
Luxury Retailers Stay Loyal to Back Bay
Seaport District developers have moved to overcome design and urban planning critiques in recent years, but one retail sector is unlikely to move to the South Boston waterfront anytime soon.
Seaport District developers have moved to overcome design and urban planning critiques in recent years, but one retail sector is unlikely to move to the South Boston waterfront anytime soon.
The storied Manhattan clothier Brooks Brothers is filing for bankruptcy protection.
The shutdown of huge swaths of the economy due to the coronavirus emergency has put every part of retail, from department stores and luxury brands to mom-and-pops under siege.
New entrants have disrupted the luxury sector by creating different channels to attain the seemingly unattainable. For luxury department stores that once had a lock on where the well-heeled could shop, that has forced them to reimagine their approach.