All posts tagged: FASHION & DESIGN

Is the Latest Re-Vamp Enough to Save an Iconic Luxury Store?

Most of us do our spring cleaning and tidying up in April and May, and then we head outdoors for summer fun. Some of the glittering department and luxury specialty stores of Manhattan, however, have been on a different schedule. They spent the long hot summer indoors, tearing down walls, putting in new light fixtures and flooring, and repainting (the retail equivalent of summer school). All so that as we shuffle back reluctantly from the beach, or the mountains, or wherever the summer took us, we’ll have bright shiny emporiums full of new fall merchandise beckoning us to abandon our computers and smartphones and shop retail.

Pain and Pleasure: How Far Will You Go to Look Good?

I bought a pair of the new Valentino Garavani flats on my last trip to Boston, and I wore them for the first time a couple of weekends ago. They are super-cute, black with a crisis-cross ankle strap and silver metal grommet details. The man who sold them to me at their store on Newberry Street raved about them as an upgrade to the Rock Stud flats that I already own in multiple colors. “These are so much more comfortable than the old version,” he assured me as he lovingly put them in their red box.

Lost in the Maze of Selling Luxury Goods on Amazon

One of the most intriguing business dilemmas I’ve encountered recently is the conundrum of how luxury brands should think about their relationship with Amazon (and its subsidiaries Zappos and Shopbop). The “core” global luxury market – personal goods and services – is a $250 billion global business with an increasingly anemic growth rate. Amazon, on the other hand, continues to grow at strong double-digit rates. Surely this is a marriage made in heaven?