The New York Times – Fashion & Style:
With bargains on secondhand treasures, and a social media feel, the e-commerce app has taken the “energy” of a good thrift store online.
Category: E-Commerce
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How ‘Buy Now Pay Later’ Built a New Culture of Consumption
The New York Times – Fashion & Style:
‘Buy Now, Pay Later’ built a delirious new culture of consumption — and trapped users in a vortex of debt.
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Ssense Seeks Bankruptcy Protection as Luxury E-Commerce Falters
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.
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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.