KEEPING PACE: January retail sales were expected to be a bit of a letdown, possibly even the end of a run of months stretching back to April in which stores’ same-store sales gains have exceeded 3 percent. Instead, comparable-store sales for the month averaged 4.2 percent higher, more than twice the 2 percent estimate provided by Thomson Reuters before Thursday’s flood of figures. Discounters carried the month, rising 6.1 percent, but the sectoral figure was even higher for specialty stores providing Gap Inc.’s 4 percent slide was excluded. With Gap, apparel specialty stores were up 3.3 percent; without it, the increase was 6.2 percent.RELATED STORY: Warm Weather Weighs on Comps; Luxe Shines >> BEARING THE BURDEN: Limited Brands Inc. had the second best comp gain versus expectations, its 6.3 point “surprise” to a 9 percent jump surpassed only by the 6.5 point outperformance of Zumiez Inc. and ahead of Saks Inc.’s 4.3 point elevation relative to estimates. Limited’s excellence in January was a bit one-sided, however, with Victoria’s Secret’s 17 percent gain offsetting declines of 3 and 8 percent, respectively, at the company’s Bath & Body Works and La Senza units. WHAT TO WISH FOR: Just as retailers were reporting January results on Groundhog Day, Punxsutawney Phil saw his shadow, supposedly translating into six more weeks of winter. Still, with temperatures hovering at ranges generally associated with April in much of the country, store officials seem more concerned about the arrival of winter weather than bothered by its persistence. Phil’s prognostication notwithstanding, the window of opportunity for outerwear and sweater sales is closing.
To celebrate Pride 2018, @themarcjacobs released the #GratefulNotHateful campaign, a social media initiative aimed at extending Pride beyond the parade. Inspired by Jacobs’ everyday outlook, the campaign features Jacobs along with a group of models and social media stars who are members and supporters of the LGBT community, all seen wearing @marcbeauty’s Highliner Gel Eye Crayons in colors of the rainbow. Head to our Instagram stories to see close-ups of the liner. #wwdbeauty
Virgil Abloh’s dad Nee and Don Crawley, cofounder of RSVP Gallery, were some of the hometown crew at the Chicago-born designer’s debut show for Louis Vuitton. (📸: @jdiderich ) #wwdmens #louisvuitton #virgilabloh
About last night: @marycharteris and @adwoaaboah hit up Hyde Park for the Serpentine Galleries’ annual summer party held in partnership with @chanelofficial. Head to WWD.com to see more photos. #wwdfashion
“This is Paris, my first show. I’m all about democracy. If some kid shows up, flew from New Jersey to just be around, let’s get him a seat.” — @virgilabloh tells WWD’s @jdiderich ahead of his first show for @louisvuitton men’s. (📸: @alfredo_piola ) #wwdmens #virgilabloh #louisvuitton
“Kate Spade was a true fashion icon who brought joy to the lives of women around the world, and inspired women to live life to the fullest. We are dedicated to carrying on her legacy,” said Anna Bakst, brand president and chief executive officer of @katespadeny. The Kate Spade Foundation announced that it will be donating $1 million to suicide prevention and mental health awareness in tribute to the recent death of Kate Spade. Read more on WWD.com. #wwdnews (📷: @chinseephoto)
A first look at @virgilabloh’s sneakers for @louisvuitton. Abloh spoke to WWD about his debut collection for Louis Vuitton, creating @kendalljenner’s #metgala outfit and redefining the heritage brand. Read the full story on WWD.com. #wwdfashion 📷: @alfredo_piola)
The world’s largest producer of denim @iskodenim is sharing the strategy behind its product development process. Read our full interview with ISKO’s product development manager Baris Ozden on the company’s extensive research practices, upcoming denim trends and the latest material innovations on WWD.com. #iskodenim