Topic: luxury

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...

Innovation is becoming an obsession for the contemporary brands. Disruption is considered the key to success. Stellar growth is a must.     Earlier this month Apple shares slid by 10% and many insiders ascribed this weak performance to the lack of innovation in its latest products. Brunello Cucinelli shares dramatically dipped following its 2018 report that saw a revenues increase of +8.1% – something considered too low and slow by analysts. It is certain that the investors are eager...