advertisement
advertisement
advertisement
Most Innovative Companies

M.Gemi

Maria Gangemi grew up in Italy, surrounded by artisanal workshops producing beautifully crafted leather shoes that would be sold in boutiques in town. Years later, Gangemi discovered that many of these small factories made shoes for the world’s most expensive luxury brands, like Prada, Chanel, and Jimmy Choo, with enormous markups. Gangemi wanted to sell these same shoes to the American market at a fraction of designer prices going direct to consumer. In 2014, together with serial entrepreneur Ben Fischman, she launched M.Gemi, selling these shoes online. Rather than creating seasonal collections, M.Gemi launches new shoes every Monday to encourage customers to keep returning to the site. The company has also launched “fit shops,” which are its own take on the brick-and-mortar store, in Boston and New York, with more coming across the country. There is no inventory in these locations, but customers can come in to be fitted for size and to sample products, and products they purchase will be shipped to their door.

Lists
2018: Style
2017: Style
News

Retail apocalypse watch: Malls are becoming graveyards, but there’s a plot twist

Across the U.S., there are now more graveyard malls than ever before. The vacancy rate in big malls increased by 8.3% in the first quarter–which is at its highest since the fourth quarter of 2012. Reis Inc, a real estate data firm that studies 77 metropolitan areas, says 41 of those areas experienced an increase … Continue reading “Retail apocalypse watch: Malls are becoming graveyards, but there’s a plot twist”

Retail apocalypse watch: Malls are becoming graveyards, but there’s a plot twist
advertisement
advertisement
advertisement