Word: sales
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...Taylor's petite 120,000 sq. ft. (11,000 sq m, aside from its New York store) made it tough to compete on promotions, price or depth of merchandise. So Elfers went smaller. In 2003 she closed 32 underperforming stores and then six more before the company's 2006 sale, placing the brand in higher-end markets. The profitable East Coast, Chicago and Detroit stores remained because of their similar climate and customer profiles...
...Houston and whose second favorite store, she admits, is Target. "I've been a longtime aficionado. I was an early adopter. That's part of who I am too." Sure enough, Katz comes off as the nicest whiz at business school or the smartest, chicest mom at the bake sale. She is chatty about the trials of balancing career and motherhood ("Sometimes the balls are going to fall down") and asks a couple browsing through scarves if they need assistance. "We're very proud to serve this affluent customer. With that comes the need to be very approachable to people...
...Every year Geoffroy tastes the Champagne (cuvées generally age for 12 to 15 years, and up to more than 25 years) to determine whether it is worthy of release. The latest OEnothèque Champagnes?one from the 1993 vintage and another from the 1985 vintage?are now on sale...
From headquarters in Hong Kong and regional offices in mainland China, ImagineX (part of the Lane Crawford Joyce Group) represents 23 high-end fashion, lifestyle and beauty brands in more than 360 points of sale in greater China (including Hong Kong and Taiwan). But it doesn't stop there. While, for example, Prada and Gucci are not on her books anymore, it was Wong who provided the springboard for both into mainland China, and she continues an association as their landlord through the Walton Brown Group's shopping malls, the most prestigious of which are specialty designer stores called Maison...
Party staples such as Solo cups, ping pong balls, and grenadine are now also for sale...