The Next Generation of Resale Sites

Chanel Targeting Dubai, French Malls Require Vaccination

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WHAT YOU NEED TO KNOW TODAY: WEDNESDAY, AUGUST 18, 2021 A new generation of resale platforms is challenging The RealReal, Poshmark and other category giants by targeting niche audiences. Chinese festivals like Qixi offer valuable marketing opportunities but overzealous brands and a crowded shopping calendar are contributing to consumer fatigue. Chanel will show its 2022 Cruise collection in Dubai on November 2, underscoring its commitment to blockbuster runway shows in international markets. Shopping malls in Paris and large parts of France are requiring proof of vaccination or a negative test for entry. Japan's Gen-Z men spend around 20 percent more per month on cosmetics than the rest of the population.

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RETAIL The Next Generation of Resale Sites By Chavie Lieber

Investors are backing resale platforms that go after niche categories like formalwear, kidswear and outdoors apparel as the resale market continues to grow READ MORE

CHINA Brands Must Rethink Their Approach to Chinese Festivals By Queennie Yang and Casey Hall

Qixi and other festivals offer valuable marketing opportunities but a crowded shopping calendar and overzealous brands are contributing to consumer fatigue. READ MORE

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NEWS BRIEFS Digital Design Firm Browzwear Raises $35 Million Allbirds Expands into Activewear French Shopping Malls To Require Covid-19 Health Pass Internet Giant Mail.ru Group Invests $60 Million in AliExpress Russia Japan's Gen-Z Men Spend 20 Percent More on Makeup South Africa's Truworths Says Half of Looted Stores Re-Opened Kris Wu Arrested Following Rape Allegations Chanel To Show Cruise Collection in Dubai China's Navy Launches Clothing Line Celebrating Aircraft Carrier India's Future Retail Sees Q1 Losses Widen

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