Resale marketplace The RealReal’s latest annual report has highlighted a shift towards high-value items during the Covid-19 pandemic, as well as other trends, including the rise of stealth luxury and luxury streetwear.
It’s been a weird year for fashion retail so far and Q2 in particular saw unprecedented global conditions, so it’s no surprise that the new Lyst Index is different from usual with Nike and Birkenstock's riding high.
Buy now, pay later payments specialist Klarna is launching a campaign targeting sneakerheads in which it will see five sought-after sneakers raffled off to “true sneaker lovers, who will enter using their heartbeat”.
Set to launch in Gap stores and on gap.com in 2021, the Yeezy Gap line will offer a range of "modern, elevated basics for men, women and kids" designed by West and the Yeezy design studio, the partners said.
The US sport retailer’s sales plummeted in the quarter which ended on May 2, falling by 43%. Stores are gradually reopening, but a major overhaul is on the cards, including closure of the Runners Point chain in Germany.