Staggering growth in online retail amid recession
If anyone was in any doubt as to the future of retail, here is yet more proof that online may be – if not recession proof – then at least recession resistant. Mango ended 2008 with an increase in sales of 35% over the previous year.
What’s the key to its success? Free delivery to a [...]
Good news for some in difficult retail climate
The FT has an interesting article on how sales of online fashion retailer ASOS have more than doubled year-on-year since the last holiday period.
Why is this? Partially it’s the tolerance of low margins that online retailers have.
This year could be good for smaller luxury brands trying to gain some ground
With Neiman Marcus slashing 375 jobs, possibly in response to a 27.5 per cent decline in sales this December, the outlook for large luxury brands is grim.
Times have changed, but how much?
Quoted in a fascinating write-up of a discussion between top retail CEOs Mickey Drexler, CEO of J-Crew, thinks that “The world is not about [...]
The House of Chanel on BBC Four
I highly recommend catching The House of Chanel on BBC Four this Tuesday and Thursday. I happened to watch the first episode of this documentary series a couple of years ago when BBC Four showed it as a followup to the film Brodeuses. Now they’re finally showing all five episodes. It’s fascinating to watch and quite [...]
Great list of top BoF articles of 2008
The Business of Fashion has a phenomenal list its best articles of 2008 – make sure you take a look.
I thoroughly recommend that anyone who is interested in business and fashion pay the BoF a daily visit.
Fashion advertising and PR on the cheap
I came across this article in the New York Times; here’s a related article from the Herald Tribune. It’s great news for that they are ‘cutting out the middle man’ in terms of cutting costs, this won’t really impact very much on smaller labels.
If you’ve got money to burn, you might as well [...]
Net-a-porter outlet store launch date announced!
Net-a-porter founder Natalie Massenet has, almost a year after the store was first announced, finally given us a launch date: the store, theoutnet.com is set to go live in February 2009.
Meanwhile, if you really can’t wait there is currently a sale on over at at Net-a-Porter.
Thanks to Fashionologie.