Affluent Consumers: Pessimistic, Tight-Fisted About 2013?

Luxury Logos

Stevens, PA—The U.S. Congress may have eked past a fiscal cliff and debt ceiling crisis (at least for now), but that’s of no … [Read more...]

H&M Q4 Profit Narrows on Expansion Costs

Spring looks from H&M

Stockholm—H&M, the world’s second largest fashion retailer, reported today an unexpected drop in its fourth profits due in … [Read more...]

2013 Retail Sales Increase Projected to Slow

2013

Washington—Coming off a heels of a 2012 holiday season that had lower growth than originally projected, 2013 is likely too to see … [Read more...]

Sequential Brands Relaunches Its Newly Acquired Heelys Footwear

Wheel-heeled sneakers from Heelys

New York—Sequential Brands Group reported Thursday that in addition to closing its $63 million deal to buy Heelys Inc., the … [Read more...]

Tod’s 2012 Sales Meet Expectations

Tod’s new hand-painted crocodile pouches.

Milan—Tod’s SpA reported Wednesday that its fiscal 2012 sales rose 7.8% to 963.1 million euros (about $1.28 billion) thanks to … [Read more...]

Baggallini to Expand With KIVA Outdoor/Travel Bag Brand

KIVA, the latest brand under the R.G.Barry accessories umbrella

Pickerington, OH—R.G. Barry, owner of Dearfoams and baggallini, reported Tuesday that it purchased the KIVA brand of outdoor and … [Read more...]

Richemont Q3 Sales Disappoint on Slower Business in Asia

The latest high watch styles from Richemont's Cartier brand:
The platinum Mysterious Double Tourbillon of the Rotonde de Cartier appears to be freely suspended at the heart of the watch.

Geneva—Compagnie Financière Richemont SA, the world’s second largest luxurygoods group after LVMH, reported today that its third … [Read more...]

Target’s Next Guest Designers: Kate Young, Prabal Gurung

Spring style from Prabal Gurung for Target limited edition collection

Minneapolis—Celebrity stylist Kate Young and designer Prabal Gurung are the latest upscale names to collaborate with Target on  … [Read more...]

South Korean Company to Spend $170 Million for K-Swiss

Iconic K-Swiss style: the leather Clean Classic, available in original white as well other colors.

Westlake Village, CA—K-Swiss Inc., a performance and lifestyle apparel and footwear brand known for originating the first leather … [Read more...]

Commerce Dept: December Retail Sales Grew at Modest Pace

Accessories were a favorite with December shoppers, according to sales reports from the U.S. Commerce Department.

Washington—Thanks to consumers spending on apparel and accessories among other things, lower gasoline prices and continued job … [Read more...]

PPR Group Invests in British Rising Star Christopher Kane

A printed, half-tab pleated crepe de chine maxi dress from Christopher Kane on sale this spring at Neiman Marcus.

London and Paris–PPR, the French luxurygoods conglomerate behind Gucci and Yves Saint Laurent, is beefing up its presence in … [Read more...]

Retail Industry Adopts Principles for Tax Reform

Tax Reform

New York–Citing partisan battles that have instilled fear and hurt consumer confidence, the nation’s retailers are joining the … [Read more...]