Consider Company X. Its annual sales-now $27.4 billion, or more than those of Estée Lauder, Hilton Worldwide, and Hershey combined-have risen 50 percent over the past six years. Its profits have almost tripled, to $2.1 billion. Its shareholders have been the beneficiaries of 18 consecutive years of earnings-per-share growth. In its nearly-four-decade history, it has had only one year of negative same-store sales. And it does all this by selling blouses...pots and pans...and bedding, sunglasses, sriracha seasoning, yoga mats and
By now, it's old hat for brand-name designers to team up with discount retailers (Stella McCartney for H&M, Isaac Mizrahi for Target, Vera Wang for Kohl's, to name just a few). Target now plans to dip into a new pool of talent by partnering with three of Pinterest's top influencers. Joy Cho of Oh Joy, Jan Halvarson of Poppytalk and Kate Arends of Wit & Delight, who, in addition to being Pinterest darlings also write fashion blogs or work in design in some capacity, will collaborate with the retailer on limited-edition collections of party items.
German athleticwear company adidas Group has opened its first-ever Adidas by Stella McCartney standalone store in London, according to www.wwd.com. The 800-sq.-ft., two-floor store houses the Adidas by Stella McCartney activewear line, the Stella Gold collection, as well as a duplicate collection of the kit that McCartney created for the British teams competing at the 2012 London Olympics. The store, designed in collaboration with U.K.-based APA Architects, features materials such as timber, concrete, brass rails and glass shelving. SAVE | EMAIL | PRINT | MOST POPULAR | RSS DDI's RetailDesignDiva blog is dedicated to retail design issues, opinions
Versace has designed a new collection for Swedish high-street retail giant H&M. The Versace at H&M collection features glamorous clothes and accessories embellished with sequins, studs, leather and lace. Many of the styles are reminiscent of signature looks of the Italian fashion house, which were originally designed by the late Gianni Versace.
Only 21 percent of luxury retailers currently let consumers complete transactions from mobile commerce Web sites or applications according to FitForCommerce.