department store – Signature9 http://198.46.88.49 Lifestyle Intelligence Tue, 13 Jul 2010 18:19:34 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.4 Marc Jacobs is the Latest to Finally Relent to the Internet http://198.46.88.49/style/fashion/marc-jacobs-is-the-latest-to-finally-relent-to-the-internet http://198.46.88.49/style/fashion/marc-jacobs-is-the-latest-to-finally-relent-to-the-internet#comments Tue, 13 Jul 2010 18:19:30 +0000 http://198.46.88.49/?p=14020 The Marc Jacobs fashion label is worth an estimated $5 million, but up to this point the brand had no e-commerce store of its own. The top American fashion designer’s lack of online retail until now is actually more interesting than the recent news that marcjacobs.com will begin selling clothes this September. In any other industry, just now breaking into e-commerce would be totally unheard of, ironic, inexcusable and perplexing.

Come September, consumers can purchase directly from marcjacobs.com

Reluctance to embrace technology and the Internet, however, has been the norm for luxury fashion brands. Most labels feared department stores would be angry if designers and their wealthy customers dealt directly with one another. A large number of brands relied on department store sites and others like Net-a-Porter to sell their goods online, but the state of the economy has forced department stores to cut steep prices, angering luxury companies that were already worrying about their relevance into the future and ability to compete with knock-off retailers. {The New York Times}

“I was so annoyed last year that I wished no one had our merchandise,” President and Vice Chairman of Mar Jacobs Robert Duffy told the New York Times. “All the department stores were panicked, and they were marking things down.”

Duffy also suggested that the online store for Marc Jacobs may offer exclusive merchandise to attract customers. {Elle}

Word on the street is Jimmy Choo, Hugo Boss, Vince, Lancôme, St. John, Theory, Kiehl’s, Lilly Pulitzer, Donna Karan and La Perla will soon or have already launched e-commerce stores on their own Web sites. It seems high fashion is finally realizing profits on clothes sold directly to consumers will be much higher with no middleman taking a cut or dictating prices.

High fashion has everything to gain by taking their products to their own Web pages, but the consumer may end up being the loser in this equation if luxury retailers pull their merchandise from department stores altogether and spike their prices. That may be unlikely to happen immediately, since the economic downturn has caused many aspirational customers to reduce spending on designer clothing, but when the recession truly fades and people begin spending more, high fashion prices might soar above skyscrapers.

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US Imports Mango For Mere Penneys http://198.46.88.49/style/fashion/us-imports-mango-for-mere-penneys http://198.46.88.49/style/fashion/us-imports-mango-for-mere-penneys#respond Wed, 02 Dec 2009 01:14:51 +0000 http://198.46.88.49/?p=7296 Mango, Barcelona’s sexy answer to H&M, will soon have a new home in the US in the most unlikely of places: JC Penney.

JC Penney Co. has made an agreement with the European retailer to sell exclusive merchandise (under the brand name MNG by Mango) via mini-stores.

The partnership is part of JCP’s attempt to draw in a younger, more style-savvy crowd, as well as to differentiate itself from the older (and less fashionable) image of the dying American department store.

We think the partnership is a smart move, though in order for it to work it’s absolutely essential that Mango’s JCP offerings remain as trendy and fashion-forward as Mango in general.  The big mistake department store dinosaurs have been making is remaining too timid with their fashion partnerships, and we hope the MNG clothes appearing at the in store boutiques don’t get watered down to stay safe.
Read the full story (subscription) {Wall Street Journal}

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Steve Madden Gets A Foot In The Door http://198.46.88.49/style/fashion/steve-madden-gets-a-foot-in-the-door http://198.46.88.49/style/fashion/steve-madden-gets-a-foot-in-the-door#respond Thu, 29 Oct 2009 00:49:39 +0000 http://198.46.88.49/?p=4540 Steve Madden Ltd. hopes to add another notch to its proverbial belt by foraying into the world of ready-to-wear women’s apparel.

The as-yet-unnamed line will be available in various department stores in spring 2010 and has as licensing partner L’Koral, which has among its repertoire 7 For All Mankind and Elizabeth & James.

In the aftermath of the recent Alexander McQueen plagiarism lawsuit, it will be interesting to see if the Steve Madden brand will be able to design creative yet saleable pieces without falling into a trap of monkey see, monkey do.

Read the full story {Crain’s NY Business}

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For The Boys: Thread & Heirs At Macy’s http://198.46.88.49/mens-style/mens-clothing/for-the-boys-thread-heirs-at-macys http://198.46.88.49/mens-style/mens-clothing/for-the-boys-thread-heirs-at-macys#respond Tue, 27 Oct 2009 18:47:35 +0000 http://198.46.88.49/?p=4391 Tearing a page directly out of Target’s handbook for success, the execs at Macy’s have decided to create a diffusion line — but for men, which few mass-market retailers have done before.

The line, called Thread & Heirs, will have guest designers each season and officially launches next year, with Ruffian designers Brian Wolk and Claude Morais christening the effort with capsule collections in spring and fall 2010.  With the combination of smart, H&M-comparable prices and the creative involvement of designers like Wolk and Morais, Thread & Heirs looks like a big hit and will surely help to rejuvenate the Macy’s market.

Read the full story {The Cut via NY Mag}

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