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Must Read: Farfetch Invests in Neiman Marcus Group, How Subscription-Based Business Models Tackle Sustainability Issues

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How subscription-based business models tackle sustainability issues:

Telfar

recently relased a new "it" accessory, which came under fire for its $567 price tag. Scarlett Newman delves into the deep-seated issue of the price tag concern for The Cut, writing that there is a "disconnect between luxury and accessibility in the way people view not only Telfar but Black-owned luxury brands in general." Telfar's price increase, like those of other luxury brands, is due to supply-chain issues and a lack of raw materials, Newman explains.

 

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