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Macy's Inc. Reports Q1 Declines but Came Out Ahead of Guidance
Macy's Inc. Reports Q1 Declines but Came Out Ahead of Guidance

Yahoo

time6 days ago

  • Business
  • Yahoo

Macy's Inc. Reports Q1 Declines but Came Out Ahead of Guidance

Macy's Inc., continuing to aggressively close underperforming department stores, reported drops in profits and sales for the first quarter of 2025 but said the performance was better than expected. Net income dropped to $38 million, or 13 cents per diluted share, in the quarter ended May 3, from $62 million, or 22 cents per diluted share, in the year-ago quarter. More from WWD Assessing Modern Luxury With Bluemercury's Maly Bernstein FIT's 2025 'Future of Fashion' Showcase Embraces Trends of the Present Bloomingdale's Unveils Coniglio Palm Beach Collection and Carousel Operating income declined to $94 million last quarter, from $125 million in the year-ago period. Net sales slipped to $4.6 billion in the latest quarter, from $4.85 billion in the year-ago period. Based on the dynamic situation with tariffs, and what the company sees as some moderation in discretionary spending and a heightened competitive promotional landscape, Macy's reduced its earnings guidance for the year, but maintained its sales projection and stated it feels 'confident' it can adapt to the changes. 'We continued to execute against our Bold New Chapter strategy during the quarter, scaling key initiatives that improved our customer experience and contributed to stronger than expected performance across all three of our nameplates,' Tony Spring, Macy Inc.'s chairman and chief executive officer, said in a statement issued Wednesday morning. 'Our first-quarter results give us confidence that we have the right strategy and team in place to navigate the current environment while we continue to invest in our customer on the path to returning Macy's Inc. to sustainable profitable growth.' Officials also indicated that the results reported beat previously issued guidance on sales and earnings per share. Macy's Bold New Chapter strategy, introduced in February 2024, involves investing in 'go-forward' stores with increased staffing in high-traffic areas such as women's shoes and fitting room areas, fresher products and improved visuals. Macy's has designated 350 go-forward department stores. The strategy also calls for closing about 150 poor-performing department stores over a three-year period, while 'accelerating and differentiating luxury,' striving for organic growth and store expansion at both Bloomingdale's and Bluemercury, including opening Bloomie's units, which are scaled down, specialized versions of the full-line Bloomingdale's department stores. By division last quarter, Macy's net sales, including owned and licensed and through the store's marketplace format, were down 0.9 percent. For the Macy's 'go-forward' department stores, comparable sales were down 1.9 percent. Bloomingdale's comparable sales rose 3.8 percent on an owned, licensed and marketplace basis. Bluemercury's net sales rose 0.8 percent, and on a comparable basis were up 1.5 percent. Macy's now expects adjusted earnings before interest, taxes, depreciation and amortization, as a percent of total revenue, to range between 7.4 percent to 7.9 percent, down from its previous forecast of 8.4 percent to 8.6 percent. Adjusted diluted earnings per share are seen coming in at $1.60 to $2, down from the previous forecast of $2.05 to $2.25 per diluted earnings per share. However, the company's forecast for sales is unchanged at $21 billion to $21.4 billion for this year. Best of WWD Macy's Is Closing 66 Stores in 2025 — Here's the List, Live Updates Inside the Demise of Lord & Taylor COVID-19 Spikes Elevate Retail Concerns Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Doral Academy rallies to advance to state softball final with walk-off in eighth inning
Doral Academy rallies to advance to state softball final with walk-off in eighth inning

Miami Herald

time23-05-2025

  • Sport
  • Miami Herald

Doral Academy rallies to advance to state softball final with walk-off in eighth inning

