Fashion & Finance Friday!

Thank you NOLA, Friday came quicker this week!

Pipedreams.  Piperlime, an online boutique owned by Gap Inc. will be shut down by the end of February.  This is a classic case of why retailers should not try to be all things to all people.  Piperlime launched in 2006 and quickly became a favorite shoe site.  The sales figures mistakenly convinced Gap to expand Piperlime into an everything-kind of website increasing inventory to include shoes, clothes, accessories etc. as a direct competitor to Zappos.com.

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Gap decided to open a bricks and mortar Piper lime in Soho September 2012.  reversecommuter was there in person, as was Rachel Zoe who was hosting a NYFW event.

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Piperlime has been big in seeking out celebrity spokespersons, but apparently not big in sales.  Piperlime was responsible for a whopping 1% of Gap’s jaw-dropping $16 BILLION in annual sales.  Poor little Piperlime is no more, which should be viewed as great news for smaller high fashion online operations.

Not Well Suited.  Jones New York, the brand that represented suits for women since 1970, is closing down operations.

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Workwear for women is now a redefined industry that allows interpretation, style and separates to form the outfits in boardrooms.  reversecommuter was the proud owner of a few JNY suits during my career as a stockbroker, usually in hot pink, navy, red and black. And yes, there was a rotation of suiting that reflected the market!

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Alas, present day Jones New York is more Ally McBeal than Amal Clooney, clearly that just wasn’t working.

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Just for giggles choose the shorter the hemline, ignore the snow drifts and own those pumps…while raising the champagne flute to the PATS on Superbowl Sunday!!!!!!!!!!!!!!!

xo reversecommuter

 

 

Fashion and Finance Friday!

Hellllllo Weekend!

apologies for not posting yesterday, here is my excuse   🙂

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Fendi is coming to the aid of the Romans, or at least to the aid of Trevi Fountain in Rome.

The fashion house is investing $2.9 MILLION to repair and restore the famous fountain and all the gorgeous gods that stand and spout over 80,000 cubic meters of water, Ocean, Abundance and Health.  (click here to visit the Trevi Fountain website).

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This admirable move is reminiscent of what Diego Della Valle of Tod’s did for the Colisseum in Rome (click here to see the earlier post).  Not only do these fab Italians design gorgeous clothes, bags, shoes, furs, etc etc, but they also have SO MUCH class and loyalty to their beautiful country!   reversecommuter applauds!

StuperBowl Sunday (tee hee) is February 3rd and the commercials are absolutely the best part (unless of course Beyonce decides to actually sing at half time!).  The 30 second slots go for an average cost of  $4 MILLION!  Sometimes it is worth every single fabulous penny…click here to giggle and sing along with VW!

Happy Weekend – and don’t forget to wear heels to the SuperBowl party!