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

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...]

Arnault: LVMH a “Pacifist” Shareholder in Hermes

LVMH and Hermes

Paris—Bernard Arnault, chairman of LVMH, struck a conciliatory tone late last week about his company’s stake in Hermès, which has … [Read more...]

Janurary Retail Sales Show Surprising Increase

January Retail Sales

New York—While the post-Christmas blizzard may have hampered December results, January’s ice, snow and sleet didn’t seem to keep … [Read more...]

Gap Names Art Peck New President

Art Peck, president of the Gap

San Francisco--Gap Inc named Art Peck as president of Gap North America replacing Marka Hansen, and the retailer said it would … [Read more...]

Valentine’s Spending Projected Up 10% this Year

Be My Valentine

New York--"Love may still conquer all. It's just that this year it's being facilitated with a slightly increased budget.”This … [Read more...]

Shareholder Settlement Over J.Crew Buyout Falls Apart

J. Crew

New York—A recent $10 million settlement deal with shareholders who had sued J. Crew over its $3 billion buyout offer has … [Read more...]

Rising Costs Cut Into H&M


Stockholm—Citing the impact of increased raw materials costs, especially on cotton, H&M reported today that its fourth quarter … [Read more...]

Prada Confirms Going Public in Hong Kong


Milan—Ending months of delays and denials, Prada said in a statement today that its board voted to start the process of a public … [Read more...]

U.S. Demand Bolsters Luxottica’s Outlook

Police by MARR International

Milan—Reporting a strong surge in demand from both the United States and Asia, Luxottica, the world’s biggest premium eyewear … [Read more...]

New Executives: QVC, Coldwater Creek, Bon Ton


QVC and Coldwater Creek both announced new chief executive officers among other positions. H. Stern added a new national sales … [Read more...]

Coach Q2 Beats Estimates, Profits Up 26%


New York—Similarly to recent earnings reports from European luxurygoods companies, Coach Inc. said today its second-quarter profit … [Read more...]

JCPenney Adds Ackman to Board, Exits Catalog Business

Bill Ackman

Plano, TX—While announcing plans to close under-performing stores and exit its catalog business, JCPenney said today it would be … [Read more...]