Marc Bain
Quartz
Brooklyn, NY, United States
Contact Marc
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Past articles by Marc:
Xi’s crackdown on wealth inequality has luxury investors scared
News of Chinese president Xi Jinping's crackdown on wealth inequality prompted a selloff of luxury stocks amid concerns it could hurt sales among the industry's biggest shoppers. → Read More
With new stores, Amazon is trying to take over as much of retail as possible
Amazon's ambitions have always been bigger than just dominating e-commerce. → Read More
Why Walmart’s e-commerce growth is cooling off while Amazon is still on fire
Walmart's rapid growth helped it stand out as a genuine competitor to Amazon online. → Read More
Shenzhen is paying online businesses to sell somewhere besides Amazon
In the wake of Amazon's ban on Chinese companies over abuses of its review system, Shenzhen is offering businesses cash to set up independent shops. → Read More
Ethical consumption can’t be the burden of shoppers alone
Consumers are often the ones left to police companies through their purchases, but advocates of government regulation say the approach isn't working. → Read More
Reebok has yet another new owner
Adidas said it is selling Reebok to Authentic Brands Group for up to $2.5 billion. → Read More
Fashion resale startups have more potential than profits
While sales rise at The RealReal, Poshmark, and ThredUp, consistent profits remain harder to come by. → Read More
Greta Thunberg is using her Vogue cover to go after fast fashion
Greta Thunberg used her cover turn at Vogue Scandinavia to go after fast fashion for "green washing." → Read More
Levi’s surrenders to the inevitability of yoga pants
Levi's said its purchase of Beyond Yoga allows it to diversify its business and break into the thriving activewear market. → Read More
How LVMH helped make Rihanna a billionaire
Rihanna and LVMH have created a powerful partnership that's made both of them a lot of money. → Read More
Louis Vuitton is the latest luxury brand to make its own video game
To celebrate the 200th birthday of Louis Vuitton—and to reach new audiences—the company has released "Louis 200," a video game for iOS and Android. → Read More
Foot Locker is breaking into Japan’s sneakerhead culture
Foot Locker also said its acquisition of atmos means "potential for Foot Locker, Inc. collaborations." → Read More
Amazon’s service sales are about to eclipse its product sales
Amazon is known for selling a huge range of stuff like books, TVs, diapers, and more, but a growing share of its sales fall into what the company calls services. → Read More
Does Walmart have a future as a tech company?
The move is a way for Walmart to make money from tools it originally built for its own use in its bid to transform its business for the digital era and keep pace with Amazon. → Read More
How Robinhood’s IPO “roadshow” was different from most
The virtual, livestream format of Robinhood's "roadshow" ahead of its IPO sent a message to both existing customers and interested investors. → Read More
The first Olympic gold medal in skateboarding went to a Nike athlete
Japan's Yuto Horigome, sponsored by Nike, beat out competition from Brazil and the US in the street skating competition. → Read More
Video game themes are the soundtrack to the Tokyo Olympics
A medley of themes from popular Japanese video games welcomed the athletes as they entered the stadium during the opening ceremony of the Tokyo Olympics. → Read More
Let the fashion Olympics begin
The US will be wearing Ralph Lauren, Italy will be in Armani, and Canada will wear denim jackets. → Read More
LVMH is giving Virgil Abloh his dream job
LVMH and Virgil Abloh, founder of Off-White, have announced a greatly expanded partnership. → Read More
Is Nike really facing a sneaker shortage?
Some of Nike's supplier factories in Vietnam have closed due to Covid outbreaks, but Nike has a diversified manufacturing base. → Read More