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Business

Macy's cut profit outlook after weak quarter; confident for holiday

Macy's cut profit outlook after weak quarter; confident for holiday

Macy’s Inc cut its annual profit forecast for the second time this year on Thursday, blaming weak international tourism, warm weather and sluggish mall traffic for the first drop in same-store sales in two years.
today
Ready-to-wear
Business
LVMH gets access to Tiffany's books after it raises offer - sources

LVMH gets access to Tiffany's books after it raises offer - sources

French luxury group LVMH has persuaded U.S. jewelry chain Tiffany & Co to provide it with confidential due diligence after it raised its bid to close to $16 billion, people familiar with the matter said on Wednesday.
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Miscellaneous
Industry

Brazilian retailers Magazine Luiza and Lojas Marisa announce partnership

Brazilian retailers Magazine Luiza SA and Lojas Marisa SA announced on Thursday a partnership to sell smartphones and financial services in roughly 300 stores of apparel retailer Marisa.
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Ready-to-wear
Retail

Catalyst seeks financing to top Hudson's Bay deal: sources

Private equity firm Catalyst Capital Group Inc is seeking financing for a bid for Saks Fifth Avenue owner Hudson’s Bay Co that would top a C$1.9 billion ($1.4 billion) deal the retailer reached last month.
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Ready-to-wear
Business

Trade shows

Moda prioritises community feeling with launch of 'neighbourhoods'

Moda prioritises community feeling with launch of 'neighbourhoods'

The next edition of Moda, taking place on 23-25 February, will see the fashion trade show’s floorplan replace sectors with ‘neighbourhoods’ in an effort to strengthen its sense of community.
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Ready-to-wear
Trade shows
White shirts created in honor of Karl Lagerfeld will be on show at Pitti Uomo

White shirts created in honor of Karl Lagerfeld will be on show at Pitti Uomo

Officially presented last September, the collection "A Tribute to Karl: The White Shirt Project" will take pride of place at the next Pitti Immagine Uomo fashion industry show.
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Ready-to-wear
Trade shows

Pitti Uomo to focus on cutting-edge fashion with Stefano Pilati and Telfar Clemens

The designers of Italian label Random Identities and American label Telfar will bring their respective visions of contemporary fashion to Florentine menswear show Pitti Uomo on January 9.
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Ready-to-wear
Trade shows

United Nations, CFDA to talk sustainability at Kingpins New York

Part of Kingpins’ plan to bring an ethical focus its tradeshows worldwide, all panels of the upcoming New York show will focus on social and environmental issues related to the future of the denim industry. 
today
Denim
Industry