Ever since Michael Kors’ Capri Holdings announced the acquisition of Italian-luxury brand Versace, comparisons with 164-year old international fashion powerhouse LVMH have run rampant. My colleague Pam Danziger and I have been baffled because in our minds, we see both companies […]
Why LVMH Grows Year After Year Read More »
No one can dispute that free trade should be fair to both sides. And no one can dispute that the U.S. and China trade relationship (the biggest among all nations) has been unbalanced in favor of China for several decades.
The U.S./China Trade War: Lose Face, Lose Everything Read More »
Bah, Humbug! This dispatch is all about the Grinch lurking in what is predicted to be your best holiday sales performance in years. The Grinch would be Wall Street and the homage you pay to those \”short-termer\” investment spoilers at
Black Friday: Now Onward to Holiday Bells Read More »
Mention Bleecker Street to someone and, depending on their age and the context, you will get a myriad of answers. To certain people, Bleecker will always be the heart of New York City\’s Greenwich Village of the 1960s, the home
Brookfield Is Trying to Turn a Bleaker Street Back into Bleecker Street Read More »
Facebook\’s much-loved acquisition Instagram, now with over one billion users, has been a boon to users, retailers and brands. The app\’s initial role as a creative outlet has evolved into a tool whose prowess at customer acquisition is unmatched. While
The retail industry may be under siege, but when it comes to the holidays, they are the mothership optically for nostalgia, sentimentality and remembrance of better things past. If you live in an urban area with sidewalk traffic, it is
Once Upon a Time in America Read More »
In one minute and 25 seconds, Alibaba scored shock and awe sales of $1 billion. Say again!!? Not only that, sales exceeded $10 billion in five minutes and 21 seconds faster than last year. Then they went on to finish
“Singles\’ Day’s” Dirty Little Secret Read More »
Ever since Salesforce.com CEO Marc Benioff declared that \”Loyalty is dead,\” in a November 2017 interview with Mad Money\’s Jim Cramer, business leaders have been wringing their hands. But listen beyond the attention-getting soundbite, and you will learn that what
Millennials and Loyalty Read More »
What\’s behind all the empty storefronts in New York City? Faith Hope Consolo, head of retail leasing for Douglas Elliman Real Estate, told the New York Times, \”When you walk the streets, you see vacancies on every block in all
The Changing Landscape of Luxury Retail in New York City Read More »
Wow! Another huge disruption coming out of McMillon\’s Walmart. They seem to have one speed only: meteoric. One could say I spend too much time covering their warp speed, almost-daily initiatives. But, how can I not? As the largest retailer
Walmart Town Centers: One More Wow!!! Read More »
