Are hotels the new department stores? Well, maybe not just yet, but they’re definitely filling a gap that luxury retail left behind. As traditional department stores struggle with foot traffic and bankruptcies, hotels—already built around experience—are emerging as a more natural home for discovery-driven retail. Just ask Elyce Arons, CEO and co-founder of luxury fashion label Frances Valentine, which has launched a capsule collection in collaboration with The Colony Hotel, a historic establishment in Miami. In its first-ever collaboration with a hotel, the brand has introduced a range of caftans, tote bags, accessories, and T-shirts featuring embroidery and motifs reminiscent of both brands. For Arons, a longtime customer of the hotel, the partnership happened “organically” over the past year. “The Colony is a great place for us; Palm Beach is a great place for us,” Arons told Retail Brew. “Because we started with caftans, and we use a lot of bright colors and big, beautiful prints, [people] associate us with resort and with vacation.” Arons believes the collaboration is a fun way to connect both with the brand’s existing customers and also guests at the hotel. Keep reading here.—JS |