Industry News

The latest updates from the accessories world

Richemont First Half Profit Falls on Slower Asia Demand

Collection Panthère, one of Richemont's Cartier brand bestsellers

Geneva—Citing weakened demand in China and Hong Kong for luxurygoods, Richemont today reported its first half profit fell 23% to … [Read more...]

Navajo Jewelry Exhibit Arrives During National Native American Heritage Month

Glittering World jewelry exhibition

New York--November is National Native American Heritage Month so it's the perfect time to visit the Smithsonian's National Museum … [Read more...]

NRF Asks Obama to Intervene in West Coast Port Talks

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Washington--A coalition led by the National Retail Federation (NRF) is asking President Obama to get involved in the contract … [Read more...]

Week in Review: Top 10 Online News Stories

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New York—With major retailers’ third quarter earnings due out next week, there’s apprehensive in the air. So far, even the stellar … [Read more...]

October Retail Comps Lackluster Due to “Uninspiring Fashion”?

Only a handful of major retailers still release monthly sales results

New York—Few retailers have been reporting their monthly sales figures but still there’s some interim value in them. Hence, of the … [Read more...]

Hermès Q3 Sales Rise Despite Faltering Asian Sales

hermesad

Paris—Hermès International SA said today that its third quarter sales grew 10.6% despite slower demand in Greater China. Sales … [Read more...]

Kate Spade Q3 Sales Soar 30%, Comps Up

KateS

New York—Kate Spade & Company reported today better-than expected third quarter sales, raising the brand’s forecast for the … [Read more...]

Broad Merchant Coalition Urges Passage of Comprehensive Breach Notification Legislation

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Washington—The next Congress, one dominated by the Republican Party in both houses, already has some items on their agenda—at the … [Read more...]

U.S. Postal Service Will Deliver 7 Days a Week for Holidays

usps copy

Washington--The U.S. Postal Service (USPS) says it will add Sunday delivery for the holiday season this year in major cities and … [Read more...]

The List: 2014 Top 100 Accessories Brands and Players

featured image Top 100

...plus 2015 Spring Product & Inspiration Trends … [Read more...]

Target to Close 13 Stores

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Minneapolis—Target has seen its share of woes recently. Now comes word that the mass merchant plans to close 13 locations across … [Read more...]

Retailers, Restaurants Open in New DC Mixed-Use Center

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Washington—If you’re a fan of “House of Cards” you know that Washington is full of intrigue—and style. As one of the most affluent … [Read more...]