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The economics of building a fashion empire have broken down. (more…)
Men’s custom-apparel firm Knot Standard will open a shop-in-shop inside Bloomingdale’s on Oct. 31.
According to John Ballay, who cofounded the firm in 2010, the company also has expanded to include a virtual studio that allows men to digitally (more…)
Menswear retailer Knot Standard is merging a high-tech approach with old-world tailoring to virtually recreate the Savile Row experience.
Dubbed the “Tesla of menswear,” Knot Standard is ahead of the competition in terms of its focus on customer experience and product customization, without the sacrifice of quality and service. To stay further ahead of the curve, Knot Standard has recently launched a new online studio that (more…)
NEW YORK — Wednesday is the big unveil at the Museum of Modern Art, and it’s not another Picasso show. It’s all about the “super-regional” Al Maryah Central development in Abu Dhabi, where Macy’s is launching its first international store and Bloomingdale’s will open its second.
At 21, Maria Sharapova was in a hospital bed. She’d just gotten through a major shoulder surgery, and with three grand slam tennis titles behind her (now she’s at five), she was getting antsy.
“It was the first time I didn’t do something every day,” she says. ”I realized it’s been great to be a part of associations and be a (more…)
ETHICAL LUXURY: Naadam launched last year as a direct-to-consumer, sustainably sourced cashmere label, but cofounder and chief executive officer Matt Scanlan always had his sights set on expanding to other fiber supply chains beyond cashmere. The company will accomplish that with its new collection, Studio by Naadam, launching this spring.
In February 2016, Barneys New York opened its 58,000-square-foot Chelsea flagship in the hopes of wooing the city’s tech elite working just blocks away at companies like Google and IAC/InterActiveCorp. This past week, Saks Fifth Avenue made an even more aggressive move, cutting the ribbon on an 86,000-square-foot flagship in Brookfield Place, an upscale mall near the financial district. These two stalwarts of American luxury retail have also made significant upgrades (more…)
Nothing like a little success to up the style quotient. When country music duo Maddie & Tae first made the charts with their hit “Girl in a Country Song” in 2014, they were still teenagers who liked to shop at mall retailers and off-pricers. Fast forward to today and the twentysomethings are touring the country, working on their second album and promoting the launch of their capsule collection with Bloomingdale’s, Aqua x Maddie & Tae, which is targeted to a Millennial girl with a youthful sense of adventure. (more…)
This Macy’s will be unlike any other,” said Ken Himmel, comanaging partner of Gulf Related, the developer behind Al Maryah Central, which will feature Macy’s as one of its anchor tenants. The department store will be entering the market in a franchise partnership with the Al Tayer Group, (more…)
Brands aren’t waiting for Pokémon Go to activate its promised in-game advertising, not when the craze is white-hot today — and could burn out tomorrow.
Marketers from T-Mobile to Simon Malls are capitalizing on the smartphone game, (more…)
Two American firms participating in Viva Technology Paris believe that luxury firms are finally embracing technology.
Orchard Mile and Swoonery are two of nine American firms selected to give five-minute presentations at (more…)
LONDON — Value Retail Management Ltd., which runs designer outlets across Europe, has partnered with Shanghai Shendi Group, which operates Shanghai International Tourism and Resort Zone on Shanghai Village, a new shopping destination, which will debut on May 19. (more…)
Value Retail is in expansion mode.
According to chief executive officer Desirée Bollier, the company specialized in the development of luxury outlet shopping destinations (more…)
The beauty businesses founded by Princess Marcella Borghese in the Fifties, Borghese, is aiming its new line of mud and sheet masks at a younger consumer as part of a turnaround effort. The new lineup is launching exclusively with Macy’s. (more…)
“It was about a niche, a hole in the market that made it ridiculous that this didn’t exist, that drove us to come out and say, “Hey, there is a market void that needs to be filled in custom men’s wear,’” said John Ballay, founder of men’s apparel company Knot Standard, about why he started his company. (more…)
Ralph Lauren is the inaugural lecturer in the new Marvin Traub Lecture for Innovation hosted by Parsons School of Design tonight. It’s a fitting choice for a debut speaker, given Lauren’s deep connection to Bloomingdale’s and the late Traub, who served as the store’s chief executive officer and president for more than 20 years. (more…)
NEW YORK — Marvin Traub Associates has joined forces with Bruce H. Ross and John D. Goodman to establish Traub Celebrity Group, a business development and advisory firm dedicated to working with celebrities and athletes to guide and develop global branded opportunities. (more…)
MACY’S, a holdout on the international scene, has finally decided to open an overseas store, which will be in Abu Dhabi, WWD has learned. (more…)
NEW YORK — Stephen I. Sadove, the former chairman and chief executive officer of Saks Inc., has joined Marvin Traub Associates as cofounder and head of Traub Accelerator, a new division focused on technology and innovation. (more…)
Comptoir des Cotonniers said today it would open 10,000 stores overnight — virtually, that is. (more…)