New York—Tiffany & Co. reported today a drop in its third quarter sales as a strong dollar cut into tourist spending. For the three months ended Oct. 31, the fine jewelry retailer posted net income of $91 million, or 70 cents ashare, missing the average analyst estimate of 75 cents a share,.In the third quarter […]

The post Tiffany Q3 Sales, Profit Miss, Outlook Trimmed appeared first on Accessories Magazine.

New York—The Government of India recently launched a new initiative—“Make in India,” where all sectors of manufacturing from agriculture to automobiles have been de-licensed and deregulated. One industry that stands to gain from the deregulations is Indian leathergoods which already amounts to some $11 billion a year. India’s Council of Leather Exports is instituting skill […]

The post India Starts New Initiative to Become World Leader in Leather Manufacturing appeared first on Accessories Magazine.

Houston—Charming Charlie sure lives up to its name. This week the accessories retailer announced announced it donated more than $3.7 million worth of product to women in need through its charitable giving partnership with the nonprofit organization K.I.D.S./Fashion Delivers. More than 260,000 pieces were recently given away to various community partners aiding women impacted by […]

The post Charming Charlie Kicks Off Partnership with K.I.D.S./Fashion Delivers with $3.7M Donation appeared first on Accessories Magazine.

Stevens, PA—Finally some good news for retailers—those that cater to more affluent consumers that is. The good news is that affluents increased their average three-month spending on high-end or luxurygoods and services by 3.2% overall, according to the latest from Unity Marketing. Even better news is that affluents’ consumer confidence rose 17.3 points, as measured […]

The post Latest Affluent Consumer Tracking Survey Reveals Uptick in Spending appeared first on Accessories Magazine.

New York—Tis the season to connect—via a smartwatch. Following holiday-time smartwatch introductions from Fossil and TAG Heuer, Guess Watches introduced today its Guess Connect. Based on its global best-selling style called RIGOR, this boldly-styled smartwatch is powered by smartwatch award-winning leader Martian Watches’ technology marries beauty and brains. in a line of smartwatches designed for […]

The post New Smartwatch, Guess Connect, Just in Time for the Holidays appeared first on Accessories Magazine.

San Francisco—Gap Inc. cut its full year earnings forecast Thursday afternoon due to declining sales and discounting that soured its third quarter results. Consequently, the company saw its shares drop nearly 6% in early trading on top of a 40% decline so far this year. The company blamed the strengthening dollar, particularly against the Japanese […]

The post Gap Inc. Slashes Forecast after Poor Q3 Results appeared first on Accessories Magazine.

New York–Jewelry and fashion accessories manufacturer International Inspirations has signed a deal to license Danielle Nicole jewelry, an extension of the popular Danielle Nicole handbag brand and a move that brings the label that much closer to a full lifestyle brand. Due to the success of a Danielle Nicole jewelry capsule collaboration, the brand is […]

The post Danielle Nicole Signs Jewelry License to Expand Handbag Brand appeared first on Accessories Magazine.

New York—Camuto Group announced today that it has acquired the remaining shares of Bernard Chaus Inc., making the company a wholly-owned subsidiary of Camuto Group. Details of the purchase were undisclosed. Ariel Chaus will remain in his role as chief cxecutive of BCI and will work closely with Camuto Group’s Chairman/Chief Executive Officer Alexander Del […]

The post Camuto Group Unites With Bernard Chaus for Strategic Growth appeared first on Accessories Magazine.

New York—Urbanspace and the Union Square Partnership have welcomed back more than 150 small businesses to the new and improved Union Square Holiday Market. Now in its 22nd season, the Union Square Holiday Market draws more than two million visitors. The 2015 installment of the Union Square Holiday Market boasts many exciting upgrades. From a […]

The post Urbanspace Opens Expanded Union Square Holiday Market appeared first on Accessories Magazine.

New York—Foot Locker, the athletic chain that has been expanding away from technical gear toward more apparel and “athleisure” styles, is in an enviable place among retailers reporting third quarter results. For the three months ended Oct. 31, Foot Locker reported a profit of $80 million, or 57 cents a share, down from $120 million, […]

The post Foot Locker Tops Estimates as Q3 Sales Jump appeared first on Accessories Magazine.