Amazon launches Common Threads fashion store with Vogue and CFDA
On May 13, 2020, Amazon introduced Common Threads: Vogue x Amazon Fashion, showcasing 20 independent designers, including Batsheva Hay and Derek Lam 10 Crosby. In collaboration with Vogue America and the Council of Fashion Designers of America, this initiative is designed to assist brands at risk of bankruptcy due to store closures caused by COVID-19. Jeff Bezos, the CEO of Amazon, aims to penetrate the high fashion sector, even though the industry has historically regarded the platform as lacking glamour. With 112 million members in the US, Amazon Prime constitutes nearly 40% of the country's e-commerce, reporting a net profit of $2.5 billion in Q1 2020. The landing page features content endorsed by Vogue. Additionally, the British Fashion Council has suggested a plan to nurture emerging British talent via Amazon.
Key facts
- Amazon launched Common Threads: Vogue x Amazon Fashion on May 13, 2020
- The store features 20 independent designers including Batsheva Hay, Chloe Gosselin, Derek Lam 10 Crosby, Jonathan Cohen, Tabitha Simmons, Alejandra Alonso Rojas, Victor Glemaud, Brock Collection, 3.1 Phillip Lim, and Edie Parker
- The initiative was developed with Vogue America and the Council of Fashion Designers of America
- Many of the brands face bankruptcy risk due to COVID-19 store closures
- Amazon Prime has 112 million US members
- Amazon accounts for nearly 40% of US e-commerce spending
- Amazon reported a net profit of $2.5 billion in Q1 2020
- The British Fashion Council approached Amazon after the US launch to support young British talent
Entities
Artists
- Batsheva Hay
- Chloe Gosselin
- Derek Lam
- Jonathan Cohen
- Tabitha Simmons
- Alejandra Alonso Rojas
- Victor Glemaud
- Brock Collection
- 3.1 Phillip Lim
- Edie Parker
- Jeff Bezos
Institutions
- Amazon
- Vogue America
- Council of Fashion Designers of America
- Net-a-Porter
- Zappos
- Shopbop
- British Fashion Council
- Amazon Fashion
- Amazon Launchpad
Locations
- United States
- England