO of The Kooples, welcomed the initiative, saying in a release: "The approach of the contemporary art prize we have created is unprecedented for a brand like ours and we are proud to offer artists the opportunity to exhibit their work to a wide audience in the store we will soon be opening on the Champs-Élysées. In the summer of 2023, the Mac Val museum will host a group exhibition of the winners' works, under the artistic direction of curator Thomas Conchou.” The brand's ambition is to provoke a real "reset" of The Kooples. Following the takeover of the brand by the Swiss group MF Brands (Lacoste, Aigle and Gant) and the departure of the founding brothers Alexandre, Laurent and Raphaël Elicha, its new CEO wants to give a new impetus to the brand founded in 2008 and redefine accessible luxury. A revival that includes the opening of its new flagship on the Champs-Élysées and the expansion of the brand into the art world through The Kooples Art Prize. Marc Beyney-Sonier, artistic director of The Kooples Art Prize, Thomas Conchou, guest curator, and Emily Marant, director of The Kooples Art Prize, image courtesy of Jean du Sartel Heintz - The Kooples Through the new award, the brand intends to showcase its unique identity and invite emerging artists to share their vision of the world. “If the brand is evolving, its new prize will allow it to move on to a new level," explains Capucine Safyurtlu, Creative Director in the press release. "The dialogue with the contemporary art scene will allow us to tell a story that will go much further in terms of its radical approach and creativity." For the debut edition The Kooples Art Prize, the jury consisted of: Julien Blanpied, collaborator in temporary exhibitions at the Mac Val museum, Thomas Conchou, guest curator, Anna Labouze & Keimis Henni, founders of Aragon and artistic directors of the Magasins généraux, Anissa Touati, curator of the Paris International Fair, Marie Schott, CEO of The Kooples, and Capucine Safyurtlu, creative director. This article was originally published on FashionUnited.FR, and translated from French into English by Veerle Versteeg.
http://dlvr.it/SNwZLg

Most popular vintage trends across the US

NastyGal.com Thrifting and vintage shopping are more popular than ever as eco-conscious consumers revitalize their closets with pre-owned items while simultaneously capitalizing on the latest trends. Demand for vintage clothing stores is estimated to be up 400 percent over the past year in the US. What’s old is new if you hold onto it long enough. When Miu Miu sent a parade of models in low-waisted micro skirts down the runway for spring, it delighted those of us who had put our hipbone baring items on ice since the aughts but are nostalgically combing through our archives in readiness for sunny weather. Y2K is America’s current favorite era but vintage buying interests across the US vary widely. According to a new study by Nasty Gal, New York, Texas and Washington shoppers are all rummaging for items from the early 2000s. The 90's is the second most popular vintage fashion era, followed by the 1980's. The study revealed the top twenty cities for thrifting and, no surprise, the nation’s official fashion capital, New York City, takes top billing with 239 thrift stores within its city limits. The Big Apple is not known for doing anything on the cheap but the survey records that 11,606 (for every 100,000) New Yorkers searched for popular pre-owned clothing sites placing them ahead of the pack for eco-friendly bargain-hunting fashion. NastyGal.com In second and third place respectively, Portland, Oregon and Los Angeles, California actually have a similar number of thrift stores as NYC but the survey shows residents of these West Coast cities conduct less searches per 100,000 people for thrift shops than New Yorkers. The top five is rounded out by Cheyenne, Wyoming and Boston, Massachusetts. Interestingly Cheyenne contains the fewest stores, a mere 13, but records the highest level of searches for thrift stores than any other city on the list. Wyomingites, there’s a potential retail goldmine on your doorstep. Minneapolis, Minnesota at number 12 and Houston, Texas at number 20 both record the same amount of thrift stores as the cities that occupy the the top three spots but there is much less interest among residents for vintage shopping. Serious enthusiasts from the vintage-loving top five cities would no doubt find low-priced undiscovered gems on the racks of these less trafficked stores. Los Angeles-based Nasty Gal which has a global presence in 180 countries and a social media following of over 4.7 million, started in 2006 as a pioneer in the field of vintage resale before being acquired in 2017 by Boohoo. The survey’s data was based on search volume for different thrift shops including Vinted, Depop, eBay, Vestiaire, and the search terms thrift stores and vintage shops. US vintage shopping increases in popularity Y2K, the country’s most popular trend, which refers to items from the turn of the millennium and throughout the 2000s, includes low-rise jeans, Uggs, crop tops and velour (think Juicy Couture Pepto Bismol-hued track suits). In other words, anything worn by the era's it-girls, Paris Hilton (back when Kim Kardashian was her unknown sidekick), Nicole Richie, Lindsay Lohan and Misha Barton. 21 states favor this pre-smartphone era associated with youth, celebrity, Bungalow 8 and Cosmopolitan cocktails, all wrapped up in the optimism of a shiny new century. The 90s was the favored style period for eight US states, including Arizona, New Mexico, and Utah. This second most popular era characterized by nylon Prada, platforms, bright colors, baggy cargo pants and bell-bottoms (a repeat style from the 70s but as we stated upfront, what's old is new if you hold onto it long enough), this was the period of warehouse raves, the Spice Girls, Nirvana and runway minimalism. Colorado, Florida, Louisiana and Delaware favor the often taste-averse eighties known for leg warmers and leotards, high-waisted jeans and permed hair, shell suits and power shoulders. Think Olivia Newton-John singing “Let’s Get Physical”, Joan Collins in Dynasty, or the wedding dress, lace gloves and wristful of colored rubber bangles worn by young pop sensation Madonna.
http://dlvr.it/SNvz4p

