Discussions about the fashion industry thread

[cb200]

So sounds like "Everlane" is getting a cash injection from private equity... terms of the $85 Million deal are not disclosed.

 

[gdl203]

So sounds like "Everlane" is getting a cash injection from private equity... terms of the $85 Million deal are not disclosed.

Hopefully at a valuation one would expect from the king of Blands

Welcome to Your Bland New World

Why do disruptive startups slavishly follow an identikit formula of business model, look and feel, and tone of voice? Because it works, sort of.

www.bloomberg.com

 

[Zamb]

So sounds like "Everlane" is getting a cash injection from private equity... terms of the $85 Million deal are not disclosed.

these brands are bullshit, their business model does not work and i don't know why these people continue to throw money at pretense.
Fashion needs a massive overhaul and facelift. most of these stores and companies are offering too much to the consumer, sqeezing workers in poorer countries and when they are failing, somehow gets money to bail them out till another problem develops

 

[sftiger]

They are very, very good at marketing though. And that appears to be what matters, from an investors' standpoint at least.

 

[Zamb]

They are very, very good at marketing though. And that appears to be what matters, from an investors' standpoint at least.

of course they are, Elizabeth Holmes was very good at marketing too

 

[clee1982]

well, I wouldn't go that far

 

[Fuuma]

loosig money making cheap e-commerce ready sweatpants is the new uber

 

[Sartorium]

Uber is torching money too, as is Netflix, probably still Twitter? Tech companies and investors are interested in owning the market and figuring out profitability later. They can probably all thank Facebook for making investors think that was a good model, including Everlane.

 

[bry2000]

No, they can thank Amazon for that.

 

[Zamb]

Uber is torching money too, as is Netflix, probably still Twitter? Tech companies and investors are interested in owning the market and figuring out profitability later. They can probably all thank Facebook for making investors think that was a good model, including Everlane.

And many will try this and fail.
A lot of times I read trade publications like BOF etc and watch them extoll the greatness and brilliance of what these companies offer, only to see them fail or their wrottenness be explodes with a lot of ‘splainin’ needed.
I remember Bruno PETERS did a brand called Honest, it didn’t work, because it couldn’t.
The Models that Everlane and those brands use are unworkable models.
But I remember years ago @Fuuma told a story about a Truck with Pants sold by Jewish Merchants and one man about 4th or 5th in the buying chain being an idiot who opened the truck to find out the pants had one leg and no good. Only to be told by the seller that it didn’t matter, the Truck with the pants only existed to be bought and sold and bought and sold, so he was a fool to open and inspect what was inside.
It’s the same thing.......

 

[sftiger]

Uber is torching money too, as is Netflix, probably still Twitter? Tech companies and investors are interested in owning the market and figuring out profitability later. They can probably all thank Facebook for making investors think that was a good model, including Everlane.

Both Facebook and Netflix have both been extremely profitable since the early days. I agree Uber is lighting money on fire though. That's what happens when your plan is to grow at all costs but don't have a competitive moat.

 

[London]

Both Facebook and Netflix have both been extremely profitable since the early days. I agree Uber is lighting money on fire though. That's what happens when your plan is to grow at all costs but don't have a competitive moat.

Netflix hasn't been extremely profitable.

 

[Mariokartfever]

Kamakura shirts closing its US operations

 

[thatboyo]

Wait, really?
I like their Madison Ave shop. Associates are a lot better than average retail experience.
Wonder how well store did since average worker seem to go to Charles thryit nearby.

 

[hpreston]

Kamakura shirts closing its US operations

Came here to post same. This is a shame as they offer a very high cost to qualtiy ratio. Shipping from Japan will still be possible, but not nearly as convenitent as having them shipped from the US.