furniture store photo-1460776960860-7adc30a4e69d

The Home Boom Is Going Bust for Independent Furniture and Furnishings Retailers

By all accounts, the pandemic year was a great one for home furnishings brands and retailers. Cooped up at home, Americans invested in improving their living spaces. Home improvement retailers, like Home Depot and Lowe’s that serve the DIY-inclined, rose 14% year-over-year. These retailers were aided by being classified as essential retailers during the shutdown, […]

Comments Off on The Home Boom Is Going Bust for Independent Furniture and Furnishings Retailers Continue Reading →
engagement photo-1611075099808-e3af7993333a

Kay, Zales and Jared parent, Signet Jewelers, Outlines Next Phase of its Path to Brilliance Plan

In March 2018, shortly after being named CEO, Virginia ‘Gina’ Drosos laid out a transformational three-year strategic plan for Signet Jewelers, called “Path to Brilliance.” Its ambitious benchmarks were to be achieved at the close of 2020. But after the pandemic year, nobody would have faulted the company in its recent fiscal 2021 earnings call […]

Comments Off on Kay, Zales and Jared parent, Signet Jewelers, Outlines Next Phase of its Path to Brilliance Plan Continue Reading →
transcendent luxury photo-1487815848071-b953fea8eac6

Instead of Talking about ‘Post-Aspirational’ Consumers, Talk of ‘Transcendent’ Luxury

The phrase “post-aspirational consumers” is catching on in marketing circles, implying that consumers have evolved beyond aspiration as a motivator for purchase. Bain, one of the leading lights in the luxury market, gave the term its official imprimatur describing the “rise of a post-aspirational mindset.” For years the term “aspirational consumer” has been used in […]

Comments Off on Instead of Talking about ‘Post-Aspirational’ Consumers, Talk of ‘Transcendent’ Luxury Continue Reading →
Uniqlo

Uniqlo Is Distancing From H&M and Zara to Become the World’s Top Fashion Retailer

Fast-fashion retailers are considered the bottom-feeders in the fashion world. They are widely credited – or discredited depending on which side of the cash register you are on – with copying designer-inspired trends, producing them in copious quantities and selling them for pennies on the dollar of the namesake brands. Sweden’s H&M operating 5,000 stores […]

Comments Off on Uniqlo Is Distancing From H&M and Zara to Become the World’s Top Fashion Retailer Continue Reading →
001_DowntownAspen

RH Expands Its Horizons to a Living Ecosystem

Remember when Restoration Hardware was the quirky DIY-fixer’s catalog for people restoring Victorian houses? It’s come a long way from its home-spun roots back in 1979 when Stephen Gordon founded it. Progressive CEO In his most recent shareholders letter, Gary Friedman, the company’s current chairman and CEO, updates RH’s progress since joining the company in 2011: “The first […]