Highsnobiety is calling an end to its days as a multi-brand retailer. Highsnobiety launched e-commerce in 2019, looking to translate its cultural authority into product sales. E-commerce remains less than 10 percent of Highsnobiety’s revenue today. Closing the division will allow the company to direct those resources to other uses, Fischer said. Brands that have hosted events there in the past include Acne Studios, Nike and New Balance.