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	<title>Sumptuary</title>
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		<title>Sumptuary</title>
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		<title>Versace Spring 2011</title>
		<link>http://sumptuary.wordpress.com/2010/06/19/versace-spring-2011/</link>
		<comments>http://sumptuary.wordpress.com/2010/06/19/versace-spring-2011/#comments</comments>
		<pubDate>Sun, 20 Jun 2010 00:55:01 +0000</pubDate>
		<dc:creator>ajwong18</dc:creator>
				<category><![CDATA[Runway Reviews]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[2011]]></category>
		<category><![CDATA[mens]]></category>
		<category><![CDATA[milan]]></category>
		<category><![CDATA[spring]]></category>
		<category><![CDATA[Versace]]></category>

		<guid isPermaLink="false">http://sumptuary.wordpress.com/?p=167</guid>
		<description><![CDATA[Last year&#8217;s spring women&#8217;s presentation was called a triumphant return of Versace&#8217;s former glory. I would have to agree with the critics for the most part; the quality of work and salability has been quite consistent for the past few seasons. And for today&#8217;s spring 2011 men&#8217;s presentation in Milan this year, she has continued on [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=sumptuary.wordpress.com&amp;blog=12166279&amp;post=167&amp;subd=sumptuary&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Last year&#8217;s <a href="http://www.style.com/fashionshows/review/S2010RTW-VERSACE">spring women&#8217;s presentation</a> was called a triumphant return of Versace&#8217;s former glory. I would have to agree with the critics for the most part; the quality of work and salability has been quite consistent for the past few seasons. And for today&#8217;s spring 2011 men&#8217;s presentation in Milan this year, she has continued on this path of taste.  </p>
<p>The most obvious influence of this season is Art Deco. The geometric patterns seemed to run off the models right onto the runway itself. The motif (which can easily go awry) was executed pretty tastefully for the most part and was especially chic in shirting and the high-stanced tailored suiting. There were touches of 1980s in the color story and silhouette and western flourishes like fringe and short collars were actually refreshing instead of corny. The novelty fabrications are definitely not for most men, but it certainly still has relevance to today&#8217;s market.  </p>
<p style="text-align:center;"><a href="http://sumptuary.files.wordpress.com/2010/06/00210m.jpg"><img class="size-medium wp-image-171  aligncenter" title="00210m" src="http://sumptuary.files.wordpress.com/2010/06/00210m.jpg?w=200&#038;h=300" alt="" width="200" height="300" /></a></p>
<p style="text-align:left;">  </p>
<p style="text-align:left;">I loved the long blazers as key fashion items. The a garment like this has great movement and is a quirky take on the blend between formal and outerwear:  </p>
<p style="text-align:center;"><a href="http://sumptuary.files.wordpress.com/2010/06/00030m.jpg"><img class="size-medium wp-image-168 aligncenter" title="00030m" src="http://sumptuary.files.wordpress.com/2010/06/00030m.jpg?w=200&#038;h=300" alt="" width="200" height="300" /></a>  </p>
<p style="text-align:center;"><img class="aligncenter size-medium wp-image-169" title="00040m" src="http://sumptuary.files.wordpress.com/2010/06/00040m.jpg?w=200&#038;h=300" alt="" width="200" height="300" />  </p>
<p style="text-align:left;">This leather cropped trench is going to be a big seller:  </p>
<p style="text-align:center;"><a href="http://sumptuary.files.wordpress.com/2010/06/00320m.jpg"><img class="size-medium wp-image-170  aligncenter" title="00320m" src="http://sumptuary.files.wordpress.com/2010/06/00320m.jpg?w=200&#038;h=300" alt="" width="200" height="300" /></a></p>
<p style="text-align:left;">  </p>
<p style="text-align:left;">Some of the collection, however, is kind of questionable. I understand the purpose of making a statement, but I find sifting through the crap (contrast tuxedo shirts, leather vests, and sleeveless dressshirts) to be tiresome. And it is a shame that the casting missed its mark. The finale of swimwear and robes would have been much more compelling on the right bodies.  </p>
<p style="text-align:left;">Check out the full collection <a href="http://www.style.com/fashionshows/complete/S2011MEN-VERSACE">here</a>.</p>
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			<media:title type="html">ajwong18</media:title>
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		<title>Horyn Horny for Gaga</title>
		<link>http://sumptuary.wordpress.com/2010/06/12/horyn-horny-for-gaga/</link>
		<comments>http://sumptuary.wordpress.com/2010/06/12/horyn-horny-for-gaga/#comments</comments>
		<pubDate>Sat, 12 Jun 2010 19:00:04 +0000</pubDate>
		<dc:creator>ajwong18</dc:creator>
				<category><![CDATA[From the Author]]></category>
		<category><![CDATA[Alejandro]]></category>
		<category><![CDATA[cathy horyn]]></category>
		<category><![CDATA[Lady Gaga]]></category>
		<category><![CDATA[Wall Street Journal]]></category>

