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Even Neiman Marcus Can’t Escape Department Store Woes

Neiman Marcus reported dim results for both its Q4 and full fiscal year, marking the fourth straight quarter of sales declines for…

Ralph Lauren, Michael Kors Fall Victim To Wholesale Luxury Blues

UPDATE: Michael Kors will no longer participate in department store promotional sales as of February 2017, according to John Idol, Chairman, CEO and Director…

As Burberry And Tom Ford Dip Into Fast Fashion, Will More Luxury Retailers Do The Same?

While luxury fashion retailers have traditionally built their business models on hyping long-awaited clothing lines and accessories, Burberry will take a page…

Broadway, Baby: Nordstrom To Market Tony Awards Red Carpet Looks

The demand for fast fashion has led some brands to think outside the box of traditional commerce to compete with key players…

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