Before the pandemic, companies that opened brick-and-mortar stores for digital-only brands seeking a physical presence were all the rage. Neighborhood Goods, Showfields and others had their moment in the sun, but now most of those companies have disappeared — except for Leap. The business was founded by Amish Tolia, chief executive officer, and fellow entrepreneur … Read more
In the luxury clothing market, high-end products don’t always equate to businesses’ ethical or sustainable practices; many brands still have a long way to go with their lack of transparency. While greenwashing has been an ongoing practice of the fashion industry, many smaller and emerging brands have set out to give consumers the much-needed change … Read more
This past year was a busy one for Johanna Ortiz, the Colombian fashion designer who expanded her brick-and-mortar presence to Madison Avenue and Bal Harbour, Fla., and embarked on the traveling “caravan” concept around the U.S., Europe and South America. These direct-to-consumer moves, which will continue into the new year, bring her brand’s Latin heritage … Read more
Richard Baker has talked about buying Neiman Marcus Group ever since he acquired Saks Fifth Avenue over a decade ago. Having succeeded at last, now he and his management team have to make the combined group work. The completion of the $2.7 billion deal, announced Monday, comes as Saks continues to struggle, delaying payments to … Read more
“The collection is called ‘The Doors,’” founder and designer Christian Juul Nielsen said of his pre-fall lineup during a walk-through in his New York studio. “It’s sort of a play on youth culture and where the world is. And when I say youth culture, I’m more like, who identifies as young.” Rather than try and be … Read more
HBC, parent to Saks Fifth Avenue, appears on track to close its $2.65 billion acquisition of Neiman Marcus Group and could lock in a junk bond offering sometime in the next few weeks. “We are working on a bond. It’s been well received,” Richard Baker, HBC executive chairman and chief executive officer, told WWD on … Read more
What does Neiman Marcus Group chief executive officer Geoffroy van Raemdonck mean by “leading with love”? “It sounds boring but it’s an emotion that we all understand,” said van Raemdonck during his conversation with James Fallon, chief content officer for WWD and the Fairchild Media Group during the WWD Apparel and Retail CEO Summit. “We … Read more
Ulla Johnson will unveil two custom built in-store shoppable installations at Neiman Marcus NorthPark in Dallas, celebrating the new season and Johnson’s relationship with art. The installation features a swirling monolith backdrop custom-built for the company’s fall 2024 runway show that took place at Powerhouse Arts in Brooklyn, and repurposed for retail. It uses motifs … Read more
SHANGHAI SURPRISE: Schiaparelli is landing in China. Marking its first retail presence in the country and in Asia, the Paris-based fashion brand on Friday unveiled a pop-up and retail exhibition titled “Through the Keyhole” at the Plaza 66 mall in Shanghai, open through Nov. 6. It showcases creative director Daniel Roseberry’s accessories, jewelry and haute … Read more
PARK PLACE: Burberry is taking its outerwear show on the road with an installation inspired by the British park pavilion, a place where people gather, drink tea, and watch the world go by. Burberry opened the pavilion on Thursday at Neiman Marcus NorthPark in Dallas. The space showcases a selection of pieces from the latest … Read more