With the Class 6A state softball semifinal on the line on Friday, Doral Academy freshman Zoey Abdullah stood in the batter's box against Bloomingdale senior Natalie Cable, a UCLA recruit. Despite the fact that Cable has struck out more than 1,000 batters in her prep career, Abdullah got the job done, lofting a walk-off sacrifice fly in the eighth inning as Doral prevailed, 5-4, in Longwood. 'I don't usually celebrate much,' Doral coach Willie Viruet said, 'but I had to throw up a couple of fist pumps after this one.' Doral (30-1) will play the Pace Patriots (24-3) on Saturday at 2 p.m. for the state championship. A victory would give Doral its second state title and its first since 2021. But the Doral Firebirds, ranked No. 1 in the state and No. 4 in the nation, according to MaxPreps, almost didn't make it to Saturday's final. Doral fell behind 3-1 in the fourth inning despite the fact that two of the Firebirds' greatest former players were in the dugout on Friday, helping Viruet and his staff coach. Those two players are: Amanda 'Tuta' Ramirez, who just graduated from the University of Pittsburgh where she served that team's catcher; and Louisville pitcher Alyssa Zabala. 'There were a bunch more of our alumni sitting in the stands,' Viruet said. Perhaps all that support inspired Doral senior Sarah Breaux, a Clemson recruit who homered in the bottom of the fourth, cutting Bloomingdale's lead to 3-2. That was Breaux's 14th homer of the season, which is one behind team leader Anabela Abdullah, who is a Texas recruit and Zoey's older sister. Doral then trailed 4-2 entering the bottom of the sixth. But the Firebirds started a rally with a Breaux walk and single from Leyani Viruet, the coach's daughter. Both runners came home, including Viruet, who scored the tying run on an RBI single from Sara Utera. The game then went to extra innings, where the designated runner starts each frame at second base. So, with a speedy runner on second and no outs, Doral pitcher Meagan Villazon retired Cable on a pop-out in one of the game's biggest moments. Earlier in the game, Cable had slugged her 15th homer of the season on a Villazon curve. This time, Villazon won the battle. 'I was a little worried because I had missed my spot and she homered off me in her previous at-bat,' Villazon said. 'This time, I just tried to spin the ball as best I could. 'I got the result I wanted, and I was hyped.' Villazon got the next two batters, also on pop-outs, ending the threat. 'Meagan didn't have her best stuff today, but we battled the whole game,' Coach Viruet said. 'We didn't make any errors, and we defended the bunt well.' After escaping that jam, Doral started the bottom of the eight with Utera on second as the designated runner. Ashley Tremont got on base with an infield single, moving Utera to third. Then, after an unproductive out, Abdullah delivered against Cable, who finished with 10 strikeouts. Abdullah's fly ball to right-center was not hit that deep, though, causing an anxious moment or two. 'The ball hung there for a second,' Viruet said. 'Everything paused in my mind until I saw it was deep enough.' This was the first time all year that Doral played extra innings. And it was just Doral's second one-run game. Next up is Pace, which is ranked fourth in the state and 18th in the nation. Pace won the 6A state last year with Jayden Heavener, who is now pitching for LSU. This year, Pace relies on sophomore pitcher Hannah DeMarcus, who is 23-2 with a 0.29 ERA and 15 shutouts. In fact, Pace has shut out its past four opponents. Overall, this season, Pace has posted 18 shutouts and held opponents to just one run five times. Also, Pace has lost just two games all season to Florida schools. Doral, which is undefeated against Florida schools, will counter DeMarcus with Villazon, who is 25-1 with a 0.66 ERA. This will be the first meeting between Doral and Pace, according to Viruet. 'We've checked them out,' Viruet said when asked about scouting Pace. 'We do our homework. Coaching travel ball for more than 10 years helps. We've seen a lot of their kids. '(DeMarcus) is a competitor. They have elite pitching in that Pace program. But we are 'ride or die' with (Villazon).'

