NRF: RETAILERS WELCOME NEW ONLINE SALES TAX PUSH

Saying that “Congress has stalled for too long,” the National Retail Federation welcomed renewed efforts in Congress to require online sellers to collect sales tax the same as local stores. “With more states passing sales tax laws or going to court, pressure is building on Congress to finally address this …

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ARE FOOD & WATER FASHION’S NEXT FRONTIER?

Checked Instagram lately? You’re just as apt to see the hottest foodie trend (hint: #unicornfood) or Millennial Pink water bottle than the latest jewelry style. The US Commerce Department’s March retail sales report showed that food services and drinking places sales in the first three months of this year rose 3%, while department store sales slid 6.6% and clothing and fashion accessories stores sales fell 2.6%.

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MACY’S CELEBRATES 7TH ANNUAL VENDOR WORKSHOP

Macy’s CEO and President Jeff Gennette turned out to celebrate the 2017 class of The Workshop at Macy’s with an event at the Herald Square flagship. Now in its seventh year, The Workshop at Macy’s is a free, week-long intensive exclusive retail vendor development program for high-potential minority and/or women business …

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AMAZON DEBUTS ECHO LOOK: A ‘STYLE ASSISTANT’ THAT WILL JUDGE YOUR OUTFITS

    Would you ask a computer to judge your outfit and offer style advice? E-commerce giant Amazon has announced just that with Echo Look, a “style assistant” camera that helps catalog your outfits and rates your look based on “machine learning algorithms with advice from fashion specialists.” And if …

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NEW BERGDORF GOODMAN CONCEPT SHOP TO CHANNEL LINDA FARGO’S TASTE AND STYLE

Consumers will soon be able own some of the “tastes, latest obsessions and fascinations” of Linda Fargo, Bergdorf Goodman’s Senior Vice President, Women’s Fashion Director and Store Presentation. Bergdorf Goodman is launching a new concept shop called Linda’s at Bergdorf Goodman. With a soft launch this Saturday in-store and online on BG.com, the …

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J.CREW TO CUT 250 JOBS IN REORGANIZATION

Changes are afoot at J.Crew. The company recently lost its iconic Creative Director when Jenny Lyons stepped down, and the company is reorganizing to better position itself for sustainable and profitable growth. To that end, J.Crew will cut approximately 150 full-time and 100 open positions, primarily from its corporate headquarters. Such changes are …

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GUCCI MAKEOVER BOOSTS SALES A RECORD 48.3%

The Gucci Effect–fashion’s newfound willingness to mix pieces of clashing moods, patterns and genres into a completely unique whole–isn’t just driving trends in fashion, it’s exploding the Gucci brand proper. According to reports, Gucci sales rose a record 48.3% on a comp bases in 2017’s fiscal Q1.  Wholesale rose 37% and Gucci stores …

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JEWELRY, OUTINGS TO DRIVE MOTHER’S DAY SPENDING TO RECORD-HIGH $23.6 BILLION

Consumers say they will spend more than ever on Mother’s Day this year as they shower moms with everything from jewelry to special outings at favorite restaurants, according to the National Retail Federation’s annual survey conducted by Prosper Insights & Analytics. Mother’s Day shoppers are expected to spend an average …

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AAFA HONORS INDUSTRY LEADERS AT 2017 AMERICAN IMAGE AWARDS

It was a star-studded industry evening as The American Apparel & Footwear Association welcomed executives and personalities from fashion and retail for its 39th AAFA American Image Awards held at the historic 583 Park Avenue. Emceed by award winning actor Alan Cumming, the event celebrated the industry’s finest while benefiting the …

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CONSUMERS INCREASINGLY EMBRACING BRANDS THAT GIVE BACK

Giving is the new receiving. As many brands turn to philanthropy and consumers assuage “fashion guilt” with items that offer percentage-based donations, having a cause-based element in the retail formula is smart business. When choosing between two brands of equal quality and price, 90% of U.S. shoppers are likely to …

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