Showing posts with label new york. Show all posts
Showing posts with label new york. Show all posts

Monday, September 20, 2010

MBF Exclusive: Future of Fashion Video

Earlier this month we were invited to speak at "Take 5ive" a monthly event -- hosted in NYC by WIN-Initiative -- which brings together professionals from various creative industries.

This month’s event was hosted by
Take 5ive’s Hans Neleman; Chrissy Reilly emceed a packed Win Headquaters.

Manuela Fassbender, creative director was one of 10 guest speakers.

Each speaker is given 5 minutes to discuss any topic of their choosing.

This evening's selection of speakers was organized by social media marketing & business trending specialist, Karen D'Silva.

Speakers came from diverse industries -- from photography to beer brewing.


They included:
Stanislava Georgieva, photographer
See what Manuela presented here...


About Take 5ive
Take5ive brings together leaders in the creative industry in a forum of sorts. Typically, 10 speakers are split between artists and creative professionals. Past guest speakers have included creative consultant Stella Kramer and Allegra Wilde,tech people Dripbook founder Alex Wright as well as app developers and representatives from Adorama and Sony. Artists participating are split between commercial and fine art.

Wednesday, September 8, 2010

Fashion's Night Out

photo via: Jak & Jil

We just wanted to remind you that there are only two days left till the second annual Fashion's Night Out!

As there are literally thousands of NYC festivities scheduled for this Friday, we break it down for you and give you a short list of some of the most promising. 

Barneys invites you to shop and mingle with fashion icons: Mary-Kate and Ashley Olsen, Daphne Guinness, Julie Gilhart and Simon Doonan. Meet the designers: Alexander Wang, Proenza Schouler, Rag & Bone, and Rodarte. Participate in fabulously demented activities: Ping-Pong, Karaoke, Drumming, Musical Chairs, and more. Greet and meet with fashion icons: Island Records' Chris Blackwell, Johnny Rozsa, and more! Amazing exclusive clothing and accessories: Special edition FNO Alexander Wang McQueen scarf and more. 

Saks will be fashion's ultimate party. Celebrity and designer appearances include Donna Karan, Viktor & Rolf, Charlotte Ronson, Zac Posen, Taboo of the Black Eyed Peas and Sergio Rossi's Creative Director, Francesco Russo as he unveils the new 'Cachet' pumps, exclusively at Saks. 

Opening Cermony hosts a French flea market staged in the lobby of the Ace Hotel. Inspired by the famous Les Puces deSaint-Ouen market in Paris, the French flea market concept coincides with the launch of France as O.C's country of focus for 2010-11. Brands will have their own flea market booths with exclusive items and designers will be present to meet fans and enjoy the festivities. Participating brands include agnes b., Alexander Wang, Band of Outsiders, Collette, Deyrolle, Joseph Altuzarra, Keds, Laudree, Patrik Ervell, Proenza Schouler, Rodarte, and more. 

Personal appearances from 9-10pm by designers Jason Wu and Monique Pean with Joan Small. Celebrity Christina Ricci will also make an appearance. From 8-9pm, catch designer L'Wren Scott spinning her favorite tunes as our guest dj, and designer Nicholas Kirkwood sketching his favorite designs. Military-inspired custom stenciling by the designers of Current Elliott. A menswear trunk show hosted by designer Devon Scott. Exclusive limited edition black leather messenger bags available by Proenza Schouler available for $225, and exclusive limited edition buffalo horn earrings by Monique Pean available for $295.

From 6-11pm, reality stars, The Fabulous Beekman Boys, with cameras, bring the country to Fifth Ave. with a General Store. Get a 10 minute reading with astrologer Susan Miller for $25; benefits Housing Works. Launch of Atelier Swarovski collection featuring Karl Lagerfeld. 6-9pm Fekkai, Marchesa and Olivia  Palermo have a Red Carpet moment that you can share on Facebook/Twitter. 7-9pm Bendel illustrator, Izak, signs one of a kind "green" totes for $100; proceeds go to charity. 8:30-10:30pm model Erin Wasson presents her jewelry collection LOWLUV.

