Despite stores trying to kick off holiday shopping earlier this year on Thanksgiving day, data released by ShopperTrak shows foot traffic to stores on Thanksgiving and Black Friday was down 1.6 percent from last year.
VF promoted Johan De Niel and Peter Kats to VP, Brand Wrangler EMEA and VP, Brand Lee EMEA, respectively, and created the Senior Sales Director of VF Jeanswear EMEA and Senior DTC Director of VF Jeanswear EMEA positions.
Invista, owner of the Lycra brand, will use the upcoming Kingpins Show in NYC to preview a new technology platform for bi-stretch fabrics and a collaboration with Who What Wear addressing common "denim dilemmas."
Shares of retailers such as Macy’s Inc and Wal-Mart were up on Monday following a promising start to the holiday season and ahead of what is expected to be the largest U.S. online shopping day in history.
The key to winning a loyal following in the new generation of Millennials – the key target market for all fashion houses - is emotion, insists François Henri Pinault, CEO of French luxury conglomerate Kering Group.