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...]

Item of the Day

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...]

Item of the Day

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...]

Michael Kors Q3 Sales, Profit Soars Ahead of Forecasts

Michael Kors handbag

New York—Once again Michael Kors Holdings Ltd. has impressed Wall Street, reporting third quarter earnings today that blew past … [Read more...]

Tough-Minded Affluent Consumers Warrant New Luxury Marketing Directions This Year

luxurygoodsbrands

Stevens, PA—Recent reports from leading luxurygoods purveyors such as LVMH, Ralph Lauren, and Tod’s have proved that whatever the … [Read more...]

January Comp Sales Rise, Easily Beating Forecasts

JANretail

New York—Whether it was the U.S. Congress finally averting the so-called fiscal cliff in early January, a spate of Arctic cold … [Read more...]

Wet Seal Cuts Costs and Employees; President Resigns

Wet Seal

Foothills Ranch, CA—Wet Seal Inc. announced Friday that Ken Seipel, its president/chief operating officer, would be leaving the … [Read more...]