U.S. brands’ many routes to Europe (IHT)
Some American brands believe in a one size fits all mentality when it comes to selling to Europe, but others such as Tommy Hilfiger take a more segmented approach.
Emanuel Ungaro Drops Pre-Fall Prices by 15% (WSJ)
“Emanuel Ungaro is pricing its pre-fall collection about 15% below last year’s.”
ASOS bucks gloomy retail trend again (Guardian)
Due to the popularity of black shine leggings, online retailer ASOS bucks the downward retail trend.
Lord & Taylor Cuts 170 Jobs (WWD)
As another sign of an ailing retail industry, Lord & Taylor announces that it will eliminate 170 jobs. (Subscription required)