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Out Of Canada Comes Moose Knuckles To Disrupt The Luxury Outerwear Market

In the realm of luxury performance outerwear, two brands stand at the forefront: Canada Goose and Moncler. As formidable competitors in a narrow niche market, they don’t leave a lot of room for a new entrant. Only a certain clientele pays upwards of $1,000 for a down parka when perfectly serviceable ones are widely available […]

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Bergdorf Goodman Holiday Window

How Bergdorf Goodman Will Revolutionize Luxury Shopping For The Digital Age

Since Neiman Marcus Group (NMG) was forced during its bankruptcy proceedings to close its first and only Neiman Marcus store in Hudson Yards in 2020, Bergdorf Goodman became NMG’s sole bastion in the city.Early on, rumors circulated that NMG might offload Bergdorf Goodman too, but those were quickly put to rest as NMG recommitted to […]

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RH Prepares To Disrupt The To-The-Trade Interior Design Industry

Initially, RH CEO Gary Friedman was in a sober mood to deliver a sober message in the company’s most recent third-quarter 2022 earnings report.Though its revenues and operating margin exceeded the previous outlook, revenues dropped 14% from last year’s $1,006 million to $869 million and adjusted operating margin declined from 27.7% last to 20.8% this year. […]

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Retailers’ Employment Troubles Will Only Grow In 2023

A year ago, the retailers had one overwhelming employment problem: they couldn’t find enough people to work in their stores. Employees were leaving retail employers in droves and not enough people were queuing up to fill the vacancies.Retail job openings were up nearly 40% in December 2021 over 2019 levels. And last year, the pace […]

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Balenciaga’s Teddy-Bear Ad Pushes Luxury Out Of Bounds

Balenciaga is once again embroiled in controversy on the heels of cutting ties with Kanye West, a.k.a. Ye, over anti-Semitic statements he made. It has been widely vilified for its holiday ad campaign featuring children posed with plush teddy-bear bags wearing S&M bondage gear.The company pulled the ad with an apology on Instagram for what […]