Kohl’s Q3 Surprises, Beating Forecasts despite Profit Fall

Menomonee Falls—Kohl’s may have reported today that its third quarter profit fell 15% as a small sales increase was offset by lower operating margins. But the revenue and profit figures beat expectations. For the quarter the department store posted net income of $120 million or 63 cents a share, lower than $142 million or 7 […]

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Preliminary Q3: American Apparel’s Sales Plunge Nearly 20%

Los Angeles—Retailer in bankruptcy American Apparel Inc. reported Tuesday a narrowed loss in preliminary results for the third quarter. American Apparel said that it couldn’t meet the deadline to file a quarterly report for the three months ended Sept. 30. Initial results reflect show that the specialty retailer has a long road ahead to return […]

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Pendleton Bows Pop Up Boutique Inside Wolverine NY Flagship

New York—It’s sort of like two old friends helping each other out during the holidays. Pendleton, the wool specialist, opened a pop up boutique inside the Wolverine Company Store. From now through early 2016, Pendleton has its own devoted shop-in-shop just in time for the cold snap and holiday season. Symbiotic Relationship In a match […]

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Macy’s Disappointing Q3 Sales, Forecast Sends Shivers to Retailers’ Shares

New York—Macy’s Inc. today lowered its full year forecast after reporting third quarter sales and comp stores sales below analysts’ estimates. As one of the first department stores to report its earnings, Macy’s saw its shares dive nearly 16% today to a new 52-week low. Similarly, other department stores also saw their stocks fall For […]

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Book: If These Jewels Could Talk: The Legends Behind Celebrity Gems

New York—If these jewelry could talk, boy the stories they’d tell. Author Beth Bernstein provides such an inside look at the stories behind some of the world’s most famous jewelry in her newly released book, If These Jewels Could Talk: The Legends Behind Celebrity Gems (ACC Art Books, 2015; $95). While there are many pieces […]

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Governmental Notices: October 24 – October 30

  APHIS’ Rule addressing User Fees for Agricultural Quarantine and Inspection Services and   a Notice of Comment Request; CPSC’s Proposed Rules addressing Petitions for Rulemaking regarding Products Containing Organohalogen Flame Retardants and a Plan for Retrospective Review of Existing Rules, as well as a Notice of Comment Request concerning Baby…

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Single’s Day (11.11) Sales to Reach Record Levels as US Retailers Participate

Shanghai and Dallas—It’s off to an audacious start. November 11—known as Single’s Day in China—is slated to be the biggest single shopping day ever. It even dwarfs Black Friday. In the first 90 minutes of the 24-hour sale, which kicked off at 12 midnight in Beijing Wednesday, Alibaba, the biggest online site, said total sales […]

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American Made Matters Day: A Call-to-Action for Consumers

Adamstown, PA–American Made Matters, an organization dedicated to educating consumers on the importance of buying American-made products, is holding the 3rd annual American Made Matters Day on November 19. The purpose of the event is for consumers to buy at least one U.S.-made product on this day, and to encourage consumers to buy made-in-USA products […]

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Bebe Plans to Rock the Vote for 2016 Presidential Election

Washington—Fashion and politics do mesh. For instance, Rock the Vote, the largest non-profit and non-partisan organization in the United States driving the youth vote to the polls, today announced this week a partnership with bebe stores, inc. The partnership will focus on engaging young women in the political process through education, voter registration and voting. […]

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