The store has promoted within its existing buying team.
The flagship opening today on Fifth Avenue in Manhattan’s Flatiron neighborhood is the latest expression of the brand’s makeover.
Trends and Analysis
Year-on-year trend is up 3% while sequential results decline 0.7%.
Fashion and luxury stocks followed the downward trend.
Designer and Luxury
Italian brand Chiara Boni La Petite Robe, known for its comfortable dresses crafted from a stretch fabric, is taking a step into retail.
The evolving nature of the Chinese consumer and technology were major themes of the Tax Free World Association China’s Century Conference.
Mass and Off-Price
Less than three months after naming Mike Bloom president and COO, the company is once again dipping into the chain drugstore for a talent.
Students from the Fashion Institute of Technology attended a chat moderated by Stacy London, host of “Love, Lust or Run.”
Nordstrom will begin selling Madewell products in 15 doors and online.
Direct, Internet and Catalogue
WWD has learned that Amazon is engaged in “ongoing talks” to buy Net-a-porter, which could command a valuation of up to 2 billion euros, or $2.19 billion at current exchange.
Marketing and Consumer Behavior
Plenti allows shoppers to earn points at Macy’s, Rite Aid, AT&amp;amp;T, ExxonMobil, Nationwide, Hulu and Direct Energy and bundle those points to get discounts at any of those seven companies.