Despite what you’ve heard, Barneys is staying on Madison Avenue because they are keeping their customers their main priority.
According to a 2018 Women’s Wear Daily report, there has been speculation that Barneys would either vacate its 230,000-square-foot flagship or downsize it in face of the looming rent increase has been around for months as negotiations with the landlord Ashkenazy Acquisition Corp. were proceeding.
“The arbitration decision that came down (Friday) does grant Ashkenazy Acquisition Corp. an increase in rent although not quite to the magnitude previously reported. While we are disappointed with the decision, our customers remain our top priority and we continue to be committed to providing them excellent service, products and experiences at our Madison Avenue location,” said a Barneys official, to Women’s Wear Daily in a 2018 report. …
Amazon has recently been making strides in the fashion world with developments such as Amazon wardrobe. Thier newest offering, Echo Look, an Alexa fashion assistant that uses artificial intelligence to evaluate just how well someone looks in an outfit. While the assistant has been out for about a year — as of April 2017 to be exact — it has only been available to through invite. It has only recently become available to everyone within the last few weeks.
The eventual intention of Amazon is to pair the device with Amazon wardrobe. …
North Face will be sponsoring Psicobloc, the 2018 Deep Water Solo Climbing Series this weekend in Park City.
North Face is trying to get people to look at walls in a new way with its “Walls Are Meant for Climbing” initiative.
According to a 2018 Women’s Wear Daily report, the program and free climbing classes will be on Aug. 18’s Global Climbing Day. The company is trying to get people to look at walls as a way to unite people rather than divide them. The North Face is continuing its partnership with The Trust for Public Land to support the installation of public climbing walls in underserved communities. Last month, The North Face opened its first free, public bouldering wall in the Montbello Open Space Park near Denver. …
Madewell introduced denim in extended sizes 33 to 35 and new fits like the Curvy Jean last spring.
They now have extended its sizing in denim to 37 and dresses, knits, sweaters, tops, and jackets from XXS to 3X, across 40 percent of the Madewell collection.
The new size range became available Tuesday. All pieces are available for purchase on the brand’s website
According to a 2018 Women’s Wear Daily report, top denim styles will be offered in select Madewell stores across the country through its Dot-Com Try-On program, which allows customers to try on all sizes and styles in person and place their order with a store associate. …
Ralph Lauren’s increased marketing and digital investments helped drive growth in the quarter.
Ralph Lauren, executive chairman and chief creative officer, said the passion of the company’s teams for the brand, in a 2018 Women’s Wear Daily report,“along with Patrice’s [Louvet, president and chief executive officer] partnership over the last year, the clear plan he and the team laid out in June, and the initial progress in this quarter, give me confidence in our future as we celebrate 50 years in business.”
Louvet said, “Guided by our three core principles of putting the consumer at the center of all we do, elevating and energizing our brand and balancing productivity and growth, we are on track to return the company to long-term, sustainable growth and value creation.” …
Salvatore Ferragamo SpA has appointed Micaela Le Divelec Lemmi the group’s new chief executive officer.
The announcement was made Tuesday evening as the Florence-based firm said net profit in the first half dropped 23.1 percent to 59 million euros compared with 76 million euros, including a negative minority interest of two million euros, in the same period last year.
According to a 2018 Bloomberg report, “Le Divelec Lemmi, who served as chief financial officer of Kering’s Gucci brand, has been general manager of Ferragamo since April. The appointment is effective immediately, the Florence-based company said in a statement Tuesday.”
Former CEO Eraldo Poletto stepped down earlier this year after the company backed away from its financial targets, saying it needed to spend more on technology and marketing to relaunch the brand. The turnaround effort remains a work in progress: The announcement of the new chief came as Ferragamo said revenue fell 3.4 percent at constant exchange rates in the first half to 674 million euros ($789 million). Analysts had predicted 685 million euros, according to a 2018 Bloomberg report. …
In the age of Instagram, the notion of the influencer has certainly grown to unprecedented levels. In many ways, the existence of the internet and social media platforms has carved out an entire career field that did not exist only a decade ago.
It is no surprise, then, that Dallas-born entrepreneur and influencer Amber Venz Box has found a way to further change the industry.
Venz Box launched her website RewardStyle and her app LIKEtoKNOW.it, both of which allow users to make money through their social media posts. The app allows influencers to link followers to items through influencers’ accounts.
Since followers are being directed to products from influencers’ accounts, the company pays a certain percentage of the sales to said influencer. …
Martina Spelova, a London-based Czech designer, has recently established her brand as being among the first fashion labels to partner with Provenance. Provenance is a blockchain technology platform which assists companies with providing transparent data to their consumers.
Provenance was founded by Jessi Baker in 2013. With Provenance, Baker wanted to create a reliable system which would ensure that brands would become more transparent. The company has typically worked with food brands, helping thousands of them win the trust of customers through releasing data regarding their products’ origins. This is Provenance’s first time working with a fashion label.
Spetlova has expressed her excitement regarding this step for her brand, stating that “it’s more about stories” and attempting to win over consumers by providing them with this benefit. …
Amazon made news in the fashion world recently when the company officially launched Prime Wardrobe after months of beta testing.
The service offers users a chance to try on clothing before officially purchasing anything.
It is no surprise, then, that analysts at the Union Bank of Switzerland have predicted that the online retailer’s future might bring further progress when it comes to fashion.
The bank stated:
“Amazon is increasingly well positioned to capture a portion of the fast-growing [North America] online fashion market.”
The bank has estimated that Amazon itself could potentially generate up to $40 billion of its gross merchandising value through clothing sales by 2022. As a point of comparison, Amazon garnered $17 billion in clothing sales in 2017. The bank stated that with new developments such as Prime Wardrobe, as well as the fact that the Seattle-based retailer is now offering more high profile brands, it only makes sense that Amazon’s fashion division will continue to grow. …
Last May Gucci held their Resort 2019 show.
400 guests were airlifted to Arles in the South of France to see his new Resort collection in the open air. On top of seeing the incredible collection showcased, guests got to see Elton John play a spectacular set.
Some may call this crazy but Gucci is planning to make their Spring 2019 show even better this September.
The brand revealed on Monday that its spring 2019 collection will be presented at Théâtre Le Palace in Paris on Sept. 24 at 9 p.m. …