Former CEO JJ Wilson gets candid about the internal disfunction at Kit and Ace.
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.
Fulfillment troubles fester at Combatant Gent.
Grooms and wedding guests have been left in the lurch. Customers, burned by the brand, have started raising pitchforks on Reddit. One disgruntled man is even threatening a class-action lawsuit.
Liz Segran delivers the verdict on six women’s officewear brands.
As we tend to emphasize frequently, she’s always on the mark, and fewer reporters, save for Forbes’ Vivienne Decker, do it better when covering the modern luxury sector than Ms. Segran.
In the midst of turmoil for peers Paddle8 and Auctionata, online art auction house Artsy just raised a $50M Series D.
None of the recent turmoil that’s affected fellow online art auction houses Paddle8 and Auctionata has seemed to dim Artsy’s outlook, and investors seem to be anything but nervous about its prospects.
Scoop: Away’s new brand extension: A quarterly travel magazine called Here.
Like Airbnb before them, Away has decided to put out a quarterly print magazine, also about travel, in a bid to give the brand more lifestyle credibility.
Is Tovala the next Juicero?
You’ll excuse us for being reminded of Juicero — the I’ll-fated $400 juice presser — when we came across Tovala’s launch this week.
Glossier goes global: Canada, the UK, and France are all on the docket.
Glossier is still only three years old, and is expanding internationally at a time when most older MLCs (modern luxury companies) and DTC brands are still only shipping domestically.
Care/of scoops up $12M in a new Series A, its second fundraise since November.
At this point, at least in terms of valuation and momentum, it’s easy to argue that Care/of is currently king of the hill in the new emerging premium supplements and vitamins space.
Camp David: Mazdack Rassi’s latest project, an anti-WeWork, signals a newer (more upscale) Brooklyn.
Our Perceptive Shopper columnist Kyle Chayka visits Brooklyn’s new co-working hub and discovers that it’s less about bohemian Brooklyn, and far more about creating a Mad Men-esque playground. (606 words)
