Cut Above: 2016 AGTA Spectrum Awards Winners Announced

Dallas and New York—To give you an idea of just how much the fine jewelry business has surpassed the era of raw/rough crystals and gemstone and diamond slices, just take a look at the Best of Show winner at this year’s The American Gem Trade Association’s winners at the prestigious AGTA Spectrum Awards. The 32nd […]

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Stein Mart’s “Give Back to Our Veterans” Promotion

Jacksonville, FL—In honor of Veterans Day, Stein Mart will introduce its latest chain-wide charitable program, “Give Back to Our Veterans,” to support VA Voluntary Service (VAVS) and help the country’s veterans facing homelessness. Starting Nov. 3, shoppers can contribute to the effort by purchasing a new package of underwear or socks at any Stein Mart location. […]

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Bill Blass Brand Under Chris Benz to Launch Nov. 2

New York—Bill Blass, the designer brand established in 1970 that became associated with classic American style, is back. Today, the brand is poised to re-enter the market with a modern strategy, catering exclusively to e-commerce customers worldwide.  The launch collection, designed under Creative Director Chris Benz, includes women’s ready-to-wear, handbags, accessories and shoes, shipping to […]

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Now Lord & Taylor Plans to Launch Off-Price Concept

New York—Seeking a younger demographic that liked “on-trend, in-season product at amazing prices,” Lord & Taylor’s parent, Hudson’s Bay Company announced today the retail brand will launch its own off-price stores next year. Opening its first store in Paramus, New Jersey in November 2015, Find @ Lord & Taylor will launch in the Northeastern United […]

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TJX Completes Acquisition of Australian Off-Price Retailer Trade Secret

Framingham, MA—The TJX Companies investment in expanding oversees just took a turn toward Oz. The off-price retailer said today that it has completed its acquisition of Trade Secret, an off-price retailer that operates 35 stores in Australia, from Gazal Corporation Limited for a purchase price of $80 million Australian (subject to customary post-closing adjustment). The […]

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FedEx Forecasts Record Surge This Holiday Season

Memphis—Fedex today predicted another record-breaking year as more consumers turn to Internet for their holiday shopping and expect fast shipping. The company predicts it will move a record-breaking 317 million shipments between Black Friday and Christmas Eve. This forecast marks a 12.4% increase in year-over-year seasonal volume. The holiday season includes one more day than […]

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Governmental Notices: October 17-23 2015

Attached is our update of governmental notices that may be of interest to the membership and trade. Among the items in this issue are links to: APHIS’ Rule addressing Imports of Fresh Peppers from Ecuador and Notices regarding Importation Authorization for Fresh Pitahaya from Israel and Requests for Comments concerning…

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Skechers Plunges on “Disappointing” Q3 Sales

Manhattan Beach, CA—Skechers USA, the footwear brand that’s been of the darlings of Wall Street, saw its sales plunge as much as 36% Thursday after reporting a disappointing third quarter in sales. Up to Thursday’s close, the stock had risen nearly 150% this year. For the three months ending Sept. 30, Skechers posted a net […]

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VF Q3 Sales, Profit Hit by Workwear Expenses, Timberland Rises

Greensboro, NC—VF Corp., owner of Timberland and denim brands, reported today that its third quarter sales and outlook were pared down due to a slowdown in oil exploration that is weighing on demand for its workwear. For the three months ended Oct. 3, VF booked a profit of $459.9 million, or $1.07 a share, down […]

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