High Street Archive

Banana Republic Pins Hopes on Olivia Palermo

SAN FRANCISCO, United States — Banana Republic has announced Olivia Palermo as its first women’s global style ambassador. The appointment is part of the retailer’s efforts to address some of the challenges it has faced in recent years, including falling sales, over-diversified product offerings and increased competition. In choosing Palermo, the company is hoping to cash in on the style influencer’s uncanny ability to convert …

The Rise of Indie Fast Fashion

NEW YORK, United States — The rise of fast fashion has been nothing short of meteoric. Over the last decade, giants like Zara and H&M have conquered large parts of the market thanks to a powerful mix of runway-inspired product, cut-rate prices and large store networks. Now, a wave of indie, low-cost fashion players armed with e-commerce — from Style Mafia and Finery London to …