Source: NordstromSEATTLE, United States — Nordstrom Inc. dropped after the department-store chain posted first-quarter revenue that trailed analysts’ estimates and cut its sales forecast for the year.
Longchamp: A long way from pipes in Paris (Independent) “Longchamp’s signature product is a handbag seen on the arms of hundreds of women everywhere from London to Sao Paulo and Singapore. Its Le Pliage foldable handbags launched in 1993 and the company still sells three million of them every year, helping to explain a recent 22 per cent growth in group sales. Despite its products being a common sight among the masses,
Valentino Haute Couture | Source: Life in ItalyThe Fancy’s E-Commerce Expansion Continues (TechCrunch) “This week, New York-based The Fancy, a Pinterest-like site with a focus on not just browsing, but buying from its collection of inspirational imagery… The ‘Buy’ button is targeted at bloggers and other publishers, not online merchants or e-commerce sites, of course.” Qatari royal family buys Italian fashion house Valentino (Reuters) “Iconic
Nasty Gal’s Sophia Amoruso: Fashion’s New Phenom (Forbes) “In four years her spunky retail fashion site has streaked across the Web, pushing new ways to sell trendy but inexpensive clothing. The company is on its way to quadrupling sales this year to $128 million, racking up gross margins of more than 60%, up there with retail’s most profitable ventures.” Get Ready for Action (NY Times) “With a sneaker
Refinery29 Screen Shot | Source: Refinery29Jil Sander Gets Her Groove Back (On the Runway) “‘Don’t ask me why,’’ Jil Sander said with a laugh on Tuesday, when asked why she had decided, at age 68, to leave a comfortable retirement and return to the fashion fray.” Refinery29 Launching R29 Shop (WWD) “Up until now, Refinery29’s business model has relied heavily upon advertising to drive revenue, with approximately 80 percent of it coming from ads
