Report: Affluents’ Spending Driving Up U.S. Economy

Luxury Spending

Stevens, PA—While the financial press is full is full of reports of rebounds in retail and consumer spending, this post-Great … [Read more...]

Item of the Day

Duret Paris

The folks at Maison Duret in Paris, a bespoke leathergoods atelier, are ticked pink to bring you this pink suede belt. Made from … [Read more...]

Commerce Dept: March Retail Falls Most in 9 Months

Apparel and accessories were one of the few categories to show sales increases in March.

Washington—March retail sales fell the most in nine months as employment slowed, gas prices rose while bad weather and the effects … [Read more...]

Report: JCPenney Hires Consultants to Raise $1 Billion

JCPenney

Plano, TX—Beleaguered JCPenney, which fired its CEO Monday after only 17 months, reportedly has hired the Blackstone Group LP’s … [Read more...]

Banana Republic, Issa London Collaborate on Limited-Edition Pre-Fall Collection

Issa X Banana Republic

New York—Issa London, a contemporary brand known for its feminine shapes and signature prints and a favorite of Kate, the Duchess … [Read more...]

Item of the Day

KOFTA

Doesn’t if feel as if fashion just seems to cry out at you?  Other times, the latest thing screams at you. Such is the case with … [Read more...]

Wintery Weather Results in Meager March Comp Sales Results

Widespread winter storms hampered shopping in many part of the country in March.

New York—U.S. retailers reported their lowest comparable store gains in months today as widespread cold weather hindered March … [Read more...]

Sears Bows New Celebrity Branding Unit with Nicki Minaj, Adam Levine

Publicity shot for Nicki Minaj's 2013 MAC VIVA GLAM lipstick line. Her fashion line is scheduled to premiere at Shop Your Way and Kmart stores.

Hoffman Estates, IL—Sears Holdings, parent to Sears and Kmart, is hoping some headliners made headlines to help its bottom line. … [Read more...]

Fast Retailing Reports Strong Half Results, Raises Full Year Forecast

From Uniqlo x Cabbages & Roses

Tokyo—Fast Retailing, owner of Uniqlo and the largest apparel retailer in Asia, reported today its half year results, raising its … [Read more...]

Item of the Day

Mi Piaci

Many designers hold the notion that their ideas are pure gold. Mi Piaci, a new Italian-inspired handbag and luxurygoods … [Read more...]

Johnson Out, Ullman In, But Questions About JCPenney Remain

Myron "Mike" Ullman returns as JCPenney CEO

Plano, TX—For most followers of retail, especially analysts, it was only a matter of time before Ron Johnson, the Apple retail wiz … [Read more...]

Prada’s Full Year Profit Jumps; Plans New Focus on U.S., South America, Mideast

Prada

Milan—Prada SpA reported Friday that its full year profit jumped 45% thanks to its sales strength in Asia. However, Patrizio … [Read more...]