		<guid isPermaLink="false">http://sumptuary.wordpress.com/?p=165</guid>
		<description><![CDATA[When I heard that Steven Klein would be collaborating with Lady Gaga on her Alejandro video, I was super excited to see the end product. And I am glad to say that I am not disappointed. And neither is Cathy Horyn, according to a recent article in WSJ. And the fact that she hired model titan [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=sumptuary.wordpress.com&amp;blog=12166279&amp;post=165&amp;subd=sumptuary&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>When I heard that Steven Klein would be collaborating with Lady Gaga on her Alejandro video, I was super excited to see the end product. And I am glad to say that I am not disappointed. And neither is Cathy Horyn, according to a recent <a href="http://runway.blogs.nytimes.com/2010/06/10/lady-gaga-doesnt-preach-exactly/">article </a>in WSJ.</p>
<span style="text-align:center; display: block;"><a href="http://sumptuary.wordpress.com/2010/06/12/horyn-horny-for-gaga/"><img src="http://img.youtube.com/vi/niqrrmev4mA/2.jpg" alt="" /></a></span>
<p>And the fact that she hired model titan Evandro Soldati to sit on the corner of her mattress for 5 seconds definitely ups the fashion factor.</p>
<div class="wp-caption aligncenter" style="width: 310px"><img class=" " title="Evandro Soldati" src="http://i.models.com/oftheminute/images/2008/06/3164/Evandro_Soldati.jpg" alt="" width="300" height="401" /><p class="wp-caption-text">Evandro Soldati, via models.com</p></div>
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		<title>It&#8217;s all about Mickey</title>
		<link>http://sumptuary.wordpress.com/2010/06/12/its-all-about-mickey/</link>
		<comments>http://sumptuary.wordpress.com/2010/06/12/its-all-about-mickey/#comments</comments>
		<pubDate>Sat, 12 Jun 2010 18:49:26 +0000</pubDate>
		<dc:creator>ajwong18</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Profiles]]></category>
		<category><![CDATA[J. Crew]]></category>
		<category><![CDATA[Mickey Drexler]]></category>
		<category><![CDATA[Wall Street Journal]]></category>

