After Tough Holiday, Market Faces Another Nervous Year
If the Grinch stole Christmas for luxury, he?s going to keep doing so for the foreseeable future. Analysts share a grim view of the crucial holiday selling period for luxury and forecast tough times for the sector, at least for the short-term.
From This Issue
In Brief: Paul & Joe Goes … A&G On Target … Trade Stopover … Sam’s Smaller Saks Stake … To Market, To Market …
PAUL & JOE GOES: The Paul & Joe boutique at 2 Bond Street in New York shuttered its doors Sunday after a year and a half in business. Over the weekend, women’s and men’s merchandise was being cleared out at 75 percent off. “It’s just…
EIGHTIES REDUX?: His fashion house may be slated to close, but a Thierry Mugler revival might be at hand. Paris’ museum of fashion and textiles hopes to organize a major Mugler exhibition by 2005, according to curator Olivier Saillard….