Weekly Insights Sep 16, 2016

Executive Summary

• This week’s note “From the Desk of Deborah Weinswig” discusses the history and economic impact of New York Fashion Week, as well as highlighting some things that are different at the event this time around.
• The market for luxury plus-size fashion is growing, and is estimated to be worth $20.4 billion this year, up from $17.4 billion in 2013. Although few luxury designers are devoted to making plus-size fashion, partnerships and social media seem to key for luxury designers looking to launch plus-size lines.
• E-commerce giant Amazon has launched its restaurant delivery service in selected areas of London as part of its Prime Now offering. This pits it against delivery firms such as Deliveroo and UberEATS. Amazon promises to deliver within an hour, but the free service is available only for Amazon Prime Now subscribers.
• L Brands has opened a 10,760-square-foot Victoria’s Secret store in partnership with Mexican retail franchiser Grupo Axo. This is the first full-assortment store in Mexico City, and it sells all of the Victoria’s Secret lines, including Body by Victoria, Very Sexy, Dream Angels, Bombshell and Victoria Sport.