BoF editor-in-chief Imran Amed recaps the week in the business of fashion.
Vera Wang has turned what began as a single bridal boutique into a fashion and lifestyle empire with an overall retail value of over $1 billion. BoF speaks to the powerhouse entrepreneur about her remarkable professional journey.
SHANGHAI, China — Vera Wang, the queen of bridal couture, is abolishing the nearly $500 fee she charged Chinese brides-to-be to try on a garment at her new Shanghai bridal boutique after the move, meant to deter counterfeiters, set off a global outcry.
The Volume Stays Up (NY Times) “There seems to be no escape from the orgy of prints and color consuming the runways. It continued on Tuesday at Rodarte and Vera Wang, with runny floral patterns. It struck on Monday with ice-cream pastels at Preen, tribal prints at Donna Karan and blazing red at Ohne Titel… But if you look at many of the prints that have appeared this week, and the way they were handled, you don’t find
Aldo's global footprint (Globe and Mail) "Canadian shoppers are familiar with Aldo shoes. But few realize that this Montreal-based retailer has quietly built an empire that spans 1,500 stores in 55 countries." Vera Wang's Idea of Empire: Marry High, Low, In Between (WSJ) "Ms. Wang... is pursuing a three-tiered retail strategy of selling through luxury, midpriced and discount stores. A growing number of designers... are trying to deploy similar strategies as economic worries linger." Lululemon Grows Fast on a Slim Budget (WSJ) "Lululemon belongs to an emerging class of retailers focused primarily on designing, making and selling athletic wear to women—and grabbing growing shares of the estimated $15 billion market for women's fitness attire." Tom Ford’s Very Small, Glamorous Show…
Vera Wang Bows Out of February’s Fashion Week Tent (WSJ) Vera Wang is the latest designer who has decided to not have a priceyrunway show this upcoming New York fashion week. Online sales surge 16% in November (Drapers) Unlike brick and mortar stores, sales activity on e-commerce sites jumped 16% compared to last year in November. Fashion Guidance for Aging Japanese Lads (Washington Post) In Japan, there’s OilyBoy,