The Eight-Day Week

To Do Friday: Modern Love

Uniqlo, the Gap-like Japanese retailer that is a fashionista fave due to its collaborations with cult labels like Michael Bastian and  Suno, is getting into the museum scene, launching a free Friday night sponsorship at the Museum of Modern Art. Tonight, the first 1,000 visitors to the museum will receive a free Uniqlo tote bag. Read More

power broker

Robert Cohen.

Robert Cohen / Robert K. Futterman

As Soho continues its 20-year transformation from bohemian enclave to luxury retail bazaar, brands like Apple and Uniqlo have added to the neighborhood’s near impenetrable aura of luxury and glitz by converting old spaces into fashionable shopping destinations.

But simply boasting a Soho address isn’t always enough for some retailers.To M.A.C. Cosmetics, which operated a storefront on 113 Spring Street for more than 15 years, foot traffic appeared enviously higher throughout the nearby Broadway corridor.

“They were definitely leaving some money on the table by not having all the footfall that Broadway provides,” said Robert Cohen, 39, a Robert K. Futterman & Associates retail broker who represented M.A.C. Cosmetics in its move earlier this year to Broadway. Read More

At the Highline

SKATE

Roller Models

Roller skating is no laughing matter.  Or so, at least, said Rick Casalino as he danced towards The Observer yesterday morning.

“It’s so important, and also increasingly difficult, to expose people to roller skating these days,” said Mr. Casalino, who has skated two or three times a week since 1988.  “There are so few good Read More

Minimalists Mob SoHo, Seeking Jil Sander’s New Line at Uniqlo

Minimalist clothing designer Jil Sander’s +J collection for Uniqlo debuted this morning and the line stretched down Broadway from Spring to Prince Street, and stayed that way, with people waiting as much as an hour and a half to get first dibs.

“I obviously can’t afford the real Read More

Dubai Firm Wins Barneys Bidding War

In the early hours of this morning, the Japanese retailer Fast Retailing declined to match a competing bid to buy Barneys New York, paving the way for the Dubai firm of Istithmar to proceed with its purchase of the chain of fancy stores from Jones Apparel Group.

Read More

Barneys Suitor Losing Money On UNIQLO Store

Fast Retailing Inc., the Japanese retail giant that owns the UNIQLO chain of cheap-chic clothing stores and which put together a $900 million bid to buy Barneys New York from the Jones Apparel Group, downgraded its forecast for the third time this business year.

According to Reuters:

Having built up an empire of more Read More