Industry News

The latest updates from the accessories world

With Holiday Looming, Walmart Cuts its Full Year Sales Outlook

Walmart

Bentonville, AR—Walmart cut its full year revenue outlook on Wednesday as it announced a plan to beef up expansion plans for its … [Read more...]

Survey: Gift Givers Plan to Splurge on Friends, Family for Holiday

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Washington—American consumers are likely to throw their cautiousness to the wind this holiday season, upping the amount they plan … [Read more...]

Sears Holdings Begins Rights Offering

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Hoffman Estates, IL—Sears Holdings said in a filing on Wednesday that it plans to raise $380 million by selling off the majority … [Read more...]

Gilt by Association: Gilt Inc. Sues Gilt Groupe

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Portland, OR--Flash sale site Gilt Groupe is being sued by a Portland, Ore. jewelry store called Gilt for trademark infringement. … [Read more...]

Vegan Cuts Debuts New Vegan Fashion Guide

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Ottawa, ON—There’s fashion for juniors, for seniors, for models, for plus sizes. Now there’s a vegan fashion guide.Produced by … [Read more...]

Report: September Sales Sluggish as Consumers Remain Cautious

February Retail Sales Up 1%

Washington—Concerns about the economy here and trouble abroad may have contributed to a decline in September retail sales, … [Read more...]

Spring 2015 Runway Wrap: Key Accessories from NY, London, Milan, Paris

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What were the key accessories on the NY, London, Milan & Paris Spring 2015 runways?Accessories Directions Trend … [Read more...]

NPD: More Holiday Shoppers Waiting for Thanksgiving Weekend Deals

Black Friday scramble for deals

Port Washington, NY–It may be more than a month off, but Black Friday, Cyber Monday, even “Grey Thursday” or Thanksgiving, top … [Read more...]

Store Savvy: Chanel Builds Fashion Boxing Gym at Bergdorfs

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New York--Bet your gym isn't this chic.Chanel has riffed off its Fall/Winter 2014 "Coco Coach" ad campaign by recreating the … [Read more...]

Ann Inc. Enters into a Non-Disclosure Agreement with Golden Gate Capital

Fall Looks from Ann Taylor

New York—Shares of Ann Inc. have been on the rise since Tuesday when the women’s specialty retailer revealed it had entered into a … [Read more...]

Tory Burch’s Latest Endeavor: Book Author

Tory Burch in Color

New York—Tory Burch has been revving up her business for some time. Between the new categories (such as watches) and the hiring of … [Read more...]

LVMH Sales Up Despite Weakness in Asia

What happens when Christian Louboutin designs for Louis Vuitton's Monogram Collection: a Shopping Trolley. Retail: $23,000

Paris—LVMH, “the world's biggest luxury group,” reported today that sales were up in its third quarter as business picked up in … [Read more...]