FashionUnited highlights from January '19
American brands can't follow the Gucci formula
In January we said au revoir to Raf Simons at Calvin Klein. It was a short, albeit brilliant tenure of two years and four collections. It was a bit surprising how quickly this Titanic sunk, but in an era constantly demanding newness, most trends come and go faster than people even change outfits. While brands like Gucci may have been able to keep luxury in its roots, products, and history from top to bottom, other brand can struggle, and when those customers buying Calvin Klein off the sales racks at Macy's aren't responding, Houston, you have a problem.
Interview: what Stitch Fix can teach us about the future of retail
Founded in 2011 by Katrina Lake, Stitch Fix is an online personal styling service in which a combination of algorithms and human stylists selects clothing, shoes and accessories from more than 1,000 brands for its clients. For many analysts, Stitch Fix is the fashion version of the business model that made companies like Netflix and Spotify successful. FashionUnited spoke to Eric Colson, Chief Algorithms Officer at Stitch Fix, to learn about the company’s business model in more detail.
Nordstrom launches series of new men's retail concepts/h2>
It was a suitably gelid January morning that Nordstrom, under the direction of its new VP of Men’s Fashion, Sam Lobban, chose to reveal its debut concept of 2019: a 20-brand winter weather shop entitled Out Cold. Brands selected arrive from Scotland, Sweden, Canada, France, Switzerland, New Zealand, Australia, Italy and the U.S. Amid reports that menswear will outperform the global women’s sector by 2020, the market’s focus must be on innovation. To this end, Nordstrom’s New Concepts is designed as a platform where Lobban can test and spotlight the most exciting ideas across menswear.
Related news:
PVH raises profit outlook, unveils restructuring plan for Calvin Klein
Steve Shiffman, Chief Executive Officer of Calvin Klein, Inc., a wholly owned subsidiary of PVH Corp. unveiled a series of strategic changes to the company in response to, what the company has called, rapidly evolving fashion and retail landscape. As a part of the strategy, Calvin Klein’s the 654 Madison Avenue store will be closing in spring 2019.
These are the top 10 global consumer trends in 2019
Market Research Firm Euromonitor published a report in January outlining the top 10 consumers trends to be expected in 2019 around the world. FashionUnited summarizes them in this article.
WGSN Buyers’ Briefing: retail focus for Fall 2019
The trend forecasting site delivered a comprehensive retail-driven summary of trends driving Fall/Winter 2019 sales for those walking the floor of PROJECT Men's trade show this week to finalize their Winter buys. Here is what will dominate compiled by color, pattern, materials and key items.
'Tired' Lagerfeld misses Chanel Paris couture show
Karl Lagerfeld pulled out of two Chanel Paris haute couture fashion shows in January, with the label announcing the veteran designer "was tired this morning". As the French capital was hit by a snowstorm, the 85-year-old creator left his studio head Virginie Viard to take the bow for him at the end of his spring-summer collection.
How to use Pinterest to promote a fashion business
With its 250 million users, Pinterest is much smaller than other social networks: Facebook has a massive user base of 2.2 billion, while YouTube gathers 1.8 billion, Instagram counts 1 billion active users and Twitter, 326 million. But marketers looking to promote fashion brands shouldn’t overlook Pinterest just because of its smaller size, as it is a very powerful tool to reach out to new customers.
When fashion made feminism cool, did it steal its power?
Do we need to read Chimamanda Ngozi Adichie’s essay “We Should All Be Feminists”? If we’re wearing those words on a T-shirt from the Paris runways, doesn’t that automatically communicate, along with our unquestionable sense of style, our awareness of her writings? Remember when the tag “Feminist” wreaked too much of angry, man-hating harridans with under-arm hair for many women to want anything to do with it? Now feminism is beautiful and glamorous and expensive. Or it’s cool and sassy and star-spangled. Everyone wants in on the action, but is that a good thing?
Debunking Sears' eleventh-hour rescue plan
Sears’ chairman Eddie Lampert reached a deal with Sears at the beginning of January to acquire 425 Sears stores and other assets for about 5.2 billion dollars after winning a bidding process. Lampert’s ESL Investments will put 850 million dollars into a new asset-based loan, according to a regulatory filing last from January, 18. Although the company shared their relief via corporate release as soon as the filing was made public, there are still doubts regarding this rescue plan.
Main article photo credit: PVH Corp website
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