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Victoria’s Secret Fashion Runway Show: Accessories Extravaganza

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

London–While cleavage and toned abs stole the show as always, accessories at the Victoria’s Secret runway fashion show more than held their own. The world’s most gorgeous women–adorned with the requisite angel wings–were styled as Golden Warriors and Exotic Revelers. Here, a look: GOLDEN WARRIORS Calling all Greek Goddesses! Golden …

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Victoria’s Secret Angels Gear Up For A Supermodel Cycle Ride To Benefit Cancer Research

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

New York—Victoria’s Secret Models Alessandra Ambrosio, Lily Aldridge, Elsa Hosk, Lais Ribeiro, and Martha Hunt hosted Supermodel Cycle to benefit Pelotonia–an annual grassroots bike tour that raises funds for cancer research at The Ohio State University Comprehensive Cancer Center-James Cancer Hospital and Solove Research Institute. Each year, more than 6,000 …

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December Comp Sales Were Up—But at a Price?

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

New York—Discounts may have helped comparable store sales rise 2.7% in December, but that stronger-than-expected increase often came with a price(s). Namely, lower margins, customers shifting to online shopping and lowered fourth quarter earnings expectations. In its monthly assessment of eight large retailers, Thomson Reuters reported the 2.75 increase in …

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Holiday Pressure: November Comp Sales Disappointing

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

New York— Black Friday creep—expanding sales and promotions beyond the traditional one the Friday after Thanksgiving—may have had an unintentional effect. Consumers may be lured in by promotions but purchasing isn’t as strong as hoped for. According to several metrics, November comparable store sales were modest—actually decelerating from October increases. …

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Promotions Helped Lift October Comp Sales Above Estimates

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

New York—Political gridlock, a government shutdown and fears that the United States would default helped to deflate consumer confidence in October, but apparently shoppers turned out anyway. According to Thomson Reuters, comparable store (or same store) sales rose 4% last month, beating economists’ expectations for a 3% increase. Excluding drugstores, …

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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, …