Based on strong “traffic, sales and customer engagement” at the Group’s co-branded REVOLVE and FWRD store in Aspen, which started as a pop-up in December, the company sees potential in the “new market opportunity” that stores present, according to Michael Mente, Revolve Group co-founder and co-CEO. In addition, the company is considering additional brand acquisitions after taking an 80% stake in luxury brand Alexandre Vauthier in June.
About us
Glossy is a daily publication exploring the intersection of fashion, luxury and technology. Launched in 2016 by Digiday Media, Glossy covers this intersection with sophistication, depth and honesty -- and a bit of fun. Digital is the impetus behind almost every decision right now: With online sales of luxury goods growing four times faster than offline, where brands spend their money and their resources has shifted as well, and Glossy will be covering it every step of the way.
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http://glossy.co/
External link for Glossy
- Industry
- Business Content
- Company size
- 51-200 employees
- Headquarters
- New York City, NY
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- Privately Held
- Founded
- 2016
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- Beauty
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26 Mercer Street
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Updates
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Aaron Rajan, vp of go-to-market technology at Unilever, said the company’s commitment to AI is a means to create personalized consumer experiences and drive growth. Technology is powering a digital beauty revolution and changing how brands communicate, he said. And, “by delivering breakthrough immersive beauty experiences, we can drive science, build desirability and deliver cut-through in an unexpected way.”
Unilever's investments in consumer-facing AI tools are paying off
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This week, Jonathan Simkhai joined Jill Manoff on The Glossy Podcast to discuss why he values time in his brand’s stores, why specialty stores have an advantage over department stores and why experimentation is important to a modern fashion business. Listen to the full episode here: https://buff.ly/3yjZfw8
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“They’d never pay for product without receiving it [first],” said Ryan Babenzien, the entrepreneur behind the men’s sneaker brand Greats and the beauty and wellness company Jolie. “But if the situation were reversed, they would no doubt get legally aggressive with us. I don’t want Saks to fail, but when retailers behave like this, it erodes the trust between them and brands.”
Saks Fifth Avenue owes hundreds of thousands of dollars to dozens of brands
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In this edition of the Glossy+ Research Briefing, we analyze Meta’s second-quarter earnings release and highlight new findings about marketers’ use of Meta, as seen in Glossy+ Research’s CMO Strategies series on social media usage and metrics.
Meta continues to lead the digital ad market
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Raising money for a startup is a lot harder than it used to be. Throughout the 2010s, low interest rates meant that investors and venture capitalists were freer with their investments. Countless companies were able to secure tens of millions in funding. But in recent years, that’s significantly changed. VC investment levels dropped 35% between 2022 and 2023. And founders have reported that it’s harder to get investment now than ever (unless you mention AI in your pitch, some say).
Confessions from the fundraising trenches: 'When you’re a first-time founder, you take what you can get'
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This week, we recap the Copenhagen Fashion Week highlights, discuss why Ralph Lauren is proving an exception to luxury's slump and break down the brand strategies that won the back-to-school shopping season.
Week in Review: The Copenhagen shows, Ralph Lauren's earnings and back-to-school's standout strategies
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Copenhagen Fashion Week, taking place this week from August 5-9, has become a go-to event for #Scandinavian brands looking to expand their influence on the global stage. This week, two groups of brands defined the runways: brands that have remained strong, showing season after season, and brands that returned to #CFW after struggling with wholesale partnerships and growth. #fashion In this piece by Zofia Zwieglinska, we speak to rikke baumgarten of Baum und Pferdgarten, Denise Christensen of Birger Christensen Collective , and rebekka bay of Marimekko.
How Copenhagen Fashion Week brands are overcoming industry challenges
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In 2019, Seed Health, the direct-to-consumer probiotic in the dark green container — you’ve probably seen it on Instagram — launched Seed University, a program focused on microbiome education conducted entirely via Instagram Stories. The vision was to give creators factual information about products and prevent the further spread of misinformation on social media. The brand itself has 360,000 Instagram followers, while the @seeduniversity account has 13,000. “We’ve always felt that knowledge is agency,” said Ara Katz, Seed’s co-founder and co-CEO. “When you understand something deeply, you can make better choices for yourself and your body.” In this piece by Sara Spruch-Feiner, we also speak to Julie Sawaya of Needed.
Should health and wellness brands require influencer education?
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If you’ve been on X, formerly known as Twitter, and have even a passing interest in menswear, you’re probably familiar with the work of Derek Guy. The writer and creator of the #menswear blog Die, Workwear! has become something of an authoritative voice on the matters of collar gaps, pant silhouettes and the unforgivable crime of putting rubber sneaker soles on a dress shoe. His threads on X, where he critiques the outfits of public figures — usually particularly odious ones like Florida state representative Matt Gaetz, who was accused in 2020 of sex trafficking, and political consultant and convicted felon Roger Stone — have drawn both praise from menswear enthusiasts and the ire of the subjects in question. They’ve also drawn a large amount of engagement, with tens of thousands of likes and reposts across Guy’s posts from his over 1 million X followers. Read more: https://buff.ly/4dcnqvq
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