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Week in Review: 10 Must-Remember Online Articles

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

New York—“The epicenter of stupidity”…that’s how outspoken L Brands chairman Leslie Wexner referred to Washington, specifically Capitol Hill, this week during the nerve-wracking hours leading up to a temporary debt ceiling solution. Like many retailers and business leaders, Wexner is concerned about how the political gridlock and its subsequent effects …

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Retail, Business Leaders Decry Congress’ Actions in U.S. Budget Gridlock

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

Washington—President Obama today took Congress to task over its 11th hour resolution of the government shutdown and lifting the debt ceiling, issues that could have spun the United States into default and wrecked havoc with the international economy. “Probably nothing has done more damage to America’s credibility in the world, …

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Henri Bendel Makes Changes to Grow Accessories

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Columbus–Ed Bucciarelli is concentrating on his main love: accessories. Limited Brands, the parent company of Henri Bendel, announced that Bucciarelli will broaden his focus beyond Henri Bendel to help “strengthen and expand accessories development.” Lately, the specialty retail has been opening its own all-accessories stores with private-branded merchandise focusing on …

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Limited Brands, Chico’s Q3 Profits Increase

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Tight inventory controls, improved gross margins and higher sales helped specialty retailers Limited Brands and Chico’s post third quarter profit rises. Limited Brands’ Q3 Profits Increase, Declares Dividend Columbus—By keeping a tight reign on expenses and controlling inventory, Limited Brands reported Wednesday that its third quarter profit increased and declared …