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		<description><![CDATA[WSJ Magazine did a long expose this week about Mickey Drexler, the CEO who has been credited with the turnaround of GAP, Ann Taylor, and now J. Crew. There is no question that this man is a retail guru (although I would definitely question GAP&#8217;s &#8220;successful&#8221; turnaround). But my favorite part of the article was [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=sumptuary.wordpress.com&amp;blog=12166279&amp;post=163&amp;subd=sumptuary&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><em>WSJ Magazine</em> did a long <a href="http://magazine.wsj.com/features/the-big-interview/retail-therapist/3/">expose </a>this week about Mickey Drexler, the CEO who has been credited with the turnaround of GAP, Ann Taylor, and now J. Crew. There is no question that this man is a retail guru (although I would definitely question GAP&#8217;s &#8220;successful&#8221; turnaround). But my favorite part of the article was how the writer really delved into Mickey the man. I especially loved this little tidbit:</p>
<blockquote><p>&#8220;Before embarking on this story, I was invited by Margot Fooshee, senior vice president of marketing and public relations, to a meeting with her and Drexler. Fooshee, a wiry, attractive brunette who fearlessly sports daytime sequins, wanted to be sure WSJ. would describe J. Crew properly, because “there are often mistakes in the media.”</p></blockquote>
<p>In the industry, Mickey is someone whose professionalism has been a constant call out in the work place. Sources say that yelling, outbursts, and emotional tirades are no stranger to the somewhat eccentric (as some politely put it) CEO.  A contact at BlueFly.com remembers being asked &#8220;Who the <em>fuck </em>are you?&#8221; by Drexler during a walk around the office when she was free lancing at J. Crew a few years ago. I am all for leadership getting to know their teams, but not if he is stumbling around terrorizing his employees.</p>
<div class="wp-caption aligncenter" style="width: 305px"><img title="Mickey" src="http://2.bp.blogspot.com/_3E0IIOjAHPs/SJhP-97AEfI/AAAAAAAAAm8/H1gBGfe_FqI/s400/MickeyDrexler2.jpg" alt="" width="295" height="340" /><p class="wp-caption-text">CEO Mickey Drexler, J. Crew Group</p></div>
<p>This consistently emotional state had definitely permeated J. Crew as an organization. Those who have been with the company have said that merchandising is done on a more love-it-hate-it level rather than a proper balance of design and financials. But, with the great success and recent elevation of the brand, it is clear that the technique has been working thus far. J. Crew has opened its first wedding boutique and continues to expand its business.</p>
<p>As for the CEO, he claims, “I’m a lot easier than I was.&#8221; Yet, it is clear that the journalist does not believe it to be so.</p>
<p>And I don&#8217;t believe him either.</p>
<blockquote></blockquote>
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		<title>And we&#8217;re back.</title>
		<link>http://sumptuary.wordpress.com/2010/06/12/and-were-back/</link>
		<comments>http://sumptuary.wordpress.com/2010/06/12/and-were-back/#comments</comments>
		<pubDate>Sat, 12 Jun 2010 18:17:56 +0000</pubDate>
		<dc:creator>ajwong18</dc:creator>
				<category><![CDATA[From the Author]]></category>
		<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[Hi All&#8211; Sorry to have been so MIA. With finals, graduation, and the job search now over, I can really devote some more time to Sumptuary. As for the full-time employer? Hint: $3 billion leather goods company. &#8211;Andrew<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=sumptuary.wordpress.com&amp;blog=12166279&amp;post=161&amp;subd=sumptuary&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Hi All&#8211;</p>
<p>Sorry to have been so MIA. With finals, graduation, and the job search now over, I can really devote some more time to Sumptuary.</p>
<p>As for the full-time employer? Hint: $3 billion leather goods company.</p>
<p>&#8211;Andrew</p>
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		<title>VMAN</title>
		<link>http://sumptuary.wordpress.com/2010/04/11/vman/</link>
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		<pubDate>Sun, 11 Apr 2010 13:09:32 +0000</pubDate>
		<dc:creator>ajwong18</dc:creator>
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		<category><![CDATA[VMAN]]></category>

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		<description><![CDATA[VMAN is far the best American men&#8217;s fashion publication out there. Amazing editorials, quality writing, good understanding of digital vs. print, and PLENTY of beef. Yum.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=sumptuary.wordpress.com&amp;blog=12166279&amp;post=157&amp;subd=sumptuary&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.vman.com/">VMAN</a> is far the best American men&#8217;s fashion publication out there. Amazing editorials, quality writing, good understanding of digital vs. print, and PLENTY of beef. Yum.</p>
<div class="wp-caption aligncenter" style="width: 344px"><img title="Vman Cover" src="http://1.bp.blogspot.com/_X0cNr-SAHmM/SJj_vm4w2ZI/AAAAAAAABhU/V9maUaHbr0o/s400/vman+cover.jpg" alt="" width="334" height="400" /><p class="wp-caption-text">VMAN Cover, via vman.com</p></div>
<div class="wp-caption aligncenter" style="width: 339px"><img title="Workout Editorial" src="http://whatsheart.com/wp-content/uploads/2009/12/workout2.jpg" alt="" width="329" height="400" /><p class="wp-caption-text">Work It Out Editorial, via vman.com</p></div>
<div class="wp-caption aligncenter" style="width: 335px"><img class="     " title="Daren Kagasoff Editorial" src="http://socialitelife.celebuzz.com/bfm_gallery/2010/01/daren_kagasoff_shirtless_and_in_his_underwear_for_vman/gallery_main/gallery_main-daren-kagasoff-underwear-shirtless-vman-01272010-1.jpg" alt="" width="325" height="416" /><p class="wp-caption-text">Daren Kagasoff Editorial, via vman.com</p></div>
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			<media:title type="html">ajwong18</media:title>
		</media:content>