Housing Works Thrift Shops kicks off the month of Fall Preview events at our Chelsea flagship! Each of our ten New York City based shops host a Fall Preview event throughout the month. We re-stock our thrift shops with the best designer fashion, unique furniture, and rare artwork finds and sell them for a fraction of the price to benefit the largest AIDS services organization in the nation.

Scoop NYC and EDUN have partnered up to treat you to an evening in honor of Africa. Meet Ali Hewson at the EDUN pop u p shop while sipping Tusker Premium Lager. Jaleel Bunton from TV on the Radio will be spinning and we'll also have a special performance by South Africa's BLK JKS. EDUN/Scoop NYC encourage you to join Ali and bike it for the night! Ride a bike to the event and EDUN will feature those with the best bike style on their blog! The first 100 EDUN shoppers will receive a free gift and the Van Leeuwen Ice Cream Truck will be giving out free scoops to the first 200 Scoop shoppers!

Diane von Furstenberg takes Fashion's Night Out to the digital universe with The DVF and HP Experience Lounge, a multimedia event that will transform the DVF boutique and gallery into an interactive fashion playground. Hosted by Refinery29.com, the evening will feature cutting-edge fashion installations, complete with a 'Fall Favorites' photo booth featuring DVF items curated by Refinery20.com editors on display for shoppers to utilize when browsing their most-desired DVF looks. Photos can be printed, posted to Facebook or streamed live into the loung on social feed monitors, allowing guests to engage with the fashion community and interact with DVF. Computer terminals and touch screens will feature up-to-the-minute news about FNO from around the city, and around the world.

rag & bone is teaming up with fellow Mercer Street retailer 3.1 Phillip Lim to co-host a street party featuring delicious food and a live DJ. Inside the store, designers Marcus Wainwright and David Neville will be on hand to help SoHo shoppers style their Fall looks. Special guests include Revlon's Global Artistic Director Gucci Westman who will perform mini-makeovers, and one of Revlon's Global Ambassadors.

Join Jessica Alba and Andre Leon Talley downtown at Ralph Lauren Soho for champagne, shopping, and a stylish performance by Grammy nominated singer Janelle Monae. Monae's 360 degree concert from the oversized loft windows will have guests dancing in the street to her soulful musical musings in honor of Fashion's Night Out. 

We hope everyone here in the city takes advantage of this fabulous shopping event. If you have any recommendations, we'd love to hear from you too! 

And let's not forget, this is a global initiative with 15 other countries and dozens of cities across the US coordinating their own festivities!

Thursday, May 20, 2010

The 2010 Shopper

As we live in a world of excess, mass-market retailers and global conglomerates are the leading figures of today's retail industry. However, as it is with any trend, there is always a backlash. And this past year, we have noticed a growing number of smaller, personalized boutique shops popping up all over major cities, creating intimate shopping experiences for those who want to purchase something that hasn't been replicated by the thousands.

photo via: J.Crew

It seems that as we live in such a globally-saturated, technology-driven society, consumers today want something different in their shopping experience. Rather than going to five floor department stores carrying every brand known to man, cosy settings with small, carefully selected products displayed with crafty art installations seem to be the preferred choice. And it is not just the local, underground shops, well-recognized stores like Anthropologie, the J. Crew Men's Liquor Store, and ABC Home have been much about keeping that intimate store atmosphere, despite the number of their chain stores.

As there are rapid expansions of chain store retailers all over the globe, there is a new, deeper value for things that are local, hand-made, limited, or one-of-a-kind. Although such products may be a bit more costly, consumers today are more careful about their purchases and want something that is special. Because there are so many options for practically everything nowadays, the infinite number of purchasing choices have created a more educated consumer; one who is more particular of what he or she buys, and willing to pay more if it deems worth. With the economic recession and the last several years of globalization and mass-consumption, there is less concern for buying the latest brand name and instead, a greater interest of things that carry a unique story behind it's exterior.

