Tuesday Trade Talk

Banana Republic is going up! Banana Republic has just announce they are opening a signature upscale store with their monogram BR line, with a price reflecting the upscale side, 30 to 40% higher then their basic Banana Republic stores. They are trying to directly compete with the ever expensive new consumer, who also are know for shopping in Nordstrom’s Saavy department, J.Crew’s new store J.Crew Collection, and the many upscale boutiques. Wow, remember when you used to buy a safari t-shirt from Banana Republic …they have sure changed!

With Banana Republic open new concept shops, keep your eyes out for new positions opening up!