Alexander Wang Opens Tokyo Flagship
Alexander Wang has just opened its first flagship in Japan as the brand slows its rapid expansion efforts in favor of growing sales through its existing store network. Alexander Wang president Rodrigo Bazan said he is happy with the company’s performance and sales growth but he is also cautious not to overexpose the brand and open too many stores too quickly. Wang, who did not travel to Tokyo for the store opening, said he loves the Japanese capital and its people’s innovative approach to fashion.
Macy’s Herald Square Said Opening Thanksgiving Day
Macy’s Herald Square is opening for business on Thanksgiving Day, breaking a long-standing tradition of keeping it closed during the holiday, according to sources. Macy’s has already decided to open its Herald Square flagship and possibly other stores at 8 p.m. on Thanksgiving. Macy’s may be feeling the pressure from competitors that have been opening earlier to get a jump on the Black Friday rush. In addition, it’s expected to be a highly competitive and promotional Christmas season, with industry forecasts for sales gains only in the 2 to 3 percent range.
Toledos to Launch Line for Lane Bryant
Isabel and Ruben Toledo have teamed with Lane Bryant to launch a capsule collection is a first for the special-size retail chain. Their first go-round which is a novelty T-shirt and tote bag highlighting Ruben Toledo’s signature sketches will be in stores for the holidays with a full collection of ready to wear, outerwear and accessories planned for spring. After our First Lady wore Toledo’s lemongrass-colored ensemble to the presidential inauguration in 2009, Toledo carried on pretty much as she has for 30 years, preferring to focus on her craft than finesse the art of self promotion.
– Mehar Singh
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