Lean Luxe has learned that landlords, while they search for long term tenants, are warming up to short term leases with smaller modern luxury brands who’ve been scrappy enough to pitch them on these spaces.
Where the Nikes, Adidases, and even Under Armours of the world are complacent, Outlier picks up the technical clothing slack.
Neil Blumenthal and Dave Gilboa: “Warby’s next step could be telemedicine, and we want to be a pioneer.”
Having already conquered branding, retail, and product, Warby Parker is eyeing new frontiers as it gears up for international expansion and an inevitable IPO. One big opportunity for growth: telemedicine.
While some brands — for whom an IPO is merely a matter of time and an obvious next step — are tight-lipped and coy about their intentions to go public, The RealReal’s CEO Julie Wainwright is forthright on the matter.
‘The Future of Retail’: Highlights from the best panel at last month’s Monocle conference in Berlin.
In Berlin, Storefront’s Mohamed Haouache, Perfumer H’s Lyn Harris, and Sarah McNally of McNally Jackson brought the house down in a cracking, back-and-forth debate on what the future holds for high-end retail.
Several compelling brands and businesses were put on our radar at the Monocle conference in Berlin last month, but it was Austrian cycle enterprise, Vello, that stayed top of mind for us.
Armoury founder Mark Cho’s projects are characterized by a ravenous, curious, and detail minded approach, fueled by constant travel between New York, London, Hong Kong, and Tokyo.
Wilson has been forthcoming on Kit and Ace’s missteps in a PR push aimed to both raise his profile and build momentum for the debut of his new clothing brand arriving this fall.
Ana Andjelic: Legacy retailers define strategy in competitive terms. Retail upstarts define it in terms of their customer.
To successfully compete in today’s customer-first context, retailers have to start thinking beyond incremental innovation. They must become comfortable with new models that cannibalize their business as it is right now.