Word: branded
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...crowded marketplace; in the U.S., for example, Nike owns 56% of the market. With Tiger Woods returning to the course, in his usual Swoosh-clad clothes, an upstart like GEOX is unlikely to make a serious dent. "It's not like the industry is crying out for a new brand or a new idea," says Powell. "It will be a very difficult challenge for GEOX...
...selling shoe brand in Italy, and GEOX is a rising star in the global marketplace. Between 2001 and 2008, the company's net sales increased from $195 million to $1.2 billion. Profits jumped from $9.5 million to $163 million. More recently, however, GEOX hasn't escaped the slowdown. After a decade of double-digit annual profit growth, net income flattened out in 2008. The stock has dropped 54% over the past year. "At the moment, the shoes business is very difficult," says Polegato. "I believe, however, that GEOX is in a great situation, because we can mix technology and style...
...since the opening of Fiorucci on East 59th Street in the 1970s or Reminiscence on MacDougal Street in the 1980s has a fast-fashion retail brand made such a splash in Manhattan. On Thursday morning the model Kate Moss will join Arcadia Group chairman Sir Philip Green to cut the ribbon on British retail chain Topshop's long-awaited U.S. debut, at Broadway and Broome Street in SoHo. Originally scheduled to hit the Big Apple last fall, the delayed flagship opening comes at a time when other relatively inexpensive fashion brands like H&M and Zara are reporting declining sales...
...from Union Jack jackets to platform sandals and Liberty printed chiffon gowns, the mix of Topshop's trend-driven merchandise can appeal to a broad selection of consumers. The price is also right: Topshop's coveted Baxter jeans are $80, and the average shoe price is about $100. The brand's Oxford Circus flagship store in London - which, at 90,000 sq. ft., is one of the biggest fashion retail spaces in the world, is a favorite pit stop for celebs like Chloë Sevigny, Keira Knightley and Kirsten Dunst. In New York City, Green and his team...
...about a third of the business, will be housed in the basement level of the Manhattan store, while the latest women's trends will be featured on the ground floor along with a DJ booth. The second floor is reserved for Moss's line and Topshop's denim brand, MOTO, as well as collaborations with British designers like Jonathan Saunders, Marios Schwab and Preen. In late April, Topshop will introduce another collaboration with Biba owner and '60s fashion icon Barbara Hulanicki. The third floor will house shoes, accessories and lingerie...