Dear BoF Community,
As the pandemic reshapes the fashion industry, venture capitalists are placing big bets on where consumer spending goes next. Anything connected to health and wellness is hot, while direct-to-consumer brands which were losing ground a year ago for failing to deliver on their growth and profitability targets are making a come-back with investors, who are also eyeing the back-end tech that supports e-commerce as online sales boom. Cathaleen Chen breaks down the biggest investment trends in fashion.
Sarah Kent, Senior Correspondent
P.S. How to make sense of 2020 as the pandemic rewires the fashion system, retail and life at large? Join us for VOICES 2020, featuring the most authoritative speakers from inside and outside fashion on the global economy, politics, technology, retail and health & wellbeing.
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