- Jan 30, 2010
- Reaction score
The GAP stock price got a bit of a markdown as well.
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The Nordstrom family has a long history of making good decisions so I would bet that this a temporary stumble. I think they do the combination of luxury and mid-tier brands better than just about anyone. Their online platform is very good. With the stock about 1/3- 1/3 of where it often trades, I'm thinking about buying some with the idea that it will take a few quarters to get back it's mojo in the eyes of the market.
Maybe that's the reason why Nordstrom is getting hammered because it costs a lot of money to keep it looking less depressing. Going to B&M everywhere feels like stepping into a time capsule these days when everything can be done comfortably online.Of all the department stores I've visited in the short term, I do think that Nordstroms are the least depressing, well run, and most pleasant to visit without feeling ancient like Neiman Marcus. Going to a Macy's in the suburbs feels like stepping into a time capsule.
marketing and interview are both done well, can definitely see them sell to a very “guy” centric market, are there stuff good/unique for real though?Vollebak closing funding round
If you’ve ever visited the site of the six-year-old, London-based direct-to-consumer clothing company Vollebak, you’ve likely marveled at the exaggerated descriptions of clothing it sells, including a jacket “designed for a world of megastorms, where ‘waterproof’ is no…techcrunch.com
A small bit of Lot2046 looks to be on auction as an NFT
Neither of these is surprising news
I buy all my underwear there so, yes, very guy-centric for me! They also carry Canali and Hickey Freeman suits so high marks.
Most of it seems pretty generic and boring, except for the materials / treatments. However there are a couple of pieces I think work because the materials they've chosen produce a certain kind of sculptural effect (like the 'indestructable' denim-type jacket).
It's just marketing, as is all fashion "tech" gear. The built-for-megastorms jacket is just schoeller c-change (which hasn't exactly taken the actual outdoor gear market by storm), for example. The indestructible puffer is dyneema, the whole point of which is to be strong for its weight... and then uses 600 fillpower synthetic insulation, which is worse (i.e. heavier for the warmth) than cheap down you get at uniqlo. Lots of other ridiculous points about it too.I was thinking about the material part, are they hype or real differentiate performance product or just relabel GoreTx… (even if it’s performance that doesn’t matter)
I think their special material first approach has benefited the brand in exposure. In today's market getting ignored or lost in the noise is a death sentence. That said, with their founders coming from the ad world their branding and story have always come first. Materials served the story. Not everyone or brand needs to have design and development at their core but I consider that being closely tied to craft and material knowledge of apparel is simply more authentic. And by that I mean better.