The business has been very difficult for the last five to six years.
More Quotes from Wendy Liebmann:
If I put 60 a week into gas, that a huge chunk of my disposable income even for a moderate income household.Wendy Liebmann
Here is this audience that is waiting to be plucked. They have a lot of money to spend, so they are a really big deal.
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It's about value perception and what's worth consumers' money and what isn't.
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In the past, a single fragrance had a life cycle of maybe six to seven years, because people would stay loyal to a scent for a longer period of time. The life cycle is much shorter now, especially with the younger consumers, who always want the latest product.
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For the last couple of years, we've had a lot of belly button-revealing looks. Now we're going to see a more fitted silhouette, and more belting.
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How does Isaac successfully live in both specialty department stores and discount stores Why does Bergdorf Goodman welcome Isaac into its rarified space at the same time as the brand sits in the pet care aisle at Target
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