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Lululemon Q3 Profit, Sales Jump, But Predicts Q4 Sales Slowdown

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

Vancouver—Lululemon Athletica Inc. today reported a better-than-expected 47% jump in its third quarter profits, but despite impressive gains, the company forecast slower sales for fourth quarter. For the quarter ended Oct. 28, the yoga-wear and accessories specialty store posted net income of $57.3 million, or 39 cents a share, compared …

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Free Shipping, Other Perks Lure More Cyber Monday Shoppers

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

Washington–They’ve been lining up for Black Friday deals since midnight—actually even before in many cases this year—but holiday shoppers actually have been lining up online ahead of those lines outside retailer’s doors. According to Shop.org’s eHoliday survey conducted by BIGinsight, 97.3% of online retailers are offering special promotions at some …

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Walmart Q3 Profit Up 9%, But Sales, Q4 Forecast Miss

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

Bentonville, AR—Walmart reported today that its third quarter profit increased 9% but the world’s largest retailer’s sales and fourth quarter/holiday guidance trailed analysts’ estimates. For the quarter ended Oct. 26, Walmart posted net income of $3.64 billion, or $1.08 a share, compared with earnings of $3.34 billion, or 96 cents …

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Shop Bop Launches Workwear Boutique

In eCommerce, Industry News, What's New by Lauren Parker, Accessories MagazineLeave a Comment

New York—With unemployment still sky-high, working women and women looking for work are upping their PPQ (Polished, Professional Quotient). To suit (literally), online retailer Shop Bop has added a Workwear Boutique, where customers can search an edited selection of items suitable for power dressing. From suits to tailored separates to …