Industry News

The latest updates from the accessories world

Fast Retailing Q1 Profit Up on Expanded International Sales


Tokyo—Fast Retailing Co. today boasted an 8.8% increase in its first quarter profit as sales continued to mount in its … [Read more...]

NRF to Award 20 Retail Workers Full-Tuition Scholarships


Washington—Pleased with the successful of their first Dream BIG Scholarship Program last year, the National Retail Federation … [Read more...]

ShopperTrak: Holiday Sales Rose 2.7%, Ahead of Estimate

Holiday Sales

Chicago—Despite the shortened holiday season and extreme weather in many areas of the country in the weeks leading up to … [Read more...]

JCPenney “Pleased” with December Sales, Wall Street? Not So Much


Plano, TX—JCPenney reported today that it was “pleased” with its holiday sales performance. However, Wall Street responded to the … [Read more...]

Loehmann’s Going-Out-Of-Business Sale Begins Thursday


New York—After nearly 93 years, Loehmann's, the upscale off-price specialty retailer that originated the concept, is going out of … [Read more...]

Forever 21 Faces Fines Over Alleged Health, Safety Violations

Forever 21 Times Square

Los Angeles—Forever 21 is facing fines of nearly $250,000 for exposing its staff to a number of alleged health and safety … [Read more...]

Kering to Invest $20 Million in New Tannery

High-end Leathergoods: Le Dix Cartable M bag named for Balenciaga's 10 Avenue George V flagship boutique in Paris.

Paris—Kering, the luxurygoods conglomerate and owner of Gucci, Yves Saint Laurent, Balenciaga, and Bottega Veneta among others, is … [Read more...]

Holiday Online Report: Shopper Loyalty Wanes

L.L.Bean (along with Amazon) set the bar for customer experience excellence.

Ann Arbor, MI—The big chill that hit all states today (except Hawaii) is sure to help online sales as consumers stay warm … [Read more...]

Consumer Awareness of Wearable Tech Devices Rises

Google Glass on the runway. Consumer interest in wearable tech is on the rise, NPD reports

Las Vegas—Reports out of the Consumer Electronics Show (CES) have a commanding presence in news feeds this week. That notoriety … [Read more...]

Ex-Fossil Crew Introduces Smart Watch Line

Meta Watch

Las Vegas—An increasingly crowded field of so-called “smart watches” now includes a brand created by a spin off of Fossil Group in … [Read more...]

The Brilliance of Cartier to Be Displayed in Exhibit

Necklace worn by Countess of Granard. Cartier London, special order, 1932. Platinum, diamonds, emerald. Height at center 8.80 cm. Sold to Lady Granard. Cartier Collection. Photo: Nick Welsh, Cartier Collection

Denver—Britain’s King Edward VII once referred to Cartier as "the jeweller of kings and the king of jewellers."A glimpse of … [Read more...]

DVS Footwear to Expand in Accessories with Aquarius

Popular Jarvis style from DVS Shoes

New York—Sequential Brands Group is stepping up its accessories offerings. In a deal announced Monday Sequential along with DVS … [Read more...]