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Friday, June 02

Retail

Spending on Luxury Goods Decelerating

The latest Saks Luxury Pulse reveals consumers are more focused on saving and travel, and budgeting less for luxury goods.

Retail

Macy's CEO Notes Consumers 'Under A Lot of Pressure'

As the retailer reports a tough first quarter, it is moving quickly to mark down excess merchandise and adjust inventories for the back half of the year.

Retail

Louis Vuitton Launches in the Hamptons

For its first store in the Hamptons, the French luxury brand picked a prime location.

Retail

Lands' End Narrows Loss, Swimwear Shines

Swim and related products, moderating supply chain costs and targeted promotions helped the Dodgeville, Wisconsin-based brand navigate the challenging macroeconomic environment.

Retail

French Shoe Brand Kleman Opens Paris Flagship

The utilitarian workwear brand is opening in the Marais as it expands its fashion footprint.

Retail

Saks Extends Its Brand of Personal Service to Luxury Resorts

In locations where it doesn't have a store, Saks is partnering with Marriott International and other resort operators to establish Fifth Avenue Clubs personal service and styling suites.

Retail

Nordstrom Beats Expectations, Cites Progress in Improving Operations

CEO Erik Nordstrom said the company is enhancing its customer experience, improving Rack, increasing inventory productivity and optimizing its supply chain.

Retail

Garment District Committee Discusses $4.5M Zone Revitalization

The group met Wednesday to discuss challenges and opportunities for the Garment District revival.

Retail

Lafayette 148 Opens First Beverly Hills Store

The new store is the only full-price location in California for the luxury womenswear brand.