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Fashion

We all want the vintage Apple sneakers, but none of us can afford them

by Jana Kasperkevic
Jun 8, 2017
The opening bid is $15,000, but they're the 'holy grail' for size 9 1/2 fans.
Want to look like an Apple employee from the early 1990s? Then you need these sneakers, which the company made exclusively for its staff.
Courtesy of Heritage Auctions
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With lagging sales and consumer demand for discounts, Michael Kors to close up to 125 of its full-price stores

by Aaron Schrank
May 31, 2017
In yet another blow to the brick-and-mortar retail business, luxury retailer Michael Kors announced it will close up to 125 of its full-price stores. The company and its competitors have been facing slowing sales as more customers shop online and spend less on apparel.  Michael Kors CEO John Idol announced the store closures in today’s […]
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Outlet malls experiment with food and full-price stores to maintain growth

by Aaron Schrank
May 12, 2017
Outlets became part of our shopping lives during the recession. Now they're taking on the trappings of full-price malls.
The latest survey on consumer sentiment from the University of Michigan follows news of high inflation earlier in the week.
Kevork Djansezian/Getty Images
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High-end bag maker Coach splurges and buys rival Kate Spade

by Jed Kim
May 8, 2017
Luxury goods maker Coach announced today it’s splurging. It has agreed to buy rival company Kate Spade for $2.4 billion. Coach has already acquired high-end shoe designer Stuart Weitzman, and with the Kate Spade purchase, it seems it’s on a mission to create a stable of luxury brands. Click the audio player above to hear […]
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Plus-size women lose fast fashion option with Lovesick closure

by Marketplace Contributor
May 3, 2017
Originally launched by Torrid, the brand targeted young plus-size women and teens.
The West Covina location for Torrid’s sister store, Lovesick, with closing signs in the window.
Chris Greenspon
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You can relabel Ivanka Trump's fashion line, but you can't hide it

by Aaron Schrank
Apr 27, 2017
The internet will tell.
Ivanka Trump's fashion line was pulled from some stores after the election amid a boycott of Trump-branded products. Above, her shoes are on clearance at the Century 21 department store in New York City.
Drew Angerer/Getty Images
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Why a former Chanel CEO purged her closet

by Kai Ryssdal and Bridget Bodnar
Apr 17, 2017
Maureen Chiquet ran the French luxury retailer for nine years. Now she's waiting for inspiration to reinvent herself.
“The symbolism of actually going through and purging and cleaning my closet was really about reclaiming who I was originally,” said Maureen Chiquet, former Chanel CEO.
TIMOTHY A. CLARY/AFP/Getty Images
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Jenna Lyons leaving isn’t J. Crew’s only problem

by Kai Ryssdal
Apr 4, 2017
Fashion journalist Elizabeth Holmes says the retailer is confusing its most loyal customers.
Tim Boyle/Getty Images
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Luxury parka-maker Canada Goose gambles on going public

by Dan Gorenstein
Mar 16, 2017
High-end Toronto retailer Canada Goose is looking to raise at least $230 million with its IPO launch. Its product line is tiny, and the coyote fur-lined winter coat price tags are big, with some parkas going as high as $1,300. These are the challenges for luxury brands that go public.  Click the audio player above […]
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Is the runway still important at New York's Fashion Week?

by Kai Ryssdal
Feb 14, 2017
How social media is changing the business of fashion and why some big brands are struggling to keep up.
The runways do matter, Kate Betts says, but there is probably more going on behind the scenes.
Mike Coppola/Getty Images
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