The Glossy Podcast Glossy

As the co-founder and CEO of 20-year-old luxury fashion resale company Fashionphile, Ben Hemminger has seen the business from its early-stage scrappiness to clearing the $400 million in revenue mark in 2021.
Hemminger told Glossy that the company has been profitable since its inception, and resale's growing popularity has undoubtedly helped. According to Statista, the global secondhand market will be worth at least $100 billion by 2026.
With new-to-market competitors cashing in on consumers' increased demand for resale accessories and apparel, Fashionphile is now shifting its focus to acquire new customers and maintain relevancy in the marketplace. Last year, the company announced the acquisition of Canadian-based resale company LXRandCo, Inc., and in March, it purchased the assets of wholesale distributor Two Authenticators Inc. Both moves signal Fashionphile's new focus on B2B wholesale.
On this week’s episode of the Glossy Podcast, Ben Hemminger discusses how Fashionphile is evolving its business model to compete with new competitors and what the recent acquisitions mean for the company's future.

On the Glossy Week in Review 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 talk about the possibility that De Beers’s parent company may spin it out into an independent company, the return of the Victoria’s Secret Fashion Show and the continued allegations of abuse at Shein.

On the week’s episode of the Glossy Podcast, Shannon Savage and Laura Low Ah Kee discuss how their long careers at Lululemon led to the launch of their now 6-year-old premium active swimwear brand, Left On Friday. Savage and Low Ah Kee originally bootstrapped the business, which has remained on a growth trajectory and is profitable. And they’re hopeful that their marketing plans for 2024 will fuel even greater brand growth. For starters, Left On Friday will have a strong presence at the Summer Olympics as the outfitter of the Team Canada Beach Volleyball team. 

On the Glossy Week in Review podcast, senior fashion reporter Danny Parisi and editor-in-chief Jill Manoff break down some of the biggest fashion news of the week.
This week is all about the Met Gala. The event on Monday proved a big marketing moment for luxury brands like Loewe, as well as a surprising number of mass-market brands including H&M and Gap. We discuss the most interesting looks, the trends that the Met Gala foreshadows and the narrowly averted Condé Nast strike that would have disrupted the night.

On this week’s Glossy Podcast, Scott Lux, global evp of e-commerce, technology and innovation at Esprit, discussed his role in the brand’s current attempt at a comeback in the U.S. market — Esprit had its heyday in the states in the 1980s. 
According to Lux, Esprit’s local strategies include getting in front of target customers, getting consumers to engage with the brand, and allowing consumers to shop wherever and whenever they’d like. But, he acknowledged, “retail is hard,” and “e-commerce is expensive.”

On the Glossy Week in Review podcast, senior fashion reporter Danny Parisi and editor-in-chief Jill Manoff break down some of the biggest fashion news of the week.
This week, we talk about the perils of unregulated AI, the rumors of LVMH offloading Marc Jacobs and the immense growth (and pitfalls) of TikTok Shop.