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Podcast: The Glossy Podcast
Episode: 'There's a return to retail': Michael Stars co-founder Suzanne Lerner on fashion's direction
Description: Michael Stars wants to strike a balance between evolution and tradition."You could call it quote-unquote sustainable, because my stuff doesn't get thrown away," said Suzanne Lerner, the company's co-founder and president, on the Glossy Podcast. "It doesn't end up in the landfill after that season that it was so trendy."As evergreen as its styles are, Michael Stars' revenue model is quickly changing."Fifty percent of our business is specialty stores," Lerner said. "About 20% is our own e-commerce site, and the balance -- 30% -- is a mix of other [retailers'] e-commerce sites...