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...]

America’s Wealthiest Women’s Favorite Brand? Tiffany, Michael Kors

From Tiffany's Ziegfeld Collection

New York—Which brands do America’s ultra-wealthy consumers like best? Tiffany & Co. and Michael Kors.That’s what the … [Read more...]

Finish Line Q1 Profit Fall, But Sales Rise on New Macy’s Shops

Sales of women's athletic footwear, like this pair of Nike Free Bionic workout shoes, are on the rise at The Finish Line thanks to its new Macy's shops.

Indianapolis—Finish Line reported Friday that its first quarter profit fell nearly 60% due to costs associated with open its shops … [Read more...]

Burlington Coat Factory Hopes to Raise $175 Million in IPO

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Burlington, NJ—Private equity firm Bain Capital, which owns Burlington Coat Factory, last week told the Securities and Exchange … [Read more...]

Nike Q4 Surprises with Profit Up 22% on Strong Sales

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Beaverton, OR—Nike reported Thursday a better-than-expected fourth quarter earnings thanks to strong sales in North America and … [Read more...]