Fashionphile Primes for Growth, and Neiman Marcus Hookup

Anticipating a bump to its business when its Neiman Marcus partnership begins, Fashionphile leased a 105,118-square-foot industrial building in Moonachie, N.J., which will become the luxury handbag resale site’s Northeast operations hub. Fashionphile chief executive officer Sarah Davis revealed that it will open salons before Black Friday at Neiman’s stores, including The Shops and Restaurants at Hudson Yards in Manhattan; The Mall at Short Hills, Short Hills, N.J.; King of Prussia Mall, King of Prussia, Pa., and Roosevelt Field Mall in Garden City, N.Y. “The business has been growing 50 percent year-over-year — and that’s without the Neiman Marcus synergies,” Davis said. “What’s going to happen when the business does have those synergies. People say, ‘What are you going to do with a 100,000 square-foot building.’ I say, ‘We’re going to fill it.’ “Part of it is that we’re busting at the seams,” said Davis of the company’s existing headquarters in Carlsbad, Calif. “We could maybe move into the building next door, but we have so much traffic coming from the New York area — our number-one zip code is from New Jersey. [Summit.] We’re on Madison Avenue, and we’ll be opening physical locations at Neiman’s stores soon. We said, what can we

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