Category: News
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So, Allbirds could see their stock delisted, but would it be all bad?
Allbirds, the sustainable shoe brand, is at risk of delisting. Essentially, the NASDAQ issued a formal warning to the company because its share prices have been under $1. (One of the standards that companies need to meet is that their shares need to be over $1.) If they are not able to meet that standard…
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Momofuku feels the crunch and backs off its trademark enforcement
“We thought the word crunch was distinctive enough.” Famous last words. After enduring the onslaught internet ire, David Chang and Momofuku have walked back their trademark enforcement campaign. The brand had been on mission to seemingly stamp out anyone’s use of the term “chili crunch,” even though they hold the trademark to “chile crunch.” People…
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The other side of story on “those” Amazon resellers
She lived in a mansion, put her kids in private schools. She was a self-made multimillionaire, and entrepreneur if you will. The problem is that it was definitely ill-gotten gains, accrued by selling shoplifted makeup on an Amazon storefront. You likely heard of the story, and the overall rise in organized retail crime. I’m not…
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Another possible trial for Hermes, this time it’s about their little game
It’s often referred to as the Hermes game. If you watch enough luxury influencer content, invariably you’ll end up the corners in the internet where super wealthy purse obsessed vloggers bemoan all the hurdles hey have to jump through to buy the coveted Birkin Bag. You have to go to this store. Make sure you…
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Did you know Vogue had a summer school?
Quick announcement Vogue, the beloved fashion media brand, has an amazing opportunity for high school students interested in fashion. With the Conde Nast College of Fashion and Design, the brand is offering a summer program to support the interests of the young and creative. The program takes place over two terms in June and July…
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J. Crew’s sustainable swimwear approach (and how you can benefit)
J. Crew is working with Supercircle to take your old swimwear to make brand new pieces. From now to August 2024, the American retailer will accept your old bathing suits in return for a $5 credit to be used towards the purchase of new swimwear. This solution helps to address a key problem in the…
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What is the value of art?
Julian Assange sits in jail, awaiting possible extradition to the United States from his British detainment. Andrei Molodkin refuses to sit idly by, with the possibility that the WikiLeaks founder might die in prison. Molodkin has chosen to hold art for ransom. If his demands are not met, that being the safety of Assange, millions…
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Taking notes from Neiman Marcus’s diversity success
Diversity, or rather the lack of it, has been a major across industries. Neiman Marcus, the luxury department store, just may have cracked an effective strategy to get there. In an interview with Vogue Business, Eric Severson points out that companies need to have strategies to reach their diversity and equity goals. As the Neiman…
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More troubles for Farfetch
If you are into luxury online shopping, you are likely aware of Farfetch. If that is not your jam, just know that it is an online retail platform that has been struggling a lot lately. And it only continues to get worse. With a history of recent financial struggles and lack of profit, it purchased…
A Wren Says 