Report: Consumer Demand Increases for High-End Timepieces, Smartwatches

Swiss Smartwatch: Breitling's B55 Connected, the brand’s first connected chronograph. Since the main assets of a smartphone are its screen and its ergonomic interface, owners of the B55 Connected can use their phone to perform certain adjustments (time-setting, time zones, alarms, display and operating parameters, night mode, etc.). At the same time, the user may also upload the results of various measurements (flight times, etc.) from the chronograph to the smartphone so as to be able to read them more easily, store them or pass them on via wireless connectivity.

Basel and Geneva, Switzerland—BaselWorld, the annual trade show for watches, opened Thursday with a showcase of 1,500 brands that … [Read more...]

Target’s Payout: $10 Million in Data Breach and Minimum Wage Increase

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Minneapolis—Target Corp. is paying out big time. The mass merchant agreed to pay $10 million to settle a class-action lawsuit over … [Read more...]

Basel Bombshell for Apple? TAG Heuer, Gucci Announce Luxury Smartwatches

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Basel, Switzerland—The 18K gold, $10,000 plus Apple Watch won’t be the only luxury smartwatch to vie for affluent consumers. … [Read more...]

J. Crew Swings into Q4 Loss on Charges, Lower Sales at Flagship Brand

Winter Blues: the good kind. J. Crew’s Downing bucket bag in deep navy

New York---J. Crew Group Inc. today reported that it swung into a fourth quarter loss hurt by an impairment change and slower … [Read more...]

DSW Gains as Q4 Earnings, Sales Beat Forecasts

DSW Promo: Slip on the Converse Chuck Taylor All Star High-Top Floral and hit the gas

Columbus, OH—Reporting its strongest comparable store growth in several years, DSW today posted a 10% increase in profit and sales … [Read more...]

Aéropostale to Close More Stores, Change Merchandise Mix

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New York-- Aéropostale Inc. reported last week that its fourth quarter loss narrowed while the teen retailer turned its first … [Read more...]

Zumiez Q4 Profit, Sales Beat Estimates

Brixton display at Zumiez store

Lynnwood, WA—Despite increased costs, Zumiez Inc. posted last week better-than-expected fourth quarter results in line with … [Read more...]

Buckle Inc. Q4 Profit and Sales Rise, Beating Forecasts

White denim is trending at Buckle stores

Kearney, NE—The Buckle Inc. reported Friday that its holiday quarter profit edged up as comparable store sales improved.For … [Read more...]

Ann Inc. Surprises with Better-Than-Expected Q4 Results

"Geometry Lessons" this spring at Ann Inc.'s LOFT brand

New York—With holiday results that beat its own outlook, Ann Inc. today posted a surprise fourth quarter profit increase as sales … [Read more...]

Despite Q4 Sales Gain, Genesco’s Profit Squeezed by Margin Pressure

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Nashville, TN—Despite strong fourth quarter sales, Genesco Inc. said Thursday that its profit was hampered by “gross margin … [Read more...]

Stein Mart Q4 Profit Soars 65% on Strong Sales Gains

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Jacksonville, FL—Stein Mart Inc. ended its fiscal 2014 with a surge in profit and sales in its fourth quarter.For the quarter … [Read more...]

Wall Street Pounds Vera Bradley on Dismal Forecast, Lower Sales

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Fort Wayne, IN—Wall Street pounded shares of Vera Bradley Inc. after the handbag and accessories company gave a dismal forecast … [Read more...]

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