Saks Inc. Posts Q4 Profit Decline, But Still Beats Forecasts

Saks Fifth Avenue

New York—Despite sales at some of its Saks Fifth Avenue and Off Fifth stores being negatively affected by Superstorm Sandy, Saks … [Read more...]

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Stewart/Stand

If you are said to have “steely determination,” you probably have an unflinching resolve to get things done. That characteristic … [Read more...]

Dillard’s Q4 Profit, Sales Increase Again

Dillard's store

Little Rock, AR—Dillard’s Inc. today reported that its fourth quarter profit grew 14% as comparable store sales rose for the 10th … [Read more...]

Nordstrom Q4 Profit Up 20%, Plans Rack, Internet Expansion

Nordstrom

Seattle—Despite a 20% in its fourth quarter earnings, Nordstrom disappointed retail analysts Thursday afternoon with lower-than … [Read more...]

Walmart Reports Solid Q1 Results, But Cautions on Current Sales

Walmart checkout

Bentonville, AR—A successful Black Friday and reviving layaway helped Walmart into a solid fourth quarter. Nonetheless, the retail … [Read more...]

Iconix Buys Lee Cooper, Ups 2013 Sales, Profit Forecasts

Spring/Summer looks from British brand Lee Cooper

New York—Iconix Brand Group today reported that a drop in licensing revenue resulted in a 4% decline in its fourth quarter net … [Read more...]

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Loewe Flamenco bag

Loewe’s limited edition Flamenco handbag really makes us want to dance—even if we do tend to have two left feet. The Napa leather … [Read more...]

PPR Reports Significant 2012 Sales, Profit Increase

Spring/summer at Bottega Veneta, one of PPR's strongest performing brands in 2012.

Paris--PPR SA, the owner of Gucci, Yves Saint Laurent, Puma and other luxurygoods brands, reported Thursday strong growth in its … [Read more...]

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Key to My Heart

It’s here. You have a sentimental card all carefully written. The roses—at least a dozen of them—are resting in a vase of water. … [Read more...]

Skechers Swings into Q4 Profit on Sales Gain

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Manhattan Beach, CA—Skechers reported Wednesday that it swung into a fourth quarter profit as it wholesale sales climbed and … [Read more...]

Commerce Dept: January Retail Sales Up Despite Tax Hike Worries

January 2013 retail

Washington—Worries that the hike in payroll taxes that went into effect in January might hinder retail sales appear to be … [Read more...]

Hermès Reports Record 2012 Sales

"Absolute luxury" Hermes style

Paris—The view isn’t only better from the top, business is too. At least that’s the take home from Hermès International SCA which … [Read more...]