Guy Wolff pottery at Restoration Hardware 

Commercial brands such as J. Crew, Urban Outfitters, and Restoration Hardware, for example, have taken note and recently began collaborations with smaller designers and artists to bring in something unique to their collections. J. Crew just released it's small collection of chain necklaces made in collaboration with NYC-based Dana Lorenz, designer of FENTON and FALLON. Restoration Hardware is selling hand-thrown pottery designed by Connecticut-based artisan Guy Wolff. And Urban Outfitters works with a number of independent designers, with current exclusives from New York designer Ulla Johnson and the NY-LA boutique The Reformation. Although these retail stores still largely carry mass-market products, these small additions help them to stand out amongst the big name brands, while also offering competitive products against the local boutique shops.

And as online shopping is on the rise, there are several websites dedicated to providing hand-made or one-of-a-kind goods. Etsy, the social commerce site is all about building an economy that reconnects makers with buyers, taking advantage of the Internet to allow independent artists, designers, and craftsmen to sell their work in a global market. Culture Label is another, recognizing the importance of a cultural product, carrying handpicked items from artists all over the world. Offering what they call "products with soul", the founders behind Culture Label understand the need for purchases that are beyond mainstream and original in design, integrity, and authenticity.

So for those of us in New York needing to go on a shopping venture, there are a number of great, promising shops that are just walking distances away, and definitely worth checking out. Here we leave you with a short list of our favorites and recently new finds, and we'd love it if you can drop a note and give us your recommendations!

photo via: Albertine
Albertine, 13 Christopher Street

photo via: Refinery29
Maryam Nassir Zadeh, 123 Norfolk Street

photo via: Yatzer
Droog, 76 Greene Street

photo via: Refinery29
No. 6, 6 Centre Market Place

photo via: Refinery29
Kiosk, 95 Spring Street 

photo via: Refinery 29
Pixie Market, 100 Stanton Street

photo via: The Choosy Beggar
King of Greene St, 72 Greene St. 

Monday, November 9, 2009

Something borrowed, something blue...

For your average fashion fan, without benefit of Anna Wintour's six-figure clothing allowance, the closest she'll come to owning a runway dress is buying a Forever 21 knockoff. Two recent MBAs in New York had another idea, though: why not rent designer dresses to women at a fraction of their retail price?

Their new online service, Rent the Runway, offers the chance to attend a party in high style for as little as $50 for 4 days, dry cleaning included; and as an online service, it's just as convenient for the birthday girl in Nebraska as it is for a debuting actress in New York. With all the complications of making sure a dress fits long-distance, it remains to be seen whether the business model can turn a profit, but interest is certainly running hot: A feature on the company has remained among the top 5 on the NY Times' most emailed list since it came out yesterday morning.

Photo via NY Times

Thursday, October 29, 2009

Fashion's Night Out and more: Updates from around the Web


Well, it looks like we were wrong, wrong, wrong about Fashion's Night Out's success, or lack of. WWD reports today that the Sept. 10 event was SO smashingly successful that it's going to be repeated next year — and it'll be bigger and smashing-er than ever!!! Everyone's still mum about actual sales figures for the night, with Bergdorf ceo Jim Gold pronouncing that "More importantly… Fashion’s Night Out set a fun, optimistic and energetic tone for the fall season.” Yes, we'd forgotten, retailers always measure their success by the tone. Bloomberg, Wintour, and co. are looking to outdo themselves by getting New York's sales tax repealed for the day, meaning deeper discounts for those buying items over $110. Can it work? Of course it can!!

In other updates, we made an egregious oversight in posting Tuesday's bike commuting story without linking to this handy guide to the two-wheeled commute in NYC. Let it be known that MBF does not in any way condone bike commuting without use of helmets (in the US, at least), lights, and a good contingency plan for rainy weather!

Lastly, we seriously underestimated the number of licensing deals inked for Where the Wild Things Are. In addition to the two clothing collections we mentioned, there was a skateboard series, Uggs, vinyl collector toys, and jewelry... Check out the comprehensive round-up at CoolHunting!

