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Target’s Price-Matching to Lure More Millennial Shoppers?

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Industry Experts

Minneapolis—Target unveiled a new price-matching policy today, which includes price-matching both online and in-store. It’s all part of Target’s greater initiative to compete with the convenience and price advantages offered by competitors Amazon and Walmart both of whom are included in Target’s new price-matching, which is set to launch on …

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Expert Opinion: What Does a Neiman Marcus IPO Signal for Affluents

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Industry Experts

Pamela N. Danziger is an internationally recognized expert specializing in consumer insights for marketers targeting the affluent consumer.  She is president of Unity Marketing, a marketing consulting firm she founded in 1992. Here, she discusses the Neiman Marcus IPO and what it might be signaling for the luxury customer. Neiman …

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Expert Commentary: Customization, Personalization, Organization

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Industry Experts

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, …

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Things Emerging Handbag Designers Think They Know–But Don’t (Part 1)

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Industry Experts

This is the first installment of From the Trenches–Expert Opinion from Those Who Know Best. Here, Emily Blumenthal, founder of Handbag Designer 101, the Independent Handbag Designer Awards and author of “Handbag Designer 101:  Everything You Need to Know about Designing, Making, and Marketing Handbags” gives some wise advice to …

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American Apparel Announces Next Phase of its Strategic Turnaround Plan

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Industry Experts

Los Angeles–American Apparel, Inc. announced today the next phase of its strategic turnaround plan, including a redesigned fall merchandise line, approximately $30 million in cost-cutting initiatives, and key additions to its leadership team. For the first time in its history, later this year, American Apparel will unveil a new fall …

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Expert Commentary: Four Tips to Drive Offline Sales

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Industry Experts

By Manish Patel, CEO of Brandify, a sophisticated, hyper-local software solution that helps organizations understand the strength of their digital brand. Patel also founded Where2GetIt in 1997. Over the past 18 years, Patel has used his combination of business acumen and technical savvy to establish the company as an industry-leading provider of local marketing solutions, empowering more …

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Expert Commentary: Is Software The New Rock ‘N Roll?

In Industry Experts, What's New by Richard KestenbaumLeave a Comment

Industry Experts

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, …

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Nicole Richie’s House of Harlow 1960 to Pop Up at the Grove

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Industry Experts

Los Angeles–Nicole Richie’s House of Harlow 1960 will open its first-ever U.S. pop-up at award-winning retail, dining and lifestyle destination, The Grove, in Los Angeles from July 3 through July 16. House of Harlow 1960 will showcase apparel and accessories that reflect Nicole Richie’s eclectic style, inspired by the spirit …

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Do’s and Don’t for Retailers in a Digital Age

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Industry Experts

What sets retailers up for success or failure in digital age? L2’s Digital IQ Index examines more than 200 retailers in the specialty retail, department store and big box categories. From these studies emerged a list of Do’s and Don’ts for retailers looking to thrive. Written by Scott Galloway and reprinted with permission …

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Expert Opinion: The Robin Report on TJX Companies

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Industry Experts

Robin Lewis, author of “The New Rules of Retail,” has over 40 years of strategic operating and consulting experience in the retail and related consumer products industries. He has held executive positions at DuPont, VF Corporation, Women’s Wear Daily (WWD), and Goldman Sachs, among others, and has consulted for dozens …

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Expert Commentary: Who Will Rise Ahead in the Handbag Middle Market?

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Industry Experts

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, …

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Expert Opinion: Industry Recruiter Discusses What Jewelry Industry Needs

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Industry Experts

Andrew Philip is Founder/President of Execu-Team Resources Inc, the leading search firm specializing in recruitment within the accessories industry. Founded in 1994, the firm specializes in recruitment of executives in Sales, Merchandising, Design, Product Development, and Marketing, at all levels. Prior, Andrew had served as President of Monet/Trifari Jewelry, and …

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Report: Fulfillment Improvements Boost Holiday E-commerce Sales

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Industry Experts

New York—E-commerce flourished within a moderately strong 2014 holiday season, growing 16% year-over-year to $72.03 billion, according to  eMarketer’s “Holiday Shopping Preview” report. Retail overall had more moderate success, with sales rising 3.5% to $850.58 billion. Similar growth patterns should repeat next year, when e-commerce will grow 14.4% and retail …

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NPD: “Athleisure” Lifestyle Drives Fashion Sales Growth in 2014

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Industry Experts

Port Washington, NY—Total U.S. apparel, footwear and accessories sales in 2014 were up1% due primarily to growth in activewear, athletic performance footwear and bags. According to The NPD Group, Inc., the global information company, U.S. consumers spent $323 billion on apparel, footwear, and accessories last year. The additional $2 billion …

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Data Security, Omnichannel Initiatives Top Retail CIOs’ Priority Lists

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Industry Experts

Washington—With recent high-profile data breaches and the growing need to deliver a unified and differentiated customer experience, retail CIOs agree that security and digital innovation are top priorities for 2015. According to the 2015 National Retail Federation/Forrester Research Inc.’s Retail CIO Agenda 2015: Secure and Innovate report, managing data security …