Industry News

The latest updates from the accessories world

February Comp Sales Surprise as Consumer Confidence Rises

Retail Sales

New York—Surprisingly strong comparable store sales results in February are being chalked up to a warmer, drier month that spurred … [Read more...]

Wholesale Gains Push Kenneth Cole into Q4 Profit

Kenneth Cole Handbags

New York—Thanks to a 47% jump in its wholesale revenue, Kenneth Cole Productions Inc. swung to a fourth-quarter profit … [Read more...]

Neiman Marcus Tests Personal Shopping Assistant App

The NM Service app is available for download through iTunes

Dallas–Neiman Marcus has a reputation for top notch customer service in its stores.Now the specialty retailer is testing a new … [Read more...]

New York & Co. Launches New York-Inspired Footwear

NEW YORK & COMPANY 58 AND LEX

New York—There are some leading fashion retailer associated with Lexington Avenue and 58th Street (Bloomindale’s, Levi’s, Zara, … [Read more...]

New Trade Enforcement Agency to Target China?

Trade with China

Washington—Following up his comments during his State of the Union address to Congress in January, President Obama signed Tuesday … [Read more...]

Costco Q4 Profit Up, but Margins Squeezed

Costco storefront and logo

Issaquah, WA—Costco Wholesale Corp. reported today that its second quarter profit leaped 13% helped by sales from consumers who … [Read more...]

Gap Inc. to Expand in Latin America

Gap's first store in Chile. The first Banana Republic as well as two more Gap stores are planned to open this year in the South American country.

San Francisco—With its eye on expanding globally to offset its weaken domestic business, Gap Inc. today announced that it opened … [Read more...]

Collective Brands Q4 Loss Less Than Expected, Sales Up

A color block styles from Payless ShoeSource, a division of Collective Brands

Topeka, KA—Collective Brands Inc. Tuesday reported a wider fourth quarter loss but one less expected thanks to sales of its lower … [Read more...]

Online Sales to Comprise 9% of All Retail by 2016

Online Shopping

New York—With Cyber Mondays hitting all time sales records over the last two years, it should come as no surprise that online … [Read more...]

A Warm February: A Boost to Spring Merchandise Sales?

beachthumb

Berwyn, PA—If this winter seems abnormally warm, this month is going down as the driest in 10 years with much below normal … [Read more...]

Bloomies Bows New Rewards Program for Loyal Shoppers

nav-logo

New York—Bloomingdale’s launched this week an unusual loyalty program that takes some of its best cues from tactics used by major … [Read more...]

Made in Uganda Footwear, Accessories Brand to Launch at Target

Sandals by Buyamba Soles are hand decorated by Ugandan women

Los Angeles—Target has done some collaborations with big name designer brands such as Jason Wu, Missoni and Mulberry, but the mass … [Read more...]