Photo by essgee on Flickr

Thursday, October 22, 2009

Rallying around the Garment District

Yesterday's "Save the Garment Center" rally was well-attended — by fashion students, garment workers, and even high-end designers, reports the NYT — but it looks like the district could already be making a comeback. In a far cry from this summer — when Mayor Bloomberg proposed to consolidate the entire NYC garment industry into a single building — the city is now sponsoring incubator studios for young designers, who will be selected in a competition.

The 12 lucky winners will not only get a two-year lease at below-market rent in a shiny new architect-designed space, but will also receive counseling from the CFDA, making this something like a real-life Project Runway. Of course, for the landlords involved, even more than for the designers, it's a win-win situation: the floor being used for the incubator project was standing empty anyway.

Via The Cut; photo via NYT

Monday, September 28, 2009

TheGreenShows at NY Fashion Week

While the big names at the Bryant Park tents and MAC at Milk were busily hogging most of the attention at NYFW, a small, green revolution was going on in Soho... on Greene Street, naturally! With EarthPledge's usual high-profile FutureFashion show on hiatus, a new player stepped into the mix: TheGreenShows, featuring our longtime fave Bodkin along with pieces from Ekovaruhuset (above), a boutique carrying intricately crafted work from international designers; along with collections from Bahar Shahpar, Lara Miller, Izzy Lane, Mr. Larkin, and Study by Tara St. James, with makeup by eco-beauty line Suki.

Wednesday, September 16, 2009

David Byrne, saving the world one bike at a time.

New York has gone bike crazy this summer, and David Byrne would like at least some of the credit, please. Best known as the geek-chic Talking Heads frontman, Byrne has been doing some thinking lately about how urban life could be better. And it revolves around bicycles — you see, he's been riding one around New York for 30 years.

First, inspired by judging a citywide bike rack design competition, he paid to have 9 Keith Haring-esque bike racks installed around New York, each an original design by, well, David Byrne. Now he's organized an exhibition of bikes created by artists other than himself, opening Oct. 4 in Connecticut.

And with a memoir-cum-philosophical tome, "Bicycle Diaries," coming out next week, he's penned an article in the Wall Street Journal summing up his vision for ideal urban planning: medium-sized cities, with human-scale construction, wide boulevards, mixed-use neighborhoods, and ample public spaces. His ideas are nothing new, but as with Bono and Africa, perhaps his celebrity glow can rub off on his cause: better cities for everyone. And if that's not sustainable, what is?

Monday, September 14, 2009

6 ways Fashion's Night Out is like the internet

Both are 1) open late, 2) extremely well-connected, 3) rife with celebrity appearances, and 4) swarming with enthusiastic visitors, making it 5) nearly impossible to filter out the noise… but at the same time, 6) neither has turned out to be the instant moneymaker everyone thought they would be.

This we suspected already the night of the big party, with crowds, performances, and fancy displays making it difficult to actually shop for clothes. As it turns out, we're not the only ones who felt this way: Barneys creative director Simon Doonan, admits that although "just from an energy point of view it was fabulous," the much-heralded evening of shopping was "not incredible from a business point of view." In the same interview, Doonan refused to say whether Barneys lost money on the night, but acknowledged that the event "was not inexpensive."

Of course, as with any promotional stunt, the question is whether Fashion's Night Out can have an impact long-term, perhaps getting people back in the mood for shopping so they'll return another time and actually buy things. Measuring that, however, is best left to posterity.

---
9/16/09: Comments NYC gossip blog Gawker on the situation:
The problem isn't that people don't like shopping, it's that they have no [unprintable term] money!
Well put indeed.


Photo via The Cut

Wednesday, August 26, 2009

Anna Wintour, saving the world for fashion.


She was once so mysterious that "The Devil Wears Prada" resorted to thinly disguised fiction to betray her secrets — but suddenly Anna Wintour is everywhere: in the new documentary "The September Issue"; being interviewed on David Letterman; in this new commercial for her latest pet project, Fashion's Night Out; and even, on the big night itself, in Brooklyn and Queens. Shortly after, she'll make the hop across the pond to London, whose much-ignored Fashion Week she hasn't attended in two years — even though she was born and raised there!

But the big question remains: Can Anna Wintour save the fashion industry? Clearly, this season the rag trade has displayed an ingenuity and resourcefulness it lacked in flush times. Wintour's pet project, Fashion's Night Out, will bring top designers, fun, games, drinks, and shopping for all to stores around New York — and around the world — on the eve of Fashion Week; while London's Fashion Week, in a bid for relevance, has wooed back several prominent designers who had begun showing in other cities, including Burberry, Matthew Williamson, and Jonathan Saunders.

Wednesday, July 29, 2009

News flash: NYFW turns into a catfight, er, catwalk fight!

We've all heard plenty of gossip about rivalries between designers (Yves vs. Karl, anyone?), editors (Anna vs. Carine!), models, and even retailers, but this is something else – dueling New York Fashion Week venues! For September, Milk Studios and M.A.C. beauty products have teamed up to offer an alternative to the Bryant Park tents, and have snagged a bevy of hot young designers, including Alexander Wang (pictured), Proenza Schouler, and Peter Som. Best of all, the new venue is free for the designers. That's right, FREE – a $26,000+ savings over Bryant Park.

Lest IMG's Fern Mallis feel that M.A.C. is stealing her thunder, Estée Lauder group president John Demsey points out that all but of these designers don't show at the tents anyway; M.A.C. is simply consolidating them under one roof. And IMG is providing a shuttle bus between the two locations – provided, that is, that the shows don't conflict with IMG's.

Hard as this may be for IMG, it's great news for designers, who can concentrate their budgets on staying in business in these tough times rather than putting on shockingly expensive shows. And this Meatpacking District location is a great replacement for Bumble & Bumble's dearly departed venue, which featured up-and-coming designers showing in the hair empire's flagship location.

Via WWD

Tuesday, July 7, 2009

News flash: What recession? SS10 fashion weeks defy expectations.

With all the design houses going out of business lately, one might have imagined September's upcoming fashion weeks would be tragically quiet, underattended affairs. One would, in that case, have been utterly mistaken: IMG is reporting that the number of designers wanting to show at New York Fashion Week is up this season, while the British Fashion Council is staging a concerted – and so far quite successful – effort to lure back local designers to London's much-ignored fashion week.

Prodigal sons and daughters returning to the British Isles for SS10 include Burberry, Matthew Williamson, Pringle, Jonathan Saunders, and Clements Ribiero. Next step: Bring back the editors. WWD barely even bothered to cover last season's shows; this time around, PR diva/reality star Kelly Cutrone has been charged with filling London's front rows with American buyers and media. Will it work? Let's hope so – London has always been a hotbed of fresh talent and wild prints, and it would be a shame to lose its quirky charms.

Tuesday, June 30, 2009

Designers to Watch: Charlotte Ronson (New York)

Falling somewhere between Isabel Marant and Chloë Sevigny on the vintage-inspired-downtown-chic fashion spectrum, somewhat lesser known than her twin sister who famously dated Lindsay Lohan, designer Charlotte Ronson has nonetheless managed to carve out a significant niche for herself in the fashion world, and with a surprising business partner: J.C. Penney.

What could a New York scenester and a staid department store chain have in common? Well, teenage shoppers, apparently. Ronson's accessible, sweet-but-almost-grungy Liberty-print dresses and rompers, high-waisted shorts, and back-buttoned cardigans translate so fluently to the mass-market line that it's nearly impossible to tell which of the above photos are from the discount line and which from her runway line. (Answer: the J.C. Penney line, called I Heart Ronson, is on the left). WWD reports today that Penney's stock has been upgraded, largely on the strength of their direct sourcing and private-label lines – including I Heart Ronson, no doubt.

--
Update 7/8/09: In a new survey, J.C. Penney ranked second, after Old Navy, among mall stores visited most by teens. Go, Charlotte, go!

Tuesday, June 9, 2009

News flash: Department stores, up and down


Wal-mart shareholders just got out from their star-studded annual meeting, in which Ben Stiller, Miley Cyrus, and various company execs celebrated the mega-retailer's status as one of few chains with, um, not-so-terrible sales amid the recession. 

