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Theory (clothing Retailer)
Theory is a New York-based men's and women's contemporary fashion label which sells clothes and accessories. The brand currently has 434 retail locations and global sales approaching $1 billion as of 2021. The company's headquarters and flagship boutique are located in Manhattan's Meatpacking District. Origins and development In 1997, Andrew Rosen, former CEO of Anne Klein and a Calvin Klein executive, launched Theory with co-founder Elie Tahari in New York City as a women's collection, with a focus on comfortable stretch pants. The collection performed well and a men's line was added in 1999. In 2000, a license agreement was formed with Link International of Japan, established in 1998, to manufacture, and distribute the brand as well as operate stores under the Theory name in Asia, predominantly Japan. Women's handbags and shoes were introduced in 2003, and launched nationally in the U.S. for Spring 2006. In 2012 The Council of Fashion Designers of America (CFDA) announc ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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Chief Operating Officer
A chief operating officer or chief operations officer, also called a COO, is one of the highest-ranking executive positions in an organization, composing part of the "C-suite". The COO is usually the second-in-command at the firm, especially if the highest-ranking executive is the chairperson and CEO. The COO is responsible for the daily operation of the company and its office building and routinely reports to the highest-ranking executive—usually the chief executive officer (CEO). Responsibilities and similar titles Unlike other C-suite positions, which tend to be defined according to commonly designated responsibilities across most companies, a COO's job tends to be defined in relation to the specific CEO with whom they work, given the close working relationship of these two individuals. The selection of a COO is similar in many ways to the selection of a vice president or chief of staff of the United States: power and responsibility structures vary in government and priva ...
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Fast Retailing
is a public Japanese multinational retail holding company. In addition to its primary subsidiary Uniqlo, it owns several other brands, including J Brand, Comptoir des Cotonniers, GU, Princesse Tam-Tam, and Theory. History The company was founded as Men's Shop Ogori Shoji in 1949, and formally incorporated as Ogōri Shōji Co., Ltd. in 1963 by Hitoshi Yanai. In 1984, the company, which ran a menswear store in Ube, Yamaguchi, opened a new casual-wear store named Unique Clothing Warehouse in Hiroshima City; this was the forebear of Uniqlo. In September 1991, Ogori Shoji changed its name to Fast Retailing Co., Ltd., and was listed on the Hiroshima Stock Exchange in July 1994.''Uniqlo Syndrome''. Toyo Keizai Shinpo Sha. Tenkai Japan. ASIN: B004PYDPOK. In February 1999, it was listed on the first section (large companies) of the Tokyo Stock Exchange. The company also owns the American brand Theory; Fast Retailing acquired "an equity stake in Link Theory Holdings Co Ltd, the ...
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Share (finance)
In finance, financial markets, a share is a unit of Equity (finance), equity ownership in the capital stock of a corporation, and can refer to units of mutual funds, limited partnerships, and real estate investment trusts. Share capital refers to all of the shares of an enterprise. The owner of shares in a company is a shareholder (or stockholder) of the corporation. A share is an indivisible unit of capital, expressing the ownership relationship between the company and the shareholder. The denominated value of a share is its face value, and the total of the face value of issued shares represent the capital of a company, which may not reflect the market value of those shares. The income received from the ownership of shares is a dividend. There are different types of shares such as equity shares, preference shares, deferred shares, redeemable shares, bonus shares, right shares, and employee stock option plan shares. Valuation Shares are valued according to the various principle ...
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David Sims (photographer)
David Sims (born 1966) is a British fashion photographer who first made his name in the early 1990s with magazines such as ''The Face'' and '' i-D''. Commercial career Sims was born in Sheffield. He worked first as a photographer's assistant with Robert Erdmann and Norman Watson. He was taken on by a photography agency and his work began to feature in editorial pages of magazines such as ''i-D'', ''The Face'' ''Vogue'' and ''Arena Homme Plus''. He has also worked in advertising, creating images for brands such as Alexander McQueen, Balenciaga, Calvin Klein, Jil Sander and Yohji Yamamoto. Exhibitions International exhibitions of Sims' work have been held at the Museum of Contemporary Art Tokyo, Fotomuseum Winterthur, Switzerland and Deichtorhallen in Hamburg. The Institute of Contemporary Arts (ICA), London featured Sims’ work in spring 2013, his first solo show in the United Kingdom in 15 years. Collections His work is held in the permanent collections of London's Victoria a ...
