Retail Detail. The L.A. Boutique Closing Epidemic

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 …

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Retail Detail. The 'Outnet' Outlet

Happy New Year! Paying less for luxury items is in for 2009 (in fact it’s my resolution…one I plan to keep!) and thankfully Net-a-Poter has us covered (in designer duds). That’s right, if you can’t afford much on high-end online shopping site Net-a-Porter these days, founder Natalie Massenet is planning to launch a Net-a-Porter’s outlet …

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Sign of the Times. The Unethical Habit of Wardrobing

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 …

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Retail Detail. Miu Miu Opens Third NYC Store Today

Things can’t be all that bad. Miu Miu is opening it’s third New York store on 57th today. “Miu Miu, with its strong and independent identity, has reached in just a few years a worldwide success and recognition,” Patrizio Bertelli, Prada’s chairman and chief executive officer, told WWD. Last year, Miu Miu had sales of …

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News Flash! Ann Taylor Kicks Lazarus to the Curb

Christine Beauchamp Where’s the love? Here’s a riddle…what happens when you are in charge of a women’s specialty chain that is dated (and in need of a serious overhaul), but miraculously post higher second-quarter earnings than expected? You get your pick slip. Or so is the case with Adrienne Lazarus. According to WWD, Christine Beauchamp …

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