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Discussions about the fashion industry thread

msg

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“Shop at Forever 21
But just turned Thirty”

No more
 

LA Guy

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gfmozart

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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.

“I think [Forever 21] is more a victim of people not wanting their clothes to fall apart,” said Bill Read, executive vice president of leasing, acquisitions and business development at Birmingham, Alabama-based Retail Specialists. “But I think they can survive if they right-size the ship and keep their better stores.

This is very true. they had decent stuff but it got progressively worse and worse.
 

cb200

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Too many stores. Dated brand. Debt. Low product quality. Lowering mall traffic. Too many options for customers with brands that are just doing business better for an injured brand to survive.
 

ter1413

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LA Guy

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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.
 

dieworkwear

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Those guys are just the streetwear version of people who used to raid NYC discount stores for Mabitex and sell them here.
 

LA Guy

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Interesting commentary here in regards to diversity and inclusion in the industry.
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.
 

London

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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.
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.
 

LA Guy

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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.
The issues around "Inclusion" merit their own discussion, but the second part was pure pettiness and had detracted from his credibility.

"Milked him for information", the way he described it, seems just like they were just getting his opinion on things. Unless you are going to act as an arranger, have privileged access, etc..., no one gets any pay for that. As for his not getting a cover - that happens regardless of race. Unless you have it in writing, if someone bigger comes along, you are going to get bumped. None of that is racial. That's just a personal grievance he has with BoF.
 

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