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Echo Design + Fashion Delivers Partner for “Share the Warmth”

In Industry News, What's New by Accessories StaffLeave a Comment

New York—As we enter the season of holiday shopping, many fashion companies remind us it is also the season of giving. To that end, Echo Design launched today it’s “Share the Warmth” campaign—a promotion that benefits Fashion Delivers,  a national non-profit organization dedicated to providing apparel and other products donated …

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ShopperTrak: Late Season Shoppers Help Holiday ’12 Rally

In Industry Experts, Industry News, What's New by Jeff PrineLeave a Comment

Industry Experts

Chicago—Procrastinating shoppers—many of whom waited until the weekend before Christmas to finish their shopping—helped push total November/December holiday sales up 2.5%. According to results released today by ShopperTrak, the largest service that tracks retail foot traffic, total sales reached $248.8 billion during the two-month period (U.S. Commerce Department results are …

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Good Tidings: December Comp Sales Better Than Expected

In Industry News, Reports, What's New by Accessories StaffLeave a Comment

New York—Despite unpredictable weather and politics in Washington, retailers managed to beat what had been lowered expectations for December comparable store sales. Of the 17 or so major retailers reporting today (excluding drugstores), total December comparable store sales rose 4.5%, topping analysts’ estimates for a 3.3% increase. Even better, the …

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Commerce Dept: November Sales Rise 0.3% Just Missing Expectations

In Industry News, What's New by Accessories StaffLeave a Comment

Washington—Superstorm Sandy, which hit the Mid-Atlantic and Northeast in late October  causing extension damage, hurt and helped November retail sales, according to the U.S. Department of Commerce’s monthly retail sales report released today. While noting that it was unable to quantify the effects of Sandy, the Commerce Department said total …