Womens Clothing Stores: Fast-Fashion” Brands Industry Jargon For Up-And-Comers Just Like Hm Charlotte Russe And Forever 21
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Do you know an answer to a following question. Is it just a strange coincidence we are seeing so many women’s retail brands going under one right after another in 2015?It started with Wet Seal, a discount apparel brand I remember well from my high school days, that filed for bankruptcy in January.
It shuttered its Sarasota Square Mall store on Jan Next came Delia’s, a fashion apparel chain for girls and teens, that liquidated its Sarasota Square store in January when the brand filed for Chapter 11 bankruptcy protection.
Follow her on Twitter @SunBizGriffin and her daily blog at whatsinstore.blogs. It’s taking a chunk of business from these brands that been around a while longer, said Jeff Green, retail analyst. More people are shopping online, where the competition for consumers’ loyalty is fierce. Fastfashion’ brands, industry jargon for up and comers just like HM, Charlotte Russe and Forever 21.HM is cheap and hip. Like Cache whose overall look and feel was really similar for over a decade can’t compete with that, more moderate brands.People will shop upscale or they’ll shop fast fashion, Green said.
Sarasota store is still open, though its future is uncertain.
It’s that middle market that’s suffering.Justine Griffin, the ‘HeraldTribune”s retail and urism reporter, can be reached at 361 4951 or at justine.griffin@ heraldtribune.com.
Armands Circle, filed for Chapter 11 bankruptcy protection this month. Then the company filed for Chapter 11 bankruptcy protection this month. Growing line of failing women’s apparel chains paints a dreary picture for the brickandmortar retail industry. They have this cutting edge about them.HM, a Swedish international apparel brand known for its discount costs on trendy clothing for young men and women, is easily among the most popular stores to open at the Mall at University Town Center. Therefore the retailer, that sells tropical and vibrant ‘every day’ wear and sportswear for women, listed a few outstanding debts, including a $ 9 million loan with Wells Fargo and an unknown debt for commercial rent to a ‘Sarasotabased’ company, Great Lakes Developments. Fresh Produce celebrated its 30th anniversary last year. Who is responsible for the shrinking number of moderately priced women’s clothing companies? Basically the most recent casualty was Cache, known for its evening gowns popular at high school proms, that is closing all of its more than 200 stores nationwide, including its store in the Mall at University Town Center, that opened in October.
