The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
The tie-up is another sign of retail’s ongoing evolution in a challenging environment. It’s the first time the Comme des Garçons-owned concept store has partnered with another retailer to establish a shop-in-shop, expanding its reach while lending Nordstrom the benefit of its brand.
For the next six weeks in New York, Los Angeles, Vancouver and online, Nordstrom’s Space boutique, which typically stocks a mix of emerging and established brands such as Comme des Garçons, Wales Bonner, Jacquemus and Marine Serre, will feature the seven labels supported by Dover Street Market Paris, Dover Street Market’s platform for emerging designers. These include New York collective Vaquera, Gosha Rubchinskiy-founded label Rassvet, and Singapore-based Youths in Balaclava.
The collaboration comes at a time of expansion for Dover Street Market. In late February, it opened a “Little Market” in Paris for its Dover Street Market Paris brands, and last month secured a long-term lease for a new retail hub in the city’s Marais district.
In an era of austerity on Wall Street, apparel businesses are more likely to be valued on their profits rather than sales, which usually means lower payouts for founders and investors. That is, if they can find a buyer in the first place.
The fast fashion giant occupies a shrinking middle ground between Shein and Zara. New CEO Daniel Ervér can lay out the path forward when the company reports quarterly results this week.
The performance coach and Allbirds’ co-founder discuss the transformative power of togetherness in fostering a culture of excellence.
The sportswear giant posted flat sales in its latest quarterly report, beating Wall Street expectations. To fully recover, the business must demonstrate greater product innovation, analysts say.