Global Fashion Group Bets 2020’s Online Shopping Boom Is Set to Last

A Lamoda delivery. Collage by BoF.

Global Fashion Group SA, a fashion retailer with ambitions to emulate European giant Zalando SE in emerging markets, has made a big bet that the pandemic-fuelled boom in online shopping is here to stay.

The Luxembourg-based company has channeled much of its 2020 windfall into infrastructure by building new warehouses or expanding existing facilities in six of the nine markets where it operates fulfilment centres, co-chief executive officer Christoph Barchewitz said in an interview.

Like Zalando, Global Fashion’s largest shareholder is Kinnevik AB, which invests in online businesses spanning wine to classifieds worldwide. While Global Fashion’s customers currently place orders just 2.5 times per year, Zalando’s rate is almost twice that, Barchewitz said, and the share of the population served in each of his markets is just about 1.5 percent, a fraction of the Berlin-based retailer’s.

“That shows where we want to go,” the

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Stylist Brad Goreski Reveals His Predictions for a New Era Fashion – E! Online

“There’s a lot of bright colors,” he shares, before adding his other predictions, “There’s another big push for florals again this year. Everything from very feminine day dresses to athleisure, like all floral sweat suits. The bold shoulder is definitely here to stay, which is great for the Zoom culture we’re living in right now.”

“Pastels are also super big,” he continues, “I like all the pale pink, pale lavender, pale greens, pale yellows, there’s something super romantic about those. Tie dye is definitely here to stay as well and I’m also loving the patchwork trend—whether it’s a patchwork suede bag or boot.”

In fact, Brad jokes he’s ready to fill up his closet with some new items this season. He confesses, “I’ve got a pastel lavender suit in my shopping cart right now that I’m going to check out.”

Luckily, he’s partnered with Capital One Shopping, which makes that

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That Looks is an online shop bringing 90s catalogues into the digital era

Photos courtesy of That Looks.

Remember the 90s’ heyday of the Delia’s catalogue? The excitement when it finally appeared in the mail. Flipping through each page, relishing each ineffably cool look and planning the new school year in outfits. There’s something so inspiring, sartorially-speaking, about the 90s clothing catalogue. It’s the same magic — the story-telling, the intricate creation of a mood — that also characterizes fashion magazine editorials. Since the death of the catalogue — phone lines swapped out for dial-up connections — it’s a spark that’s been missing from the online retail experience. And it’s a spark that New Zealand-based model and entrepreneur Becca Haeger is trying to rekindle through her new, ultra-stylized e-shop That Looks.

At age 17, Becca was discovered by a model scout while shopping at a department store in her native Auckland. It was through modelling that she discovered a love

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German online fashion retailer Zalando raises full year guidance

(Reuters) – German online fashion retailer Zalando SE increased its full year earnings guidance on Wednesday, as the coronavirus pandemic prompts more people to shop online.

The company said it expects to grow gross merchandise volume (GMV) by 20% to 25% and revenue by 15% to 20% in 2020, up from its guidance from May 6 when the company had expected GMV and revenue growth of 10% to 20%.

Europe’s biggest online-only fashion retailer said it expects adjusted earnings before interest and tax (EBIT) of 250-300 million euros for the full year.

The company said that based on preliminary figures for the second quarter, it has grown GMV by 32% to 34% to 2.67-2.71 billion euros and group revenues by 26% to 28% to 2.01-2.05 billion euros, adding it expects a second quarter adjusted EBIT in the range of 200-220 million euros.

The company’s financial results for the second quarter

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