Stockholm—Citing the impact of increased raw materials costs, especially on cotton, H&M reported today that its fourth … [Read more...]
Reports
Accessories magazine’s Annual Census Report; industry statistics; retail earnings
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...]
January 27, 2011 -
U.S. Demand Bolsters Luxottica’s Outlook
Milan—Reporting a strong surge in demand from both the United States and Asia, Luxottica, the world’s biggest premium eyewear … [Read more...]
January 26, 2011 -
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...]
January 25, 2011 -
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 … [Read more...]
January 25, 2011 -
JCPenney Adds Ackman to Board, Exits Catalog Business
Plano, TX—While announcing plans to close under-performing stores and exit its catalog business, JCPenney said today it would be … [Read more...]
January 24, 2011 -
Mulberry Raises Full Year Forecast Again
Somerset, England—In a week that has seen companies such as Burberry, Richemont and Swatch Group report a rebound in their … [Read more...]
January 21, 2011 -
Henri Bendel Makes Changes to Grow Accessories
Columbus–Ed Bucciarelli is concentrating on his main love: accessories. Limited Brands, the parent company of Henri Bendel, … [Read more...]
January 21, 2011 -
J. Crew Extends Buy out Period to Appease Shareholders
New York—Although apparently no other suitors have come forward to buy the retailer, J. Crew Group agreed to extend its … [Read more...]
January 19, 2011 -
Sungless Hut Releases New Artist Series with Ray Ban
New York—We all know that artists see the world differently; now consumers can see things through their eyes (or at least one … [Read more...]
January 18, 2011 -
Burberry Q3 Sales Jump 27%, Raises Full Year Forecast
London--Burberry Group has posted a 27% increase in third quarter sales, and predicted today its full-year profit would be ahead … [Read more...]
January 18, 2011 -
Fake Louis Vuitton Pedicab Takes Counterfeiting to the Streets
San Diego—Things that make you go hmmm: a pedicab in San Diego upholstered with Louis Vuitton knockoff print. Forget LV … [Read more...]
January 17, 2011 -
