I puzzled at length over J. Crew’s deep discounts and Mickey Drexler’s “retirement” several weeks ago. Then, in late March, J. Crew shared financial results for the quarter ending February 2, 2019, and suddenly, the question I posed at the end of my rant had an obvious answer: J. Crew was running fire sales because its inventory had ballooned to…
View PostAmid tepid performances in every retail segment, Urban Outfitters managed to grow its 4Q sales by 5.7%, helped most by an 8% increase in comparable sales at Free People. I can’t say I am particularly surprised by UO’s performance in recent quarters, as I have contributed substantially to its growth in recent months. Les Wexner, chairman/CEO of L Brands (admittedly…
View PostFinally, there’s some respite from that prolonged, spirit-breaking cold snap. It’s warm enough (40s!), in fact, that I am playing hooky from work in order to go for a run outside–something which I needed desperately. I went to college in New Hampshire, where brutal winters are standard, but as soon as the landscape thaws, however slightly, the whole school could…
View PostThe floodgates have opened for after-Christmas sales, so those of you not looking to shop may need to take a break from the internet for the next two weeks. But for those of you who are looking to shop, there is a sale roundup post going up later today so check back for that. But first, Ann Taylor‘s semi-annual sale…
View PostMadewell Fleet Jacket in Desert Olive (size XXS; also sold here) || Leith Ruched Long Sleeve Dress in Black (size XS) || Ann Taylor Estate Shimmer Necklace (past season) || Hermes Reversible Belt (size 65) || Chanel Westminster Flap || Marc Fisher Aprille Leather Ankle Boots Happy weekend! The last bare leg days of the year are behind us,…
View Post
