Amazon and Target weren’t the only ones pulling in record sales this weekend. Small-Business Saturday, which encourages consumers to spend their dollars at independent retailers and restaurants during the U.S.’s busiest shopping holiday weekend, appears on track to smash its own sales record for 2018. American consumers reported spending an estimated $17.8 billion at small…
Read moreWhy H&M’s Sales Surged This Quarter While Asos’ Faltered
After several years of declining profits and mounting inventory, H&M finally had some good news for investors on Monday: Sales rose 12 percent in the three months through November, it said, the fastest growth it’s seen since 2015. Revenues for the quarter hit 56.4 billion kronor ($6.2 billion) excluding VAT, beating the 56.1 billion kronor…
Read moreConsumer Spending Is Still Strong, But Here Are Signs It Could Be Peaking
Consumer spending in the U.S. is expected to remain strong during the holiday season thanks to positive employment conditions and a recent acceleration in wage growth, Moody’s Investors Service said in a new report out Monday. However, as interest rates rise and other costs increase, Moody’s expects consumption to grow at a slower pace in 2019. In…
Read moreHailee Steinfeld Slays in Sexy, Skintight Leather Boots & Sequin Slit Dress
While she didn’t perform during Friday night’s iHeartRadio Jingle Ball in Los Angeles, Hailee Steinfeld sure made waves when she hit the stage in an eye-catching sequined look complete with killer boots. Hours after rocking a pantsuit at a photocall for her new animated Spider-man film, the 21-year-old “Let Me Go” hitmaker stepped out for…
Read moreCardi B Takes Courtside Fashion to a New Level in a Chanel Suit and Louboutins
Cardi B upped her courtside fashion game in a big way at Friday night’s Boston Celtics-Atlanta Hawks matchup. While jeans and sneakers are the usual game-day fare for most basketball fans, the 26-year-old singer joined husband Offset in the stands at Atlanta’s State Farm Arena dressed in a chic cream and black tweed miniskirt suit…
Read moreKate Middleton and Prince William Visit Leicester to Honor Victims of Helicopter Crash
Click:F70230-1 Kate Middleton and Prince William visited Leicester, England, today to pay tribute to victims of a helicopter crash. The duo attended two somber events: one at the city’s university and another at its King Power Stadium. For the occasion, the Duchess of Cambridge wore a fitted Catherine Walker coatdress, a brand that she frequently chooses…
Read moreKering Partners with Michelle Obama for French Leg of Book Tour
Kering is partnering with Michelle Obama for the French portion of her tour promoting the blockbuster memoir “Becoming.” “I am extremely proud to provide partnership support for Michelle Obama’s Paris appearance, as an illustration of the core values and beliefs we share in common,” said François-Henri Pinault, Kering chairman and chief executive officer. The luxury giant will invite 250 female students…
Read moreWhat Does the Black-Tie Dress Code Really Mean?
The holiday party season will soon be in full swing, and you may find an invitation arriving at your door — or your inbox — that calls for black-tie attire. Not surprisingly, the formal dress code can stir up some serious fashion anxiety for even the savviest of style enthusiasts. No one wants to get…
Read moreHow to Watch the 2018 FN Achievement Awards
One of the footwear industry’s biggest annual events is almost here. The 2018 FN Achievement Awards will take place on Dec. 4, with business leaders, A-list celebrities, big-name influencers and more gathering at the IAC Building in New York to celebrate veteran brands, emerging talents and revitalized retailers. “This year was complex, for a number…
Read moreSequential Confirms Camuto Will Keep Jessica Simpson Shoe License Under DSW
Last month in a major industry shakeup, Camuto Group was acquired by Authentic Brands Group and DSW Inc. in a blockbuster $375 million deal. The surprising news left many speculating about the future of Camuto’s portfolio of brands under the new ownership. Today, the New York-based Sequential Brands Group clarified that the hugely successful Jessica…
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