		<media:content url="http://1.bp.blogspot.com/_X0cNr-SAHmM/SJj_vm4w2ZI/AAAAAAAABhU/V9maUaHbr0o/s400/vman+cover.jpg" medium="image">
			<media:title type="html">Vman Cover</media:title>
		</media:content>

		<media:content url="http://whatsheart.com/wp-content/uploads/2009/12/workout2.jpg" medium="image">
			<media:title type="html">Workout Editorial</media:title>
		</media:content>

		<media:content url="http://socialitelife.celebuzz.com/bfm_gallery/2010/01/daren_kagasoff_shirtless_and_in_his_underwear_for_vman/gallery_main/gallery_main-daren-kagasoff-underwear-shirtless-vman-01272010-1.jpg" medium="image">
			<media:title type="html">Daren Kagasoff Editorial</media:title>
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		<title>Fashion Stake</title>
		<link>http://sumptuary.wordpress.com/2010/04/11/fashion-stake/</link>
		<comments>http://sumptuary.wordpress.com/2010/04/11/fashion-stake/#comments</comments>
		<pubDate>Sun, 11 Apr 2010 12:55:37 +0000</pubDate>
		<dc:creator>ajwong18</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Digital]]></category>
		<category><![CDATA[Trade]]></category>
		<category><![CDATA[Fashion Stake]]></category>
		<category><![CDATA[The Cut]]></category>
		<category><![CDATA[Vivian Weng]]></category>
		<category><![CDATA[WWD]]></category>

		<guid isPermaLink="false">http://sumptuary.wordpress.com/?p=155</guid>
		<description><![CDATA[HBS student will be starting up Fashion Stake, putting quite a spin on the recent interest in the democratization of fashion. NYMag&#8217;s The Cut pulled a quote from WWD: By buying a $50 stake in a company, “supporters” will be given credits to put toward clothing purchases, as well as special offers like exclusive previews, [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=sumptuary.wordpress.com&amp;blog=12166279&amp;post=155&amp;subd=sumptuary&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>HBS student will be starting up <a href="http://fashionstake.com/">Fashion Stake</a>, putting quite a spin on the recent interest in the democratization of fashion. NYMag&#8217;s <a href="http://nymag.com/daily/fashion/">The Cut</a> pulled a quote from WWD:</p>
<blockquote><p>By buying a $50 stake in a company, “supporters” will be given credits to put toward clothing purchases, as well as special offers like exclusive previews, showroom visits and fashion show invitations. Interestingly, case studies have indicated shoppers value having personal experiences with designers more than getting discounts, Weng said. Supporters will also vote for the styles they would like to see produced.</p></blockquote>
<p>Fashion Stake is going to start with only 5 designers and apparently some established labels plan to create capsule collections especially for the site.</p>
<div class="wp-caption aligncenter" style="width: 570px"><img title="Fashion Stake Homepage" src="http://images.nymag.com/images/2/daily/2010/04/20100406_fashionstake_560x375.jpg" alt="" width="560" height="375" /><p class="wp-caption-text">Fashion Stake Homepage, via The Cut</p></div>
<p>I am personally not sold on the idea as Fashion Stake as an investment tool. With the launch, each label may get many first time investments without establishing real loyalty and subsequent repeat donations. And with only 5 designers to begin with, Fashion Stake will have to quickly grow its portfolio in order to have any real leverage. Fashion Stake&#8217;s most likely success will be as a marketing research tool. Labels will have the opportunity to conduct their own research and really see what the consumer has in mind (something that consulting firms are paid big bucks to do).</p>
<p>However, aspiring luxury brands will want to be wary of this site. The entire point of luxury is about scarcity and exclusivity. By letting consumers essentially vote on your brand, you pretty much destroy any chances of that type of elevation. Could a label really become the next Rodarte or YSL when consumers so blatantly have input on the specs of a garment? My guess would be <strong>not at all.</strong></p>
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			<media:title type="html">ajwong18</media:title>
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		<media:content url="http://images.nymag.com/images/2/daily/2010/04/20100406_fashionstake_560x375.jpg" medium="image">
			<media:title type="html">Fashion Stake Homepage</media:title>
		</media:content>
	</item>
		<item>
		<title>Danny Roberts</title>
		<link>http://sumptuary.wordpress.com/2010/04/11/danny-roberts/</link>
		<comments>http://sumptuary.wordpress.com/2010/04/11/danny-roberts/#comments</comments>
		<pubDate>Sun, 11 Apr 2010 12:40:14 +0000</pubDate>
		<dc:creator>ajwong18</dc:creator>
				<category><![CDATA[Profiles]]></category>
		<category><![CDATA[Danny Roberts]]></category>
		<category><![CDATA[illustration]]></category>
		<category><![CDATA[Models.com]]></category>

