• We would like to welcome Exquisite Trimmings as an official Affiliate Vendor. Exquisite Trimmings is a UK based purveyor of the very best in clothing and accessories, from gloves by Thomas Reimer to leather portfolios from Il Micio, to watch rolls by Rapport London. Please visit their new thread and give them a warm welcome.

  • STYLE. COMMUNITY. GREAT CLOTHING.

    Bored of counting likes on social networks? At Styleforum, you’ll find rousing discussions that go beyond strings of emojis.

    Click Here to join Styleforum's thousands of style enthusiasts today!

Discussions about the fashion industry thread

Texasmade

Distinguished Member
Joined
Apr 26, 2008
Messages
7,972
Reaction score
4,626
It sort of depends on how much the stores spent on premiums. While I don’t know for sure, I’m guessing BG and other high end retailers have better coverage to cover the losses over some of the smaller stores being hit.
 

dieworkwear

Mahatma Jawndi
Dubiously Honored
Joined
Apr 10, 2011
Messages
16,987
Reaction score
39,559
It sort of depends on how much the stores spent on premiums. While I don’t know for sure, I’m guessing BG and other high end retailers have better coverage to cover the losses over some of the smaller stores being hit.
I think most people aren't worried about massive corporations, but the effects on small businesses and especially small businesses owned by people from marginalized communities.

My family was caught up in the LA riots and our store got robbed. I can't remember if we had insurance, but the experience had a huge effect on our family.
 

clee1982

Stylish Dinosaur
Joined
Feb 22, 2009
Messages
16,415
Reaction score
4,150
well, NM is going through chapter 11, so I assume this will make BG's situation a bit more complicated...
 

Omega Male

Distinguished Member
Joined
May 30, 2013
Messages
4,402
Reaction score
7,756
My daughter discovered Depop through a friend and, as far as I can tell, has now sold most of her clothes -- without any shipping or handling fees. And she's making custom, hand-illustrated shipping labels so the cheerleader in Texas will get an extra kick from that Brandy Melville hoody. It's cute but the economics aren't looking great.
 

Fuuma

Franchouillard Modasse
Joined
Dec 20, 2004
Messages
26,652
Reaction score
12,898
My daughter discovered Depop through a friend and, as far as I can tell, has now sold most of her clothes -- without any shipping or handling fees. And she's making custom, hand-illustrated shipping labels so the cheerleader in Texas will get an extra kick from that Brandy Melville hoody. It's cute but the economics aren't looking great.
Brandy Melville is like the hottest brand right now no one on styleforum heard of unless they're in your situation....
 

jalebi

Active Member
Joined
Jan 25, 2020
Messages
36
Reaction score
3

Some choice quotes:

At Richard James, online sales are double what they are normally, says Dixon, but that does not nearly make up for the shortfall in in-store sales, and some staff have had to be furloughed.
Even before the virus outbreak, tailoring looked in trouble. Since 2016, suit sales in the UK have dropped by more than 24 per cent to £397m. According to Anusha Couttigane, Kantar’s principal analyst in EMEA fashion, the decline in suit sales started in the 2008-09 recession, and has been compounded by the growing casualisation of the workplace.
 

clee1982

Stylish Dinosaur
Joined
Feb 22, 2009
Messages
16,415
Reaction score
4,150
decline in suit sales started in the 2008-09 recession, I was always under the impression it blip up right after financial crisis, then steadily coming down again a bit later
 

Styleforum is proudly sponsored by

Featured Sponsor

What's your favorite summer fabric?

  • Seersucker

  • Fresco

  • Linen

  • Silk


Results are only viewable after voting.

Related Threads

Forum statistics

Threads
440,608
Messages
9,506,177
Members
198,998
Latest member
alekalder59
Top