Paris—On the upper end, growth tends to be on target despite the slowdown in Greater Asia. On Thursday, Hermès reported its third quarter sales rose 7.9% on a like-for-like basis, helped by demand for its leathergoods and ready-to-wear. Sales reached 1.14 billion euros (about $1.23 billion. For its first nine months of 2015, the luxury […]

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Seattle–Nordstrom Inc. reported Thursday a smaller-than-expected comparable sales growth and a lowered forecast, sending its shares down 15% in after-market trading. For the three months ended Oct. 31, Nordstrom said net income fell to $81 million, or 42 cents per share, from $142 million, or 73 cents per share, a year earlier. Net revenue rose […]

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Brisbane, CA—bebe stores inc. reported today that its first quarter loss narrowed as total and comp sales declined. Its tepid forecast also disappointed Wall Street. For the three months ended Oct. 3, the women’s specialty retailer posted an adjusted loss of 16 cents a share, better than the 17 cents a share loss analyst expected. […]

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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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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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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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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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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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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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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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