The New York department stores seem to be taking a page from stockbrokers—the page marked “frenzied panic.”
It was only a few weeks ago that Barneys and Bloomingdale’s announced a simultaneous across the board 40% markdown, but it looks there’s no bottom. Barneys has since raised the number to 60%, with Bergdorf and Saks offering up to 70%. It’s a feeding frenzy, and it has very little to do with Christmas.
Business may be slowing down lately, but the menswear business is doing just fine according to the Bloomingdale’s CEO. Of course, he probably wouldn’t mention it if he were hocking the family jewels, but it’s nice to know we’re out-consuming the fairer sex.
A Continuous Lean has posted a handful of J. Press catalogs from back in the day, offering a firsthand peek into a style more than a few designers are currently chasing. Apparently the early 60s preppy look didn’t play out quite the way you imagined. For instance, cable-knit sweaters were much, much bigger than you think»
A lot of designers have been inspired by early 60s chic, but it’s rare to see one merge nostalgia with a fresh take on menswear staples.
We recently took a look at the Fall ’08 line from recent Bloomingdale’s recruit Bureau, and it’s more forward-looking than you’d think at first glance. This isn’t the 1962 of Thom Browne, it’s more like 1962 of Wong Kar Wai, with one-button suits meshing with bizarre sweater piping for an otherworldly feel. The suits are appropriately slim, but distinctive touches like the high peak lapels keep it from getting lost in the crowd.