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Fifth Avenue to Tokyo

Posted by Lauren Proctor on August 29, 2009

“There’s a certain demand that’s gone with the asset destruction and the job destruction,” a New York store executive told me the other day. That’s the reality these days. Try as retailers might to entice customers into stores—with spiffy renovations at Saks and Bloomingdale’s, some great-looking fall merchandise—there just isn’t enough demand. Let’s hope things pick up in September. As I’ve been out and about in stores (and I’m by no means done), I’ve been impressed with the selection. There is more to buy, in my opinion, than there was last August—and some better buys. Retailers and designers seemed to make an effort to have more dresses, for example, in the $750-to-$900 range. I noticed at Barneys a terrific Isabel Toledo jersey dress (maybe a reprise of an earlier style) for $850. And I loved all the trousers I saw around—full, pegged, skinny. And the shoes. Oh, I could go on. Sooner or later one collapses in defeat and joy before a sales counter. (New York Times)


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