Made in New York at Barneys New York Next Week
Barneys New York capsule collection titled Made in New York goes in stores next week in all nine flagships and five of their smaller stores. Barneys asked seven of its top designers to produce items completely in New York City to support the local manufacturing community.
Altuzarra, Thom Browne, The Row, Proenza Schouler, R13, Rag & Bone and Narciso Rodriguez (pictured above) made pieces for the collection made up of designs inspired by the greatest hits from each label. The lineup includes women’s, men’s and accessories. With the exception of Altuzarra, all of the designers actively produce portions of their collections locally.
The project was brainstormed by Daniella Vitale, Barneys’ chief operating officer, and Steven Kolb, the CFDA’s ceo, who struck a partnership: Ten percent of the sales of Barneys’ Made in New York collection benefits the CFDA’s Fashion Manufacturing Initiative, the three-year-old grant program that invests in local manufacturing facilities. Factories applying this year are eligible to receive up to $300,000 (up from $150,000) each and are required to match a third of the money received. Andrew Rosen of Theory is the principal underwriter of the program, followed by Ralph Lauren and The Coach Foundation.
Target Apparel and Home Raises Profits
Strength in apparel and home-related categories in the second quarter pushed sales and earnings up at Target Corp., which caused the retailer to revise its full-year profit outlook. After discontinuing its Canadian business, net income jumped to $753 million, or $1.21 per share, from $234 million, or 62 cents, in the same period last year on a sales gain of 2.8 percent to $17.42 billion from $16.96 billion.
Brian Cornell, chairman and chief executive officer, said in the earnings report that results reflect higher traffic and strong sales of its “signature categories,” which includes apparel, wellness and home goods. “Looking ahead, we are focused on making further progress against our strategic priorities and are committed to improving operations as we move through the important back-to-school, back-to-college and holiday seasons.”
Jessica Simpson Brand Celebrates 10 Year Anniversary
Jessica Simpson‘s brand has been around for 10 years – just like Second City Style! Jessica Simpson evolved into a $1 billion lifestyle brand at retail, and the company has aspirations to double, or even triple, volume in the next 10 years.
To meet their goal the brand will include new product lines, such as activewear and another fragrance developed especially for the decade milestone. “We’ve watched the girl-next-door grow up,” said Don Loftus, president of Parlux Fragrances Inc., Simpson’s fragrance licensee. “And 10 years later, she’s proven her sustainability. She has a great sense of humor, [but] she takes the creation of her products seriously.”
– Carol Carol
Source and Photo: WWD
Today's Fashion Headlines: Made in New York at Barneys, Target Profits Up, Jessica Simpson Brand Celebrates 10 Years
August 19, 2015