		<guid isPermaLink="false">http://sumptuary.wordpress.com/?p=152</guid>
		<description><![CDATA[I last brought up the topic of fashion illustration with Richard Haines. Models.com has published a wonderful interview with Danny Roberts, an illustrator known for his witty and beautiful portraits of fashion shakers and movers. I really want to commission some fashion illustrations for my apartment. So sophisticated, no?<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=sumptuary.wordpress.com&amp;blog=12166279&amp;post=152&amp;subd=sumptuary&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>I last brought up the topic of fashion illustration with Richard Haines. <a href="http://models.com/">Models.com</a> has published a wonderful <a href="http://www.models.com/oftheminute/?p=16965">interview</a> with Danny Roberts, an illustrator known for his witty and beautiful portraits of fashion shakers and movers. I really want to commission some fashion illustrations for my apartment. So sophisticated, no?</p>
<div class="wp-caption aligncenter" style="width: 500px"><img class=" " title="Danny Roberts Illustration" src="http://i.models.com/oftheminute/images/2010/04/The_Chanel_Girls.jpg" alt="" width="490" height="330" /><p class="wp-caption-text">Gaggle of Models by Danny Roberts, via models.com</p></div>
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			<media:title type="html">ajwong18</media:title>
		</media:content>

		<media:content url="http://i.models.com/oftheminute/images/2010/04/The_Chanel_Girls.jpg" medium="image">
			<media:title type="html">Danny Roberts Illustration</media:title>
		</media:content>
	</item>
		<item>
		<title>Lifestyle Brands</title>
		<link>http://sumptuary.wordpress.com/2010/04/08/lifestyle-brands/</link>
		<comments>http://sumptuary.wordpress.com/2010/04/08/lifestyle-brands/#comments</comments>
		<pubDate>Thu, 08 Apr 2010 14:37:42 +0000</pubDate>
		<dc:creator>ajwong18</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Trade]]></category>
		<category><![CDATA[home]]></category>
		<category><![CDATA[lifestyle]]></category>
		<category><![CDATA[Ralph Lauren]]></category>