Centric Brands taps new president of Asia division

Image: Centric Brands Brand collective Centric Brands has named Marc Compagnon as the new president of its Asia division. Compagnon will be based in Hong Kong and will oversee the company’s sourcing transformation, and will drive opportunities “to infuse digital elements into the organization’s sourcing strategy with a focus on quality, speed and efficiency”. He will report directly to CEO Jason Rabin. “This is an exciting time of transformation and growth for our company,” Rabin said in a statement. He continued: “As we expand our business globally and establish our team in Asia, [Compagnon] will lead that effort and create a best-in-class sourcing operation to further execute on our strategic growth initiatives.” Compagnon previously spent more than 20 years at Li & Fung in various executive and advisory roles, and prior to that was a partner and chief merchandising officer at Colby International Limited. He said: “Centric Brands is well-positioned to expand our sourcing presence and introduce a compelling suite of in-house capabilities that gives a competitive advantage for our portfolio of brands. “I am excited to join [Rabin] and the executive team to build an organization that creates outstanding products and solutions for our customers and partners.”
http://dlvr.it/SNvNPh

Tuesday, April 19, 2022

Crocs hires Deanna Bratter as global head of sustainability

Image: courtesy of Crocs Crocs, Inc. has roped in Deanna Bratter as vice president, global head of sustainability. In this newly created role, the company said, Bratter is responsible for driving the company toward its goal of achieving net zero by 2030, and enhancing commitments and impacts across environmental sustainability, social responsibility and corporate governance (ESG). "Climate change is an urgent issue that requires meaningful and rapid action. As a brand that invites everyone to be comfortable in their own shoes, we have an equal responsibility to ensure we're doing our part to create a more comfortable world," said Crocs CEO Andrew Rees in a statement, adding, "We are confident that Deanna’s deep experience and expertise will help Crocs achieve its ambitious sustainability goals." Bratter joins Crocs from Danone North America, where she was vice president of sustainable development/one planet.one health. Prior to Danone North America, Bratter led corporate sustainability for WhiteWave Foods and was charged with the company's sustainability initiatives, annual CSR and ESG reporting, and helping to create a values-driven culture. In July 2021, Crocs outlined a strategy to reduce its carbon footprint and become a more sustainable brand overall. The company added that the brand has already begun making progress in several areas, including a transition to sustainable ingredients across its product lines. "This is an iconic brand, and I am thrilled for the opportunity to apply my experience in creating more sustainable systems to Crocs, bringing collaborative and innovative solutions in an effort to ensure we meet our commitments and create a more sustainable and comfortable world for all," added Bratter. Bratter is a graduate of the University of South Florida and has completed sustainability certification programs at the University of Denver and Harvard Business School.
http://dlvr.it/SNryw2

