Wal-Mart is Expanding into Luxury Fashion…with Lord & Taylor

      Fashion collaborations happen all the time. But they make sense. And they work. Whenever a designer partners with Target their items fly off the shelves. Of course it seems most of them end up on eBay, but that’s a whole different blog post.

5627D76F-B35E-4EB6-890F-4CECD129B1F8

   The newest collaboration just doesn’t seem like a good fit. Lord & Taylor is teaming up with Wal-Mart to offer a flagship store on Walmart.com.

EC4560D0-76F2-4BE6-9163-4A967A704418

   Lord & Taylor wants to drive more online shoppers to their website and Wal-Mart wants to create a “premium fashion destination on Walmart.com” according to Denise Incandera, the Head of Fashion for Walmart’s e-commerce in the US.

   Considering the average cost of a sweater on L&T’s website is significantly higher than Wal-Mart’s rock bottom prices, how do you combine the two?

7559AA1E-FE45-40F2-8FDA-EA294BEB10A4

1312B5A2-5618-4BDA-8D3F-4E06E0BA959B.jpeg

   Lord & Taylor’s President says this partnership is a chance to “create tremendous growth for us…and this relationship will catapult forward Lord and Taylor’s digital footprint and expand our reach.” 

   Wal-Mart has some stiff competition online. Well, everyone does. Amazon has taken over the online shopping world with a profit of about $92 million a year and rising,

A5402F8A-70B5-4348-BD3F-E0F204497758.jpeg

   But we’ll have to wait to see if this online marriage is a success or if a nasty divorce is on the horizon. The Lord & Taylor flagship opens on Walmart.com in the Spring of 2018. Hope they signed a prenup.

#####
Don’t Let Chic Happen without YOU!

Facebook: https://www.facebook.com/pages/Chic-Happens/140944165939514

Twitter: chichappens5 https://twitter.com/chichappens

Instagram: @chichappensboston https://instagram.com/chichappensboston/

 

Unknown's avatar

About christineno5

Award-winning Journalist turned Fashion Writer. I love all things Chanel and Manolo Blahnik.
This entry was posted in amazon, e-commerce, Lord & Taylor, Uncategorized, Wal-Mart and tagged , , , , . Bookmark the permalink.

Leave a comment