Fashion Accessories Shippers Association – Connecting Cargo Globally
Wal-Mart Stores Inc., the world’s largest retailer, reported weaker-than-expected quarterly earnings and lowered its annual forecast, citing higher costs from adding worker hours as well as weaker margins in its U.S. pharmacy business. Shares fell 3.1% to $69.71 to trade at its lowest in 2-1/2 years, according to Reuters. Net profit attributable to the company […]
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Liberty Interactive Corp., the parent company of home shopping network QVC, has agreed to buy flash sales site Zulily Inc. for $2.4 billion in cash and stock. Online retailer Zulily, which launched in 2010 and went public three years later, targets “Millennial moms” with maternity gear, baby clothes and other products. The price represents a […]
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J. C. Penney Company Inc. is turning out to the be (not so little) retailer that could, with Zacks Equity Research giving its stock a Buy rating and narrowed losses pointing to a continued upward trajectory. With net sales up 2.7% ($2.88 billion compared to $2.80 billion in the second quarter of 2014), the company […]
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Clever packaging helps retailers display tiny jewelry, merchandise multiples and show how to wear trends. They call packaging the “silent salesperson” and never has this been more important. As jewelry gets smaller, more confusing (ear crawlers!) and often filled with meaning, explanations are often needed to make the sale. As retailers are increasingly stretched in […]
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As kids across the nation get ready for back to school, many in the neediest school communities are held back, all which impacts learning. To help, American Eagle Outfitters and STATE Bags are donating 20,000 new STATE backpacks (plus thousands of school supplies) to needy students served by Teach For America, allowing them to enter […]
The post American Eagle Outfitters Takes BTS to Next Level appeared first on Accessories Magazine.
Nordstrom, Inc. reported Q2 earnings and once again, the news was good. Meeting expectations, total net sales increased 9.2%, marking the fourth consecutive quarter of high-single-digit growth. Q2 net earnings were $211 million and earnings before interest and taxes were $377 million, or 10.5% of net sales. The Company’s strategic growth investments, including its entry […]
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After our editors have toasted the holidays at all the “Xmas in July” previews, posed with Santa and sipped eggnog, Accessories is launching its first-ever Holiday Gift Guide! This sponsored section will give retailers a peek into some of the best items for their holiday buys! This special online spotlight will feature holiday gifts of […]
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Macy’s revealed disappointing second quarter results, and it’s looking to China for future growth opportunities. In an earnings report, Macy’s Inc noted that revenue fell 2.6 % to $6.1 billion in the quarter, while its profit slipped from $292 million to $217 million. Macy’s cited a few reasons for the drop: One, it lost revenues from […]
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So just how will that elusive Millennial/Gen Z consumer navigate the malls, the web and social media as they plan this year’s back to school shopping? Teen Vogue and the International Council of Shopping Centers (ICSC) set out to explore just that, as well as how much teens plan to spend, reasons for shopping in-store versus […]
The post Teen Vogue and ICSC Study: How Millennials Shop appeared first on Accessories Magazine.
Hang up those wall calendars, sync your mobile phones and start making travel reservations: the 2016 New York Market Week dates have arrived. The key dates for the accessories industry are as follows: 2016 January 11-15 February 1-5 –(department store shop) March 7-11 May 2-6 August 1-5 November 7-11 The New York market dates are […]
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