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Trend Finder: Color Trend: Jewel Tones

In Trend Finder, What's New by Accessories StaffLeave a Comment

Called the Primary Colors of Fine jewelry, Jewel Tones like emerald, sapphire and ruby, not to mention amethyst for good measure, add an upscale elegance to fashion’s palette. Where to Find Jewel Tones (Sponsored): Effy Jewelry Sterling silver peridot bracelet Style Name: Balissima SRP: $195 inquiries@effyjewelry.com www.effyJewelry.com Adrienne Landau Fox clip scarf …

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Walmart Cuts Full Year Profit Forecast as Shoppers Cut Back

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

Bentonville, AR—Confirming a concern that middle income consumers have been reluctant to spend on discretionary purchases, Walmart today reported a modest profit and sales gain and lowered its full year forecast. Said CFO Charles Holley: “The retail environment remains challenging in the U.S. and our international markets, as customers are …

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H&M’s July Comp Sales Stumble

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

Stockholm—U.S.-based retailers aren’t the only ones reporting softening sales. H&M, the world’s second largest fashion retailer, today reported its July comparable store sales measure fell, the first monthly drop since March. Comparable store sales were down 1% in July from July 2012 compared with analysts’ average estimate for a 1% …

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Macy’s Inc. Lowers Full Year Outlook on Disappointing Q2 Results

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

New York—Macy’s Inc. today reported “disappointing” second quarter earnings with weaker-than-expected profits. The department store also lowered its full year outlook due to the prospect of softer sales, a move that pushed its shares down in trading. For the quarter ended August 3, the parent to Macy’s and Bloomingdale’s stores …