Is Retail Making a Comeback or Is E-commerce Taking Over?
The start of the Covid-19 pandemic seemed like it would be the end of the retail fashion industry. However, by mid-August this year, the recovery progress seemed tenuous.
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Fashion
Remembering Virgil Abloh
On November 28th, American fashion designer and entrepreneur Virgil Abloh passed away because of a rare cardiac cancer at the age of 41. In this edition of the Stillman Exchange, his creativity and work will be recognized and remembered.
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Fashion Collaborations This Season
Fashion brands everywhere have an exceptional hold on everyone when new collections are released each season, but there is something more powerful when collaboration is in place. So make sure these collaborations for the end of the year are not missed out on.
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The Rise of Telfar
You might recognize the famous TikTok sound in various videos of a “Telfeezy” and featured in those videos are a Telfar bag in a variety of sizes. They are not easy to get, since people have to sign up for reminders to when a new color will be dropped to shop for at a certain time, which is what makes the bag carry an appeal to everyone. Being able to get something that feels almost unattainable, but still be in a high price range that is still accessible to pay for. All this makes the experience feel like a luxury that one would think was not possible.
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Luxury Brands Keep Increasing Prices
Luxury items are desired based on how accessible they are; the harder it is to get a luxury item then the more you want. Almost as if the brands were playing hard to get with its consumers. But when does inaccessible become too much?
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New York Fashion Week
New York City has been making substantial progress towards a return to normalcy within the past few weeks. Several city traditions such as Broadway and the Met Gala have returned after last year’s cancelations due to the pandemic. One of the most prominent events in the city includes New York Fashion Week. Organized by the Council of Fashion Designers of America (CFDA), New York Fashion week is a biannual series of runways shows and demonstrations used by designers to present their collections for the upcoming fashion seasons. Typically, New York Fashion Week brings over 230,000 visitors to the city and generates approximately 900 million dollars for the city’s economy. With a year long hiatus, designers went all out for this year’s event using unconventional and creative ways to show off their new collections.
Read MoreThe Survival of Fast Fashion
Various fast fashion companies, such as SHEIN and Fashion Nova, continue to thrive within the younger generations. People are advertising these brands all over social media, specifically famous people.
Read MoreFake Luxury Taking Over Real Luxury
Through the streets of New York City and resellers online, it has become popular for people to buy replicas of luxury items to avoid paying to steep price of the original. Some of the popular brands that are counterfeited include Louis Vuitton, Gucci, and Prada. While it provides a self-esteem boost for some to flaunt that they have designer items, despite it being counterfeit, at the end of the day it affects these companies in more ways than expected.
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Fashion Tradeshows to Resume In-Person
Fashion wholesale tradeshows, a crucial component of the industry, are finally back in person after months of virtual events. Informa Markets Fashion recently announced its semi-annual MAGIC tradeshow will be returning to Las Vegas this August. Over 1,000 exhibitors are expected to attend, showcasing their brand’s newest trends and styles for the upcoming seasons.
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The Return of the Met Gala
Get ready to roll out the red carpet once again for A-listers and designers to express their creativity. After a year of virtual events and cancellations of annual traditions, the
Metropolitan Museum of Art has announced that there are two upcoming Met Gala events in the works.