Tyra Banks Invests in “Community” Online Shopping Site

Tyra Banks: supermodel and supermogul?

San Francisco—Tyra Banks is known as a supermodel, but she’s also become something of a super mogul, too. Her recently-formed … [Read more...]

A.T. Cross to Sell Cross Accessory Division for $60 Million

While its pens are iconic, Cross intends to expand its eyewear business

Lincoln, RI—The A.T. Cross Company said Monday that it plans to sign off on its writing instruments and accessories business by … [Read more...]

Fast Retailing Q3 Mixed Results, Plans U.S. Expansion

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Yamaguchi, Japan—Fast Retailing Co., which plans to open 20 Uniqlo stores a year in the United States, reported last week that its … [Read more...]

Swiss Regulator Permits Swatch to Cut Movement Sales

ETA Watch Movements

Zurich—Swatch Group, the biggest watch and component maker in Switzerland, got a partial reprieve last week on regulations forcing … [Read more...]

June Retail Comps: Best Since January

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New York—While fewer than a dozen major retailers, accounting for some 6% of the $2.4 trillion in U. S. retail sales, still report … [Read more...]

Burberry Posts Boost in Q1 Retail Sales

Orchard bag in House check with bridle leather trim from the Burberry fall/winter collection

London—Thanks to sales of its more expensive merchandise in Asia and the Americas, Burberry Group Plc reported Wednesday that its … [Read more...]

Wolverine Q2 Profit Falls on Acquisition Costs

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Rockford, MI—Wolverine Worldwide reported Tuesday a 13% decline in its second quarter profits due to expenses relating to its … [Read more...]

Jones Group Hires Citigroup to Explore Sale

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New York—Jones Group, parent to Nine West and Anne Klein, saw its shares spike in price on Monday following a Reuters report that … [Read more...]

Van Gogh Couture: Jewelry Just Like “The Real Thing”

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New York—When Kamran Hekmati's wife wore pieces from his latest jewelry collection out to dinner, friends not only said they liked … [Read more...]

Taylor Swift Bows Second Keds Collaboration

A style from the Taylor Swift for Keds fall collection,

Lexington, MA—Taylor Swift has another hit on her hands—or should we say feet? The seven-time Grammy award winning, multiplatinum … [Read more...]

Australian Commission Finds Sheepskin Boots Really Made in China

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Queensland, Australia—Just as many legitimate sheepskin footwear brands have been warning, not all so-called “ugg” boots are made … [Read more...]

LVMH Fined $10 Million Over Stake Accumulation in Hermès

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Paris—The Autorite des Marches Financiers (AMF), the French stock market regulator, today fined LVMH 8 million euros (about $10.4 … [Read more...]