Tuesday, February 9, 2016 at 12:55pm
LONDON — Smythson’s new chief executive officer Mark Daley has begun polishing the luxury stationery and leather goods brand from the inside out, preparing the company for a growth spurt that involves store openings, a wider variety of leather and paper goods, and a greater... read more
Tuesday, February 9, 2016 at 10:19am
Import cargo volume at the nation’s major retail container ports is expected to decline year-over-year for the next few months, but the first half of the year should still amount to a 4.5 percent increase compared with the same period last year, according to the monthly Global... read more
Tuesday, February 9, 2016 at 9:49am
Digital “savings destination” company RetailMeNot Inc. delivered results ahead of its own estimates and vowed that it would continue to make investments in mobile. The push into mobile is amid an overall consumer shift in using mobile devices such as smartphones for online... read more
Tuesday, February 9, 2016 at 9:37am
MILAN — Revenues of the Italian fashion industry are expected to climb 2.5 percent in the first half of 2016, according to the latest Fashion Economic Trends study presented by the Italian Chamber of Fashion on Tuesday. The year 2015 “will be remembered as one of exceptional... read more
Tuesday, February 9, 2016 at 9:29am
MILAN — Carlo Capasa, president of the Italian Chamber of Fashion, said Tuesday that this season Milan Fashion Week will introduce the #MFW by Twitter Mirror, a collaboration between the association and Twitter Italia that will showcase the chamber’s Twitter account, interviews... read more
Tuesday, February 9, 2016 at 9:18am
ISN’T IT ROMANTIC?: Karl Lagerfeld is to design costumes for “Brahms-Schönberg Quartet” at Opéra Bastille this summer, WWD has learned. Benjamin Millepied, who is stepping down as the Opera’s director of dance, enlisted Lagerfeld for the George Balanchine dance piece, slated... read more
Tuesday, February 9, 2016 at 8:47am
WASHINGTON — President Obama proposed increasing federal funding to strengthen the government’s cybersecurity, expand resources for trade negotiations and enforcement and crack down on counterfeit products in the federal budget blueprint he sent to Congress on Tuesday. Obama’s... read more
Tuesday, February 9, 2016 at 8:32am
Sears Holdings Corp. is accelerating its effort to close 50 stores and eyeing its real estate portfolio during the first half of this year, which could result in additional asset sales and closures. The ramp-up comes amid weak same-store sales results for the fourth quarter and... read more
Tuesday, February 9, 2016 at 8:20am
U.S. retail stocks bucked a down market and rose in early trading today. The S&P 500 Retail Industry Group gained 1.1 percent to 1,078.86 shortly after the opening bell on Wall Street even as the Dow Jones Industrial Average fell 0.3 percent, or over 47 points, to 15,979.76... read more
Tuesday, February 9, 2016 at 7:55am
On Monday morning, Sikh actor, jewelry designer and fashion party fixture Waris Ahluwalia posted a photo to his relatively new Instagram account to share news that he had been prevented from boarding an Aeroméxico flight departing from Mexico City because he wears a turban, as... read more