Today's Digital Daily
The versions of the "canceled dress" story told by Meryl Streep's publicist and by Karl Lagerfeld are both believable — and consistent.
• Bridget Foley
The designer will cease the Armani Collezioni and Armani Jeans brands.
• Luisa Zargani
“Nicole! A ‘lion’ roars!” a veteran reporter called to her. “More like a kitten,” she giggled.
• Marcy Medina
For cosmetics companies, beauty bloggers can mean big, big business.
Strategic investment in product, marketing, digital content and infrastructure dented the bottom line over the past year.
The company said November comps rose 6 percent.
The jobs front still presented a mixed picture in March: those who said jobs are “plentiful” rose, as did those who said jobs were “hard to get.”
Comps also fall in the quarter.
Results were impacted by costs related to the brand’s March acquisition by TPG Capital and Leonard Green & Partners and merchandise issues.
NEW YORK — Two Pennsylvania-based Outfitters had drastically different second-quarter results as one fulfilled its fashion fantasies and the other owned up to merchandising miscues.
Philadelphia-based Urban Outfitters Inc. said…
PARIS — The French Bourse responded favorably to L’Oréal’s first-half earnings results, which beat many analysts’ expectations more than twofold. The beauty giant’s stock closed Thursday at $74.01, up 5.8…
Nordstrom’s first-quarter earnings came in better than expected, although the outdistancing of estimates because of a systems error irked analysts.
NEW YORK — Leading off the earnings season for specialty stores, youth-oriented Charlotte Russe Holdings and Bebe Inc. Thursday saw their profits go in opposite directions even as both warned that uncertainty in the retail environment,…
WASHINGTON — Wholesale prices for domestically produced women’s apparel showed some signs of strength in October, with an uptick of 0.7 percent, but continued to decline on an annual basis, the Labor Department reported Friday in its…
Scott Friend, the co-founder and former president of ProfitLogic, which was acquired by Oracle this year, likes to tell a funny story about what retailing was like before the age of massive chains and mergers.
Retailers’ fourth-quarter sales and earnings season kicks off Thursday and the sector isn’t sitting as pretty as it did a year ago after a tough holiday.
NEW YORK — Sales growth has decelerated for most specialty store chains since the second half of last year, but that didn’t stop most from logging profit increases in the first quarter.
Among seven midsize chains reporting earnings this…
Second-quarter profits at Parlux Fragrances Inc. fell 44.3 percent to $2 million, or 10 cents a diluted share, from $3.6 million, or 18 cents a share, in the prior year, which included earnings from discontinued operations related to the Perry Ellis…