Cult Beauty co-founder and CEO exits following THG acquisition

Image: Cult Beauty, Facebook Alexia Inge, the co-founder and CEO of online beauty e-tailer Cult Beauty, has exited the company following its acquisition by The Hut Group (THG) last year. Inge, who launched Cult Beauty along with Jessica Deluca in 2008, said joining forces with THG “marked a seminal milestone in the company’s history”, and said she was “excited to watch the next chapter for the business as it grows from strength to strength”. British fashion, beauty and wellbeing giant THG bought Cult Beauty last summer for 275 million pounds. The group said at the time it expected Cult Beauty to contribute sales of around 60 million pounds to its current full-year results. Inge said: “I started this journey in 2008 on a mission to evolve and improve the beauty industry for consumers, elevate and support independent brands and create the most trusted and loved beauty retailer in the world. “Fourteen years on and I feel that we have not only surpassed those dreams, but also founded a significant community along the way, all on a total investment of 1.75 million pounds.” Looking ahead, Inge said she is at “a juncture where I have the opportunity to prioritise other aspects of my life”. She said she will take a Wellness Year to recuperate and spend time with her family.
http://dlvr.it/SNrMl1

New study shows consumers taking digital habits in-store

Image: Mobile shopping U.S. consumers are four times more likely to use online ordering and curbside pickup in comparison to other regions, according to a new report. The data comes from the 2022 Global Digital Shopping Playbook, a PYMNTS and Cybersource collaboration, and is part of a six-nation study of more than 13,000 consumers and 3,100 businesses in six major regions including the U.K., U.S., Mexico, Australia, Brazil and United Arab Emirates. 5.5 million U.S. shoppers either “sometimes, often or always buy extra items when they pick up online orders in brick-and-mortar stores” compared to 25 percent of U.K. shoppers and 27 percent of Brazilian shoppers by comparison, giving merchants an opportunity for added revenue. With U.S. shoppers using curbside in higher numbers than other markets, they are driving to their retail destinations. 47 percent of American of consumers who pick up orders in-store wind up purchasing more products by entering to make their pickup. Comparatively, 28 percent of consumers outside the U.S. buy additional products on trips to pick up e-commerce orders inside physical stores. Australia and Mexico round out the top three regions that favour curbside pick-up. U.K. and U.S. lag in mobile-assisted shopping When it comes to mobile-assisted shopping the U.S. lags compared to other nations. 47 percent of Brazilian consumers use smartphones while shopping in stores, a number that rises to 59 percent in the United Arab Emirates. Only the U.K. comes in lower than the U.S. at 24 percent of consumers. According to PYMNTS shoppers using smartphones in stores tend to be looking for savings or inspirations for things they want but didn’t necessarily go looking for to begin with. This data suggests that retailers whose mobile apps, websites and physical stores are optimised for this blended buying journey can move more product than what’s being ordered ahead. Specifically, 12 percent of U.S. consumers using smartphones while shopping in-store are seeking coupons and discounts for the items on their shopping lists, while 9 percent are comparing prices between merchants and 10 percent are checking out product information or reviews. Mobile is key to cross-channel potential Merchants clearly need to create seamless journeys from digital to store as consumer behavior is leaning into this form of shopping, says the report. To optimise revenues, stores must elevate experience. Retailers that are bringing mobile experience inside the store enjoy an even wider advantage, with research finding that allowing shoppers “to use a mix of mobile and brick-and-mortar shopping channels earn an average Index score of 139.” Article source: PYMTS and Cybersource The 2022 Global Digital Shopping Playbook
http://dlvr.it/SNqnmQ

