Inside the Innovator’s Dilemma That Led to Coupang’s $500 Million Lifeline for Luxury Fashion Startup Farfetch – Inc.
Fashion News

Inside the Innovator’s Dilemma That Led to Coupang’s $500 Million Lifeline for Luxury Fashion Startup Farfetch – Inc.

Farfetch, the luxury fashion startup, is the latest to be saved from the brink of closure thanks to a $500 million lifeline from Coupang. Yet it wasn’t so long ago that Farfetch faced the innovator’s dilemma, which posed a difficult decision: stay at the same level of success or risk a major overhaul for potentially huge returns.

The Year Ahead: How Fashion Is Responding to the Return of Global Travel – The Business of Fashion
Fashion News

The Year Ahead: How Fashion Is Responding to the Return of Global Travel – The Business of Fashion

The world is ready to explore, after a year shrouded in uncertainty and isolation. Fashion is preparing to take new directions in 2021, responding to a greater push towards re-globalization and the return of real-world travel. What shifts will be made? What styles will emerge? As we enter this new era of global interaction, fashion is eager to shape its path.