The makers of the hugely successful ‘Amazon Coat’ puffer jacket are among a wave of Chinese merchants that have benefited from Amazon measures which facilitated U.S. sales by overseas vendors, but undercut U.S. brands.
Canada’s Hudson’s Bay Co. confirmed on Tuesday it would sell its unprofitable online banner Gilt and said it would close up to 10 Lord & Taylor stores, including its Manhattan flagship, as its quarterly loss widened.
Past recipients HC Contracting, Create-a-Marker, Design Incubator, New York Embroidery Studio are among this year's seven grant recipients, which have in total been awarded close to $750,000 in grants.
The two companies partner for a second time to open a custom-developed pop up store. The weekend pop up will be located at 144 Newbury Street in Boston and will precede an online shop launching on June 6.