11 Nov '16, 7am

#retail

#retail

LONDON, United Kingdom — “Being in Bergdorf authenticates what we're doing. It gives us credibility, 100 percent for sure,” says Ronnie Fieg, founder of upmarket streetwear store and label Kith, which, this September, opened a shop-in-shop at the luxury retailer’s men’s store, just one week after the launch of Rihanna 's Fenty x Puma line across the street at Bergdorf Goodman 's women's store. The collaboration was the first of its kind for Fieg’s upstart streetwear empire and the venerable Manhattan department store alike, and kicked off with a capsule collection of six limited-edition products, ranging from baseball caps ($75) and hoodies ($180) to complete tracksuits ($330), many of which rapidly sold out. But Bergdorf Goodman is not alone in its embrace of high-end streetwear labels. Last month, London’s luxury department store Harvey Nichols worked with Kristian Ander...

Full article: https://www.businessoffashion.com/articles/intelligence/w...

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To Have and Have Not: #Inequality Hits #Luxury

To Have and Have Not: #Inequality Hits #Luxury

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