Retailing


Nordstrom Opens First Rack Store in NYC

Nordstrom Rack on Union Square

New York—While Nordstrom Inc. continues to look for a suitable Manhattan flagship  location, its Nordstrom Rack division opens … [Read more...]

Luxury Study: Fewer but More Affluent Consumers

Luxury Shoppers

Stevens, PA—In its annual report on the state of the luxury market released today, Unity Marketing found that the actual number of … [Read more...]

Harrods Sold to Qatar Investment Group for $2.25 Billion

Harrod's

London--Legendary department store Harrods was sold over the weekend to investment group Qatar Holding for a reported $2.25 … [Read more...]

May Holidays to Affect Month’s Sales Totals?

Mother's Day

Columbus, OH--Retailers and market analysts will be keeping a close eye on Mother’s Day and Memorial Day holidays as reassurance … [Read more...]

Hermes Posts 1st Quarter Sales Boost

Hermes Birkin

Paris--Hermès International posted first quarter sales Thursday that were the largest of any luxurygoods quarterly reports so far. … [Read more...]

Bebe 3rd Quarter Loss Widens

Bebe storefront

Brisbane, CA--Bebe Stores has reported a wider third quarter net loss amid declining sales.Net sales for the third quarter … [Read more...]

Nike Targets $27 Billion by 2015

Nike Swoosh

New York--Athletic footwear and activewear brand Nike is targeting revenues of $27 billion by the end of fiscal 2015, led by … [Read more...]

April Retail Sales Muted but Still Respectable

Shopping

As April retail sales results began spilling in today, many reported weaker-than-expected performances on same-store sales, often … [Read more...]

Luxury Marketers May Face Leaner Second Quarter

Cartier store, Fifth Avenue, New York

Stevens, PA--Unity Marketing's Luxury Consumption Index (LCI) fells 9.3 points in April as affluent consumers focus on saving, … [Read more...]

Bluefly Cuts First Quarter Losses

Bluefly Bag

New York--Online off-price retailer Bluefly reported Tuesday that sales have been boosted by a revival in the luxury market, … [Read more...]

Service Helps Online Retailers Battle ‘Friendly Fraud’

BadCustomer.com keeps score... and helps warn retailers

Santa Monica, CA–The recession may have stifled consumers’ purchases, but retailers are reporting a spike in “friendly … [Read more...]

Design Lab Draws Attention at AccessoriesTheShow

Crowds at the AccessoriesTheShow Design Lab section

New York--AccessoriesTheShow officials report a robust May market with a current 4% increase in two day attendance in comparison … [Read more...]