KERING EYEWEAR AND MAISON CARTIER ENTER EYEWEAR AGREEMENT

In a move that could turn out to shake up the luxury eyewear industry, Kering Eyewear has entered an agreement to develop, manufacture and distribute Maison Cartier eyewear. The deal includes Compagnie Financière Richemont, Cartier’s owner, acquiring a minority stake of 30% of Kering Eyewear and integrating Cartier’s manufacturing facilities in …

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ACCESSORIES COUNCIL ANNOUNCES THE 21ST ANNUAL ACE AWARDS HONOREES

Every year, the Accessories Council pays tribute to leading designers, retailers, journalists, celebrities and emerging brands who have made significant contributions to the accessories industry over the last year at its Accessories Council Excellence (ACE) Awards. This year marks the 21st year and the ceremony is scheduled for Monday, August 7, …

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IVANKA TRUMP FINE JEWELRY FOLDS IN FAVOR OF MASS MARKET LINE

Ivanka Trump is eliminating its fine jewelry collection, which has been floundering in recent months, and is turning its jewelry efforts into promoting its mass market line instead. Abigail Klem, president of the company since its founder’s departure post-election, issued a statement saying, “As part of our company’s commitment to offering …

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FAST FASHION BRAND ZARA REPORTS HUGE GAINS, H&M SEES A DOWNTURN

Zara owner Inditex reported a whopping 13% sales gain, from February 1 to March 12 of this year, and does not show any signs of slowing down. The increase was due to new, on-trend spring merchandise introduced during that period, which happened to see warmer than usual temperatures worldwide. The …

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NRF AND OBJECT MANAGEMENT GROUP PARTNER ON RETAIL TECHNOLOGY

The National Retail Federation (NRF) and Object Management Group (OMG) have announced their new partnership that allows for OMG to manage a portion of the functions previously performed by NRF’s Association for Retail Technology Standards division. Under the partnership, OMG will assume responsibility for the following standards: • Retail Data …

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UNDER ARMOUR TAPS CLAY DEAN AS CHIEF INNOVATION OFFICER

Under Armour has announced that Clay Dean has joined its executive ranks as Chief Innovation Officer. Dean comes to the company after more than 20 years at General Motors (GM) and will be responsible for driving Under Armour’s global vision and strategy for Innovation, and cross-functional collaboration with its internal Design, Marketing, Product, …

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THE INDUSTRY’S LATEST COPYRIGHT INFRINGEMENT LAWSUIT

As a 70-year old footwear brand, it’s safe to say Dr. Martens has a corner on the black, lace-up combat boot market. Still, that didn’t stop Steve Madden from allegedly knocking off the brand’s instantly-recognizable 1460 style, according to a new lawsuit filed by Dr. Martens’ parent company AirWair International Ltd. …

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