Item of the Day: GLCO’s King Sunglasses

There’s another “King” celebrating this season. In collaboration with menswear designer /iconoclast Mark McNairy, GLCO has designed a carefully crafted piece of eyewear that faithfully represents Elvis Presley’s impact on eyewear fashion. “I’m thrilled to partner with legendary designer and friend, Mark McNairy,” said Garrett Leight, GLCO CEO & Creative Director . “Elvis once said, ‘Values are […]

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Iconix Shares Plunge on News of SEC Investigation

New York–Iconix Brand Group, marketer of brands such as Candie’s, Danskin, Joe Boxer, etc., saw its shares plunge today upon news that the Securities and Exchange Commission (SEC) has opened an investigation into Iconix’ accounting. The SEC has sent Iconix a formal order of investigation following a comment letter process with the SEC related to Iconix’ annual […]

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Small Retailers Post Strong Gains in Holiday Employment

Rochester, NY–Small business owners–specifically those operating in the retail trade–typically experience an uptick in business around the holiday season year. Most of those businesses hire additional employees to handle the holiday rush, and hiring data indicates employment growth in the retail trade sector is gaining steam at the outset of this holiday season. Paychex, Inc., […]

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Sequential Brands Announces New Handbag, Accessories Partner for Joe’s Jeans

New York–Sequential Brands Group, Inc., which acquired the Joe’s Jeans brand in September, announced this that it has signed a long-term licensing agreement with Showroom35 to design and manufacture handbags and small leathergoods for Joe’s Jeans. “This is an exciting time for Joe’s Jeans as we begin to tell the brand’s lifestyle story through new […]

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Kara Ross Partners with CanadaMark for New “Diamonds Unleased” Line

New York–World–Once again designer Kara Ross is delving into yet another category. She recently announced a strategic partnership with CanadaMark diamonds around Ross’ new brand DIAMONDS UNLEASHED. Diamonds Unleashed is a brand with a social purpose that launched this month to promote and support women’s empowerment. The mission is to engineer a great rethink about […]

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Shay Mitchell, Nina Dobrev Wear Their Passion for World Change

New York–Actresses Shay Mitchell and Nina Dobrev are giving back this holiday season by starring in a month-long global philanthropic advertising campaign powered by IPG Mediabrands in support of Free The Children’s WE Are Stronger Together campaign. With the purchase of a $10 Rafiki bracelet, handmade by women in Kenya, a gift of impact is […]

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Nike Q2 Profit Beats Estimates for 14th Quarter in a Row

Beaverton, OR—One analyst called it reaching “the stratosphere”. And so it seems. Nike reported late Tuesday that its second quarter profit surpassed expectations for the fourteenth straight quarter. Nike’s second-quarter earnings per share of 90 cents surged nearly 22% year over year, beating analysts’ consensus for 85 cents. The bottom-line growth was mainly aided by […]

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67% of Consumers Plan to Shop the Post-Holiday Sales

Austin, TX—There are procrastinators aplenty this holiday season. And others ready to pounce on those post Christmas sales. In its latest edition of its Shoppers Trend Report, RetailMeNot reports 67% of consumers intend to shop the end-of-the-year sales and plan to spend an average of $270 during this time. The biggest motivators for consumers to […]

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Tyco to Spend $175 M to Acquire ShopperTrak

Chicago–Tyco International plc Tuesday said it had reached a definitive agreement to acquire ShopperTrak, a global provider of retail consumer behavior insights and location-based analytics, for approximately $175 million in cash. ShopperTrak measures 1,200 retailers in 97 countries. Tyco said the the addition of ShopperTrak and the recent acquisition of U.K based retail traffic analytics […]

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Holiday Stats: Expect a More Promotional December

New York–December temperatures might have hit record highs, but December retail sales are cooling off. Retailers have hit the season with massive sales but experts are predicting even more. An article in Forbes predicts that a “…lack of momentum exiting November will make December even more promotional than planned… one week before Christmas, all retailers […]

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