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Why are thirtysomething brothers Michael and Nicholas Kaplan so
passionate about helping plus-size women find the perfect poncho
or the right pair of pants? You could say it's in their genes.
The Kaplans are the latest
in a growing list of entrepreneurs looking to capitalize on America's
plus-size market. But they're the only ones whose family has been
dressing large-size ladies for more than a century. They are the
great-grandsons of the first lady of full-figure fashion, Lena Himelstein
Bryant, better known as Lane Bryant.
Bryant - "Gram"
to her great-grandsons - was the inspiration behind the brothers'
decision to launch Fashion to Figure. They've attracted over half
a million dollars in investment capital, and they opened their first
store at Palisades Center Mall in West Nyack, N.Y. in October. The
company name was taken from a statement Bryant made to Glamour magazine
in 1950. Asked for the secret of her success, Bryant said: "You
should never ask women to conform their figures to fashion, but
rather bring fashion to the figure."
"I was born 20 years
to the day after she died," said Michael Kaplan, 32. "My
brother and I have been very fortunate to grow up around this American
Dream story. Lane Bryant was a woman who had a multimillion-dollar
enterprise several years before women could vote." The brothers
grew up hearing how Gram, who lost her husband a year after giving
birth to their first child, supported herself by designing and selling
maternity dresses. The business, which began in 1899, took off and
quickly evolved to concentrate on plus-size, rather than pregnant,
women.
Their father, Steven Kaplan,
was president of Lane Bryant until it was sold to The Limited Inc.
in 1986. Lane Bryant has since been sold to Charming Shoppes Inc.,
and the Kaplan family is no longer involved Withthe company.
Nicholas Kaplan, 34 is
the fashion expert in the partnership. A former buyer for Saks,
and general merchandise manager for online fashion site Bluefly.com,
he co-founded The Designer Warehouse liquidation chain.
Michael Kaplan worked for
a venture capital finn, where he proposed and helped found an online
store for plus-size customers, alight.com. He then went to Harvard
Business School, where he and a classmate entered their idea for
Fashion to Figure in the school's business plan competition. Their
plan "didn't come close to winning," Kaplan said. But
Nancy Koehn, one of his professors, thinks Kaplan's business idea
could be a winner with female shoppers.
"I was struck b¥
how committed he was to getting mside the head of his customers,"
Koehn said. "I'm talking about a business woman who's a size
16, or any woman in our society who is not born genetically skinny."
She said she was impressed by Kaplan's empathy for the plus-sized.
"His attitude is, 'I want to make these women feel good.' And
there just aren't that many men walking around Wall Street that
get up in the morning to say that," Koehn said.
Kaplan, she said, has the
financial and business savvy "to translate that empathy into
a financially profitable business in a wide-open market."
Marshal Cohen, senior industry
analyst for research finn The NPD Group, also believes the Kaplan
brothers have "a very good opportunity for success."
"Anything that markets
to the plus-size customer is a good move," he said. "Anybody
who even says hello to the plus-size customer, it's a good move."
Even though everyone is jumping on the plus-size bandwagon, there
is an opportunity for someone to come in and say, "I'm going
to address their needs in a different way," Cohen said.
The Kaplan brothers are
entering a growing market - plus-size apparel sales have been rising
at the rate of 3 to 5 percent a year, while total clothing sales
have been shrinking, according to Cohen. Size 14 is now the best-selling
women's clothing size, up from size 8 two decades ago, and nearly
half of all American women wear size 12 or larger.
Mass chains from Wal-Mart
and Old Navy to Bloomingdale's and Macy's have beefed up their plus
departments, and chams such as Torridhavebeen launched to serve
large-size customers exclusively. That added competition from mainstream
chains has been a challenge for some plus-size-only chams. Rochelle
Park-based United Retail Group Inc., which operates more than 500
Avenue stores, saw its sales slump in 2002 and 2003 and changed
Its merchandise to emphasize fashion, with positive results this
fall.
The Kaplans, however, believe
Fashion to Figure is filling a particular need.
The Fashion to Figure stores,
the Kaplans said, will give plus-size women trendy, fashionable
clothes from lots of different clothing companies. ''This is not
a branded concept. It's fun, fashionable product at low prices,"
Nicholas Kaplan said. Ponchos in bright colors are selling well,
as are down coats for $79 and the "Feel Comfy" sweater
for $19. The Kaplans chose the Palisades Center mall "because
it really draws people from everywhere, from Alpme, N.J., down,"
Nicholas said. The target customer is between 25 and 55, "but
at the same time we've had a 14-year-old girl come in, and we've
helped several women over the age of 80," Nicholas said.
The store is decorated
with large photographs of Bryant, her family and some of the first
full-figured models used by Gram's company. But the words "Lane
Bryant" don't appear anywhere in the store. A sIgn printed
with the "fashion to figure" quote is attributed simply
to "Gram." Nicholas said the brothers left Gram's famous
name off the signs and pictures, first, because they plan to "go
in our own direction" and second, because "we just didn't
want to test those waters" and run into legal problems with
the company that still bears Gram's name.
But being related to Lane
Bryant, and to the man who used to run that company, gave the brothers
an advantage when they first made the rounds in the Garment District,
lining up suppliers for their new store. "We run into people
all the time that talk to us about our family," Michael Kaplan
said. ''You'll never believe who I met," he recalled his brother
saying one day. "Somebody who used to work for Dad. He said,
if you ever need sweaters, just let me know.' "
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