On Thursday, Amazon rode to the rescue of the beleaguered US industry — or at least one particularly challenged and particularly notable subsection: independent high-end designers. Along with Vogue and the Council of Fashion Designers of America, the e-commerce giant announced the unveiling of “Common Threads: Vogue x Amazon Fashion,” a new storefront featuring 20 buzzy creative names, including Batsheva Hay, Brock Collection, 3.1 Phillip Lim and Edie Parker. That closed in 2016, the year after Amazon teamed up with the CFDA to sponsor the first New York Men’s Fashion Week (a relationship that ended in 2017). That same year Amazon Fashion went all in with private label clothing, a category that now includes 111 different labels and 22,617 products, according to a report from Coresight Research. According to one participant, however, Amazon agreed to eliminate monthly fees, warehouse fees and packaging fees for the initiative.

Source: bd News24 May 15, 2020 09:11 UTC