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Natalia Vodianova
Natalia Mikhailovna Vodianova ( rus, Наталья Михайловна Водянова, , nɐˈtalʲjə mʲɪˈxajləvnə vədʲɪˈnovə; born 28 February 1982), nicknamed Supernova, is a Russian model, actress and United Nations Goodwill Ambassador. In 2012, she came in third on the ''Forbes'' top-earning models list, estimated to have earned $8.6 million in one year. Vodianova was ranked in 2015 by models.com as one of the New Supers in the fashion industry. In 2010, Vodianova was awarded Inspiration of the Year by ''Harper's Bazaar''. In 2014, Glamour recognized her as Woman of the Year and awarded her its The Voice for Children award. Vodianova is a mother of 5. She is also a member of the Special Olympics International Board of Directors. In 2021, the United Nations Population Fund (UNFPA) appointed her as a Goodwill Ambassador for the sexual and reproductive health agency. Early life Born in Gorky, in the Soviet Union (now Nizhny Novgorod, Russia), Vodianova ...
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Manhattan
Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five boroughs of New York City. The borough is also coextensive with New York County, one of the original counties of the U.S. state of New York. Located near the southern tip of New York State, Manhattan is based in the Eastern Time Zone and constitutes both the geographical and demographic center of the Northeast megalopolis and the urban core of the New York metropolitan area, the largest metropolitan area in the world by urban landmass. Over 58 million people live within 250 miles of Manhattan, which serves as New York City’s economic and administrative center, cultural identifier, and the city’s historical birthplace. Manhattan has been described as the cultural, financial, media, and entertainment capital of the world, is considered a safe haven for global real estate investors, and hosts the United Nations headquarters. New York City is the headquarters of ...
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Council Of Fashion Designers Of America
The Council of Fashion Designers of America, Inc. (CFDA), founded in 1962 by publicist Eleanor Lambert, and headquartered in Manhattan, is a not-for-profit trade association comprising a membership of over 450 American fashion and accessory designers. The organization promotes American designers in the global economy. In addition to hosting the annual CFDA Fashion Awards, the organization develops future American design talent through scholarships and resources in high schools, colleges, and postgraduate schools. The CFDA also provides funding and business opportunities for working designers. Through the CFDA Foundation, the organization supports charitable causes. History The first president of the CFDA was Sydney Wragge (from 1962 until 1965). Steven Kolb is the CEO and president since 2006. As of June 2019, Tom Ford is the group's chairman; he follows Diane von Furstenberg who served as chairman for 13 years. The following people were founding members of the CFDA, from 196 ...
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Handbag
A handbag, commonly known as a purse or pocketbook in North American English, is a handled medium-to-large bag used to carry personal items. Purse, handbag or pouch The term "purse" originally referred to a small bag for holding coins. In many English-speaking countries, it is still used to refer to a small money bag. A "handbag" is a larger accessory that holds objects beyond currency, such as personal items. American English typically uses the terms purse and handbag interchangeably. The term handbag began appearing in the early 1900s. Initially, it was most often used to refer to men's hand-luggage. Women's bags grew larger and more complex during this period, and the term was attached to the accessory. "Pocketbook" is another term for a woman's handbag that was most commonly used on the East Coast of the United States in the mid-twentieth century. Modern origin Early modern Europeans wore purses for one sole purpose: to carry coins. Purses were made of soft fabric or lea ...
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Distribution (business)
Distribution (or place) is one of the four elements of the marketing mix. Distribution is the process of making a product or service available for the consumer or business user who needs it. This can be done directly by the producer or service provider or using indirect channels with distributors or intermediaries. The other three elements of the marketing mix are product, pricing, and promotion. Decisions about distribution need to be taken in line with a company's overall strategic vision and mission. Developing a coherent distribution plan is a central component of strategic planning. At the strategic level, there are three broad approaches to distribution, namely mass, selective and exclusive distribution. The number and type of intermediaries selected largely depend on the strategic approach. The overall distribution channel should add value to the consumer. Definition Distribution is fundamentally concerned with ensuring that products reach target customers in the most d ...
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