		<guid isPermaLink="false">http://sumptuary.wordpress.com/?p=150</guid>
		<description><![CDATA[A lifestyle brand is one that allows customers to immerse themselves fully into a branded experience during their everyday lives. Lifestyle brands should include categories: apparel, accessories, fragrance, and home. Examples of lifestyle brands: Calvin Klein, Ralph Lauren, Giorgio Armani, and Tommy Hilfiger. It is amazing what designers for home can do! At Ralph Lauren, [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=sumptuary.wordpress.com&amp;blog=12166279&amp;post=150&amp;subd=sumptuary&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>A lifestyle brand is one that allows customers to immerse themselves fully into a branded experience during their everyday lives. Lifestyle brands should include categories: apparel, accessories, fragrance, and home. Examples of lifestyle brands: Calvin Klein, Ralph Lauren, Giorgio Armani, and Tommy Hilfiger.</p>
<p>It is amazing what designers for home can do! At Ralph Lauren, home designers take inspiration from the fashion collection. Check it:</p>
<div class="wp-caption aligncenter" style="width: 506px"><img class=" " title="Ralph Lauren Spring 2010" src="http://i.telegraph.co.uk/telegraph/multimedia/archive/01484/12_ralph_afp_1484320i.jpg" alt="" width="496" height="310" /><p class="wp-caption-text">Ralph Lauren, Spring 2010 via telegraph.co.uk</p></div>
<div class="wp-caption aligncenter" style="width: 556px"><img class=" " title="La Plage" src="http://www.krishelmick.com/Clients/BS/ralph-lauren-home-collection-navy-blue-cream-2.jpg" alt="" width="546" height="313" /><p class="wp-caption-text">La Plage Collection, via ralphlauren.com</p></div>
<p>And it is just me, or does anyone else LOVE this varsity patch chair?</p>
<div class="wp-caption aligncenter" style="width: 394px"><img class=" " title="Varsity Patch Chair" src="http://s7ondemand1.scene7.com/is/image/Polo/PRC210?$itemlevel$" alt="" width="384" height="384" /><p class="wp-caption-text">Varsity Patch Chair, via ralphlauren.com</p></div>
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		<slash:comments>0</slash:comments>
	
		<media:content url="http://1.gravatar.com/avatar/1cca49621e3be7460f17912116b4d715?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">ajwong18</media:title>
		</media:content>

		<media:content url="http://i.telegraph.co.uk/telegraph/multimedia/archive/01484/12_ralph_afp_1484320i.jpg" medium="image">
			<media:title type="html">Ralph Lauren Spring 2010</media:title>
		</media:content>

		<media:content url="http://www.krishelmick.com/Clients/BS/ralph-lauren-home-collection-navy-blue-cream-2.jpg" medium="image">
			<media:title type="html">La Plage</media:title>
		</media:content>

		<media:content url="http://s7ondemand1.scene7.com/is/image/Polo/PRC210?$itemlevel$" medium="image">
			<media:title type="html">Varsity Patch Chair</media:title>
		</media:content>
	</item>
		<item>
		<title>And the e-bandwagon continues&#8230;</title>
		<link>http://sumptuary.wordpress.com/2010/04/03/and-the-e-bandwagon-continues/</link>
		<comments>http://sumptuary.wordpress.com/2010/04/03/and-the-e-bandwagon-continues/#comments</comments>
		<pubDate>Sun, 04 Apr 2010 00:11:55 +0000</pubDate>
		<dc:creator>ajwong18</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Digital]]></category>
		<category><![CDATA[E-bay]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[Gilt Groupe]]></category>
		<category><![CDATA[GSI]]></category>
		<category><![CDATA[Net-a-Porter]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[Richemont]]></category>
		<category><![CDATA[Ruelala]]></category>

