President Barack Obama may heart Hartmarx, but it still hasn't saved the company from falling victim to the bad economy. We know we rarely report on men's fashion…but we are talking the President and a Chicago firm here. According to WWD, late last Friday, the President’s favorite Chicago tailor, and one of the oldest and …
L.A. is suffering from an epidemic of closings and downsizing which has really hit high-profile specialty boutiques. From Rodeo Drive to Melrose Avenue the economic reality has rocked merchants on some of the Los Angeles region’s best-known shopping streets. The shutdown of boutiques like Tracey Ross, which closed on New Year’s Eve after 18 years …
Here we go. Get prepared to see many more store closings in the upcoming months. Famed L.A. boutique, Tracey Ross, is closing on New Year’s Eve because of fallout from the recession. Ross first opened her shop, on Robertson Boulevard, in 1990 before moving to the Sunset Plaza district in West Hollywood in 1996, where …
According to Wikipedia, wardrobing is the practice of purchasing an item, using it, and then returning it to the store for a refund. It is most often done with expensive clothing – hence the name – but the practice is also common with tools, electronics, and even computers. Having worked retail for years I was …
According to WWD, the financial meltdown on Wall Street is casting a dark pale over the fourth-quarter outlook for the $8.9 billion U.S. prestige beauty industry. Reports of overall department store show sales were down 1.6% for August and behind by 1% for the year-to-date. What happened to buying yourself a little cosmetic pick-me-up when …
