Today's Fashion Headlines: October 4, 2012

The women’s section of Hugo Boss

Hugo Boss Opens New Concept Store
Hugo Boss opened, for the first time in the U.S., a new concept store that has been used in higher-end locations in China and Europe. Four more stores with this design concept will open internationally in Asia-Pacific and Scandinavia. The Manhasset store is planned to be the only concept store that will be in the U.S.
The location, a 3,400-square-foot storefront, has dark brown colors intermixed with beige fabric walls. Elements like bronze brushed and high-gloss surfaces, leather accents, and stone flooring. The location will feature Boss and Boss Green menswear, along with Boss, Boss Orange, and Hugo women’s collection, with  shoes and accessories. Although the new concept might only be in the U.S. in one location, the company does plan on adding eight more stores within the U.S. to their list.
French Minister of Culture Speaks Out
Donning a Azzedine Alaïa dress, Aurélie Filippetti, the French Minister of Culture, spoke about the importance of fashion in the new Socialist government. During her visit to The Designers Apartment, a space created to showcase young designers’ collection, during Paris Fashion Week, Filippetti told WWD how fashion is important for employment, creation, and many arts crafts that depend on her ministry.
Although the stylish minister was not able to attend the shows this season, Filippetti did take the opportunity to meet with young designers and learn more about their wants. “Lots of the clothing I saw today is made in France. It is a window of hope,” Filippetti said, while looking at her Repetto shoes, adding that those, too, were made in France.
Weak Sales In September
With the back-to-school season done, retailers were interested to see what their sales results ended up being. Macy’s Inc.‘s estimate was a 2.5% increase, while it was expected they would reach a 3.3 percent rise. Gap Inc. achieved surprising results, with a 10% increase due to the store brand Old Navy. Competitors of this brand receive a 6% increase, which is still higher than expected.
Victoria Secret gained 6% in sales for September, making Limited Brands Inc. move up 5% in sales. The young adult clothing retailer The Wet Seal Inc.  received a 12.7% decline, smaller than expected for the company. Many retailers went above the expected amount, still however holding weaker sales for the back-to-school season.
– Lindsay Grundy
Source: WWD

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