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Week in Review: Nike's Travis Scott problem, Faire's big fundraising round, Bottega's new creative director and an inside look at Shein

The Glossy Podcast · November 19, 2021 · 21 min

Summary

This episode breaks down major headlines in the fashion and ecommerce world, offering critical insights into brand partnerships, the growth of wholesale marketplaces like Faire, and the ethical dilemmas of fast fashion giant Shein. Ecommerce operators will gain perspective on managing brand reputation through collaborations, understanding the investment landscape for B2B platforms, and navigating the complexities of ethical supply chains and rapid growth.

Key takeaways

Themes

finance & fundraisingbrand & contentsupply chain & operations

Topics covered

celebrity brand collaborationswholesale marketplace growthfast fashion ethicsventure capital in ecommercebrand reputation managementcreative direction in luxury fashion

Episode description

On the Glossy Week in Review podcast, hosts Danny Parisi and Zofia Zwieglinska break down some of the biggest fashion news stories of the week. In this week's episode: Nike paused its Travis Scott collaborations, wholesale marketplace Faire raised $400 million and Bottega Veneta got a new creative director (while rumors swirled about why Daniel Lee left so abruptly). Plus, a closer look at Shein's massive -- and unethical -- growth.

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Frequently asked about this episode

What does this episode say about finance & fundraising?
Evaluate brand partnerships beyond immediate revenue, carefully considering potential reputational risks and aligning with long-term brand values, as seen with Nike's Travis Scott collaboration.
What does this episode say about brand & content?
Examine the potential of wholesale marketplaces to streamline procurement and reach new suppliers, understanding how platforms like Faire are attracting significant investment and reshaping B2B commerce.
What does this episode say about supply chain & operations?
Analyze the ethical implications of fast fashion business models, recognizing the challenges and criticisms surrounding rapid growth, labor practices, and environmental impact when developing your own supply chain strategy.
What does this episode say about finance & fundraising?
Understand how venture capital funding signals growth areas in ecommerce tech, particularly for platforms that solve B2B pain points, indicating opportunities for innovation and investment.
What does this episode say about finance & fundraising?
Consider the strategic importance of creative leadership in maintaining brand identity and market relevance, especially in industries driven by design and consumer perception.

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