STAGE PRESENCE: In a month when comp “misses” outnumbered “beats” by a 2-to-1 margin, no retail company even came close to the upside surprise or double-digit performance of Stage Stores Inc. The Houston-based firm pounded out a 13.2 percent increase for the month, including more than 20 percent growth during the week of Thanksgiving. While generally insulated from the impact of Hurricane Sandy, it was hardly immune. It had to permanently close its Peebles store in Ventnor City, N.J., on the Jersey shore near Atlantic City, and, of its total of 865 stores, 54 others were closed for between one and three days. The company had comp increases in every one of the month’s four weeks and the week Sandy arrived “actually turned out to be a good week for us, with comps up about 10 percent,” said Bob Aronson, vice president of investor relations. For the month, even its Peebles stores in the Northeast, which account for just 3 percent of sales, realized a pickup of more than 10 percent. Stage’s comp increases have grown in every quarter of the year, culminating in an 8.1 percent gain in the third quarter.
KOHL’S AS ICE: Conversely, Kohl’s Corp. suffered both the worst comp of the month — down 5.6 percent — and the biggest miss relative to Thomson Reuter’s expectations — estimates called for a 1.9 point increase. Working hard to put the best face on a dismal performance, Kohl’s chief executive officer Kevin Mansell noted that sales picked up toward the end of the month, especially in its e-commerce channel. Most of the online volume, however, will be recognized in December. RELATED STORY: Sandy Takes Toll on November Comps >>
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia
Azzedine Alaïa's “I-did-it-my-way” ethos stood out starkly at a time when brands are experimenting with consumer-facing fashion shows, coed formats and trans-seasonal collections – anything to perk up lackluster sales of ready-to-wear in an age of Insta-everything. “It’s not creation anymore. This becomes a purely industrial approach,” the late designer told WWD in an interview last year. “But anyway, the rhythm of collections is so stupid. It’s unsustainable. There are too many collections.” Read more about the iconic designer’s life and work on wwd.com, link in bio. #wwdfashion #azzedinealaia (📷: @WWD Archive, 1986) #alaia
Sneaker reselling app @goat’s latest exhibit, "The Greatest: New York," tells the story of New York's sneaker culture. To celebrate the exhibit, an intimate crowd gathered on Thursday night at the pop-up gallery space, located at Platform in Culver City, to hear guest speaker and illustrator @esymai talk about her own rise in streetwear and women in the business. "For me I'm just someone who is creative. I like to create things," said Chang. #wwdfashion
Azzedine Alaïa, one of the most iconic couturiers of the modern era whose body-con designs defined Eighties fashion, has died in Paris. The diminutive Tunisian-born designer, known for his structured knitted dresses with fitted waists and impeccably cut, figure-hugging second skin silhouettes was deeply admired by his peers, and counted supermodel Naomi Campbell - his adoptive daughter - among his inner circle, one of a gang of glamazons including Farida Khelfa, Carla Bruni and Stephanie Seymour who became ambassadors of his style. (📷: Alexandre Guirkinger) #wwdblast