URBAN'S BILLION: Urban Outfitters Inc. said Tuesday that it surpassed the $1 billion mark in total sales for the year ended Jan. 31. In a preliminary sales report, the retailer's total sales for the fourth quarter jumped 27 percent to $319 million from $252 million in the prior period, while sales for the year soared 32 percent to $1.1 billion from $828 million in the prior year. Urban said total comparable-store sales for the quarter showed an 8 percent gain. Comps at Urban Outfitters, Free People and Anthropologie showed gains of 13, 21 and 2 percent, respectively. "We are very pleased to report another record-breaking quarter, which pushed sales for the year above the billion-dollar mark for the first time," said Richard A. Hayne, chairman and president. "In addition, response to our spring offerings is strong across all three brands, with the Free People businesses leading the gains."
NEIMARK'S NEW GIG: Ira Neimark, best known for his stewardship of Bergdorf Goodman from 1975 to 1992 as chairman and chief executive officer, has joined Seiden Krieger Associates, an executive search firm, as a retail adviser. He will help Seiden Krieger identify and evaluate prospective candidates for the firm's clients in retailing, fashion, apparel and textiles. Neimark is also a director at Hermès and the Fashion Institute of Technology Foundation. He formerly served as an adviser to Mitsukoshi in Tokyo and was an adjunct professor of retail marketing at Columbia Business School, as well.
Assouline is paying homage to the late Azzedine Alaïa with a reprint of "Alaïa Livre de Collection.” The book is comprised of photographs of the designer's summer 1992 runway show with models Christy Turlington Burns, Naomi Campbell and Tyra Banks, pictured here at right. #wwdfashion #alaia #tyrabanks
Fall 2018 accessories take on a painterly hue, with Nebulas Blue among Pantone’s top 10 colors of the season. (📸: @jonghyupstudio ; editor: @twallz21 ; stylist and set designer: @haideefindlaylevin ) #wwdaccessories
@americanapparelusa is relaunching the brand outside of the U.S. today, opening its online store to more than 200 countries. The company is also contemplating a return to brick-and-mortar, though details have not been confirmed. In tandem with the expanded distribution is a recasting of a social media ad campagn, called “Back to Basics,” pictured here, with a focus on diversity and a cast of models above the age of 21. Read more on WWD.com #wwdnews #wwdfashion
Exclusive: @britneyspears is continuing to expand her brand. The pop icon, who appears in @kenzo ’s latest campaign, is partnering with Epic Rights to launch a line of branded merchandise. Read @hernameislex ‘s story, link in bio. #wwdnews #britneyspears
The Duchess of Cambridge channeled Princess Diana’s look upon giving birth to Prince Harry, when she and the Duke of Cambridge departed the hospital with the new baby Prince this afternoon in London. #wwdeye #princeofcambridge
The new Prince of Cambridge has arrived! The Duke and Duchess of Cambridge posed with the 8-pound newborn. She wore a look from one of her go-to designers, @jennypackham. Tap link in bio for more. #wwdeye #princeofcambridge
Jewelry label @alisonlou has made a name for itself with fine jewelry that speaks to the Millennial market. Now @twallz21 reports that the label is bringing those playful ideas to a new affordable line of lucite hoops with the launch of Loucite by Alison Lou. Here’s a look from the line modeled by @emrata. #wwdaccessories
@sarahjessicaparker and @gilt are teaming up on a bridal ready-to-wear line. Tomorrow, Parker will launch SJP by Sarah Jessica Parker Bridal — and as part of the launch, Gilt will offer 15 exclusive styles from the SJP by Sarah Jessica Parker footwear collection that were designed to complement the new line. Made out of 10 styles, the line is designed for a variety of occasions, from bridal showers to receptions. Get more details on WWD.com #wwdfashion