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Stitch Fix, Trunk Club and Le Tote upping the ante on online apparel retailing
When it comes to brands that stand out in online apparel shopping segment, subscription services are leading the pack. Apparel subscription services, like Stitch Fix and Trunk Club, and introduction of Amazon’s Prime Wardrobe are disrupting the apparel segment. While the subscription method of shopping for apparel is still in its infancy, consumer reach — and interest — is growing, according to research from The NDP Group. -
Nordstrom sweetens terms to attract potential equity partners
Nordstrom is offering a deal to potential equity partners willing to fund a buyout. The group of Nordstrom Inc. family members seeking to take the luxury department store chain private is offering preferential terms to potential equity partners willing to fund the buyout, according to Reuters. The group involved in the negotiations are company co-presidents Blake W. Nordstrom, Peter E. Nordstrom, and Erik B. Nordstrom; president of stores James F. Nordstrom; chairman emeritus Bruce A. Nordstrom; and Anne E. Gittinger.

