by on February 7, 2019
When Nordstrom opened its first store in Manhattan last April—a three-level, 47,000-square-foot men’s store located at 57th and Broadway—the retailer set a new standard for experiential luxury.   GQ called the Men’s Store “an accurate portrait of what a successful department store looks like in 2018”—a feat when longstanding Lord & Taylor and a brand-new Saks Fifth Avenue were plotting store closures in the city. The New York Times lauded the store’s assortment: “The range in products o...
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by on January 29, 2019
    Emerging luxury markets are propelling the global fashion business as the sector sees shifts in creative strategies and more brands embrace long-term goals for technology and sustainability.   In Asia–Pacific and Latin America, emerging-market countries saw growth between 5 and 7.5 percent from 2017 to 2018, according to the McKinsey Global Fashion Index. Fashionbi's Global Fashion Industry report also showed that continued consolidations of luxury brands, primarily in Europe, ha...
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