Industry News

The latest updates from the accessories world

Burberry Gains 14% Profit as Asia Sales Prosper

British musician Sophie-Rose Harper in the latest Burberry Spark Sunglasses campaign

London—In what was viewed as a dramatic turnaround in the luxury market, Burberry Group PLC today reported a pretax profit ahead … [Read more...]

Saks Inc. Beats Earnings Estimates Despite 38% Profit Decline

Saks Fifth Avenue flagship

New York—Saks Inc. today reported that its first quarter profit sank 38% from last year, but its adjusted figures actually beat … [Read more...]

Style Guru to Launch Lingerie-Inspired Handbag Collection

JENE

New York--Fun, fearless fashionistas can now take the lingerie out of the bedroom and onto the streets.Bestselling author of … [Read more...]

Urban Outfitters Q1 Profit Jumps Despite Sales Miss

Image from Urban Outfitters' Bazaar Pop-Up shoot

Philadelphia—Urban Outfitters Inc. Monday reported a 39% increase in profit in its first quarter, helped mainly by higher sales … [Read more...]

Regulatory Environment Poses a Top Threat to Retail Industry, Report Says

tax

Chicago--Retailers are feeling pressure from a heightened regulatory climate. That’s the findings from a new BDO USA, LLP analysis … [Read more...]

Rodale Adds Shopping to Its Healthy, Eco-Friendly Business

Rodale's

New York—Long known for being a leader in the American organic movement as well as a supporter of healthy living through its … [Read more...]

Report: Handbags a Hazard to Your Health?

Women's Handbags

Surrey, England—Sorry ladies, but here’s some news that really stinks. That to-die-for handbag that cost you a pretty penny … [Read more...]

JCPenney Q1 Loss More Than Doubles

JCPenney recently hailed the return of its private label brand, St. John's Bay, which Ron Johnson had eliminated.

Plano, TX—"We recognize the magnitude of the challenges that we face, and we believe we can put JCPenney back on a pathway to … [Read more...]

Stage Stores Swing into Wider Q1 Loss on Costs, Slowed Sales

Stage Stores

Houston—Blaming cooler weather that hindered consumers from shopping for spring merchandise in March and April, Stage Stores Inc. … [Read more...]

Carolee Marks 20-Year Partnership with The Breast Cancer Research Foundation

Carolee introduces "The Evelyn" necklace in honor of Evelyn Lauder's life and legacy.

New York—Fashion jewelry resource Carolee recently marked 20 years of partnership with The Breast Cancer Research Foundation … [Read more...]

Week in Review: Top Fashion Reads from the Web

CK Calvin Klein Summer 2013 watch ad. A new campaign for Calvin Klein platinum label will replace starting this fall.

New York--Retail earnings season is definitely off to a mixed result. The U.S. Commerce Department reported better-than-expected … [Read more...]

Walmart Reports “Difficult” Q1 with Disappointing Earnings

Walmart

Bentonville, AR—"Frankly, we had a more difficult quarter than expected," Mike Duke, Walmart’s chief executive, told analysts … [Read more...]