Accessories magazine’s Annual Census Report; industry statistics; retail earnings

TJX Q4 Profit Down Despite Sales Increase

TJ Maxx

Framingham, MA--TJX Cos. Inc. reported today that its fourth quarter profit fell 15% due to costs associated with closing its A.J. … [Read more...]

Walmart Q4 Profit Up 27% But U.S. Division ‘Disappoints’


Bentonville, AR—While Walmart posted today a 27% increase in profit for the fourth quarter largely due to its international sales … [Read more...]

Macy’s Q4 Profit Jumps 50%


New York--Macy's Inc.'s fourth-quarter profit grew 50%, topping the company's own estimates, helped by improved sales and lower … [Read more...]

Target to Launch Calypso St. Barths Collaboration

An item from the Calypso St. Barths line. Expect the Target collaboration to have the same easy-breezy vibe.

Minneapolis--Can’t afford that St. Barths Caribbean beach vacation? No worries. Target has announced a collaboration with the line … [Read more...]

Nordstrom to Buy Flash Sale Site Haute Look

Haute Look logo

Seattle—Hey, if you can’t beat ’em, join ’em. Or buy ’em.As online flash-sales continue to eat away at traditional e-tailing … [Read more...]

PPR Shuffles CEOs as Full Year Income Rises 24%

Francois-Henri Pinault, chairman and chief executive of PPR, will assume control of the Gucci Group luxurygoods division next month.

Paris--PPR SA, the luxurygoods group that owns Gucci, Yves Saint Laurent, and Bottega Veneta brands among others, moved … [Read more...]

Abercrombie & Fitch Q4 Profit Nearly Doubles

Abercrombie & Fitch

New Albany, OH--Abercrombie & Fitch Co., which struggled and lost share during the height of the recession, reported today … [Read more...]

U.S. Commerce Dept January Sales Edge Up

January Sales Edge Up

Washington—Retail sales edged up in January, marking the seventh straight month of increases, but falling below what economists … [Read more...]

NPD Group: 2010 Apparel Sales Up 2%

NPD Group

Port Washington, NY—Sales of apparel in the United States improved in 2010, rising almost 2%, but still lagging behind other … [Read more...]

On Eve of IPO, Prada Posts 31% Gain in 2010


Milan—As Prada prepares to go public in the Hong Kong market, the luxury brand reported today that its 2010 sales jumped 31% to … [Read more...]

Polo Ralph Lauren Q3 Income Soars 52%

Ralph Lauren 2011 Spring-Summer Ad Campaign

New York--Polo Ralph Lauren raised its full-year profit outlook Wednesday after third-quarter profit rose by more than half, … [Read more...]

NPD Group: 2010 Footwear Sales Up 7.2%


Port Washington, NY–One of the retail categories getting a kick up thanks to consumers’ frugal fatigue is footwear. According to … [Read more...]