Barneys’ new team, M-commerce on the rise, Saks warns of market turmoil, J.Crew arrives in Canada, Lisoka

Barneys' new team photographed by Jason Schmidt | Source: NY Magazine

Barneys’ Fall Line (NY Magazine)
“Like many of its clients, Barneys has had its ups, its downs, and its great many in-betweens, and it is, at right this very moment, engaged in that most New York of pursuits: a reinvention… Last summer, Mark Lee was hired as Barneys’ new CEO. His reputation is as golden as it gets in the fashion world: He’s spent his career in Europe occupying high-level positions at important fashion houses—­Armani, Yves Saint Laurent, and, most recently, Gucci.”

On the Phone: M-Commerce Is the Word (WWD)
“… Along comes m-commerce, capturing sales on the go. It’s quickly becoming a digital priority for the fashion industry, and accessories are rising as a hot category… Net-a-Porter’s accessories buying manager, Sasha Sarokin, reports that with m-commerce, more ‘everyday’ and ‘wear-now’ accessories, like friendship bracelets or small pendant necklaces, are big sellers. Higher-ticket items sell as well, particularly those that pack a strong photographic punch.”

Saks says market turmoil warrants caution (Reuters)
“Luxury department store operator Saks Inc forecast same-store sales growth and better margins for the rest of the year even as the volatile financial markets give it reason to be cautious about fall sales.Shares were down 28 cents, or 3.1 percent, at $8.79 in morning trading on the New York Stock Exchange. Stock market volatility has made the company more careful about expenses and how much inventory to carry to be prepared in the event shoppers cut back.”

J. Crew finally treks to Canada (Calgary Herald)
After being sought out for years by Canadians as a favoured cross-border shopping destination, J. Crew is set to open its first set of fashionable doors in Canada in less than a week…J. Crew’s marketing, which is handled internally, has evolved over the years from a catalogue-driven business into an evolving social-media force.”

RISE: Lisoka (Dazed Digital)
“Lisoka is the creation of Swedish menswear designer Lisa Våglund. Having graduated with a Master’s degree from the prestigious Danish Design School in Copenhagen, she went on to start her own fashion line of clothes with an eco-consciousness… A dream would be to work for a brand like Raf Simons or Kris Van Assche.”