The Journal.

Inside Quince’s Quest to Sell Luxury Goods for Less

336 snips
Dec 1, 2025
Chavie Lieber, a Staff Reporter at The Wall Street Journal specializing in fashion and culture, dives into Quince's impressive ascent in the e-commerce realm. She discusses their unique business model that focuses on creating affordable dupes of luxury goods, the technology behind identifying best-sellers, and the strategic decision-making of CEO Sid Gupta. Lieber also touches on legal battles with competitors and how consumer behavior is shifting towards price over brand loyalty, suggesting a possible future where such trends dominate shopping choices.
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INSIGHT

Supply Chain Cuts Lower Prices

  • Quince cut costs by streamlining its supply chain and shipping directly from manufacturers.
  • Founders argued lower middlemen and inventory waste allow much lower consumer prices.
INSIGHT

Design For Longevity To Avoid Markdowns

  • Quince aims to design products with staying power so unsold inventory can be sold later.
  • This reduces markdown and offload costs that typically inflate retail prices.
INSIGHT

Traffic Can Outpace Brand Awareness

  • Quince's web traffic surpassed Lululemon with 28 million monthly visits.
  • High traffic shows strong demand despite being less of a household name.
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