WWD’s day in quotes from today’s edition.
“Retail has always been about theater, excitement and fantasy.” — Marigay McKee, president of Saks.
“Our e-commerce heart beats as loud as our fashion heart.” — Munich’s Theresa boutique managing director Jens Riewenherm.
“We hadn’t realized how enormous the potential was. The volumes we needed to buy to satisfy customer demand were so much greater. So the whole buying model changed really quickly.” — Ruth Chapman, co-founder of U.K. fashion mini-chain Matches, on their growing e-commerce presence.
“The challenge you see in traditional brick-and-mortar — and you’re starting to see this online as well — is everyone has the same thing. These specialty stores that have created their own online sites have the flexibility to create a different vision and bring in different products because they can. There’s a small revolution that’s going on.” — Fashion consultant Roopal Patel on the growing e-commerce presence of boutique retailers.
“There will only be 48 to 60 of each piece, and I’m going to sign each one,” Abboud said. “And then we won’t make them again.” — Joseph Abboud on introducing a limited-edition collection at Men’s Wearhouse this fall.
“While no one wants to see employees out of work as a result of a factory closure, ensuring that immediate safety issues are addressed is our top priority.” — Ellen Tauscher, the independent chair of Alliance for Bangladesh Worker Safety.
“We had a terrific quarter, with all engines of growth working well. The peculiarity of this quarter was that we are growing in every single region, in every single brand, in every single category…despite [softer markets in the] U.S. and China.” — Fabrizio Freda, president and chief executive officer of The Estee Lauder Cos. Inc.
“This is the one night you get to see each other. It’s totally social. It’s getting a little more relaxed, and Hollywood, but that’s fun.” — Fox News’ Greta Van Susteren on the scenes at the White House Correspondents’ Dinner.
“Please remember when I come to borrow some dresses, I did you this favor.” — Alexa Chung, who hosted “The Future of Fashion” at the Fashion Institute of Technology.
“It is such a big night for them to recognize what I do. You know I love what I do so much I don’t need an award.” — Byron Lars on receiving Pratt Fashion Visionary Award.