Industry News

The latest updates from the accessories world

Limited Brands Q4 Profit, Sales Show Improvement

Tote-ally fab! The VS Getaway Bag

Columbus, OH—Limited Brands, owner of Victoria’s Secret and Henri Bendel, reported Wednesday that consumers, who had cut back on … [Read more...]

JCPenney’s Q4 Results: The “Worst in Retail History?”

700 Joe Fresh shops are being rolled out in JCPenney stores this spring.

Plano, TX—The quarterly report due after market close on Wednesday was expected to be bad, but it was even worse than … [Read more...]

Sears Holdings Q4 Loss Narrows, But “Much Work to Be Done”

Sears

Hoffman Estates, IL—Sears Holdings Corp. reported today a narrowed fourth quarter loss, helped by lower expenses and sales … [Read more...]

H&M Presents 1st Runway Show–at Paris Fashion Week!

H and M

Paris--Talk about high/low fashion!H&M--the kings of trendy, affordable fashion--presented its Fall 2013 collection during … [Read more...]

Holiday Markdowns Sting Kohl’s Q4 Results, Outlook Disappoints

Kohl's Spring Break promotion: the department store expects

Menomonee Falls, WI—Stung by higher markdowns during the holiday season, Kohl’s Corp. reported Wednesday a lower fourth quarter … [Read more...]

Target Q4 Profit Narrows 2% in “Highly Promotional” Environment

Apparel and accessories from Prabal Gurung for Target, available now in stores and online.

Minneapolis—Target Corp. today reported a 2% decline in its fourth quarter profit but projected 2013 profit increases ahead of … [Read more...]

Fashion’s Night Out Is Out

Fashion's Night Out

New York—Fashion’s Night Out, that September evening event aimed at luring consumers into retailers with special events and … [Read more...]

Coach: The Latest Luxury Takeover Target?

Coach's new City Totesin bright Saffiano leather from Italy.

New York—Could Coach be a takeover target for a luxurygoods conglomerate, such as LVMH, or a hedge fund?That’s the rumor that … [Read more...]

Expenses, Markdowns Flattened Neiman Marcus Q2 Profit

ZAC by Zac Posen Eartha Tote at Cusp by Neiman Marcus (www.cusp.com)

Dallas—Burdened with a one-time interest expense during its holiday quarter, Neiman Marcus Inc., owners of Neiman Marcus and … [Read more...]

TJX Q4 Profit, Sales Up But Disappoints Analysts

TJX Companies

Framingham, MA—Despite reporting another quarter of comparable store sales gains, TJX Companies today gave a fourth quarter profit … [Read more...]

Macy’s Inc. Q4 Profit, Sales Top Estimates

Macy's lets the cat out of the box: the department store now ships to more than 100 countries worldwide thanks to a partnership with FiftyOne Global Ecommerce.

New York—While Macy’s Inc. may have reported a 2% decline today in its fourth quarter profit, the department store giant posted … [Read more...]

Saks Inc. Posts Q4 Profit Decline, But Still Beats Forecasts

Saks Fifth Avenue

New York—Despite sales at some of its Saks Fifth Avenue and Off Fifth stores being negatively affected by Superstorm Sandy, Saks … [Read more...]