From Paris to New York, purveyors of luxury goods are teaching staff Mandarin, offering traditional New Year “hongbao” gifts and flocking to social media sites as well-heeled Chinese tourists pack their bags to ring in the Year of the Goat abroad.
Department store operator Macy’s Inc said it would close 14 stores in early spring 2015 and cut some jobs to focus on its popular services such as in-store pickups for online orders and “ship-from-store.”
From American Eagle to Apple Stores, beacons are popping up everywhere. Are they a shopper’s best friend or another pesky Big Brother monitoring our every move?
Early holiday promotions and rising online shopping took a toll on in-store U.S. sales during the Thanksgiving weekend as shoppers on average spent 6.4 percent less than they did a year earlier.
After blaming the Polar Vortex’s chill for sluggish results last winter, U.S. retailers now say warm temperatures in October hurt sales of boots and sweaters. Some retail analysts aren’t buying it.
Macy’s Inc., the largest U.S. department-store chain, posted a 23 percent gain in net income last quarter after the company cut expenses, helping it weather disappointing sales.
Nordstrom Inc.’s share price is outperforming Macy’s Inc. as investors bet its earnings will accelerate more than its rival’s in 2015.
A shortage of transportation equipment and possible labor disruptions at the Long Beach port complex is delaying shipping containers for up to three weeks, threatening timely delivery to retailers for the holiday season.
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
The self-taught, sought-after stylist and designer of LOGO by Lori Goldstein, a collection sold via home shopping network QVC, has had, not one, but two fashion careers. Here Goldstein shares how a fine balance of restlessness and hard work led her from the American Midwest to the top of the industry.
Skinny jeans have reigned supreme for years. But now a whole host of alternatives, from yoga pants to fancy sweatpants, have cropped up.
BoF compiles the most important professional moves of the week.
NEW YORK, United States — Still hurting from last year's see-through yoga pants debacle, Lululemon Athletica Inc is about to face a new headache: stepped up competition from rival yoga retailers, department stores and hot new brands.