Long Island City
3-D printing and what it means for the fashion and retail industries was the focus of a discussion that took place during the FashionWare at CEWeek in New York City yesterday.
Long Island City, N.Y.-based CALYPSO St. Barth Inc., a division of Solera Capital LLC, plans to double its current store base of 27 units, with six new stores slated to open in 2011, according to www.wwd.com. A 2,400-sq.-ft. unit at 900 Madison Ave., between 72nd and 73rd streets, is scheduled to open in July 2011. A Calypso Home store launched April 28 in Dallas at the Plaza at Preston Center, and another unit will open at the Scottsdale Quarter in Scottsdale, Ariz., on May 12. “When we bought Calypso, the footprint was heavy in the Northeast,” said Molly Ashby,
Online grocer FreshDirect Inc. hopes to raise as much as $200 million to enter the Washington and Baltimore markets, according to a Bloomberg News report, which said that the Long Island City, N.Y.-based company is working Deutsche Bank AG to procure funds. The bank has declined comment, and FreshDirect has denied a partnership with Deutsche Bank. The grocer now operates in the five boroughs of New York and parts of New Jersey and Connecticut. CEO Richard Braddock told Bloomberg News in July that FreshDirect might pursue an initial public offering to help fund its growth. “FreshDirect has been experiencing