Macy’s Kicks Off Back to School Season
New York–Macy’s is hoping more classifications among its exclusive its brands will garner it a greater share of this year’s back to school business. Brands among the “fashionable and affordable” back...
View ArticleMacy’s Q2 Profit Beats Estimates, Raises Forecast
New York–Macy’s Inc., which operates Macy’s and Bloomingdale’s, reported today that its second quarter profits rose 64% as sales increased faster than expected. The departments store retailer also...
View ArticleIconix Q3 Profit Fall 5%, Expands Brand Portfolio
New York—Iconix Brand Group Inc., which owns brands such as London Fog, Roca Wear, Mossimo and Danskin, said Thursday its third quarter net income fell 5% while sales decreased 4%. For the...
View ArticleMadonna to Launch Another Brand, “Truth Or Dare
New York—Following on from the success of her Material Girl teen clothing line, Madonna is to launch a second label called Truth or Dare, this time focusing on women ages 27 to 50. The new line is also...
View ArticleIconix Lowers Full Year Forecast on Disappointing Q1
New York—Iconix Brand Group Inc, the licensing giant behind Candies, Danskin, Ed Hardy and Material Girl among others, lowered its full year forecast today after reporting its first quarter sales and...
View ArticleSibling Rivalry? Madonna’s Brother Delves into Fashion
London—Madonna has been drawing huge crowds to her MDNA tour, complete with controversial deliberate wardrobe malfunctions and brandishing fake pistols. But the singer may be getting some competition...
View ArticleIconix Ups Outlook on Strong Q1 Profit, Sales
New York–Iconix Brand Group, marketer of brand and licenses, reported day first quarter earnings that beat estimates, resulting in the company raising its forecast. For the quarter ended March 31, the...
View ArticleIconix Brands Posts Record Q3 Earnings
New York–Iconix Brand Group reported today record third quarter numbers this week, with revenue up 6% to $113.8 million and earnings per share up 23% to 73 cents. For the quarter ended Sept. 30, the...
View ArticleMadonna Revives ’80s Chic with New ‘Material Girl’ Line
You know that we are living in a material world, right? Just in case you forgot, Madonna’s bringing back her signature ‘80s flare with her brand new clothing and accessories line designed with her...
View ArticleIconix 2Q Revenues Surge 35%
New York– Buoyed by a rush of partnerships, licensing deals and initiatives, Iconic Brand Group, Inc. (Nasdaq: ICON) posted total revenues for 2Q at $76 million, a 35% increase compared to last year’s...
View ArticleMacy’s Flashes Back to the 80s with Material Girl Line
New York—It was Madonna Mania at Macy’s on Tuesday, as more than 200 tweens and their moms lined up outside Macy’s Herald Square to kick off of the Material Girl clothing and accessories launch, which...
View ArticleMacy’s Q2 Profit Beats Estimates, Raises Full Year Forecast
Cincinnati–Macy’s Inc.’s net income surged in the second quarter due in large part to its My Macy’s localization plans and its expansion into private label brands, store officials said today. For the...
View ArticleTeen, Back to School Season Sales Lagging This Year?
Traditionally an early barometer of the key back-to-school selling season, teen retailers are being watched closely for first signs of what the market can expect as this all-important period looms into...
View ArticleMadonna in Trademark Battle Over Macy’s ‘Material Girl’ Line
Los Angeles–Madonna might fancy herself the original “Material Girl” but L.A. Triumph begs to differ. The California clothing company has slapped Madonna with a trademark infringement suit, claiming...
View ArticleAugust Sales Exceed Expectations
While temperatures heated up much of the United States in August, retail sales warmed up a bit too, beating Wall Street estimates. Back to school sales helped figures as did more discounting which...
View ArticleSteve Madden Takes Over Betsey Johnson’s $48 Million Loan
New York—A week after Steven Madden Inc. took a $5 million stake in financially strapped Bakers footwear chain, the footwear and accessories company took over a $48.8 million loan for designer Betsey...
View ArticleMaterial Girls: Madonna, Lourdes, Appear at Macy’s NYC
New York—While fashion news from across the pond this week circles around which A-lister went to Kate Moss’ party for her new Longchamp handbags or next door at Namoi Campbell’s fete at Dolce &...
View ArticleBack to School Bolsters Sept. Sales
As parents bought back to school merchandise closer once again, September retail sales showed solid gains besting Wall Street’s forecasts. The results today give offer a more positive sign as the...
View ArticleMacy’s Jumps into Fast-Fashion Arena
New York–Macy’s is definitely acting on “Impulse.” The mega department store retailer is jumping on the designer collaboration bandwagon with a series of limited-edition women’s apparel lines launching...
View ArticleMacy’s Beats Q3 Profit Expectations
New York–Macy’s Inc reported today a better-than-expected quarterly profit citing the success of its My Macy’s localized buying and returning demand Bloomingdale’s chain. Sales rose 6.6% to $5.62...
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