Today's Digital Daily
The fashion community is in wait-and-see mode as President Trump kicks off his agenda.
January 22, 2017
• Evan Clark
As Dior and Schiaparelli mark anniversaries, Versace has canceled its Atelier Versace couture show in favor of client events.
• Joelle Diderich
Consolidations are said to take place this week in advance of a trove of annual meetings.
• Alexandra Steigrad
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.
Results were impacted by costs related to the brand’s March acquisition by TPG Capital and Leonard Green & Partners and merchandise issues.
July comps were positive.
Sales rose 3.8%.
Comps also fall in the quarter.
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.”
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…
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…
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…
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,…
NEW YORK — Pennsylvania’s two retail Outfitters traveled different paths during the first quarter, with Urban Outfitters excelling with differentiated looks for the post-teen and American Eagle Outfitters disappointing with what it deemed…
Chargebacks are fees charged to a vendor by a retailer, and relate to everything from customer returns and advertising fees to mislabeled products and incomplete orders. Over the past decade, chargebacks have become a contentious issue between…
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.