Monday, October 20, 2008

Fast Forward

Revolve is launching a new luxury site called Forward while Net-a-Porter is launching a new discount site called The Outnet. Being as it is not a great time to be starting new retail businesses, I wonder which will be more successful. The debate over whether shoppers are looking for a few investment pieces or if they want to find a good deal is going strong across the entire fashion industry.
For retailers it looks like the smart move to make is to diversify and get a piece of every pie.