Judith Hope Blau, who turned bagels into art, dies at 87
Judith Hope Blau, who turned bagels into art, dies at 87

Boston Globe

time23-05-2025

  • General
  • Boston Globe

Judith Hope Blau, who turned bagels into art, dies at 87

In the early 1970s, every Thursday was B-Day for the Blaus, a family of four living in Westchester County. That was the day Ms. Blau and a friend with a station wagon picked up 1,000 or so bagels from a bakery in nearby New Rochelle. Back home, the haul was tipped into a bathtub to dry out. Bagels, described by The New York Times in 1960 as 'an unsweetened doughnut with rigor mortis,' turn stale after a single day -- and they made a fine, firm canvas for Ms. Blau. She helped the process along by stirring them with her hand, so the ones on the bottom of the tub wouldn't get moldy. 'Fluffing,' she called it. Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. Enter Email Sign Up Once they were dried, Ms. Blau painted the bagels with smiling faces -- she never painted a cranky bagel, the Times noted -- helped by her daughter, who brushed in the whites of the eyes. Ricky, her son, pitched in by fishing out the rejects -- the mangled or lumpy ones -- and eating them. Her husband, Lawrence Blau, who was a nuclear physicist, kept the books. Advertisement Once painted, the bagels were shellacked, tagged -- 'Don't Eat Me' -- and spread throughout the house to dry again. Lawrence Blau once caught a bagel drying on the bathroom floor with his big toe and fell into an empty shower. Advertisement 'There we were, living in a bagel factory in Eastchester,' Judith Hope Blau told a reporter in 1979. 'My children, Laurie and Ricky, my physicist husband and I, once a serious painter, were totally preoccupied with preserving, painting, packing and selling hundreds of smiling bagel products.' Running a bagel factory had not been among Ms. Blau's career plans. When her children were small, however, she had made them bagel puppets and bagel necklaces. She was inspired by her grandfather, Isidore Korodsky, a Russian-born Bronx bagel baker known as Grandpa Izzy, who liked to entertain children by talking to his bagels and painting faces on them with chalk. After Ms. Blau's daughter brought one of her bagel necklaces to school, where it was a hit, Ms. Blau's husband dared his wife to show a bag of them to a Bloomingdale's buyer. To her dismay, the store ordered 100. Thousands of bagel necklaces were sold in the first few months. They were so popular that knockoffs appeared. Newspapers called Ms. Blau the Bagel Lady. NBC came to film the Blaus' bathtub. Eventually, the family business overwhelmed the family -- and the house -- and Ms. Blau outsourced her bagel work to several companies. The McGraw Hill publishing company learned of her doings and asked her to write a children's book. 'The Bagel Baker of Mulliner Lane,' featuring Grandpa Izzy, was published in 1976. Ms. Blau designed socks printed with bagel characters, as well as bagel bedding for Fieldcrest. She made plush bagel toys called Elephantagel and Pigagel. Advertisement A local newspaper declared that 'Bagelmania was contagious and incurable.' Judith Hope Ravinett was born in the Bronx on April 5, 1938, the oldest of four children of Evalynne (Korodsky) Ravinett, who operated a string of laundromats, and Samuel Ravinett, a dentist. She had been born with clubfoot, and when she was 7, she had surgery to correct the condition, after which she was confined to bed for a year. Then she contracted rheumatic fever and spent another year in bed. To entertain herself, she used crayons to draw on her bedroom walls. She filled shoe-box lids with soil, landscaping them with tiny plants and toothpick buildings. She made up plays and created puppets to act them out. She made yarn dolls and paper-doll clothes. Her mother brought her bed into their side yard, and Judith drew pictures of the oak trees above her. In the afternoons, when the weather was warm, her mother moved her bed to the sidewalk in front of the house, and Judith sold her creations for a nickel each. 'Just because you can't leave your bed does not mean your bed can't leave the house,' she recalled her mother telling her. She went on to study fine art at Cornell University, Hunter College, the University of Rochester and Columbia University. By then, she was dating Lawrence Blau, and they married in 1959. Her first job, pre-bagelmania, was as an animator at Terrytoons, the venerable cartoon studio in New Rochelle best known for Mighty Mouse. She had begun to paint, exhibiting her work in local galleries; in the early 1970s, she also began making hand-painted jeans and caftans that she sold in boutiques. In addition to her daughter, Ms. Blau is survived by her son, Richard; three siblings, Barbara Weingarten, Lawrence Ravinett and Ted Ravinett; three grandchildren; and three great-grandchildren. Lawrence Blau died in 2015. Advertisement Ms. Blau's bagel empire was so successful that toymakers came calling, asking her to branch out. She designed Sweetie Pops, which were dolls that preschoolers could dress themselves, with arms and legs that snapped on and off. Hasbro sold 1 million of them in 1985. Hasbro also produced Blau's Baby All Gone (she came with plastic food and utensils to feed her) and Baby Check-Up (she came with a stethoscope and other medical accouterments); more than 10 million of both dolls combined were sold worldwide. Among Ms. Blau's many other creations were playthings that mimicked her childhood creations: Bedside Buddies were knapsacks shaped like animals that could be tucked between a mattress and box spring to hold other toys to play with in bed. She also designed sheets printed with prosceniums and various characters drawn from three storylines -- 'twin bears,' 'ballerinas' and 'icky sticky monsters' -- that also had hand puppets stitched into the hems. An ardent environmentalist, Ms. Blau created an educational program to teach children about nature; it involved characters she called Treetures, who dispensed knowledge about trees. And she was the author of a number of books for young children, including 'Hello! Good-Bye!,' in which a puppy learns an existential truth: Hellos, good-byes Good-byes, hellos. Everybody comes, Everybody goes. This article originally appeared in

The 12 Best Wedding Perfumes, Vetted by Romantic Fragrance Fans
The 12 Best Wedding Perfumes, Vetted by Romantic Fragrance Fans

Yahoo

time20-05-2025

  • Entertainment
  • Yahoo

The 12 Best Wedding Perfumes, Vetted by Romantic Fragrance Fans

PureWow editors select every item that appears on this page, and some items may be gifted to us. Additionally, PureWow may earn compensation through affiliate links within the story. All prices are accurate upon date of publish. You can learn more about the affiliate process here. You can learn more about that process here. Yahoo Inc. may earn commission or revenue on some items through the links below. Read the original article on Purewow. Wedding season often has us thinking about the best dress, hairstyle or shoe, but don't forget about adding a lovely perfume for the special day. Whether you're the bride or an attendee, there are plenty of fragrances that scream love is in the air. Here, I compiled the 12 best wedding perfumes to find your signature scent all season long. I polled PureWow editors and Gallery Media Group staffers to share the perfumes they've used on their wedding day—or as a guest, bridesmaid or maid of honor. I also went on the hunt for popular picks through social media, along with a few favorites from celebrities (like Princess Diana). Keep reading to find the best wedding perfumes of 2025. Want to know which buzzy products are *really* worth buying? Sign up for our shopping newsletter to uncover our favorite finds. Bloomingdale's Rose is a perfect option for a wedding, and though Diptyque has plenty of customer favorites, SEO Editor Marissa Wu recommends this specific fragrance when it comes to bridal. 'I always wear Diptyque Eau Rose. It's fresh, fruity, floral and classic! [It's] not too heavy. Plus, I've worn it to the last three weddings I've attended,' she shares. With notes of damascena, roses, honey, lychee, cedar *and* musk, it's a scent that leaves a subtle, lovely waft around you—especially down an aisle. $185 At Bloomingdale's $185 at neiman marcus Sephora If you're attending an outdoor wedding, consider adding this perfume to fit with the theme. It has key notes of tomato leaf accord, green mandarin essence and patchouli heart—making for a nice blend of citrus and earthy fragrances that's light yet impactful. 'I wore this at my wedding. I got married at the Botanical Garden, so the name was fitting. The fragrance is inspired by Puglia Italy, where I was actually engaged—plus, it smells like tomato leaf which reminds me of my dad,' says Meg Gegler-Ahern, director of brand partnership. from $35 At Sephora FROM $68; $85 at maison margiela Bloomingdale's A destination wedding calls for this fresh scent. Inspired by the Romani lifestyle, the fragrance evokes earthy notes like sandalwood, pine needles and bergamot, to name a few. As Director of Design, Victoria Parrotta, writes, 'I wore Byredo Gypsy Water at my wedding. The venue was on the water in Long Beach Island, so the name naturally gave me a connection to the ocean. I was looking for something that felt fresh yet warm and cozy—just like the vibe of my modern coastal wedding in November.' from $85 At Bloomingdale's $230 at neiman marcus Sephora This royal favorite brand is one of the best wedding perfumes in the market, more specifically the Wood Sage & Sea Salt scent. With key notes of ambrette seeds, sea salt and sage, expect a woody and earthy blend that's bride approved—just ask Director of Creative Strategy Ariel Pietrobono. 'I wore it on my wedding day, but I also discovered it on my wedding day. I was going to sit down at our sweetheart table during the reception, and there was a small travel size bottle,' she explained. 'I sprayed the perfume without even thinking, and I became instantly obsessed! I wound up buying the full size duty-free at the airport before I went on our honeymoon.' from $32 at sephora from $26 at bloomingdale's Neiman Marcus It's reported that this is the exact perfume Princess Diana used on her wedding day. The floral scent has key notes like rose, jasmine, bergamot and sandalwood that our royal expert Rachel Bowie found to be not at all overpowering. 