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22 Oct

Durand Guion Joins Burlington Stores as Senior Vice President

Durand Guion Joins Burlington Stores as Senior Vice President
Durand Guion has landed at one other retailer. The longtime Macy’s executive has joined Burlington Stores Inc. as senior vp to move a newly established fashion office, in accordance with sources. The Burlington, N.J.-based off-pricer, formerly often called Burlington Coat Factory, confirmed the appointment and title but declined further comment. Guion also declined comment. Durand Guion John Aquino Guion spent greater than 30 years at Macy’s, exiting as vp of the style office in spring 2022 to hitch Fair Harbor, a sustainable swim and lifestyle brand, as senior vp and artistic director. His appointment was announced with great fanfare and he said on the time that he can be tasked with helping the brand grow its design, marketing and art direction teams. Nonetheless, Guion quietly...
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9 Oct

Beauty Strategies Pivot in Department Stores, In accordance with

Beauty Strategies Pivot in Department Stores, In accordance with
PARIS — There’s a latest normal for malls in the case of beauty selling. In accordance with the International Association of Department shops, or IADS, the retailers’ cosmetics and sweetness business grew on average 1 percent between 2021 and 2022, to practically reach their pre-pandemic level. Nonetheless, the category’s fundamentals have shifted dramatically. Through the peak of the health crisis, big brands shifted to direct-to-consumer, while in tandem, people’s expectations and tastes modified, shaking up the market. Big beauty names became challenged like never before by upstarts and area of interest brands, which sometimes streaked past them. Consequently, malls adjusted their strategy and invested in area of interest fragrances...
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3 Jul

Whilst Stores Reduce Inventories, Markdowns Are Perpetually

Whilst Stores Reduce Inventories, Markdowns Are Perpetually
For retailers clearing out spring/summer goods to make room for back-to-school merchandise, the dog days of summer are already here. Price promotions in June through the Fourth of July period have intensified for a lot of stores, at levels at or above last 12 months. They’re trumpeting discounts of fifty to 60 percent off, sometimes at the same time as high as 70 percent off, with the most important deals seen online versus in stores. Despite retailers actively bringing inventories down, markdowns are most noticeable within the casual and profession sportswear categories across men’s, women’s and youngsters’s, in addition to in handbags and even swimwear, where sell-throughs generally haven’t lived as much as expectations. By price promoting early, retailers hope to...
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2 Jul

Isabel Marant Opens Recent Stores in Tokyo and East Hampton

Isabel Marant Opens Recent Stores in Tokyo and East Hampton
Isabel Marant has expanded her retail fleet to 81 stores, with the opening of latest stores in Tokyo and East Hampton, Recent York. In Tokyo, Marant teamed up with Japanese artist Yutaka Sone to create Yellow House, which showcases the brand’s ready-to-wear and accessories collections. The focus of Yellow Home is a striking, large-scale artwork facade, drawing inspiration from Sone’s earlier series, “Power of Ten,” and “Obsidian” — two series that involve an intense study of obsidian, a naturally occurring volcanic glass formed when lava extruded from a volcano cools rapidly. Spanning greater than 2,152 square feet, the architecture conveys a passion for art and craftsmanship. Marant plays with the space, cutting out patches from the ceiling — as in the...
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