tag:blogger.com,1999:blog-579719431387122896.post545178328719591488..comments2024-03-28T11:42:57.812-04:00Comments on Tomorrow's News Today - Atlanta: Lenox Square Lands Another Luxe Lifestyle Brand: MCM Atlantan99http://www.blogger.com/profile/06115362060612910966noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-579719431387122896.post-36410345685831911102015-07-14T12:58:30.441-04:002015-07-14T12:58:30.441-04:00What a lot of people dont realize is that you don&...What a lot of people dont realize is that you don't have to be uber rich to shop at a lot of these stores. $600 on shoes is a lot. But a person making around $50,000 can aford it. Im not saying thats the only thing in their closet but I can see someone splurging a little on a luxury item or 2 every now and then. I actually know people who do. Now imagine what people who make double and tripple that will spend if they splurge. <br /><br />And lets not forget who lives in Atlanta. Atlanta has become a flashy town. The entertainment scene is heavy here and has a bunch of people (whether they can aford it or not) who like to shop luxury. These stores know what they're doing.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-579719431387122896.post-83386034001628126092015-07-14T12:58:10.590-04:002015-07-14T12:58:10.590-04:00What a lot of people dont realize is that you don&...What a lot of people dont realize is that you don't have to be uber rich to shop at a lot of these stores. $600 on shoes is a lot. But a person making around $50,000 can aford it. Im not saying thats the only thing in their closet but I can see someone splurging a little on a luxury item or 2 every now and then. I actually know people who do. Now imagine what people who make double and tripple that will spend if they splurge. <br /><br />And lets not forget who lives in Atlanta. Atlanta has become a flashy town. The entertainment scene is heavy here and has a bunch of people (whether they can aford it or not) who like to shop luxury. These stores know what they're doing.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-579719431387122896.post-7112341430196830282015-07-14T10:30:18.223-04:002015-07-14T10:30:18.223-04:00Anon July 13-
Seriously - you took the words righ...Anon July 13-<br /><br />Seriously - you took the words right out of my mouth. Similar cities like Dallas and Houston already have many of the stores there or are getting them soon. I always hear "But..but..Atlanta isn't as materialistic" or "Atlanta is frugal". No, that's not the Atlanta I know. People in Atlanta are very stylish (at least for being in the South), and have the money or will spend the money for luxury goods. Not all wealthy people buy this type of luxury. I'm sure many of them (business and professional type of men) buy boring, mid-level suits from Nordstrom. However, Neiman's doubled the size of their Kiton boutique this year. Someone has to be buying those $7,000+ suits. Many luxury goods are very good quality (some are hideous and crappy, but that applies to every category). This means that many young professionals will spend the money for their superior quality and style. It makes more sense to buy $600 shoes that will last for the greater part of a decade than $100 shoes that need to be replaced every year. <br /><br />Neiman Marcus at Lenox is one of their top locations (and one of their largest). They sell many of the brands that have opened at Buckhead Atlanta, so the brands must have been selling well enough there for them to open a boutique. Also, whenever something sells out somewhere else, people (especially women) will do all they can to get what they want. If New York is out and they call Atlanta to get it..Atlanta usually gets the $$$$. I apologize in advanced if I come off as condescending, but fashion and luxury retail is often misunderstood, and I'm tired of hearing about how BA will have Banana Republic, Old Navy, or whatever in a few years. This is simply not the case.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-579719431387122896.post-421174136935336522015-07-13T15:41:01.561-04:002015-07-13T15:41:01.561-04:00Why such negativity about Buckhead Atlanta? I wor...Why such negativity about Buckhead Atlanta? I work at Louboutin and maybe the manager is just keeping morale up, but they keep saying we're exceeding expectations. I know I'm accomplishing my personal sales goals. I can't speak for the restaurants. But I would say don't judge Buckhead Atlanta because you don't see many people in the stores. Keep in mind, most of the retailers here aren't volume retailers. We're not going to turn inventory every week. One sale a day can yield successful margins with the high fashion items. In some cases, ultra luxe retailers are not even here to generate in-store sales but rather to give proven customer bases (from online sales) a place to continue building brand loyalty face-to-face. These are not retailers that are dumb or did not do their homework. They're here because they had a marketplace that generated a brick and mortar location - not the other way around. The vertical development and urbanization of Buckhead will only elevate the viability of Buckhead Atlanta.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-579719431387122896.post-15384268673580616162015-07-11T12:50:12.180-04:002015-07-11T12:50:12.180-04:00I don't see Buckhead Atlanta surviving with it...I don't see Buckhead Atlanta surviving with it's luxe strategy. But, I don't know what else it could be. Shake Shack is probably the most successful spot, followed by AF&B. I don't think Gypsy and Southern Gentleman will make it. The entire Buckhead is going to be totally transformed over the next 6-8 years with all the vertical projects. But in the next few years, I see BA really stuggling Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-579719431387122896.post-82958143593461625292015-07-11T08:42:14.512-04:002015-07-11T08:42:14.512-04:00I still have a MCM checkbook register I got as a g...I still have a MCM checkbook register I got as a graduation present in 1986 from the original Lenox store. It is stamped Made In West Germany, and still looks great. Don't know about the quality now, but their products used to be well made. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-579719431387122896.post-48744061362220131652015-07-10T14:09:02.993-04:002015-07-10T14:09:02.993-04:00Can't speak to this brand but I do have three ...Can't speak to this brand but I do have three pairs of Ferragamo's and can attest to the quality of their shoes. On the other hand, I have a pair of Tod's that cost a little more than a pair of drivers from Ferragamo and the Tod's shoes are terrible. The build quality is awful and they wear very quick. Anonymousnoreply@blogger.com