Ryan Babenzien has built two brands with strong direct-to-consumer businesses: the sneaker brand Greats, which he sold in 2019, and the shower filter brand Jolie he co-founded in 2022. But even he knows the channel has its limits.
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The lawsuit had accused the cosmetic giant of defrauding shareholders by concealing its over-dependence on improper grey-market sales in China. Source link
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As the pipeline to scaling a fashion business grows more precarious, some designers are ditching the pursuit of global prestige in favour of a slower […]