View Post

H&M to Debut Fashion Collection Collaboration with Coachella

In Marketing, What's New, Industry News by Accessories Staff

New York—H&M is famous for its collaborations with well-known ready-to-wear designers (most recently the sell-out collaboration collection of Alexander Wang). Now the fast fast retailer plans its first ever “festival” collaboration with the Coachella Valley Music & Arts Festival. Already a sixth-year sponsor of the festival, H&M is taking its …

View Post

H&M Q3 Sales Beat Forecast

In Reports, What's New, Industry News by Jeff Prine

Stockholm–H&M today reported a 16% rise in its third quarter sales boosted by August revenue that exceeded estimates. In August, sales were up 19% stated in local currency terms, sending the shares to a record high. The average analysts estimate was for expansion of 12.9%. Total third-quarter sales rose 21% …

View Post

Week in Review: News-to-Know

In What's New, Industry News by Accessories Staff

New York—It was a much needed dose of optimism when most of retail seems besieged with lower traffic patterns, slumping comp store sales, rising promotional activity and disappointing earnings forecasts. Indeed spring seems to finally be here when the U.S. Department of Commerce this week announced March retail sales figures …

View Post

Best Global Brands 2014 Edition Is Here

In What's New, Industry News by Jeff Prine

New York—It’s the hit list for retailers: the Best Global Brands listing put together every year by Interbrand, a leading brand consultancy. In its fourth annual report released Tuesday, there were some “top risers” among fashion brands in North America: T.J. Maxx (No.32, +22%) and Marshalls (No. 34, +19%). The …

View Post

Trade Associations Urge End of Cambodian Unrest

In What's New, Industry News by Accessories Staff

Arlington, VA—The six leading North American trade associations representing apparel and footwear brands and retailers, including the American Apparel & Footwear Association (AAFA), the Canadian Apparel Federation (CAF), the National Retail Federation (NRF), the Retail Council of Canada (RCC), the Retail Industry Leaders Association (RILA), and the U.S. Fashion Industry …