Retail Detail. Gap No Longer Sponsoring CFDA/Vogue Fashion Fund, Plans Global E-Commerce Instead

The CFDA/Vogue Fashion Fund 2009 collaboration with Gap Gap Inc. has just announced they will no longer be sponsoring the annual CFDa/Vogue Fashion Fund, the scholarship they've been involved with since 2007. This year, J. Crew will be taking the reigns as chief sponsor of the scholarship and much talked about campaign. That means, gently-priced …

Read more

Retail Detail. Zara Plans E-Commerce Launch

Its been awhile since any of us wished we could browse the latest collections of Zara and H&M online—and actually buy something! The two mega retailers (as beloved as they've been since making the leap to the U.S.) have always lacked the convenience of e-commerce, but now at least one these fast fashion chains is …

Read more

Retail Detail Update. Filene's Auction Finally Finished? Men's Wearhouse Out, Syms Takes Over

The bidding battle that has ensued over gaining ownership of bankrupt chain Filene's Basement, is sure to go down in retail history. After weeks of settling agreements and attempting to outbid each other, all three prospective owners—Men's Wearhouse, Crown Acquisitions, and a team of retail giant Syms and Vornado Realty Trust—were beaten down, battered, and …

Read more

Retail Detail. Dangerous Game: Has Saks Ruined Luxury Retail?

Has Saks ruined the luxury market, forever? Saks Fifth Avenue slashed prices by up 70% on designer clothes last November before the holiday season even began…and all fashionista hell broke lose? Manolo Blahnik shoes going for $160? It started a stampede. According to an in-depth article in yesterday's Wall Street Journal, Saks's deep, mid-November markdowns …

Read more