The past couple of months have been promising to young designers and apparel production in the American fashion capital. Andrew Rosen, chief executive of Theory, and the New York City Economic Development Corporation launched the Fashion Manufacturing Initiative, aimed at Read more…
My previous post on the Saks Fifth Avenue flagship store highlighted the importance of private label collections to a specialty retailer. Private label collections enable retailers to have greater flexibility with their merchandising strategy, more control over the quality of Read more…
The conversation around the Hudson’s Bay Company’s – owner of Lord & Taylor in the United States – acquisition of Saks Fifth Avenue has focused on the real estate value that Saks represents and the opportunity for the Hudson’s Bay Read more…
In his book “Crossing Fifth Avenue to Bergdorf Goodman”, the former CEO of the luxury specialty store wrote that there was always a “magic price” where the merchandise sold and the customer was happy and that a merchant’s job was Read more…
A recent article in the Atlantic raised alarm bells on the demise of retail jobs, observing that “retail employment is following a familiar path, one already beaten by farmers and factory workers”. However, pronouncing the death of the traditional retail Read more…