William Ackman has left the board of J.C. Penney Co. Inc., and while the public squabble is over, the retailer still has the same key problems as before: lackluster sales, the need to stabilize its financial situation and the question of when it finds a new chief executive officer.
Wal-Mart Stores Inc., Nordstrom Inc. and Kohl’s Corp. all cut annual profit projections Thursday — joining Macy’s Inc., which a day earlier kicked off the second-quarter earnings season on a surprisingly sour note.
Macy’s sneezed Wednesday — and all of retail got the shivers. After a long string of quarterly comp-sales gains, Macy’s Inc. took a stumble in the second quarter due to consumers tightening up, leading to weakness in juniors, jewelry, shoes, cosmetics, fragrances and watches.
Competitor or partner? That’s the question brands face in dealing with the behemoth of Amazon, whose vast operations compete with fashion brands and department stores in e-commerce. But these same brands and stores also are paying Amazon to advertise on its pages, which represent prime real estate in the ever-competitive e-commerce world.
Everyday jewelry has long since become the term for pieces that, while precious, can be worn day to night, seven days a week. On the other end of the spectrum, more ornate statement jewels are generally reserved for special occasions.
With more than a dozen shows and subshows spread throughout hotels and convention centers around town, navigating the venues can be daunting. Here are some key highlights, changes and additions to the lineup in Las Vegas.
Ralph Lauren’s Purple Label may soon gets its own home. During a walk-through of his spring men’s wear presentation here Tuesday afternoon, the designer showcased an expanded presentation of his most luxurious offering with a blown-out sportswear and accessories component.
The 29-year-old Brit’s current projects include a just-signed deal with indie cosmetics brand Eyeko; an upcoming book, “It,” and a contributing editorship at British Vogue. That’s in addition to her DJing, modeling and presenting daily on a music TV show, “Fuse News.”
#MFW Designer Inspirations: "A 'poster collection' that marks a radical turnaround for creativity: a collection of elements in predominantly white, no color that embodies, in block, all shades of the rainbow." - Tommaso Anfossi and Francesco Ferrari, @cote.official
Front row at @fendi: @elliegoulding was at the show, fresh off releasing the finale song for the latest Bridget Jones flick. "I grew up with Bridget Jones and it was exciting and fun to work on the song. It's a fun and amazing character and I can relate to her." - Goulding #MFW
#MFW Designer Inspirations: "An evocation of dreams, hopes and memories, like a bottle with a letter inside or a magic lamp that looks after your own desires." - Salvatore Piccione on @piccione.piccione's spring collection
“I love the idea that her army and her women landed at Deauville’s beach in 1930,” Erdem Moralioglu tells WWD about his Spring 2017 collection. “To me, the show was about a landing. There was something so very interesting about the idea, these 1650 nipped-in jackets with these Deauville-y cropped trousers and these sun hats.” #lfw 📷: @giovanni_giannoni_photo