Word: thomass
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...what it was just three years ago. Predictably, department stores are devoting more space to second collections. At the new Manhattan outpost of Galeries Lafayette, the French department-store chain, the shelves are stocked with French designers' second collections as well as more moderately priced labels such as Chantal Thomass and Lolita Lempicka. Bloomingdale's senior vice president Kal Ruttenstein reports that sales of the store's bridge lines are running 28% ahead of last year. Debt-laden retailers keenly appreciate that markdowns on bridge clothes typically run around 30%, according to retailing consultant Howard Davidowitz, while designer markdowns often...
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