Corporate Appropriation’ Overtakes Streetwear in Luxury Resale
The report found that shoppers are trading in women’s sneakers for ballet flats, mid-height heels and loafers. Similarly, the popularity of brands traditionally grouped in the “streetwear” category is waning: Supreme took a 25% dive in sales, while Off-White clocked a 34% dip year-over-year. Noelle Sciacca, associate director of fashion and strategic partnerships, attributed this decline to the death of Virgil Abloh and Kanye […]