New York—As we enter the final stretch of the holiday season, retailers may be keeping track of how many shoppers enter their stores or websites, but they also have an eye out for 2014 and beyond.
Barneys New York is looking forward to 2017, the year it expects to open a new flagship right in the same location in New York’s Chelsea neighborhood that once housed its flagship before a move uptown. Meanwhile, Loehmann’s, which has a store in that location, is looking to liquidate, as part of its Chapter 11 filing this week. And no doubt Target to looking forward to distancing itself from the upsetting revelation this week that its credit/debt card transactions—some 40 million worth—were hacked, possibly leaving millions of customers vulnerable to identity theft.
Countdown to Christmas
Sycamore Partners, the private equity fund, is looking forward to completing its $1.2 billion purchase of Jones Group, owner of Nine West and a bevy of bestselling brands.
Here at Accessories, we’re looking forward to the first ICE Crystal Jewelry Awards. Created in partnership with FIT and sponsored by Preciosa, the ICE Awards will give 10 FIT Accessories Design students a shot at the big leagues by bringing them together with professional jewelry manufacturers during the process.
If you’re not too busy searching on your smartphones for last minute gifts, be sure to check out these top 10 online news articles from the week: