clock menu more-arrow no yes mobile

Filed under:

Recession Woes: Banana Republic, Ann Taylor's Luxury Lines Not Selling

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

Banana Republic's Monogram boutique on Bleecker Street

The Wall Street Journal spends some time discussing the recession today—specifically, how this is not the best time for brands like Banana Republic and Ann Taylor to be launching higher-end lines. Apparently, the response to Ann Taylor's pricier Collection line has been "tepid" and although Banana Republic won't disclose how its Monogram effort is doing, we weren't impressed when we visited the company's test boutique on Bleecker Street last month. What does this mean for you, the consumer? More sales, of course.
· Retailers Downscale Their Luxury Lines [WSJ]
· Now Open: Monogram Bows on Bleecker [Racked]