JCPenney Narrows Loss but Misses Forecast; Handbags a Bright Spot

J. C. Penney Company, Inc. today announced first-quarter results for the period ended April 30, 2016. Q1 net sales fell 1.6% from $2.86 billion in the year-ago quarter to $2.81 billion (analysts had estimated revenue of $2.92 billion, according to S&P Global Market Intelligence). Sales at stores open at least …

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Retail Preview: What’s in Store for Fall ’16 at DSW

Since its inception in 1991, DSW (Designer Shoe Warehouse) has aimed to be a source of affordable footwear across the nation. Now with over 400 stores in the U.S., the shoe retailer has more than achieved this goal, given its expanding product portfolio (bags, cold weather gear, among others) for …

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Jane Austen Serves Up Wit and 18th Century Fashions in “Love & Friendship”

Jane Austen has done it again, this time pairing up with filmmaker Whit Stillman (“Metropolitan,” “Last Days of Disco”) for an 18th Century period piece that feels modern in its writing. Adapted from Austen’s “Lady Susan,” even if it wasn’t published until a century after her death, the movie circles …

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Paparazzi: Hanro of Switzerland Fetes Izak Zenou

French fashion illustrator Izak Zenou has something new to add to his expanding CV. The artist, mostly known for his “Bendel Girl” drawings for retailer Henri Bendel, has been tapped by intimates brand Hanro of Switzerland to create an art mural for its Meatpacking District flagship store along Washington street. “I …

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Item of the Day: Goldhenn Jewelry

Jewelry maker Meaghan Hennelly has a profound perspective on accessories. For her, life should be about celebrating the “luxury of imperfection,” which is what she wants to convey through her jewelry brand, Goldhenn (pronounced like the word “golden”). “Much like a gemstone’s journey to the surface of the earth–mined, honed, faceted and polished–we (humans), too, […]

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Macy’s Outlines Turnaround Strategy Amid Q1 Drop

Macy’s outlined three areas of action designed to improve its business in 2016, including adding new in-store shops of its Bluemercury and Backstage businesses and selling more exclusive and unusual merchandise. As first quarter results proved, the national retailer continues to struggle with a disappointing financial picture, caused in part …

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Great American Group & Tiger Capital to Assist in Aeropostale Closings

Advisory and valuation service company Great American Group and capital infusion company Tiger Capital Group have partnered with Aéropostale, Inc. to facilitate the orderly closure of 113 of its stores and factory outlets across the U.S. These are the same closures reported in conjunction with Aéropostale’s voluntary Chapter 11 filings. …

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Item of the Day: Heart & Noble Jewelry

Designer Cristina Gabriele seems to have a fun approach to industrial fashion, as illustrated by her jewelry line, Heart & Noble. “I’m often inspired by discarded objects and I like the idea of elevating everyday functional things into something precious,” says Gabriele, who started her business in 2013. “I think I’m reinterpreting jewelry in a sense […]

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