On July 30, the U.S. Senate passed a six-year funding bill for surface transportation. The legislation includes most provisions of the Port Performance Act which FASA supports. The bill would […]
Trade — TPP Negotiators Make Progress, but Leave Maui without an Agreement
On July 31, Trade Ministers from the 12 countries negotiating the Trans-Pacific Partnership (TPP) Free Trade Agreement announced that they had made significant progress, but were unable to reach a […]
Expert Opinion: What Does a Neiman Marcus IPO Signal for Affluents
Pamela N. Danziger is an internationally recognized expert specializing in consumer insights for marketers targeting the affluent consumer. She is president of Unity Marketing, a marketing consulting firm she founded in 1992. Here, she discusses the Neiman Marcus IPO and what it might be signaling for the luxury customer. Neiman Marcus IPO: Time to Cash […]
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Haskell Takes Stake in Jewelry E-Tailer Charm & Chain
Fashion jewelry and watch manufacturer Haskell LLC is branching into e-tailing with a strategic investment. The company just announced plans to acquire 50% of online designer jewelry retailer Charm & Chain, which features both seasonal and classic designs from nearly 50 designers. Founded in 2008 by Ali Galgano, Charm & Chain offers a curated selection […]
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Infographic: Back to School Goes Mobile
In the Back to School (BTS) Shopping Goes Mobile in the U.S. infographic, advertising platform InMobi shows how mobile advertising influences the consumers’ buying decisions. The infographic highlights the consumers’ mobile shopping journey including how they are utilizing their mobile devices to shop, compare prices and research brand information, quickly and easily. Essentially, 62% will […]
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Governmental Notices: August 1st – August 7th
Among the items in this issue are links to / summaries of: TTB’s Announcement of Alcohol and Tobacco Tax and Trade Bureau (TTB) Partner Government Agency (PGA) Message Set Test; […]
Kors Posts Good News in First Quarter
Despite an overall slowing handbag market, lighter retail traffic and complaints of Kors oversaturation and discounting, Michael Kors posted positive–and better-than-expected–results in its fiscal 2016 first quarter ended June 27, 2015, driven by shoes and accessories. In a nutshell: Total revenue increased 7.3% to $986 million. Retail net sales increased 9.0% to $523.3 million driven […]
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Marchon Teams with Artists for Re-Visions of Art Showcase
While we all know that artists see the world differently, it’s still “eye-opening” to see artists take implements of vision and create artworks with it. At Re-Visions of Art, a creative collaboration between Marchon Eyewear and Innereactive Media, seven artists created one-of-a-kind works utilizing eyewear, lenses, frame parts, cases and printed materials produced by Marchon. […]
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Kathy Ireland Back in Sock Biz with KISS Legwear
It all started with socks and now it’s come full circle. Twenty years ago, model Kathy Ireland launched kathy ireland® Worldwide with a $50,000 loan and a desire to design a better pair of socks. Today, the $2.5 billion empire, according to Forbes, long ago surpassed sales of over one hundred million pairs, propelled her to […]
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Neiman Marcus Files to go Public…Again
Dallas, TX–Neiman Marcus Group, Inc. has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. It will ultimately trade under the ticker symbol NMG. Neiman Marcus had filed to go public once before, in June 2013, before owners TPG and Warburg Pincus sold it […]
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