BACK ON THE BEAT: More than two-thirds of the retailers tracked by Thomson Reuters exceeded analysts’ estimates for January comparable-store sales — 68 percent, versus just 44 percent in December — and the 4.2 percent jump among all stores beat both the 2.7 percent estimate for the month and the 3.3 percent rise for January 2010.
BEST IN CLASS: Limited Brands Inc. took top honors among retailers reporting results Thursday with a 24 percent comp gain led by a 35 percent pickup at the Victoria’s Secret unit. Limited’s corporate performance was nearly quadruple the 6.7 percent increase analysts expected, and the VS division’s gain was more than three times the 11 percent estimated. Limited’s Bath & Body Works was up 9 percent, a fact lost in the excitement over the double-digit rise of its older sister. VS was hardly a beneficiary of weak year-ago performance — its January 2010 comps were up 17 percent.
NOT-SO-GOOD RIDDANCE: Three teen retailers preparing to discontinue monthly comp reports hardly distinguished themselves in their final filings. American Eagle Outfitter Inc.’s 6 percent decline was the worst number reported by any retailer, and Abercrombie & Fitch Co.’s 4 percent drop was more than twice the 1.9 percent dip penciled in. Aéropostale Inc., with a 1 percent gain, outperformed expectations of a 2.9 percent drop, but it wasn’t sufficient to keep teen apparel from emerging as the weakest category covered, with a sectoral decline of 2 percent.
NO EXCUSES: The two largest U.S.-based off-price chains, The TJX Cos. Inc. and Ross Stores Inc., were up 12 and 8 percent, respectively, in January 2010, setting them up for an easy “up against strong numbers” alibi. Instead, they came through with increases of 2 and 3 percent.
EXCLUSIVE: @tomford is opening its first-ever beauty store. The boutique, which opens November 20 in London’s Covent Gardens, was designed with the over-the-top glam Ford is known for. Read the full story on WWD.com, link in bio. #wwdbeauty #wwdnews (📷: Simon Wagner) #TomFordBeauty
New York-based DJ @harleyvnewton threw a party to celebrate the holiday collection of her dress and pajama line @hvn at the Ladurée Beverly Hills. It Girls @katebosworth, @rashidajones and more joined in on the fun, which included cocktails, croque monsieur sandwiches and a photo booth. #wwdfashion (📷: Owen Kolasinski/BFA.com)
For the holidays, @Burberry partnered with 20-year-old artist @blondeymccoy on a series of three outdoor murals in downtown Manhattan. The murals are McCoy’s interpretation of a Christmas eve party, the idea of charity and the spirit of family. His third mural, pictured here, is the most personal. The image depicts McCoy’s grandparents and father in London’s Trafalgar Square in the Seventies. “My work often features lots of sentimental objects.” #wwdeye
For spring 2018, designers applied bold colors and cartoonish motifs on everything from sneakers and belts to key chains. See all the top men’s accessories trends on WWD.com. #wwdtrends (📷: George Chinsee; Prop Styling by @rnasti; Market Editor: @luiscampuzano)
The @dior-sponsored @guggenheim international gala pre-party has a history of drawing cool-girl musical acts to serenade the crowd –– and last night was no exception. @haimtheband performed songs both new and old, and lured a star-studded audience with the likes of Rebecca Hall, Kate Mara, Mamoudou Athie and more. #wwdeye (📷: @lexieblacklock)
In a partnership between the @metopera and the @englishnationalopera, “Marnie” was born. The opera, with costumes sponsored by @mrporterlive, is an adaptation of the 1961 thriller by Winston Graham. Arianne Phillips, who created the costumes, is no rookie: She’s styled Madonna for her tours and created costumes for a myriad of films in the past. Read WWD’s interview with Phillips, where she talks about her inspiration for the opera’s costumes on WWD.com #wwdfashion
@barneysnyc took a different approach to their holiday windows this year. Instead of Christmas decor, Barneys tapped @thehaasbrothers to tell a story of positivity, gratitude and inclusivity via heartwarming silliness and humor. “It’s about kids and it’s about coming together and being family and loving each other,” said Simon Haas. #wwdfashion (📷: @joshuascottphoto)
Beauty influencer @kandeejohnson makes her foray into hair care with a collaboration with @ogx_beauty — making it the first time that OGX has teamed up for a product creation. The collab includes shampoos and conditioners in three scents. At 39 and a mom, Johnson is a different profile than the emerging social media stars, but is considered one of the pioneers of the digital beauty influencer world. Read WWD’s interview with her on wwd.com, including the strangest beauty product she’s ever tried #wwdbeauty