WWD’s day in quotes from today’s edition.
“I know my limits. And I’m not anywhere near it.” — Pharrell Williams on his new collaboration with Adidas.
“It has to come down to a point, a source point, and I think it has to be the board of directors and the chief executive officer. And then you can scatter responsibility however you want to.” — Sen. John D. Rockefeller (D., W. VA.) on assigning management responsibility for Target’s data breach in 2013.
“We’re very focused on the notion of balanced growth and we recognize that we need to grow the bottom line faster than the top line, and one of the things that’s within our control are our own internal cost structures.” — Chip Bergh, Levi’s, on the company’s restructuring plan.
“By 2021, Bangladesh will be considered a middle-income country.” — H&M’s Helena Helmersson, discussing the company’s sustainability efforts there.
“Men are enjoying fashion as much as women — even if they do not shop the same way, or as often, but they are more and more sensitive to the fashion trends. They are also very loyal customers.” — Laure Heriard Dubreuil, The Webster.
“There’s a real changing of the guard, more than I’ve ever seen in my career. And where we’re updating stores to be young and hip, we’re getting good traction.” — Tom Ott, Saks Fifth Avenue, on the growing men’s business.
“I’m not one to blame the weather, but January and February had a slow start right out of the gate, and weather has definitely been a factor. But the mood of the customer is very positive, so I’m still optimistic. Anything new is selling.” — Bob Mitchell, Mitchell’s.
“I don’t think there are many great independent retailers left, but I think there can be a rebirth and independents can explode again.” — Elliot Rabin, Peter Elliot.
“The euphoria of the last two or three years is gone. But everyone is very confident, and all those I have met expect it to be a good edition of Baselworld, and they don’t think we’re going to see a sharp slowdown.” — Sylvie Ritter, Baselworld.
“The problem is, it’s trackable from NSA, every data, you can know where you are. The second thing is, after one hour of using it, you have to charge it for a wee, and the third one is, it’s doing the same thing as the phone. You need Android software, so you don’t seem a smart guy or a smart lady when you wear it.” — Nick Hayek, Swatch Group, on the coming smartwatches.
“Kim and Kayne are the greatest example of conscious coupling. We wish them all the best.” — Laura Brown, Harper’s Bazaar, which had considered Kim Kardashian for its cover until she appeared with Kayne West on Vogue’s April cover.
“Four or five years ago, I was really worried. It seemed that journalism as we knew it was going out of style, and that even The New York Times, which seemed the most solvent of the newspapers in this country, was going to go they way of the old Herald Tribune…or Life magazine. But there’s been a remarkable rebounding of journalism. I’m feeling good about journalism in terms of the print media.” — Gay Talese.