OOOOPS! These long weekends can really confuse a girl! I totally overlooked that yesterday was Friday, which is normally Finance & Fashion Fridays on reverse commuter.com. So, let’s pretend it doesn’t matter just for today!
Glenn Murphy, CEO of Gap Inc. clocked in a modest $9.7 million compensation in 2011, a 63.3% jump from 2010 – that is what I call a STELLAR YEAR OF JEANS & T-SHIRT SALES!!!!!!!!!!!!!!!!!!
GO J. Crew GO….the photography and bookings director of Harper’s Bazaar (love that mag) just jumped ship over to J. Crew as V.P. of Brand Design. The building momentum of J. Crew makes me think this company is preparing to launch big things. Bigger than their current coo of manufacturing their cashmere sweaters at the same plant as Loro Piana in Italy – which, by the by, is HUGE considering the cost of a J.Crew cashmere sweater is a fraction of a fraction of the cost of Loro cash-cash, (and let’s face it – it all comes from the same type of goat!!).
Tommy Hilfiger is inspiring!!!!!! He started his business in High School, chipping in $150 with a friend of his to buy 20 pairs of bell-bottom jeans and selling them to schoolmates. Last year Tommy Hilfiger Inc. had $5.6 BILLION in sales, world wide. Obviously his line has expanded. 🙂
I love this quote of Tommy’s, in fact I have it on my desk –
“… fashion is fleeting and style is forever”