Industry News

The latest updates from the accessories world

“Bargainistas” Push Family Dollar into Q4 Profit Rise

Family Dollar has also stepped up its apparel and accessories offerings as more middle income shoppers visit its neighborhood stores

Matthews, NC—The rise of “bargainistas" returning to its stores helped Family Dollar Stores post today an 8% increase in its … [Read more...]

“Ruby Slippers” Set to Fetch $3 Million at Auction

Famous Footwear: the ruby slippers Dorothy (Judy Garland) wore in the "Wizard of Oz" Photo: Profiles in History

Los Angeles—With the clicking of her heels at the end of her adventures in the merry old land of Oz, Dorothy Gale returned home to … [Read more...]

Liberty London To Sell TOKYObay Exclusively in UK

TOKYObay's Havana watch

San Francisco—You can go home again—at least your designs can. Just ask Dory Isaacs, the British born designer behind … [Read more...]

Gucci Museum Opens Wednesday in Florence

The new Gucci Museum in Florence

Florence—Not that anyone needs an excuse to jet off to Italy, but celebrating the House of Gucci’s 90th birthday at a brand new … [Read more...]

Tumi Travels into Eyewear with REM

Tumi Minami sunglasses by REM Eyewear

Sun Valley, CA—Tumi will be traveling down a new route come 2012. The luggage and travel accessories brand announced this week a … [Read more...]

Kentucky, the “Blue Box” State?

Tiffany blue box

Lexington,KY—Kentucky may called the “Bluegrass” State, but state officials were hailing the “blue box” on Monday as Tiffany & … [Read more...]

Target Confirms 125-135 Store Expansion in Canada

Target Canada

Minneapolis--Target confirmed Friday that it completed its lease deal with Zellers Inc., the Canadian retailer, and plans to open … [Read more...]

Vera Bradley Plans $22.5 Million Distribution Center Expansion

Vera Bradley Fall 2011

Fort Wayne, IN—Thanks to increased demand for its printed fabric handbags, leathergoods and other accessories, Vera Bradley Inc. … [Read more...]

LVMH Set to Take 98% Control of Bulgari

LVMH to Acquire Bulgari

Paris—As of Wednesday, September 28, LVMH will complete its 3.7 billion euro (about $5 billion) purchase of Italian jeweler … [Read more...]

Nike Q1 Profit, Sales Jump to Another Record

Nike's  “Make Yourself” Campaign Fall 2011

Beaverton,OR—Despite concerns about a weakening economy here and abroad, Nike Inc. raised its full year sales forecast last week … [Read more...]

The Finish Line Races to 25.8% Leap in Q2 Profit

The Finish Line

Indianapolis—The Finish Line reported Thursday that its second quarter income jumped 25.8% helped by sales gains and improved … [Read more...]

Retail CFO Survey: “Moderately Optimistic” on Second Half Sales

2011 BDO Retail Compass Survey of CFOs

Chicago—At last! Some relatively good news about retail sales and from none other than 100 chief financial officers from the … [Read more...]