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.
About 821,000 workers will be hired for retail seasonal jobs this year, up 11 percent from a year ago and the highest since records were started in 1990, estimates Michael Niemira, founder of economic forecasting firm The Retail Economist LLC.
Oscar-winning actress Halle Berry is reviving Scandale, a lingerie label born in France in 1932.
U.S. retailers are suffering through the slowest back-to-school shopping season since the recession ended in 2009, raising concern that the year-end holidays will bring more of the same.
BoF compiles the most important professional moves of the week.
NEW YORK, United States — U.S. retailers' controversial choice to kick off the U.S. holiday shopping season early, on Thanksgiving, may not pay off as much as they had hoped.
WASHINGTON DC, United States — Nearly 20 North American retailers including Wal-Mart Stores Inc and Gap Inc unveiled a 5-year safety plan for Bangladesh garment factories on Wednesday that would include inspecting every factory within a year.
SAN FRANCISCO, United States — EBay Inc is launching virtual stores called "shoppable windows" this month that the e-commerce company hopes will help retailers generate more sales from their existing physical store networks.
Making Sense of the YSL Retrobranding (Insight & Analysis) “When Hedi Slimane was appointed creative director of Yves Saint Laurent, last March, YSL’s parent company, PPR, gave the designer ‘total creative responsibility for the brand image and all its collections.’” Colin’s Column | Making the Case for a Modern Couture (Opinion) “Strange people in the fashion world. Take Dior. The couturier who
Target Teams Up With Neiman Marcus to Create a Holiday Sales Smash (Forbes) “You don’t need to be a fashion slave to understand that the newly announced partnership between Neiman Marcus and Target is going to produce a collection that will send holiday shoppers thronging to both stores.” KCD, Spring Form Strategic Partnership (WWD) “KCD, the well-known public relations and events agency, and Spring, the
LONDON, United Kingdom — When reports first surfaced in March about the striking similarities between Proenza Schouler’s PS1 bag and Target’s Mossimo Messenger, the discomfort within the fashion industry was palpable. What was particularly troubling was that Jack McCollough and Lazaro Hernandez, the design duo behind Proenza Schouler, had a longstanding relationship with Target. Indeed, in 2007 the designers debuted their capsule
Wanted: a Second Chance (WSJ) “It’s the fear of every high-achieving professional: excelling, reaching the pinnacle of your field—and, the next day, having to start over… Many designers say the key to their reinvention came from using skills, interests and contacts from their earlier lives—without stopping for regrets. ‘Nothing’s a bad experience and nothing is a waste of time.’” More