Meanwhile, in Germany, the department-store and catalogue group Arcandor has filed for bankruptcy in another American Apparel-like situation: Three days from now, a bank credit of €710 million comes due, and without a serious rescue and restructuring plan, they won't be able to cover the debt. This creates a looming spectre for Germany: What kind of impact will it have on the economy if a major department chain, the Arcandor-owned Karstadt, simply vanishes?

Back in the States, Neiman Marcus isn't disappearing entirely, but some of their opening hours are. After analyzing traffic patterns in their stores, they've decided to open some locations later, and close others earlier. A smart move, even if it hadn't been prompted by the recession: Why spend money to keep your store open if nobody's there?

A more drastic version of that scenario is playing out in New York as Virgin Megastores North America follows its UK brethren into oblivion. Founded by Virgin impresario Sir Richard Branson, the Stateside part of the chain of cavernous music and bookstores was purchased in 2007 by Vornado Realty Trust, which quickly determined that the stores' real estate would bring better profits than did the stores themselves. How the truth hurts…

Saks, meanwhile, is betting on a $30 million renovation to boost sales on its designer floor. Chanel will be front and center, joined by younger designers including Doo.Ri, Erdem, and Martin Grant. But they're not exactly putting all their eggs in the luxury-goods basket: Saks is actually planning to get designers to lower prices, dropping them from the "best" into "better" tier of clothing. Can it work? Will designers survive the narrowing of their already-slim price margins? With Jens Laugesen, Emma Cook, and Veronique Branquinho already folded, the recession will surely claim more casualties as it unfolds, both among small designers and giant retailers.

"The Fall of the Mall" illustration via NY Times

Wednesday, June 3, 2009

Going green: New York catches bicycling fever


Forget that nasty swine flu – New York has a fever, and it's a fever for bicycling! First came transportation commissioner Janette Sadik-Khan, who installed 180 miles of new bike lanes; then the David Byrne-led bike rack design competition; and now, a fashion contest at FIT to design fashionable biking clothes, judged by the North American head of LVMH. The winner, 21-year-old Jessica Velasquez, dreamed up an envelope backpack that holds a garment bag and an adjustable-length poncho with reflective piping, which will be made into prototypes by DKNY.

But it doesn't take a contest to rustle up fashionable biking apparel; local indie label Outlier makes performance-wear disguised as office-friendly basics, including wool trousers and a merino wool T-shirt, while London-based Rapha offers up sharp tweed bike caps and a very of-the-moment cropped-trouser suit engineered for bicycling. And fave fashion blog Refinery29 has just posted their picks for hip, bike-friendly clothes – as it happens, the current trends for mesh tops, bralettes and bike shorts fit right into the new biking frenzy! Finally, if you can't get enough bikewear, fashion blog Copenhagen Cycle Chic has your daily fix of stylish cyclists.

Photo via WWD

Friday, May 22, 2009

News flash: Fashion, out on the town and around the world

Knitting lessons at Barneys? Rock shows at 3.1 Phillip Lim? Believe it – Fashion's Night Out, a special event from no lesser luminaries than New York mayor Michael Bloomberg and freshly-minted TV personality Anna Wintour, is arriving Sept. 10 in New York as well as as-yet-unnamed cities in Britain, France, Italy, Spain, Greece, Japan, China, Taiwan, Russia, Brazil and India. 

Without any real details posted, it's hard to tell whether the magnitude of this year's event is a mark of retail desperation, a sign of feisty can-do attitude, or some combination of the two. But in a nod to society's altruistic mood, the designers and retailers involved are not only saving themselves, but nobly collecting clothing in a drive that has yet to be explained on the event's website.

