Downtown Community Development Corporation | (412) 235-7263 | info@downtowncdc.org
100 Fifth Ave, Suite 614
Pittsburgh, PA 15222






In this Issue:
Sola Salon Studios

Sola Salon Studios allows beauticians to work for themselves. The concept was created 15 years ago and only arrived in Pittsburgh in 2015, but has already expanded to seven locations since its initial opening in East Liberty. Rather than having to work in a salon for a boss, stylists are able to rent their own space within Sola's facilities. Cassie Farkas, operations manager, says that the motto is "'be in business for yourself, not by yourself;' while everyone at Sola is an independent business owner we give them support and love to help them run their businesses." This help comes in the form of financial aid, as all of the shampoo bowls, cabinets, styling chairs and other hardware is provided. Additionally, if a beautician needs cosmetology paperwork or registration, the company guides them through the process. There is a maintenance person on site to mitigate any structural problems or to hang lighting. 

Not just anyone can rent a space at Sola, though. Farkas says that stylists "do need to be a licensed beauty pro. We think when someone comes to Sola they should be established in the business for a while with a clientele." This way, clients can trust that when they go through Sola, they will be dealing with a tried and true professional. She says that between her team and franchisees, there is over 100 years of experience. In addition to this vetting, the benefit for the customer is a more private space. Private discussions are possible, since, according to Farkas, "at a usual salon floor you can hear everyone's conversations... at Sola you can just close the door." 

Sola Salon Studios hosts beauticians and stylist that offer services from hair and nails to body waxing and tooth alignment. There are currently locations in Eastside on Baum Boulevard, Monroeville, Wexford, Galleria of Mt. Lebanon, the Strip District, Bridgeville and McKnight Road. Further sites will be opening soon at The Mall at Robinson as well as in Shadyside, Fox Chapel, and Cranberry. To learn more about Sola Salon Studios, visit their website.

Study:  Holiday  Shopping Becoming Less Important To Retailers

Holiday shopping is not what it used to be.
At least that's according to a report by Coresight Research, which finds that 24/7 online shopping has re-shaped consumers' shopping behavior. The season accounted for almost 24% of all sales in the late 1990s, but has slowly but steadily slipped to 21%. Coresight expects the trend to continue. 

"The ease and convenience of Internet shopping has consumers taking advantage of shopping  holidays throughout the year and spreading out  holiday shopping," stated the report. 
Holiday sales have dropped the most as a share of annual sales for jewelry retailers, falling 670 bps to 26.7%, according to Coresight. Department store  holiday sales as a share of annual sales dropped by only 80 bps to 23.8%, while the share for electronics and appliance store declined the least, by 50 bps to 22.1%.

Part of Coresights " Holiday  2019" series the report  forecasts a 4.0% year-over-year increase in total U.S. retail sales (excluding autos and gasoline) for November and December, which is slightly lower than some other estimates but is slightly higher than Coresight's original  holidayprojection due to a "relatively strong macro environment" with positive impact from lower gas prices. It expects to see slightly more than 23% of all nonfood retail sales go online this  holidayseason, up around 200 basis points from last year's estimated share of 21.2%. 

In other key findings:

*    Thanksgiving is late this year, falling on November 28, giving six fewer days between Thanksgiving and Christmas than in 2018 - and the shortest possible  holiday calendar. While not ideal, a shortened calendar can be a boost to both sales and profits for some retailers as it can drive more last-minute shopping.

*    A late start to Chanukah (December 22 through December 30) such that it overlaps Christmas, along with the truncated calendar, will likely have retailers nervous about daily receipts.
Fashion Brands Team Up to Fight Counterfeits on  Amazon

Despite  Amazon 's best efforts, brands are concerned that it is still too easy to sell counterfeit items through the site. To combat this, The American Apparel & Footwear Association is recommending that  Amazon 's Canadian, German, French, Indian, and U.K. websites be added to the U.S. government's annual "Notorious Markets" list. This could potentially force  Amazon  to "take stricter measures to curb counterfeiting" through the use of trade sanctions or "other legal means."  Amazon  says it has worked hard to block over three billion "suspected bad listings." In 2018, it invested over $400 million to protect customers from "fraud and abuse in our stores."

Larrimor's Fall Events

November

ALLEN EDMONDS TRUNK SHOW
November 7 - 9
Classic American-made footwear polished in look, fit and feel by premium leather and distinct cork-fused soles. For timeless elegance and style, the choice is always Allen Edmonds. 
LAFAYETTE 148 NEW YORK RESORT

November 14 - 16
Chic modern designs in luxurious fabrics and attention to detail define the Lafayette 148 New York Fall Collection. Sizes: Petite 0-16, Missy 0-18, 
Women's 14W-24W and Women's 1X-3X will be available during our Trunk Show. 
 
INDIVIDUALIZED CUSTOM SHIRTS
November 21 - 23
Custom-made shirts. What's not to love?
Hundreds of fabric choices. 15 made-to-order measurements. A multitude of cuffs, pockets, and monograms. The ultimate sartorial look and fit. Meet representative David Dumont.
LVMH Might be Buying  Tiffany  & Co.

Luxury conglomerate LVMH is considering acquiring  Tiffany  & Co., and has apparently approached the brand with a takeover proposal. Sources close to the deal say there is "no guarantee an agreement will be reached."  Tiffany  is currently valued at $12 billion, meaning if the deal goes through LVMH could pay more for it than the $7 billion it paid for Dior.

Mike Diesel Hair Club making Downtown Fresh

From braiding to hair dye, Mike Diesel Hair Club is serving the people of Downtown by helping them look fresh. 

"We call it the Hair Club," Michael Young, owner and barber at MDHC, said. "A club for people who need to be fresh."

Young, aka Mr. Krispy, is located at 100 5th Avenue in Suite 804.

Young said everyone should have a gimmick or nickname to boost themselves up; his was Mr. Krispy.

"My goal was to make people crispy," Young said. "The guy I was working for was like 'Mr. Krispy,' and I was like 'I'm gonna roll with that, I'm gonna keep that'."

21 years later, Mr. Krispy offers a wide variety of hair designs and cuts for their customers.

"We're trying to keep ahead of the curve," Young said. "We keep it real basic and crisp and sharp. We pride ourselves on our sharpness."

The barbershop opening in July of 2018, has stood out from the start with the name, Mike Diesel Hair Club.

"I'm set apart from everybody," Young said. "I came up with that name and people said 'Just call it Mike's.' I said 'no, that's too basic'. I put the logo together and it just felt right."

Before opening his own shop, Young helped run his family's shop where he credits them with giving him the experience he needed to be ready to open Mike Diesel Hair Club.

"Every part of this shop, I did with my bare hands, everything," Young said, "It's always been my dream to have my own shop. Here it is."

Young planned for three months before he built the shop that he wanted. He created an environment where everyone is welcome in the club and where everyone feels comfortable.

"People like good vibes, they don't like stress. They don't want to come into this spot to negative energy. They come here to find positive energy and comfort," Young said.

Young said that his story isn't spectacular, "it's realistic. Somebody who just went ahead and did it."

For more information or to schedule an appointment, call 412-863-7348.