		<guid isPermaLink="false">http://sumptuary.wordpress.com/?p=148</guid>
		<description><![CDATA[Richemont recently announced that it would increase its current stake in Net-a-Porter.com to full ownership. There have been a few questions raised about brands being sold by a retailer fully owned by a competitors. I think such thoughts are nonsense, especially since Sephora (owned by LVMH) sells cosmetics and fragrances by a plethora of other [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=sumptuary.wordpress.com&amp;blog=12166279&amp;post=148&amp;subd=sumptuary&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Richemont recently announced that it would <a href="http://online.wsj.com/article/SB10001424052702304355804575157532424327058.html">increase its current stake</a> in Net-a-Porter.com to full ownership. There have been a few questions raised about brands being sold by a retailer fully owned by a competitors. I think such thoughts are nonsense, especially since Sephora (owned by LVMH) sells cosmetics and fragrances by a plethora of other competing firms. The recent acquisition by Richemont is mirrored by <a href="http://www.boston.com/business/technology/articles/2009/10/28/rue_la_la_parent_brought_by_pa_firm/">GSI&#8217;s purchase of Ruelala</a>, an exclusive online discount retailer. The proliferation of these types of online discount store fronts is pretty genius. Luxury companies are looking for ways to distribute leftover inventory through channels that still preserve the brand. This is why companies like Ralph Lauren and J. Crew invest so many resources into their own outlet locations (there is nothing sadder than seeing a lone Tory Burch bag tossed on a shelf at Loehmann&#8217;s).</p>
<p>But caution needs to be taken over the next few years as companies continue to more accurately plan and decrease inventory. After such huge success, Gilt Groupe announced that it  received a <a href="http://deals.venturebeat.com/2009/07/02/gilt-groupe-gets-40m-to-make-luxury-online-retail-even-glitzier/">huge cash infusion</a> to help expand its operations. But one of the main reasons the company got so much business was because of the unexpected inventory excess produced by the recession. How will the company be able to keep up the scale of business required to stay profitable?</p>
<div class="wp-caption aligncenter" style="width: 563px"><img title="WSJ Pic" src="http://si.wsj.net/public/resources/images/MK-BC128A_PORTE_G_20100401181529.jpg" alt="" width="553" height="369" /><p class="wp-caption-text">Net-a-Porter Screen, via WSJ.com</p></div>
<p>Halfhearted attempts by companies at this type of venture are easily spotted. E-bay has opened its own <a href="http://fashionvault.ebay.com/">online discount retail front</a>, and I can&#8217;t help but feel shopping via Fashion Vault would be like ordering a veggie burger at a McDonald&#8217;s located in Dallas.</p>
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		<title>In Praise of Crocs</title>
		<link>http://sumptuary.wordpress.com/2010/03/30/in-praise-of-crocs/</link>
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		<pubDate>Tue, 30 Mar 2010 19:38:54 +0000</pubDate>
		<dc:creator>ajwong18</dc:creator>
				<category><![CDATA[From the Author]]></category>
		<category><![CDATA[crocs]]></category>

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		<description><![CDATA[Oh Crocs, what a brilliant fiend you are. You once only donned the soles of diabetics in hospitals that were so crippled they needed specialty orthopedic shoes just to walk. Now, with your help, all of America can look just like schizophrenic patients from a hospital wandering around the streets unattended. Clever you are to have to climbed [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=sumptuary.wordpress.com&amp;blog=12166279&amp;post=144&amp;subd=sumptuary&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Oh Crocs, what a brilliant fiend you are.</p>
<p>You once only donned the soles of diabetics in hospitals that were so crippled they needed specialty orthopedic shoes just to walk. Now, with your help, all of America can look just like schizophrenic patients from a hospital wandering around the streets unattended. Clever you are to have to climbed to such great heights by taking advantage of the average American&#8217;s desire to buy something so completely unnecessary that you are deemed &#8220;cool.&#8221; How is it that you discovered wearing Mickey Mouse and Spiderman buttons on our feet was the key to our hearts?</p>
<p>You were <a href="http://www.huffingtonpost.com/2009/07/18/crocs-maker-appears-heade_n_239515.html">struck down temporarily</a> by bankruptcy. Your enemies (people with style, taste, and overall common sense) rejoiced at your demise. But how foolish they were to so prematurely assume your death without realizing that, like cockroaches, a scourge like Crocs does not die easily.</p>
<p>Now you are back in full-force with the objective of penetrating all markets. And you are surely on your way to fulfilling your dream that every American owns a pair of neon green clogs with holes that don&#8217;t keep feet dry in the rain.</p>
<p>This newest addition to your campaign, the creepy foot eating shoe creature from a bad trip on LSD, will forever go down in history as another case of marketing genius.</p>
<div class="wp-caption aligncenter" style="width: 514px"><img class=" " title="Crocs Creature" src="http://images.nymag.com/images/2/daily/2010/03/20100330_croslite_560x360.jpg" alt="" width="504" height="324" /><p class="wp-caption-text">Crocs Creature, via nymag.com</p></div>
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