Entireworld, Fashion's Fav Basics Brand, is Going Out Of Business

  • 📰 wmag
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Scott Sternberg founded Entireworld in 2018, after the dissolution of his previous brand, Band of Outsiders.

by the fashion press and couldn’t keep its sweats in stock, Sternberg hinted at the brand’s financial troubles in that same story, calling it a “constant series of disappointing conversations.” Two key investors backed out during the early pandemic months, and he lamented that his basics brand wasn’t “sexy” enough to catch investors’ eyes. “Investors want something disruptive,” he said.

In the email, Sternberg explained that a recent acquisition deal, which would have allowed Entireworld to scale, had “disappeared in a flash,” forcing him to shutter their California-based factory. As the brand winds down, they’re now slashing prices up to 70% on remaining stock, and Sternerg indicated that more pieces would be available on the site within the next two weeks. As of press time, plenty of sizes and colorways are still left.

It’s a heartbreaking end for the company, which he called “something ambitious and beautiful, a little odd, not quite perfect, but always full of love.” Comparisons to the demise of Band of Outsiders are inevitable, but hopefully fashion hasn’t seen the end of Sternberg’s singular vision.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 723. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines