The Fashion Trail | BoF Breakfast Club

Global Briefing | Global Currents | The Fashion Trail

BoF Breakfast Club at Norwood Club | Photo: Drew Innis

NEW YORK, United States — When I first met Rachel Shechtman at a Harvard Business School luxury goods conference back in 2007, we quickly learned that we had much in common. Since then, we have made a point of meeting for breakfast to catch-up and discuss the state of the industry whenever work brings me to New York City. It got us to thinking. With the non-stop madness of the fashion business, many of us don’t make the time

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Online clothing sales rise, Traditional retailers vs. E-commerce, Topshop in the US, The return of fur

| Daily Digest

Online clothing sales rise 32% in January (Drapers) “Online spending rose 19% in January, according to the IMRG Capgemini e-Retail Sales Index, with clothing and accessories sales online soaring by 32%.” Traditional Retailers Return Dismal Online Search Results (Seeking Alpha) Compared to e-commerce sites, “brick-and-mortar retailers – despite a slight increase in search presence over the past three years

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Thakoon for Target, Bling in this economy, U.S. loses 533,000 jobs, Retail discounts

| Daily Digest

Thakoon on Target, Recessionista Fashions and Dressing Michelle Obama (WSJ) Thakoon has “copied” looks from his main line for a limited edition collection with Target. The New Bling in this Economy (WSJ)  ”Diamonds may be forever but in this economy, faux and semiprecious stones may be for now.” Economy Loses 533,000 Jobs (WWD) In the US, November’s 533,000 job losses, was the “steepest monthly

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New York Fashion Week | Playing it safe

| New York

NEW YORK, United States – New York already has the reputation of being the most commercial of the fashion capitals, but this New York Fashion Week has taken that stereotype to new levels. With economic uncertainty swirling through the city (Lehman Brothers is the latest Wall Street Bank whose future is in question) and footfall at department stores dropping precipitously, the mantra of the week seems to have been ‘Play

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