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Old 03-04-2008, 05:28 AM   #1 (permalink)
 
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Default american fashion retailers

apparently american fashion retailers can't afford to import european fashion because of the weak dollar, so americans who want italian, british, french etc. fashion are finding it very difficult:

American retailers are cutting back on their European buys and dropping labels due to the weak dollar. U.S. retailers are feeling the economic pinch and are well aware the situation could yet worsen. With a downturn in manufacturing and signs of increasing inflation in retailers are keeping a close eye on Wall Street to try to gauge where prices might be headed. While major department store chains can slightly offset the impact of the weakening dollar via currency hedging, smaller independents don't have such financial muscle.

true or not?
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Old 03-04-2008, 12:09 PM   #2 (permalink)
 
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I'd imagine it is very true!
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Old 03-04-2008, 02:59 PM   #3 (permalink)
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a couple of my friends in america have told me they are finding it more difficult to get euro brands like armani, d&g, versace, burberry, dior etc. maybe these brands need to create a special diffusion line for the states. sorry armani already do with ajx
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Old 03-04-2008, 03:55 PM   #4 (permalink)
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I read that Nordstrom have stopped selling Faconnable.
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Old 03-04-2008, 04:30 PM   #5 (permalink)
 
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I read Barneys are transitioning to a different brand-base focusing on American designers.
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Old 03-04-2008, 06:40 PM   #6 (permalink)
 
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Quote:
Originally Posted by Daveheadhunt View Post
I read Barneys are transitioning to a different brand-base focusing on American designers.
ouch! that won't leave a lot of options!
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Old 03-04-2008, 07:20 PM   #7 (permalink)
 
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it is very very true.
lot of the am buyers don't even bother to come over for the trade fairs at the moment.
all due to the fact that euros and pounds are killing the dollar.
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Old 03-04-2008, 08:09 PM   #8 (permalink)
 
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so our poor colonnial cousins have to wear ralph lauren, ck, tommy hilfiger, abercrombie, dkny and all that stuff.
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Old 03-04-2008, 08:15 PM   #9 (permalink)
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so our poor colonnial cousins have to wear ralph lauren, ck, tommy hilfiger, abercrombie, dkny and all that stuff.
Ha ha, yeah, don't forget Penguin and Schott too.
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Old 03-04-2008, 08:39 PM   #10 (permalink)
 
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Penguin Polos Are Top Drawer.
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