WAL-MART ACQUIRES SHOEBUY FOR ABOUT $70M

Wal-Mart Stores Inc. seems bullish in growing its online business. Just recently, it acquired the fashion e-tailer ShoeBuy through Jet.com. Wal-Mart reportedly secured the deal for about $70M from IAC, a U.S. media and internet company. Wal-Mart seems optimistic about this endeavor. “Jet.com will gain the experience of a well-established e-commerce …

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Yes, the Shoe Fits! Why You Should Carry Shoes in Your Store

In recent years, department stores and specialty chains have stepped up their footwear game with revamped, expanded and elevated shoe departments. Macy’s has the largest shoe department in the world at 66,000 square feet, while Saks Fifth Avenue’s 10022-SHOE department has its own zip code. Barneys has a 22,000 square …

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Moves: Coach Names New CFO; Nordstrom CTO Leaving

Coach, Inc. announced the appointment of Kevin G. Wills as Chief Financial Officer, effective no later than March 2017. Mr. Wills joins Coach from AlixPartners LLP, a global business advisory firm, where he has served as Managing Director and Chief Financial Officer since March 2014. “Kevin brings nearly 30 years of broad-based and relevant retail and …

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DON’T MISS ACCESSORIES & L2 EDUCATIONAL PRESENTATIONS AT THE JAVITS NY WOMEN’S SHOWS

Hitting the Javits next week for Coterie, AccessoriesTheShow, EDIT, Sole Commerce or other UBM Fashion trade shows? Looking for some new ideas for your store? Need to better understand how to compete against Amazon and survive in an omnichannel world? Wondering what the must-know trends off the Fall 2017 runways are? …

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Fossil Group Adds 300 New Wearables to Its Multibrand Mix

Fossil Group is pushing its high-tech capabilities to 11. The company announced today from CES® 2017 that it will double its wearables production to an unmatched 300 new products and add new brands in 2017. The new connected products will span an assortment of Fossil brands: Armani Exchange entered the …

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