There’s a growing crisis in retail C-suites. Nobody wants the top job. Christine Day, who rose through the ranks at Starbucks to head its Asia-Pacific division and served five years as CEO of Lululemon where she quadrupled company revenues and more than tripled its store footprint, would be a perfect fit for any of the […]
Archive | Clothing & Apparel
RSS feed for this sectionOut 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 […]
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 […]
LVMH Ventures-Backed Madhappy Expands Its Business And Mission
Madhappy, the LVMH Ventures-backed fashion company, is blazing a trail for what a 21st-century brand can be and, more importantly, what it can do: make the world a better place one fashion piece at a time. Founded in 2017 by Peiman Raf, his brother Noah, Mason Spector and Joshua Sitt, Madhappy came from the recognition […]
Resale Threatens to Disrupt the Fashion Industry. ThredUp Gives Brands an Antidote.
The fashion industry’s business model is one based upon planned obsolescence. Each season thousands of fashion brands introduce whole new collections, and major shifts in fashion trends come along predictably every five to seven years, all intended to stimulate a slew of new fashion purchases. But people and the planet pay a heavy price for […]