Azzedine Alaïa has died, aged 77. One of the greatest influencer-designers, he defined body-con dressing, staying relevant as trends changed via his signature style, and being the first designer to go seasonless.
96 percent of retailers reported organized retail crime in the 13th annual National Retail Federation study published today. Losses increased to $726,351 per $1 billion in sales, up from $700,259 last year.
The South Korean cosmetics brand Dr.Jart+, which specializes in targeted skincare products presented in futuristic-looking packaging, is in the process of intensifying its international expansion efforts.
La Perla has launched its own version of try before you buy and will add features to it that reflect the brand’s luxury profile to differentiate it from try now, pay later options offered by other fashion e-tailers.
Wal-mart reported better-than-expected U.S. comparable sales on Thursday, as customers stocked up on food and other supplies ahead of hurricanes and online purchases soared, sending its shares up more than 8.5 percent.
Coats Group, the leading manufacturer of sewing thread and supplies, shrugged off ongoing pricing pressures and a continued mix demand from clothing retailers as it announced a 2% increase in sales on Thursday.