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Independent Clothes Store
A boutique () is a small shop that deals in fashionable clothing or accessories. The word is French for "shop", which derives ultimately from the Ancient Greek ἀποθήκη (''apothēkē'') "storehouse". The term ''boutique'' and also ''designer'' refer (with some differences) to both goods and services, which are containing some element that is claimed to justify an extremely high price. Etymology and usage The term "boutique" entered common English parlance in the late 1960s. In Europe, Avenue Montaigne and Bond Street were the focus of much media attention for having the most fashionable stores of the era. Some multi-outlet businesses (Chain stores) can be referred to as boutiques if they target small, upscale niche markets. Although some boutiques specialize in hand-made items and other unique products, others simply produce T-shirts, stickers, and other fashion accessories in artificially small runs and sell them at high prices. Lifestyle In the late 1990s, some E ...
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The Study Club - August 2022 - Sarah Stierch
''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with pronouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of pronoun ''thee'') when followed by a v ...
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Artificial Scarcity
Artificial scarcity is scarcity of items despite the technology for production or the sufficient capacity for sharing. The most common causes are monopoly pricing structures, such as those enabled by laws that restrict competition or by high fixed costs in a particular marketplace. The inefficiency associated with artificial scarcity is formally known as a deadweight loss. Background In a capitalist system, an enterprise is judged to be successful and efficient if it is profitable. To obtain maximum profits, producers may be restricting production rather than ensuring the maximum utilisation of resources. This strategy of restricting production by firms in order to obtain profits in a capitalist system or mixed economy is known as creating artificial scarcity. Artificial scarcity essentially describes situations where the producers or owners of a good restrict its availability to others beyond what is strictly necessary. Ideas and information are prime examples of unnecessaril ...
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Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision ...
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Lord & Taylor
Lord & Taylor was the oldest brick and mortar department store in the United States, in business from 1826 to 2020. The brand was purchased during former owner Le Tote's 2020 liquidation bankruptcy and relaunched by new owner, Saadia Group, as an online retail operation in the fall of 2022. History Under the Lord family, 1824–1916 English-born Samuel Lord started a dry goods business in New York City in 1824 and opened the original store that would become Lord & Taylor in 1826, on Catherine Street in what is now Two Bridges, Manhattan. The shop stocked hosiery, misses' wear, and cashmere shawls. His wife's cousin, George Washington Taylor, joined in 1834, and the store was named Lord & Taylor. The store continued to grow: it annexed 49 Catherine Street in 1832 and moved six years later to 61–63 Catherine Street. James S. Taylor, Lord's brother-in-law, replaced George Taylor in 1845. The company erected a new building at Grand and Chrystie Streets in 1853 and moved into that ...
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Billabong (clothing)
Billabong International Limited is an Australian company focused on surfing, primarily a clothing retailer that also produces accessories, such as watches and backpacks, and skateboard and snowboard products under other brand names. Founded in 1973 by Gordon and Rena Merchant, the company first traded on the Australian Securities Exchange in August 2000. The name "billabong" is derived from the Wiradjuri word ''bilabaŋ'' that refers to a "creek that runs only during the rainy season". As of September 2013, Von Zipper, and Element were two of the prominent brands that Billabong owns. Honolua Surf Company, Kustom, Palmers Surf, Xcel, Tigerlily, Sector 9, and RVCA were the company's other brands. In 2018, Billabong International Limited was acquired by Boardriders, Inc, owner of rival brand Quiksilver. From late 2012 onwards, following the company's decline in the period since 2008, Billabong International has been the subject of several protracted bidding and takeover proc ...
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Gap Inc
The Gap, Inc., commonly known as Gap Inc. or Gap (stylized as GAP), is an American worldwide clothing and accessories retailer. Gap was founded in 1969 by Donald Fisher and Doris F. Fisher and is headquartered in San Francisco, California. The company operates four primary divisions: Gap (the namesake banner), Banana Republic, Old Navy, and Athleta. Gap Inc. is the largest specialty retailer in the United States, and is 3rd in total international locations, behind Inditex Group and H&M. As of September 2008, the company has approximately 135,000 employees and operates 3,727 stores worldwide, of which 2,406 are located in the U.S. The Fisher family remains deeply involved in the company, collectively owning much of its stock. Donald Fisher served as chairman of the board until 2004, playing a role in the ouster of then-CEO Millard Drexler in 2002, and remained on the board until his death on September 27, 2009. Fisher's wife and their son, Robert J. Fisher, also serve on Gap's ...
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Dash (boutique)
Dash (stylized as DASH) was a boutique clothing and accessory chain founded in 2006 by the Kardashian sisters (Kim Kardashian, Kourtney Kardashian and Khloé Kardashian). , the chain had three locations in the United States. As of April 2018, all locations have closed after 11 years of operation. Stores The first Dash boutique was opened in Calabasas, California in 2006. The original store was subsequently relocated to West Hollywood in 2012. The retail stores have appeared on reality television series about the Kardashian family, ''Keeping Up with the Kardashians'', which premiered in 2007 on the E! cable network. Kim Kardashian has disclosed that she initially wanted ''Keeping Up with the Kardashians'' to focus more on their stores in order to bring people's attention and later said that she "didn't think it would turn into what it turned into." The second store was opened in Miami Beach, Florida on May 20, 2009. The third store was opened on November 3, 2010, in the SoHo dis ...
