NRF Study: Inventory Shrinkage Last Year Lowest Ever

Washington—In 2014, inventory shrink rose to $44 billion in losses for retailers, according to a recent study from the National Retail Federation. “Inventory shrink” includes: Shoplifting (38%) Employee/internal theft (34.5%) Administrative and paperwork errors (16.5%) Vendor fraud or error (6.8%) Unknown loss (6.1%) When it comes to loss prevention budgets, nearly 2 in 5 of […]

The post NRF Study: Inventory Shrinkage Last Year Lowest Ever appeared first on Accessories Magazine.

Marcolin Inaugurates Its New Manufacturing Facility in Italy

Longarone, Italy–Marcolin SpA inaugurated last week its new manufacturing facility in Longarone (Fortogna area), already functioning since the beginning of May. This operation is part of the quality enhancement process undertaken by Marcolin and allows the company to double its in-house Made in Italy production, while also increasing the area’s local employment. The starting activities […]

The post Marcolin Inaugurates Its New Manufacturing Facility in Italy appeared first on Accessories Magazine.

Kohl’s Cares Gives Back this Back-to-School Season

Menomonee, Falls WI–Kohl’s Department Stores is featuring beloved children’s books from author Laura Numeroff available now through September, at Kohl’s stores nationwide and on Kohls.com. Each Kohl’s Cares item is priced at just $5, with 100% of the net profit supporting children’s health and education initiatives nationwide. “Kohl’s Cares is providing families with engaging children’s […]

The post Kohl’s Cares Gives Back this Back-to-School Season appeared first on Accessories Magazine.

Amazon Vows to Make July 15 Sale Even Bigger than Black Friday

Seattle—July is typically known as the summer doldrums for retail. Except for early back-to-school shopping on the rise and a few clearance sales, there’s not much to report. But online behemoth Amazon wants to change all that by celebrating its 20th year with Prime Day, a global shopping event, exclusively for Prime members in the […]

The post Amazon Vows to Make July 15 Sale Even Bigger than Black Friday appeared first on Accessories Magazine.

Sensational Summer: Bestsellers at South Moon Under

Berlin, MD—July typically has been a month of summer doldrums, especially at retail. But that’s changing as special sales pick up and parents are shopping even earlier for their back-to-school purchases. As a new feature in Accessories magazine’s Daily Newsflash, we’re asking leading retailers of accessories to tell us exactly what is selling. For the […]

The post Sensational Summer: Bestsellers at South Moon Under appeared first on Accessories Magazine.

Early Back-to-School Findings: Families Plan to Spend More This Year

Washington—The Fourth of July marks the official beginning of summer for most school children these days. For parents it can signify the start of their hunt for back-to-school or college shopping. According to the NRF’s back-to-school survey conducted last year by Prosper Insights & Analytics nearly one-quarter of families were shopping at least two months […]

The post Early Back-to-School Findings: Families Plan to Spend More This Year appeared first on Accessories Magazine.

Sole Society Gets $8M In Funding; Appoints New CEO, Executive Team

Los Angeles– Sole Society, a lifestyle brand of women’s shoes, bags and accessories, announced Wednesday $8 million in Series B funding from Nordstrom and Insight Venture Partners and a newly appointed executive team to support operations and expand distribution. Previous COO and newly appointed CEO Andy Solomon will lead this strategic growth for the born-on-the-web […]

The post Sole Society Gets $8M In Funding; Appoints New CEO, Executive Team appeared first on Accessories Magazine.

H. Stern Bows Renovated Flagship in Manhattan

New York–H.Stern has reopened its Fifth Avenue boutique which has been closed since January 2015 while undergoing a highly anticipated major renovation. The renovated boutique was developed by Studio Arthur Casas and evokes the jewelry brand’s Brazilian identity aligned with the cosmopolitan design. The architecture complements the delicate craft of the jewelry by creating an […]

The post H. Stern Bows Renovated Flagship in Manhattan appeared first on Accessories Magazine.