Founded in 1991 by Caroline Davis and Jay Rosenberg, the Worth New York clothing line helped establish a new business model for selling high-end fashion. The company offers personalized service to its customers who make an appointment with one of its 800 to 1,200 stylists and sales consultants who then tailor a wardrobe and shop on behalf of the client once personal style and taste have been determined.Continue Reading
Worth New York does not maintain a national network of stores and outlets, preferring to display its merchandise in trunk shows at the homes and workplaces of its consultants. This business model enables the company to take advantage of an under-served market for women who are too busy to shop in department stores or online.
By purchasing textile from European mills, the company offers fashionable high-end clothing at more affordable prices than similar clothing lines. As of 2015, prices for the Worth New York clothing line range from about $200 for turtlenecks to $1500 for coats. For the semi-casual clothing line WorthWear, prices range from about $50 to $400, and the clothing brand's average sales as a whole amount to $95 million per year. The clothing has been praised for its quality construction and detailing and for features such as wide seam allowances and leather trim.Learn more about Clothing