Ted Baker is taking a big step on Thursday as it debuts Live Video Shopping for customers in the UK in a deal with Bambuser, the company that also worked with Bestseller on its recent debut in this channel.
Like many other online fashion retailers, Farfetch saw soaring demand last year and said on Thursday that its 2020 gross merchandise value topped $3bn, up 49% year-on-year. Meanwhile revenue rose 64% to $1.7bn.
As it celebrates its fifth anniversary, resale platform StockX has released a report tracking the evolution of the market since it launched, highlighting trends including the skyrocketing popularity of women’s sneakers.
In February, the auction house Sotheby's will sell a pair of sneakers designed exclusively for the 44th President of the United States -- a particularly rare pair that could attract much attention from collectors.
In three years, the site created by David Benhaim and Michael Holzmann has become a key player in the French resale market. After growing by over 200% last year, Wethenew is now setting its sights on the rest of Europe.