Monday, April 18, 2022

3 vintage womenswear labels to watch

Image: Mademoiselle YeYe Who doesn't like to wear vintage fashion from time to time and stand out with bell-bottoms, colourful patterns, bright colours or unusual cuts? However, when buying real vintage pieces, one often runs the risk of getting high-quality but environmentally harmful items made of materials such as synthetic fibres, leather or even real fur. Contemporary, vintage-inspired brands are the answer as they are committed to vintage fashion as well as sustainability. The three womenswear labels presented here are just such brands, which are inspired by the fashion of the 20s to 70s - be it through tailoring, styles, colours, prints or patterns. What is important to all of them is that they produce long-lasting fashion that is made under fair and environmentally friendly conditions. The search for new materials and packaging is equally important. Worth supporting, we think. Traffic People Bild: Traffic People Founded in London in 2002, womenwear label Traffic People was born out of a love for vintage fashion from the '20s, '30s, '50s and '70s, taking inspiration from style icons such as Lauren Bacall, Anita Pallenberg, Ava Gardner and Bianca Jagger. “Our small in-house design team works to create contemporary, edgy and creative styling with the Traffic People Girl at the heart of everything we produce.  Cleverly cut pieces in fabulously unique quality fabrics with delectable detailing and prints, ensures our range has unique exclusivity to the brand that sets us apart from other independent labels,” says Traffic People of its style. Accordingly, the label focuses on smaller collections, sometimes producing only 50 pieces of a particular style. Prices range from around 60 euros (around 50 pounds/65 US dollars) for a top to around 150 euros (125 pounds/160 US dollars) for a jumpsuit and 260 euros (around 215 pounds/280 US dollars) for a dress. Image: Traffic People Traffic People prefers durable pieces and is working on using recycled polyester in its collections starting from next year. In addition, the brand has partnered with Tribe and each purchase protects five trees in the rainforest. The label also supports various charities and is working on more eco-friendly packaging. Traffic People began by supplying select independent boutiques throughout the UK and a network of carefully chosen wholesalers that supply stores across Europe. Today, the brand can be found in hundreds of stores around the world, as well as popular fashion online retailers such as About You, Harvey Nichols, Wolf and Badger and Zalando. King Louie Image: King Louie Amsterdam-based womenswear label King Louie aims to spread freedom, optimism and individuality with its vintage-inspired clothing. Each new collection therefore starts with vintage fashion prints and patterns that the design team finds and adds to its in-house archive every year. “King Louie is quirky. And we’re proud of that.We walk our own way. In everything we do. We are colourful, even if the whole world is black and white. We are cheerful, also when nobody else is. We are crazy about prints, even if the rest prefers plain. Not because we want to be different. But because that is just who we are,” describes the label itself. Image: King Louie King Louie is a member of the Fair Wear Foundation and manufactures around 70 percent of all articles in factories in Turkey and the remaining 30 percent in China. In addition to items made from Tencel, Lenzing Ecovero and recycled polyester, the label also offers those made from cotton, 75 percent of which is made from organic cotton and 50 percent from environmentally friendly materials. However, all items are made without hazardous chemicals. Last year, the label offered its first circular garments made from recycled King Louie items. Prices range from 14 euros (around 11.6 pounds) for accessories to 60 euros (50 pounds) for a top and 120 (around 100 pounds) euros for a jumpsuit or dress. Vintage aficionados Ann Berlips and George Cramer started the label in Amsterdam in the early 1980s. It now has four stores of its own, including two in Amsterdam, one in Lelystad, the Netherlands, and one in Geneva, and is available at select retailers in Germany, Switzerland, Austria, Belgium, France, Denmark, Sweden, Norway, Spain, Italy, and the UK. Mademoiselle YéYé Image: Mademoiselle YeYe Mademoiselle YéYé is a sustainable, vintage-inspired womenswear label from Stuttgart, Germany, dedicated to the style of the 50s, 60s and 70s. It offers dresses, tops, knitwear, pants, jumpsuits, skirts and jackets, as well as accessories like belts, hats and socks that are feminine, vegan and fair fashion. “The now well-known vintage movement started in England in the 90s, caused by the desire to slow down the ever-faster lifestyle and to devote oneself again to old values. Young people in particular decided against standardised fashion and increasingly wore old vintage clothes and dresses consciously,” explains Mademoiselle YéYé the emergence of the desire for vintage on its website. Image: Mademoiselle YeYe store in Berlin The label produces its clothes in Turkey and uses materials such as cotton, synthetic fibres and viscose. It was founded by the two designers Kai Alt and Florence Shirazi in Stuttgart in 2012 and currently operates two brick-and-mortar stores - one in Berlin and one in Stuttgart, plus its own online store. The name comes from a genre of French pop music of the 60s, which is derived from the English exclamation “yeah”. The Berlin store is located in the Schöneberg district at Akazienstraße 26 and offers the current YéYé collection as well as selected pieces from Amsterdam-based label King Louie (see above), London brand Traffic People (see above), Danish brand Danefae and other labels. These are also available at the Stuttgart store. Prices range from around 15 euros for socks (around 12.50 pounds) to 35 euros (around 29 pounds) for a top and 125 euros (around 100 pounds) for a maxi dress.
http://dlvr.it/SNn1jD