Once a profitable but rarely discussed sideline business, airside retail is now a highly lucrative, core component of a successful luxury strategy and airport operators are innovating to take sales even higher. BoF investigates.
Can an Outsider Cash In? (WSJ) “Scott Sternberg, a former Hollywood talent agent, is pushing to turn his small, successful label into a fashion empire. Formerly with Creative Artists Agency, Mr. Sternberg quit his job seven years ago to launch the label Band of Outsiders, spawning a boom in skinny ties and riding the surge in modern prep wear.” Top fashion brands enjoy a new vogue (FT) “Fashion and finance have
P&G Flirts With Luxury Cosmetics (WSJ) “Dolce & Gabbana The Makeup marks P&G’s first foray into upscale cosmetics, a huge jump from its drugstore CoverGirl and Max Factor brands.” Retail sales slide in February (Drapers) In the UK, “retail like-for-like sales fell 1.8% in February and fashion sales recorded their worst performance since last April as the end of the sales and bad weather hit
LONDON, United Kingdom — When Giles Deacon developed a set of chic correspondence cards, each with a signature Giles sketch, in collaboration with Smythson earlier this year, the first batch sold out in just one day — on both sides of the Atlantic. For all you hard core Giles fans, the cards appear to have been re-ordered and are now available for sale again. Even better, here at BoF we were lucky to have had a special sketch from