Inaugural Versace Watch Talent Contest Winner Named

Franca Sozzani, left, Conde Nast Italy; Adrien Nebel, student winner; and, Donatella Versace, right.

Milan—Never let it be said that Donatella Versace doesn’t think about the future. Why seeing her latest collections verify her … [Read more...]

Boasting Better Sales, Christopher & Banks Swings into Q1 Profit

Summer styles at Christopher & Banks

Plymouth, MN—Saying that its turnaround strategy seems to be working and customers are responding well, Christopher & Banks … [Read more...]

May Retail Comp Sales Better Than Expected

Warmer weather brought consumers out to shop in stores like Buckle in May.

New York—While many retailers have been reporting recently that their first quarter sales were stifled by unseasonable cold, their … [Read more...]

Cooler Weather Chills Ann Inc. Q1 Profit by 27%

Actress Kate Hudson modeling summerwear from her capsule collection with Ann Taylor

New York—Ann Inc. today blamed unseasonably cold weather that hurt sales—especially at its LOFT stores—for the promotions that … [Read more...]

Vera Bradley Q1 Profit Down 27%; CEO to Retire

Summer at Vera Bradley

Fort Wayne, IN—Vera Bradley Inc. reported Wednesday that its first quarter profit fell 27% squeezed by increased costs and lower … [Read more...]

Belk Q1 Profit Falls 30% Due to Costs, Sales Rise

BELK, INC. LOGO

Charlotte, NC—Belk Inc. reported Monday that its first quarter fell 30% due to lower margins caused from increased promotions as … [Read more...]

Study: Ultra-Wealthy Spend More on Experiences, Less on Accessories?

Wealthy Shoppers

New York—Although a new survey of ultra-wealthy U.S. consumers by the Luxury Institute found pentamillionaires plan to spend more … [Read more...]

Neiman Marcus Q3 Profit Up 13%

Neiman Marcus

Dallas—Amid various rumors that Neiman Marcus Group might launch an IPO or even be part of a merger with rival Saks Inc., the … [Read more...]

G-III Swings into Q1 Profit on Strong Sales, Better Margins

Calvin Klein

New York—Shares of G-III Apparel, producer of licensed apparel and accessories for brands such as Calvin Klein, Tommy Hilfiger and … [Read more...]

LVMH to Face $13 Million Fine Over Stake in Hermès?

LVMH and Hermes

Paris—Luxurygood giant LVMH could have to pay a fine up to 10 million euros (about $13 million) from France's financial markets … [Read more...]

Genesco Q1 Profit Hit by Charges, Low Comp Sales

Lids

Nashville, TN—Hit by charges and lower comparable store sales at its Lids Sports Group and Schuh stores, Genesco, Inc. today a … [Read more...]

Despite Profit Fall, Express Beats Q1 Expectations

Express

Columbus, OH—Express Inc.'s first quarter earnings fell 23% as the youth-oriented fashion retailer posted flat comparable store … [Read more...]