- Nov 8, 2013
- Reaction score
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Zero based on the rate of increase in consumption overall.I wonder how much of it is really shoppers making more of an effort to be more conscience of their habits and impact on the environment. Reminds of me of the readings from Elizabeth Cline's book, Overdressed.
Another article from NY Times, https://www.nytimes.com/2019/09/29/business/forever-21-bankruptcy.html
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Many have blamed the bankruptcy on not only the fact that Forever 21 grew too large but also that consumers began to think that the quality of its clothing deteriorated over time. In its bankruptcy filing, the company acknowledged that supply chain issues led to lower quality over time.Forever 21 bankruptcy and causing problems for a lot of mall owners.
Yeah, it's a low level hustle that has been going on for years, maybe a decade. I don't hate on those guys. They are just making a living. And Kith and Supreme, while publicly condemning these guys, structures their drops in such a way that feeds directly into this. And there are plenty of selling platforms that exploit this market, in the case of StockX, explicity. I never enter draws for the opposite reason - I am afraid that I'll win something, and then have to deal with either having a another pair of sneakers that I sorta like, but have already committed to buying, or reselling them, which I find to be an incredible hassle.
I don't think that he is altogether wrong. On the other hand, his obvious butt-hurtedness at what are at best petty grievances (Oh, he wasn't acknowledged for his valuable contributions, the injustice of it all, oh man, he was asked advice and didn't get recognition for it) really detracts from his credibility.Interesting commentary here in regards to diversity and inclusion in the industry.
In his own words, the Pyer Moss designer details being "gaslighted" and "used" by 'Business of Fashion.'fashionista.com
On top of using people of color as window dressing, he said that BOF milked him for info promising him a cover and then reneged.I don't think that he is altogether wrong. On the other hand, his obvious butt-hurtedness at what are at best petty grievances (Oh, he wasn't acknowledged for his valuable contributions, the injustice of it all, oh man, he was asked advice and didn't get recognition for it) really detracts from his credibility.
The issues around "Inclusion" merit their own discussion, but the second part was pure pettiness and had detracted from his credibility.On top of using people of color as window dressing, he said that BOF milked him for info promising him a cover and then reneged.