Expert Opinion: Richard Kestenbaum on What Makes a Brand?

As part of our ongoing Industry Experts column, we caught up with Richard Kestenbaum, partner at Triangle Capital LLC, a firm that raises money and handles mergers and acquisitions for companies in accessories, apparel, retail and other consumer products businesses. For a partial list of Triangle Capital LLC transactions by industry, click here. Here’s what he has […]

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Last Chance to See “China: Through the Looking Glass”

These are the final weeks to see China: Through the Looking Glass at the Metropolitan Museum of Art before it closes on September 7, so consider this your fashion forewarning. Already a cultural phenomenon, China: Through the Looking Glass has surpassed attendance for the record-breaking Alexander McQueen: Savage Beauty (2011) to become the Costume Institute’s […]

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Marchon Eyewear Announces New Subsidiary in Australia

Marchon Eyewear, Inc., a VSP Global company, announces that General Optical (GenOp) and Marchon Australia have become wholly owned subsidiaries. Marchon has been present in Australia since 1987 through the GenOp partnership, and this reorganization enables Marchon to better service the Australian and New Zealand markets. Peter Lewis, founder and CEO of GenOp and Marchon […]

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Nordstrom Launches SPACE for Emerging Designers

Nordstrom today launched SPACE, a new shop curated by Olivia Kim, Nordstrom Director of Creative Projects, featuring emerging and advanced designers. This undertaking is yet another example of department stores seeking to differentiate themselves by carving out multi-label boutiques filled with an (often rotating) assortment of emerging designers, such as Lord & Taylor’s Birdcage. SPACE […]

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W. Hollywood Revises its Fur-Free Apparel Status

Fur designers rejoice: West Hollywood is no longer “Fur Free.” The West Hollywood City Council recently approved revisions to the so-called “fur ban” ordinance, which now “affirmatively allows for the sale of fur by apparel retailers,” according to a statement put out by the Fur Information Council of America. These revisions weakened an already diluted […]

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Target Beats Expectations in Q2; Digital Sales Grow 30%

Target’s turnaround strategy seems to be right on target. In fact, this is the sixth consecutive quarter of sales increases. CEO Brian Cornell, who has been at the company for a year, has certainly made an impression, with Target’s Q2 earnings coming in well above Wall Street expectations (piggybacking on Target’s stronger Q1, which reported […]

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Man Buys $10,000 Diamond Earrings After Bloomingdale’s Mistakenly Issues Gift Card

Talk about seizing the moment. A 29-year-old man bought his wife a pair of $10,000 diamond earrings from Bloomingdale’s after the store mistakenly issued him a $25,000 merchandise credit. The earrings were just part of his $17,000 spending spree, which he went on before Bloomingdale’s discovered the mistake and canceled all the cards. How did […]

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