'As far as the scent itself goes, I found it wearable with a vintage aura, and I loved that, as it melds into your skin, the different flowers stand out. (The lily of the valley, for example, really seemed to pop at one point.) As my test drive continued, I found myself reaching for it often, perfect for Saturday night dinner with a friend or a glass of red wine on a chilly spring night,' she wrote in her review. $240 at neiman marcus From $105 at nordstrom Ulta Once the wedding reception hits, consider this spicy scent for your outfit change. The opening note will remind you of rich coffee, before settling into warm vanilla and white flowers. Reviewers can't stop praising this perfume, labeling it as everything from 'sexy and sensual' to 'drawing loads of compliments.' One commenter writes, 'This has been my go to for YEARS & YEARS! I am absolutely obsessed with the scent. It makes me feel sexy and it smells delicious! I don't feel complete without a spray or two of it—its the BEST! I'm always getting asked what perfume I'm wearing and it's always this!' from $98 at ulta From $98 at macy's Neiman Marcus This luxury perfume is just what you need—and it has everyone from Olivia Rodrigo and Bethenny Frankel cosigning its fragrance. While the price is steep, the scent is worth it. It's not only long-lasting but has a fruity-musky aroma that reminded Lifestyle Editor Sydney Meister of a five-star hotel on the French Rivera. 'If my detailed description of the Extrait should tell you anything, it's more than just a fragrance—it's a sensory journey. Between the saffron, bitter almond, Egyptian jasmine, ambroxan, and cashmeran, everything comes together for a bold yet balanced finish that's as lavish as it is irresistibly warm,' she writes. 'While I love how it clings to my clothes and lasts for hours, I wouldn't call it an everyday fragrance; it's more of a 'special occasion' scent that commands attention.' FROM $295 at neiman marcus from $295 at bloomingdale's Sephora The Viktor & Rolf Flowerbomb is the floral fragrance you're searching for. A quick whiff and you'll find vanilla, jasmine and orange blossom. The brand is all about making a 'summer perfume in a bottle' and shoppers believe they've nailed it. 'The blend of vanilla, jasmine, and rose is perfectly balanced—floral but not overpowering, and just the right touch of sweetness without being too sugary. I love that it's light enough for daily wear. It lasts beautifully throughout the day without being too strong, making it my go-to fragrance for any occasion. If you're looking for a floral scent that's versatile and not overly rosy, this is it,' shares one reviewer. from $39 at sephora from $39 at amazon Chanel Honestly, any Chanel perfume would do well for a wedding, but we can all agree that Coco Mademoiselle is a fan favorite. The soft floral-woody fragrance is light and smells wonderful, especially at the wedding reception. With notes of jasmine and rose petal, it's fresh and a favorite among fragrance lovers. 'I absolutely love this perfume! I receive compliments all the time and it's my everyday go-to perfume. Love, love, love!' shares an Ulta commenter. from $113 at chanel from $116 at ulta Sephora This Gucci perfume offers a light fragrance without being overpowering (and overshadowing the bride). It has notes of jasmine, tuberose and neroli accord, which is the best recipe for a floral perfume. Reviewers say it's long-lasting, feminine and simply made for special occasions. One shopper said it best: 'It has a great scent. It's light, fresh and floral. Even my husband said it smelled nice (and he is usually indifferent about scents).' from $39 at sephora from $90 at ulta Sephora Nothing says floral quite like Dior. This classic fragrance has rose, peony, iris and Lily of the Valley. You'll also find a hint of vanilla, sandalwood and tonka bean for a warmer finish. Scent aside, the bottle is just as impressive. The signature bow is a nice touch and a great wedding gift to the bride (hint, hint). 'Miss Dior Eau de Parfum is absolutely gorgeous! The floral notes are fresh and elegant, making it perfect for any occasion. It lasts all day without being overpowering,' writes one customer. FROM $56 at sephora from $108 at ulta Sephora A perfume the bride *and* groom can try out. This Tom Ford pick prides itself on being a genderless scent—with key notes of coco de mer, ylang-ylang and cardamom. Made to evoke sun and luxury, the tropical destination wedding is in need of this summery scent. 'My wife thought this would only smell good on her, but I honestly love it as well. I think it's a unisex scent. The scent lasted the whole entire day,' shares one commenter. from $75 at sephora from $75 at bloomingdale's The 20 Best Perfumes for Women, Vetted by Scent-Obsessed Editors PureWow's editors and writers have spent more than a decade shopping online, digging through sales and putting our home goods, beauty finds, wellness picks and more through the wringer—all to help you determine which are actually worth your hard-earned cash. From our PureWow100 series (where we rank items on a 100-point scale) to our painstakingly curated lists of fashion, beauty, cooking, home and family picks, you can trust that our recommendations have been thoroughly vetted for function, aesthetics and innovation. Whether you're looking for travel-size hair dryers you can take on-the-go or women's walking shoes that won't hurt your feet, we've got you covered.

