Garage Clothing Owner Rides Y2K Fashion to $5.3 Billion Fortune
Andrew Lutfy, CEO and majority owner of Groupe Dynamite, saw his net worth surge to $5.3 billion after a sharp rise in shares following the company’s 2024 IPO.
vintage-clothing
Latest News & Analysis
Retail
Inside the Secret World of Vintage Fashion Scouting
In the rapidly growing market for vintage, a secretive group of elite 'pickers' know where to score the best clothes and accessories for celebrities and designers.
Inside the Secret World of Vintage Fashion Scouting
In the rapidly growing market for vintage, a secretive group of elite 'pickers' know where to score the best clothes and accessories for celebrities and designers.
Retail
The Holiday Shopping Season Starts Now. Are Retailers Ready?
This week, everyone will be talking about Black Friday and Cyber Monday, PVH Corp.'s financial results and hunt for another brand to buy, and a new exhibition of vintage fashion at The Metropolitan Museum of Art. Get your BoF Professional Cheat Sheet here.
The Holiday Shopping Season Starts Now. Are Retailers Ready?
This week, everyone will be talking about Black Friday and Cyber Monday, PVH Corp.'s financial results and hunt for another brand to buy, and a new exhibition of vintage fashion at The Metropolitan Museum of Art. Get your BoF Professional Cheat Sheet here.
Luxury
The Battle for Collectable and Rare Fashion Heats Up
Museum-worthy couture is now being chased by everyone from private collectors to secondhand retailers, and prices are ballooning.
The Battle for Collectable and Rare Fashion Heats Up
Museum-worthy couture is now being chased by everyone from private collectors to secondhand retailers, and prices are ballooning.
Sustainability
H&M to Trial Vintage Clothing Sales
The fast fashion group will pilot online sales of second-hand garments on the Swedish site of its & Other Stories brand.
H&M to Trial Vintage Clothing Sales
The fast fashion group will pilot online sales of second-hand garments on the Swedish site of its & Other Stories brand.
ADVERTISEMENT
ADVERTISEMENT
News & Analysis
Vintage Clothes Priced By Weight Attract Young Shoppers
"Anyone over 35 might look at you blankly if you mention vintage kilo sales, but they are increasingly popular with teenagers and students looking
Vintage Clothes Priced By Weight Attract Young Shoppers
"Anyone over 35 might look at you blankly if you mention vintage kilo sales, but they are increasingly popular with teenagers and students looking
Technology
Resale Sites Prepare for Battle
Armed with millions of dollars of venture money, a handful of fashion ‘re-commerce’ sites are gearing up for a ‘winner-takes-all’ fight.
Resale Sites Prepare for Battle
Armed with millions of dollars of venture money, a handful of fashion ‘re-commerce’ sites are gearing up for a ‘winner-takes-all’ fight.
News & Analysis
Inside the Booming Vintage Luxury Fashion Market
Sales of high-end vintage attire and accessories are soaring — both in volume and price — and a handful of small businesses are taking advantage of market forces that are making what was old new again.
Inside the Booming Vintage Luxury Fashion Market
Sales of high-end vintage attire and accessories are soaring — both in volume and price — and a handful of small businesses are taking advantage of market forces that are making what was old new again.
Retail
The Consignment Store That Chooses Old Navy Over Tommy Hilfiger
The largest online consignment store in the U.S. is stockpiling clothes that were never that costly to begin with: ThredUp says some of its most popular brands are H&M, Forever 21, and Old Navy.
The Consignment Store That Chooses Old Navy Over Tommy Hilfiger
The largest online consignment store in the U.S. is stockpiling clothes that were never that costly to begin with: ThredUp says some of its most popular brands are H&M, Forever 21, and Old Navy.
The News in Brief
Danone Acquires Protein Drinks Maker Huel in €1 Billion Deal
Huel, which counts actor Idris Elba and TV presenter Jonathan Ross among its investors, has agreed to be acquired by the French consumer goods group in a deal worth about $1.2 billion.
Qatar Investment Authority Eyes 10% Stake in Golden Goose
Qatar’s sovereign wealth fund is preparing to buy a stake in Italian sneaker maker Golden Goose, Corriere della Sera reported Saturday.
Retailers Push UK to Join US and EU Ending Shein Parcel Loophole
British retailers are pushing the UK government to end a tax loophole that has helped online giants Shein and Temu make significant inroads and gain market share.
Exclusive: Deciem to Relaunch The Chemistry Brand
The Estée Lauder-owned beauty company and The Ordinary parent will relaunch one of its original brands as it moves to rekindle its reputation for incubation.
De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.