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Week in Review: Coach's bag-slashing controversy, LVMH's earnings and Vuori's $400 million fundraising round

The Glossy Podcast · with Danny Parisi · October 15, 2021 · 25 min

Summary

This episode dissects three major events impacting the fashion and ecommerce landscape: Coach's brand crisis due to bag destruction, LVMH's financial performance amidst supply chain woes, and Vuori's massive $400M funding round. For ecommerce operators, the episode offers crucial insights into managing brand perception, navigating supply chain disruptions, and understanding the dynamics of DTC growth and investment.

Key takeaways

Themes

dtc strategybrand & contentsupply chain & operationsfinance & fundraising

Topics covered

coach brand controversylvmh earnings reportvuori funding roundfashion waste & sustainabilityluxury brand managementsupply chain disruptionsdtc investment

Episode description

In this week's Week in Review podcast, fashion reporter Danny Parisi and editor-in-chief Jill Manoff discuss the biggest fashion news of the week. Topping the list is the viral backlash surrounding Coach's policy of slashing bags that get thrown out. After that, the pair talk LVMH's earnings, including what impact supply chain obstructions will have on the conglomerate and how Tiffany & Co. is performing. And finally, they address activewear brand Vuori's staggering $400 million funding round.

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Frequently asked about this episode

What does this episode say about dtc strategy?
Brands must anticipate and address public reaction to sustainability practices, as demonstrated by Coach's backlash over destroying unsold goods.
What does this episode say about brand & content?
Supply chain resilience is critical for global brands; LVMH's earnings highlight the impact of disruptions on even luxury conglomerates.
What does this episode say about supply chain & operations?
Significant venture capital is flowing into agile DTC brands like Vuori, emphasizing the importance of brand appeal and product innovation for securing investment and scaling.
What does this episode say about finance & fundraising?
Ethical considerations around waste and product lifecycle directly influence consumer trust and brand loyalty, particularly in the luxury sector.
What does this episode say about dtc strategy?
Financial performance analysis of major players like LVMH offers leading indicators for market trends and consumer behavior across the broader retail landscape.

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