Wednesday, May 20, 2009

News flash: Small is bigger than ever


Pop! Among luxury fashion retailers, Comme des Garçons was a trailblazer in opening pop-up shops, starting with a guerrilla store in Berlin – opened in 2004 under the conditions that the rent had to be under $1,000 a month, and the decor had to come in under $2,000 in all. The unassuming little storefront was such a success that it became a permanent fixture (above) in Berlin, and has since spawned 30 more CdG pop-ups. Now, with the economy making swanky flagships taboo, Europe's more traditional fashion houses are opening temporary stores around the world: Hermès in the Hamptons, Chanel in Moscow, and Louis Vuitton in Tokyo.

And the trend isn't limited to the high end: Big-box retailers from OfficeMax to Radio Shack and even Wal-Mart are opening up mini-concept stores that concentrate on one specific area, hoping to catch customers who don't have time to stroll the longer aisles and even longer check-out lines of their larger stores. Banana Republic is getting in on the action, too, with a dedicated accessories store that opened Friday in San Francisco. Designed with "an urban town house-art gallery motif," the boutique is luxe, though its prices are not: 80% of the merchandise is priced under $100.

Wednesday, May 13, 2009

J. Crew (New York)


While Abercrombie flounders, another brand with a similarly preppy heritage is working wonders. Under the leadership of spurned Gap CEO Mickey Drexler, J. Crew has completely shed its '90s-era identity as a catalog company hawking affordable, bland button-downs and khakis, to become a retail power player, a staple of Michelle Obama's high-low wardrobe with its colorful, up-to-date, fresh yet ladylike women's styles and complementary accessories; as well as a go-to designer for simple, well-priced wedding gowns and bridesmaids' dresses. Their little-sister brand, Madewell, is beloved by youngsters and fashion writers alike for its slim yet rugged, classic yet on-trend, Americana-inspired selection of rumpled jeans, stompy boots, and soft cotton shirtdresses. 

And now, the J. Crew juggernaut is expanding its hold on Soho, with its third-ever freestanding men's store opening next door to the much-hailed Topshop colossus. With its separate suiting department, antique furnishings, and restored original storefront, the new shop could be the middle-class man's answer to Tom Ford's uptown palace.

Now for a dose of reality: In spite of the critical raves, same-store sales were down 13% in the fourth quarter of 2008, leaving the company with a net loss of $13.5 million for that quarter. But Drexler and other execs took no bonus for the year, and say they're looking to make long-term investments in the company's future with developments like the men's store, a separate children's catalog, and a new in-store concierge service.

Tuesday, May 12, 2009

News flash: Abercrombie losing sales, minds

Quiz: Your dominance of the teenage mall crowd has been crushed by a recession that's sending kids over to your similar, but lower-priced, rivals, while your higher-end line was sagging even during the boom years. Do you: A) hold giant sales? B) start closing stores? C) concentrate on reviving your main line? or D) open a giant flagship on 5th Ave. for your children's line? 

Well, if you're Abercrombie and Fitch, the once-invincible preppy-wear chain that built its brand on Bruce Weber's homoerotic images of underdressed male models and its ever-present wood-clad, dimly lit, heavily perfumed stores, you choose option D. After watching same-store sales decline 30% in February, 34% in March, and 22% in April, A&F has been quietly discounting merch at its A&F and slightly cheaper Hollister stores, but refuses to advertise the fact. Instead, it would seem they're counting on a new children's store in the failed Hickey Freeman location on Fifth Ave to revitalize the brand. Good luck, guys – you're going to need it. 

Meanwhile, in case there was any doubt as to where Abercrombie's former customers are now heading – lower-priced teen brand Aeropostale's sales are up 20%.

Wednesday, May 6, 2009

News flash: The gold standard is back!

Okay, we all know times are tough, and lots of shoppers simply don't have the cash on hand to spend the way they used to. The solution? Give it to them. Forget coupons – sportswear mini-chain Olive and Bette's is now accepting gold as payment, reports the NY Times, with licensed gold buyers on site at each of its four Manhattan locations to weigh unwanted jewelry and offer money for it on the spot. Similarly, organic denim brand Loomstate is teaming with jewelry designer Jill Platner for an event tonight at which guests can turn in their gold in exchange for store credit  – valid at Jill Platner, naturally. 

Photo via NY Times