Nordstrom Inc. has launched a digital marketplace platform aiming to grow the offering on its website and app, increase revenues and provide sellers with a wider audience. Digital growth is a top priority at Nordstrom. Last year, digital accounted for 36 percent, or about $5 billion, of Nordstrom’s total sales of $14.22 billion. For now … Read more
Nordstrom Inc. has confirmed that brothers Erik and Pete Nordstrom are looking to take the retailer private and that a special committee has been formed to evaluate their proposal and any others that could arise. Erik Nordstrom serves as chief executive officer and Pete Nordstrom is president and chief brand officer. Erik Nordstrom Patrick MacLeod/Footwear … Read more
Erik Nordstrom, chief executive officer of Nordstrom Inc., saw his total compensation perk up to $4.5 million in 2023, a 30.8 percent increase from $3.5 million the year before. Nordstrom’s take included a salary of $773,087 and incentive pay of $1.1 million. But the bulk of his pay came in the form of stock and … Read more
The 130 college students deemed most likely to disrupt and transform the fashion industry as marketing and business professionals will be celebrated along some fashion industry luminaries at the Fashion Scholarship Fund event on April 8. The event will honor Michael Burke, chairman and chief executive officer of LVMH Fashion Group; Tracee Ellis Ross, actress, CEO … Read more
In response to a recent report by a nonprofit organization that alleged that retailers like Ross and TJ Maxx had sold accessories with elevated levels of lead, a few of the companies have struck back. The Center for Environmental Health published its findings following a 13-year examination of what it described as “systematic toxic problems” … Read more
Tory Burch is hitting the road with Nordstrom via a series of pop-up shops and personal appearances at the retailer’s stores in Miami and Dallas. “Internally we call it the Tory tour,” said Pierre-Yves Roussel, Tory Burch’s chief executive officer and husband. “Tory has always been doing it, meeting the customer. People love it, and … Read more
America might be divided into a lot of different camps, but if there was voting for the most salable and popular New York Fashion Week collection for fall 2024, Khaite‘s Catherine Holstein would win hands down. Assessing the scores of shows and takeaway trends from the week, retail executives repeatedly referenced Khaite at the top … Read more
The best Presidents’ Day sales are our favorite part of the much-needed, mid-winter three-day weekend we’ve been waiting for since the new year. If you’re still recovering from holiday spending but need a few new things at the top of 2024, now is the time to shop. Tons of brands and multi-retailer stores like Nordstrom, Ulta Beauty, … Read more
Just in time for New York Fashion Week, Nordstrom is rolling out a pop-up shop for the much sought-after JW Anderson collection. The 256-square-foot pop up is the latest designer installment at the retailer’s New York City flagship near Columbus Circle. Through March 11, shoppers can find a smattering of ready-to-wear, accessories, shoes and other … Read more
Bridal Aesthetics: City hall brides, intimate venues, simple ceremonies Sizes: 00 to 4X Price range: Starts at $80 Black Halo Kacie 2 Piece Maxi Dress Aje Claudia Tiered Mini Dress Amanda Uprichard Gibson Blazer Dress with Satin Maygel Coronel Alejandra Dress Why We Love It: Shopbop is chockfull of designer goodies (clothing, shoes, accessories — … Read more
