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.”
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