Saks Global, Inditex's fast fashion play, Richemont's success — and golf fashion with Malbon's founders
Description
On the Glossy Podcast, senior fashion reporter Danny Parisi and international reporter Zofia Zwieglinska break down some of the biggest fashion news of the week.
This week, we discuss the current state of Saks Global, including the appointment of a new CFO at a time when the company’s finances are under increased scrutiny. We also talk about Richemont’s better-than-expected earnings and what they indicate for the state of the luxury industry. And finally, we break down Inditex’s decision to expand its ultra-low-priced fashion brand Lefties into new markets to compete more broadly with Shein.
Later in the episode, we speak with Stephen and Erica Malbon, the co-founders of Malbon Golf. Malbon is known for its edgy, irreverent takes on traditional golf attire at a time when the sport is more popular than ever. Last year, one of Malbon’s athletes, Jason Day, was asked to change his Malbon vest on the course because it was too distracting, a fortuitous moment for a brand that’s intentionally trying to push the envelope of what golf attire can look like. Below are a few highlights from the conversation, lightly edited for clarity.
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