Faherty And Bloomingdale's Team Up To Bring Coastal Cool To Midtown
Faherty And Bloomingdale's Team Up To Bring Coastal Cool To Midtown

Business Mayor

time13-05-2025

  • Business
  • Business Mayor

Faherty And Bloomingdale's Team Up To Bring Coastal Cool To Midtown

Faherty and Bloomingdale's Sun & Waves concept opened Saturday, May 10th. Matthew Carasella Over the weekend, Bloomingdale's 59th Street flagship started to look and feel a little more like Spring Lake, New Jersey, thanks to a new collaboration with Faherty, the family-founded lifestyle brand known for its laid-back, surf-inspired aesthetic. In an innovative twist that blurs the lines between retail, hospitality, and experience, Faherty is taking over the department store's in-house restaurant space—Flip—to launch its first-ever Sun and Waves restaurant pop-up in New York City. The partnership, which runs through June, is timed to coincide with Father's Day and the start of summer. 'At Bloomingdale's, we're always striving to dream big—and few brands reflect that spirit better than Faherty,' said David Thielebeule, Fashion Director at Bloomingdale's. 'As we looked to enhance our in-store experience for Father's Day, partnering with a brand known for bold ideas and effortless, beach-inspired style felt like a natural fit. After all, who doesn't love the beach? Bringing Alex and Mike's signature blend of relaxed sophistication and excellent vibes into our stores was an easy decision. I cannot wait for our customers to experience the results.' The Sun & Waves pop-up features select clothing and a takeover of the Flip restaurant. Matthew Carasella For Faherty, this moment represents more than just a creative partnership—it's an extension of a vision the brand has been building since its earliest days. 'This is a major milestone for us—our first-ever window takeover at Bloomingdale's 59th Street, one of the most iconic shopping destinations in the world, along with a Sun and Waves pop-up inside Flip. We're thrilled to share the full Faherty experience—style, spirit, and flavor—right in the heart of New York City,' shared Alex Faherty, cofounder and CEO. The company's first venture into the physical space was a Mobile Beach House back in 2013. It's a traveling mobile store that still exists today. That beach house-on-wheels is hitting the road again this summer, with upcoming stops planned for White Plains (May 31) and Huntington, NY (June 7). But this time, it's accompanied by a broader concept that includes immersive dining and lifestyle touchpoints. Faherty's Expansion Into Experience The Bloomingdale's takeover is a natural next step for a brand that has steadily grown from a two-person vision to a national retail presence with 78 stores across the U.S. Though Faherty started as an online and wholesale business, the founders always believed in the power of physical retail. 'We opened our first store in New York's Greenwich Village by moving our office there. We had a little store on the front. There was not a lot of traffic down that street, but it was a great way for us to get product feedback,' Faherty said. The brand then opened in Malibu, a dream they had always had since visiting California as kids. Even during the uncertainty of the early pandemic, Faherty succeeded due to some unique locations. The brand had stores in Sag Harbor, Jersey Shore, Nantucket, and Martha's Vineyard. When people were finally allowed to go back to shopping, the business in those towns was positive. This made the brand confident about continuing to look at retail and began opening more stores shortly after. Faherty's Spring Lake Sun & Waves opened last year and has become a local staple. Courtesy of Faherty Combining shopping and dining began to take shape when Faherty and his wife moved back to Spring Lake and found themselves missing Brooklyn's all-day cafes and health-forward eateries. 'We took over this old bank in town, totally gutted it, and transformed it into this really cool hangout spot,' he said. It's been open since last fall and is now a town staple. The NYC pop-up version of Sun and Waves brings that coastal vibe to the city with special decor, a refreshed menu (think Bondi avocado toast and Spring Lake tuna salad), and an exclusive apparel capsule collection designed as summer mementos. There's also a two-month window display on Third Avenue celebrating the partnership. Building Faherty Beyond Clothing Today, about 40% of Faherty's business comes from retail, with the rest split between e-commerce and wholesale. The brand's largest wholesale partner is Nordstrom, but it also works with a vast network of specialty stores. 'In the first few years, the majority of the sales were in the wholesale channel, so we had that benefit of learning a lot from that initially,' Faherty said. As it opens eight more stores in 2025, including locations in La Jolla, Boulder, and downtown Nashville, the company is also thinking more holistically about how to turn its retail spaces into destinations. Every store is designed to reflect the local community, blending reclaimed materials and a beach house sensibility with nods to regional architecture and culture. 'We never want the stores to feel cookie-cutter,' he said. 'It's all about creating a place people want to hang out.' The Faherty x Bloomingdale's window display can be seen on Third Ave. Matthew Carasella That philosophy extends to the people, too. 'We think of ourselves as a hospitality business, Faherty shared. 'We're running a business, so it's important that we hit our metrics, but at the same time, it's just as important that the customer leaves saying, I just had a great experience.' Faherty is also investing in sustainable innovation. One recent product highlight is its new line of T-shirts made from regenerative organic cotton sourced from farms in Peru. Unlike traditional cotton, the regenerative approach uses rainwater and intercropping techniques that are significantly better for the environment. While the move into hospitality may seem like a departure, it fits perfectly within the brand's broader ambition to create an ecosystem around its lifestyle. With the Bloomingdale's activation, Faherty is doing just that—meeting customers where they are and inviting them to linger a little longer.

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