Daily LInks
1. The RealReal is still battling fakes: The company’s business is only sustainable if consumers believe what they’re buying is authentic. It would make sense for it to spare no expense in authenticating every product, but the vast range of product knowledge required for successful authentication of millions of products is challenging to maintain all in one place. – Read More on Forbes
2. Ashley Graham on How the Fashion Industry Fails Normal-Sized Women: “There is a lot of change that’s happened, [but] it’s just still not enough, the fact that we’re still praising designers for that one curvy girl for that one season…. Designers want to say, ‘This is our sample size and this is what it is.; But they’re the ones who actually get to structure how they run their business.” – Read More on the WSJ
3. RETRO READ: How Have ‘Model Health’ Laws Actually Impacted the Fashion Industry? The French law has not necessarily mastered this balance, but it is “a useful French regulatory development in principle,” particularly given that it has been supplemented by voluntary charters adopted by certain private groups, namely, the September 2017 charter put forth by LVMH and Kering, which “go beyond the applicable legislation to frame concrete situations and unify practices.” – Read More on TFL
4. Crocs became a pandemic staple, but CEO Andrew Rees optimistic its new fans will stick around: Crocs have been called the “it” shoe of the pandemic, and its latest results showed huge sales gains. Still, the company’s stock is down more than 3 percent on Tuesday, amid concerns its pandemic boost could fade. – Read More on CNBC
5. LVMH-Backed L Catterton Said to Near Deal to Buy Birkenstock: L Catterton, the private equity firm backed by luxury French fashion house LVMH, is nearing an agreement to acquire iconic German sandal maker Birkenstock, people with knowledge of the matter said. – Read More on Bloomberg
