Can EBay’s marketplace model, low barriers to entry and large, built-in audience of fashion consumers unlock value for young labels and EBay alike?
WASHINGTON, United States — Fashion designer Narciso Rodriguez will receive a National Design Award this year from the Smithsonian's Cooper-Hewitt National Design Museum, along with 10 other top names in design.
Finding Your M.O. | Part 13: Planning Your Time (Education) “In 2000, I graduated from business school and joined McKinsey & Company as a generalist consultant. My very first project was an organisational design project for a multinational corporation and I was tasked with conducting an analysis of how the company’s CEO was allocating his time.” Colin’s Column | Fashion Tomes of the Times (Opinion) “The making
The Fixer in the House of Narciso (WSJ) “For women’s fashion designer Narciso Rodriguez, it has meant hiring left-brain fashion-industry veteran Robert J. Wichser in May. The label tapped him to be chief executive and resident ‘suit’ at the 15-year-old label. Mr. Wichser’s mission is to help the Narciso Rodriguez label regain the business mojo that has eluded it in recent years.” Square to
Keeping zombies out of the mall (FT) “The Garrard Street mall in Reading, a 40-minute drive from west London, is a warning to developers everywhere. Abandoned and soon to be demolished as part of a broader redevelopment… A lethal combination of thrifty consumers and a commercial real estate slump have turned malls into the walking dead of retail.” Michael Kors 1st-qtr profit rises, raises forecast (Reuters)
Today, BoF exclusively brings you Savigny Partners’ blow-by-blow analysis of the rapidly shifting luxury fashion business model which is undergoing transformation due to underlying shifts in consumer values, technology and globalisation LONDON, United Kingdom — Luxury fashion is a very exciting business which can generate substantial returns if you get the formula right. Not only is there the ability to charge up to ten times
NY garment district battling for survival (Reuters) “New York’s reputation as a global fashion capital is under threat with the city’s once bustling garment district facing extinction, experts say.” A Minimalist Gets a Makeover (WSJ) “Under the Bryant Park tents of New York fashion week Tuesday evening, Narciso Rodriguez will show off his typically minimalist evening gowns and day dresses. What the
Jil Sander to join Uniqlo (Drapers) Jil Sander is set to become a design consultant at Uniqlo, “which will see her take overall creative control of the value fashion chain’s womenswear and menswear ranges.” Delhi gears up for two fashion ‘weeks’ (India PRwire) “Term it excess in times of a global economic slump, but two parallel events – the Wills Lifestyle India Fashion Week (WIFW) and the
Narciso Rogriguez, designer of Caroline Bessette Kennedy's wedding dress, and Liz Claiborne, the purveyor of everything from Juicy Couture tracksuits to Lucky jeans, announced today that Liz Claiborne Inc has taken a 50% stake in Mr Rodriguez's namesake label. Of late, we haven't seen that many large fashion conglomerates take an interest in growing small high-end businesses. This particular partnership is also of interest because on the surface, there does not seem to be a natural match between Narcisco's target market of luxury customers (who buy his collection at Neiman Marcus, Saks, Bergdorf Goodman and Barney's) and Liz's connections and expertise with lower priced Contemporary and Bridge labels (which are distributed much more broadly in stores like Bloomingdales, Macy's and…