The New York Times – Fashion & Style:
The retailer based in Montreal cited a lender-driven sale process and the end of the de minimis loophole as final blows.
Category: E-Commerce
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Has the Luxury E-Commerce Bubble Burst?
The New York Times – Fashion & Style:
Some of the biggest names in fashion e-commerce, including Farfetch and MatchesFashion, have imploded. What does that mean for fashion brands, investors and customers?
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Has the Luxury E-Commerce Bubble Burst?
The New York Times – Fashion & Style:
After implosions by Farfetch and MatchesFashion — and with other blowouts possible — the future for online fashion retailers looks uncertain.
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Machu Picchu Access Blocked by Peruvian Protesters Over New Ticket System
The New York Times – Travel:
Protesters blocked access to the Incan site in Peru over a new ticketing system. Tourists have been evacuated, but there could be more unrest. Here’s what to know.
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Farfetch to Be Acquired by Coupang for $500 Million
The New York Times – Fashion & Style:
The luxury e-commerce platform will narrowly avoid bankruptcy after the buyout from South Korea’s answer to Amazon.
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Is Farfetch About to Go Bust?
The New York Times – Fashion & Style:
For years, Farfetch was a tech darling that powered much of online luxury shopping. Now it is teetering on the brink of collapse.
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What Makes a Good Gift Guide?
The New York Times – Fashion & Style:
Thoughtful surprises and novelty items? Or pure, unadulterated voyeurism, twinged with a healthy dose of sticker shock?
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Platform Sells Artists’ Pieces You Won’t Find at Art Basel
The New York Times – Fashion & Style:
Jewelry, puzzles and hoodies are just some items that have been sold on Platform since the online retailer of fine-art prints started offering artist-designed products.