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Urban Outfitters
Urban Outfitters, Inc. (URBN) is a multinational lifestyle retail corporation headquartered in Philadelphia, Pennsylvania. Operating in the U.S., the United Kingdom, Canada, select Western European countries, Poland the United Arab Emirates, Kuwait, and Qatar, the Urban Outfitters brand targets young adults with a merchandise mix of women's and men's fashion apparel, footwear, beauty and wellness products, accessories, activewear and gear, and housewares, as well as music, primarily vinyl records and cassettes. The company was founded as the retail store Free People by Richard Hayne, Judy Wicks and Scott Belair in 1970 as a project for an entrepreneurship class at University of Pennsylvania. It was renamed to Urban Outfitters and incorporated in 1976. Urban Outfitters, Inc. (URBN) carries multiple stores within the URBN portfolio of brands, which also includes Anthropologie, Free People, Terrain, BHLDN and the Vetri Family restaurant group. Much of the merchandise is designed a ...
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Tiffany & Co
Tiffany & Co. (colloquially known as Tiffany's) is a high-end luxury jewelry and specialty retailer, headquartered on Fifth Avenue in Manhattan. It sells jewelry, sterling silver, porcelain, crystal, stationery, fragrances, water bottles, watches, personal accessories, and leather goods. Tiffany is known for its luxury goods, particularly its diamond and sterling silver jewelry. These goods are sold at Tiffany stores, online, and corporate merchandising. Its name and branding are licensed to Coty for fragrances and to Luxottica for eyewear. Tiffany & Co. was founded in 1837 by the jeweler Charles Lewis Tiffany and became famous in the early 20th century under the artistic direction of his son Louis Comfort Tiffany. In 2018 net sales totaled US$4.44 billion. In 2019 Tiffany operated 326 stores globally in countries such as the United States, Japan, and Canada, as well as Europe, the Latin America and Pacific Asia regions. On January 7, 2021, French multinational LVMH Mo ...
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Quartier 206
A quarter is one-fourth, , 25% or 0.25. Quarter or quarters may refer to: Places * Quarter (urban subdivision), a section or area, usually of a town Placenames * Quarter, South Lanarkshire, a settlement in Scotland * Le Quartier, a settlement in France * The Quarter, Anguilla * Quartier, Sud, Haiti Arts, entertainment, and media * Quarters (children's game) or bloody knuckles, a schoolyard game involving quarters or other coins * Quarters (game), a drinking game * ''Quarters!'', a 2015 album by the psychedelic rock group King Gizzard and the Lizard Wizard * Quarter note, in music one quarter of a whole note * "Quarters" (Wilco song) * "Quarter" (song) Coins * Quarter (Canadian coin), valued at one-fourth of a Canadian dollar * Quarter (United States coin), valued at one-fourth of a U.S. dollar ** Washington quarter, the current design of this coin * Quarter farthing, a British monetary unit * Quarter dollar, unit of currencies that are named dollar * Quarter guinea, a Britis ...
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Colette (boutique)
Colette was a French high fashion, streetwear, and accessory retailer. The three floor concept store was located in Paris and contained an exhibition space, bookshop, and a "water bar" serving more than 100 brands of bottled water. It closed permanently in December 2017. Colette's logo was two blue dots. History The boutique was founded in 1997 by Colette Roussaux; her daughter, Sarah Andelman, took an active role as creative director and purchasing manager in the store's final years. ''Esquire'' called the store "like Kith, Bergdorf Goodman, and Opening Ceremony all rolled into one." The store did €32 million in sales revenue in 2016,Jian DeLeonFashion Industry Insiders React to colette Shutting Its Doorshighsnobiety.com 2017/07/13 with e-commerce accounting for 25% of revenue. In December 2005, Forbes described Colette as“the trendiest store in the world”. Brands The shop was known for stocking the first collections of fashion brands and designers that became fam ...
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10 Corso Como
10 Corso Como is a shopping and dining complex in Milan, Italy. It combines outlets that show and sell works of art, fashion, music, design, cuisine and culture. It was founded in 1990 by gallerist and publisher Carla Sozzani. History The complex began with an art gallery and a bookshop. Other spaces soon followed: a design and fashion store in 1991, the 10 Corso Como Cafè in 1998, a small hotel (with only three rooms) in 2003, and the Roof Garden in 2009. ''10 Corso Como'' and the 10 Corso Como logo are designed by American artist Kris Ruhs. In 2002, ''10 Corso Como'' opened in Tokyo in partnership with Comme des Garçons, designed by Rei Kawakubo and Kris Ruhs. In 2008, ''10 Corso Como'' opened in Seoul in partnership with Samsung Cheil, Samsung Group, designed by Kris Ruhs. On 9 September 2011, ''10 Corso Como'' celebrated its 20-year anniversary. On 31 March 2012, ''10 Corso Como'' opened its second location in Seoul - 10 Corso Como at Avenue L, also designed by Kris Ruhs. ...
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