You know that we are living in a material world, right? Just in case you forgot, Madonna’s bringing back her signature ‘80s … [Read more...]
Industry News
The latest updates from the accessories world
Commerce Dept Reports Consumer Spending Increased in May
Washington—Consumer spending—a key growth engine for the U.S. economy--edged up in May after being flat in April but still … [Read more...]
June 28, 2010
Fendi Receives $2.5 Million Settlement with Filene’s
New York--Fendi has reached a $2.5 million settlement last week that resolved its 2006 lawsuit claiming that Filene’s Basement … [Read more...]
June 28, 2010
Forever 21 Opens Giant Flagship in Times Square
New York—Forever 21’s mammoth four-story, nearly 100,000-square foot flagship opened today in Time Square, making it the … [Read more...]
June 25, 2010
American Apparel Buoyed by Investment
New York--Shares in Los Angeles-based American Apparel have risen after news of an amended credit agreement and that business … [Read more...]
June 25, 2010
Business Leaders Welcome Anti-Piracy Strategy
Washington--Retail associations and other business leaders have welcomed the U.S. government’s first-ever strategy announced … [Read more...]
June 24, 2010
Gap to Make First Move into China with 4 Stores
San Francisco--Gap Inc. has revealed details Wednesday of its long-awaited entry into China with plans to open four Gap brand … [Read more...]
June 24, 2010
H&M Posts 30% Mid-Year Profit Growth
Stockholm--H&M has boosted sales and profit during the first half of the year, and announced plans to move into three new … [Read more...]
June 24, 2010
New Markets Aid Nike’s Full-Year Profit Rise
Beaverton, OR--Revenue surges from emerging markets helped Nike to post today a full-year net profit of $1.9 billion, up 28% on … [Read more...]
June 24, 2010
Report: Mass Market to Lose Out as Buying Patterns Shift
Polarization within the fashion retail market will lead to a decline of the mass market sector by 2016, a new report by just-style … [Read more...]
June 23, 2010
Swarovski Expands Licensed Boutique Model at Airports, Casinos
New York—Airports and casinos are about to get a bit more sparkly. Swarovski fashion jewelry company is aggressively expanding … [Read more...]
June 22, 2010
U.S. Retailers Eye Expansion in Emerging Markets
As more U.S. retailers look to expand globally, there’s a new focus on smaller emerging markets in South America and the Middle … [Read more...]
June 22, 2010
