The investment landscape for fashion and consumer companies has see-sawed dramatically over the past few years, tipping from a growth-at-all-costs mentality to a laser focus on the bottom line. While the new emphasis is welcomed by many, it’s also prompting companies to reprioritize, reposition and maybe even merge to compete. Enter investment adviser M. Klein … Read more
A celebration of life is being planned for Doris Yaffe, a former Saks Fifth Avenue executive who wove activism into her work decades before it was fashionable to do so. Yaffe, 94, died of natural causes in her Lewis Wharf apartment in Boston on Dec. 7, according to Jacob Abrams, Yaffe’s great nephew. As much … Read more
On Wednesday, Saks is partnering with Fouquet’s New York, the Parisian-inspired boutique hotel in TriBeCa, to host a private pop-up shopping event. This will be the first pop-up to be held in Fouquet’s Penthouse, the hotel suite designed by interior architect Martin Brudnizki. The 2,400-square-foot suite that’s spread over two floors aims to offer the … Read more
CHINESE COMMITMENT: Giorgio Armani, Prada and OTB received the “Award for the contribution of the latest fashion trend in China” during an event organized last week in Beijing by the Montenapoleone District association and the Italian embassy. The former represents more than 130 global luxury brands situated in Milan’s luxury fashion streets spanning from Via … Read more
