Report: JCPenney Hires Consultants to Raise $1 Billion

JCPenney

Plano, TX—Beleaguered JCPenney, which fired its CEO Monday after only 17 months, reportedly has hired the Blackstone Group LP’s … [Read more...]

Banana Republic, Issa London Collaborate on Limited-Edition Pre-Fall Collection

Issa X Banana Republic

New York—Issa London, a contemporary brand known for its feminine shapes and signature prints and a favorite of Kate, the Duchess … [Read more...]

Item of the Day

KOFTA

Doesn’t if feel as if fashion just seems to cry out at you?  Other times, the latest thing screams at you. Such is the case with … [Read more...]

Wintery Weather Results in Meager March Comp Sales Results

Widespread winter storms hampered shopping in many part of the country in March.

New York—U.S. retailers reported their lowest comparable store gains in months today as widespread cold weather hindered March … [Read more...]

Sears Bows New Celebrity Branding Unit with Nicki Minaj, Adam Levine

Publicity shot for Nicki Minaj's 2013 MAC VIVA GLAM lipstick line. Her fashion line is scheduled to premiere at Shop Your Way and Kmart stores.

Hoffman Estates, IL—Sears Holdings, parent to Sears and Kmart, is hoping some headliners made headlines to help its bottom line. … [Read more...]

Fast Retailing Reports Strong Half Results, Raises Full Year Forecast

From Uniqlo x Cabbages & Roses

Tokyo—Fast Retailing, owner of Uniqlo and the largest apparel retailer in Asia, reported today its half year results, raising its … [Read more...]

Item of the Day

Mi Piaci

Many designers hold the notion that their ideas are pure gold. Mi Piaci, a new Italian-inspired handbag and luxurygoods … [Read more...]

Johnson Out, Ullman In, But Questions About JCPenney Remain

Myron "Mike" Ullman returns as JCPenney CEO

Plano, TX—For most followers of retail, especially analysts, it was only a matter of time before Ron Johnson, the Apple retail wiz … [Read more...]

Prada’s Full Year Profit Jumps; Plans New Focus on U.S., South America, Mideast

Prada

Milan—Prada SpA reported Friday that its full year profit jumped 45% thanks to its sales strength in Asia. However, Patrizio … [Read more...]

Remembering Thatcher—and Her Handbags

Minister Margaret Thatcher with her iconic handbag during her tenure as British prime minister

London—News today of the death of Baroness Margaret Thatcher, the longest serving prime minister in 20th century United Kingdom, … [Read more...]

NY Councilwoman Seeks Law Penalizing Buyers of Counterfeit Bags

Sheet showing styles of counterfeit handbags available from a vendor in Chinatown.

New York—One New York City Councilwoman hopes to quash the sales of fake designer handbags by fining—or threatening jail time—to … [Read more...]

ICSC: Despite Cold, March Retail Sales Could Rise 5 Percent

Retail Sales

New York—While retailers are still tallying their March receipts, one thing is for certain: the weather sure didn’t … [Read more...]