Reminder and clarification on mandatory ACE filing timeline. Below are excerpts from CBP’s CSMS #16-000238, provided as: (1) a reminder that effective this Thursday, March 31, 2016, filers will be required to file certain transactions in ACE and no longer permitted to file in ACS; and, (2) a clarification /…
Target Debuts Marimekko Collection
Minneapolis-based Target Corporation, America’s second-largest discount retailer, rolls out another of its highly anticipated designer collaborations on April 17, when its exclusive Marimekko merchandise goes on sale in stores and online. But the lookbook is already out. Comprising women’s clothes and accessories, girls’ clothes, and home furnishings, Target’s summer-centric collection is themed around some of […]
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Governmental Notices: March 19 – March 25, 2016
Attached is an update of governmental notices that may be of interest to our members and the trade. Of particular interest to some may be CBP’s announcement this week regarding the Electronic Visa Update System (EVUS), as well as a Reminder that as of March 31st, NO more ACS –…
Nike Earnings Up, Stock Price Down
Earlier this week, when Nike released its financials for the quarter ending February 29, earnings were up. So were its sales. But not enough to satisfy Wall Street. When the third quarter financials for fiscal 2016 were released after the close of the market on Tuesday, the price of Nike stock immediately fell around 4 […]
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Rutgers Launches Fashion-Focused Business Degree
Success in fashion requires both a mastery of aesthetics and mastery of commerce. Ironically, many aspiring designers don’t know that fashion is also a business, while many entrepreneurs are stuck in a rut when it comes to fashion’s creative side. That’s what motivated the Rutgers Business School-Newark and New Brunswick to create its new Master […]
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RealReal Expands Jewelry, Watches
Following launches in New York and Los Angeles, luxury consignment company The RealReal has opened a third office for fine jewelry and watches on Chicago’s “Magnificent Mile” shopping district. All three valuation offices allow customers to bring in their jewelry and watches for a by-appointment appraisal from certified gemologists and watch experts; after the assessment […]
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Call for Applications: Paid Internships
It’s not easy to break into the fashion industry. Internships are rare. Paid internships are rarer still. And either seems impossible without industry connections. Which is why the Council of Fashion Designers of America, the Mayor’s Fund to Advance New York City, and the New York City Economic Development Corporation joined forces to create NYC […]
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Tickets Now on Sale for FABB
Tickets are now on sale for the Fashion Accessories Benefit Ball 2016 to be held May 4 at Pier 60, a waterfront venue in Manhattan’s Chelsea Piers complex. The accessories industry’s only benefit, FABB has raised nearly $12 million to date for charities ranging from Save the Children to the Wounded Warrior Project. This year’s […]
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Call for Entries: Handbag Designer Awards
Entries are now open for the 2016 Independent Handbag Designer Awards sponsored by Handbag 101, a curated database of emerging and independent designers that has evolved from an industry resource into a thriving e-commerce site. For this 10th edition of the competition, finalists’ designs will be offered for sale on the Handbag 101 site. Winners […]
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Kohl’s Reveals Store Closure List
The hit list is out. After a disappointing fourth quarter that saw profits drop 20 percent, the 1,164 store-Kohl’s Corporation has released the names of 18 underperforming stores that will close this year. Half will be in California, including seven concentrated in southern California. The remainder are in Florida, Georgia, Illinois, New Jersey, North Carolina, […]
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