News

Thursday, September 22, 2016 at 12:59pm
Accenture has inked an agreement to acquire Kurt Salmon, a move that gives it a deeper penetration in the areas of retail operations and merchandising. Terms of the transaction were not disclosed. Kurt Salmon, a global management company, is a subsidiary of Management... read more
Thursday, September 22, 2016 at 12:44pm
PARIS — Comité Colbert is out to win back the hearts of luxury tourists from Japan and the U.S., with plans to devote the next few years to promoting French art de vivre in those countries. Paris, the most visited city on earth, stands to lose as much as $1.5 billion in tourist... read more
Thursday, September 22, 2016 at 12:38pm
As the lines between apparel and athleticwear blur, Coterie effectively integrated a selection of activewear brands. Boutique owners are finding their clientele not only want street wear, but also want a selection of performance wear that is appropriate for other activities.... read more
Thursday, September 22, 2016 at 12:23pm
REAL ESTATE BUBBLE: There were press reports on Thursday that Pierre Cardin’s Bubble Palace, which is for sale, is Europe’s most expensive home, with an asking price of about $456 million. But the reports were wrong — even though the house still isn’t cheap. “The sale price... read more
Thursday, September 22, 2016 at 12:23pm
REAL ESTATE BUBBLE: There were press reports on Thursday that Pierre Cardin’s Bubble Palace, which is for sale, is Europe’s most expensive home, with an asking price of about $456 million. But the reports were wrong — even though the house still isn’t cheap. “The sale price... read more
Thursday, September 22, 2016 at 12:21pm
Invista Inc.’s Lycra brand and its Lycra Moves You product development and marketing program have written a new chapter. Driven by consumer trends and the desire for market share, the stretch specialist has launched Lycra Moves Athleisure, aimed at the intimate apparel market.... read more
Thursday, September 22, 2016 at 11:35am
Twenty-four hours before two bombs were detonated Saturday at a Jersey Shore military race and later amidst a busy sidewalk in Chelsea, author Unni Turrettini happened to be in New York discussing her book “The Mystery of the Lone Wolf Killer.” Bewildered after Anders Behring... read more
Thursday, September 22, 2016 at 11:33am
Retail marketing has gone through a major shift in the past several years — moving from reactive to proactive as more customer data becomes available. Shopping has always been a personal experience, but with unprecedented access to customer likes, dislikes and preferences... read more
Thursday, September 22, 2016 at 10:02am
On Wednesday night at Lincoln Center, while one man in street clothes pushed his upright bass into a back entrance of David Geffen Hall, a procession of suits and ladies in gowns were making their way down the red carpet. The crowds had come out to celebrate the opening night... read more
Thursday, September 22, 2016 at 10:00am
Saks Fifth Avenue will open a 200,000-square-foot store in Montreal by carving out space from the 650,000-square-foot Hudson’s Bay store on Boulevard de Maisonneuve. Hudson’s Bay Co., the parent of Saks Fifth Avenue, Hudson’s Bay and Lord & Taylor department stores, said... read more

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