New York—Yes there is dramatic growth in Internet retail but it still accounts for well less than 10% of total sales. In fact, during the 2015 Holiday Season, 91% of consumers chose brick and mortar retailers to shop at. According to its Holiday Consumer Purchasing Trends study released today by the The International Council of […]

The post ICSC: Despite Digital Advances, 91% of Holiday Consumers Shopped In-Store appeared first on Accessories Magazine.

Washington–With the holiday season over, import cargo volume at the nation’s major retail container ports is expected to slowly decline through the first quarter of the year, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “This is the time of year when the retail supply […]

The post Retail Imports Wind Down Following Holiday Season appeared first on Accessories Magazine.

New York—New Year’s Day has passed and the next important date on the fashion calendar is Sunday, Jan. 10, when AccessoriesTheShow opens for a three-day stint at the Javits Center. Running concurrently with Moda, and Fame, ATS and the other BJI Fashion Group trade shows cater to the world’s best designers and retailers. Designers are able to […]

The post ATS, Moda and Fame Open January 10 to 12 at Javits Center appeared first on Accessories Magazine.

New York—Joining a growing coalition of retail and manufacturing groups, Gemini Shippers announced Thursday its support for the ratification for the Trans-Pacific Partnership (TPP) Free Trade Agreement. If ratified, The TPP agreement represents the most significant trade agreement proposed since NAFTA came into effect in 1994. The agreement brings together 12 countries with strong trading […]

The post Gemini Shippers Group Supports the Trans-Pacific Partnership Agreement appeared first on Accessories Magazine.

Nelsonville, OH–Rocky Brands, Inc., maker of Rocky, Georgia Boot, Durango, Lehigh, and Creative Recreation footwear, announced today that it has received an order to fulfill a contract to the U.S. Military to produce “Temperate Weather” combat boots. The contract includes a minimum purchase amount of $13 million with the entire order projected to ship between […]

The post Rocky Brands, Inc. Announces New Footwear Order from the U.S. Military appeared first on Accessories Magazine.

New York–Vida Shoes International, Inc. announced Thursday the launch of  JSport, a new proprietary label and addition to its family of footwear brands. Led by General Manager David Jonah, JSport joins sister brands Jambu and JBU as part of the company’s Adventure Brand Group.. “Fashion-centric, comfortable and price conscious, that’s how we envision JSport as […]

The post Vida Shoes Launches New JSport Brand appeared first on Accessories Magazine.

New York—December sales may have been better than some had predicted. Sales reports from the dozen or so retailers that still release monthly sales figures finds December comp store increased 0.9% ahead of the estimated 0.5% increase, Retail Metrics reported today. Excluded from the tally was Gap Inc. which is expected to reports its sales […]

The post Report: December Comp Store Sales Better Than Expected appeared first on Accessories Magazine.

Toronto and New York–Hudson’s Bay Company is continuing its expansion poly by announcing today that it has entered into a definitive agreement to acquire Gilt Groupe Holdings, Inc. for $250 million in cash. This transaction reflects HBC’s ongoing focus on advancing its all-channel model while continuing to grow its successful off-price business through the integration […]

The post Hudson’s Bay Company to Buy Gilt for $250M appeared first on Accessories Magazine.

Indianapolis—After suffering through a “major disruption in its supply chain for fall, Finish Line Inc. reported today that it plans to shutter 150 stores and replace its chief executive officer. For the three months ended Nov. 28, the athleticwear retailer posted a loss of $21.8 million, or 49 cents a share. Total net sales fell […]

The post After Posting Q3 Loss, Finish Line to Shutter 150 Stores; Names New CEO appeared first on Accessories Magazine.