Today’s Fashion Headlines: Thursday, November 14, 2013

November 14, 2013 • Fashion Blog, Fashion News, Retail Detail

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Lady Gaga Opens H&M Flagship in Times Square

Despite the cold and  brisk weather countless fans lined up and around the massive 42,000-square-foot, New York, H&M flagship to witness the pop star Lady Gaga cut the ribbon in celebration of the retailer’s grand opening. Fans were eager and adamant to be present for this event. It is reported that the line started around 5 p.m. on Wednesday, and got interminably long only a few hours later, soon snaking around the Condé Nast building on 42nd Street, and up Sixth Avenue for three blocks.

This was an epic moment for H&M, fans, and also Lady Gaga who couldn’t believe that some people had been in line for more than 30 hours, waiting for an opportunity to see the star and possibly win the H&M “golden ticket” promotion, in which 20 random people would be chosen out of the first 1000  in line to have early access to shop in the flagship, and also an opportunity to do a 30 minute meet and greet with Lady Gaga before the rest of the customers were allowed entrance.

Lines formed in front of other H&M stores around the world as shoppers turned out for the arrival of a one-off collection designed by Isabel Marant, carried in 250 locations.

Kohl’s & Wal-Mart Downbeat on Holiday

Unfortunately, a day after Macy’s Inc. sounded confident in its outlook for Christmas, the world’s largest retailer and the department store chain, Wal-Mart and Kohl’s reveal gloomy forecasts regarding their holiday shopping season. Wal-Mart said that it anticipates flat sales at its U.S. Wal-Mart stores during the fourth quarter, with results at Sam’s Club flat to ahead 2%. Shares of Wal-Mart were down 2.1% in pre-market trading. Kohl’s reported a decline in sales and profits for the third quarter, and issued fourth quarter guidance that fell below analysts’ expectations.

Both retailers have aggressive plans to drive more traffic into the retail environment, in-store and online during the holidays. Their goal is to help customers and shareholders enjoy the holiday season, and hopefully substantially gain market share.

Carven Set to Open in SoHo

Carven’s first U.S. store is set to open soon. A soft opening was scheduled today, but unfortunately due to its construction disarray, the opening will be delayed. The luxury boutique which sits at 83 Mercer Street joins fellow French brands including, A.P.C., Iro, Isabel Marant, Jerome Dreyfuss and Balenciaga, which opens later this month. The retail cluster is said to be a fashion dynamic, contemporary but also very creative.

The 1,636-square-foot space that Carven now occupies will entail oak and marble furnishing, with mosaic flooring designed by Domeau & Peres, which is consistent with Carven’s 15 other stand-alone boutiques. There are also a few decorative touches specific to New York, such as a ceiling light installation, a pêle-mêle mosaic wall and red plywood floor. The new SoHo location is said to be  like a mini Paris.

– Keyera Simmons

Source: WWD

 

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