Accessories

Louis Vuitton is making a move to grab its share of the booming online shopping market in China.   The French fashion brand quietly debuted an e-commerce website that sells leather goods, small leather goods, shoes, accessories, watch and jewelry, luggage, and perfume. The site marks Louis Vuitton’s 11th e-commerce market since it launched its first site in France in 2005, according to CNBC.  

Abercrombie & Fitch is setting its sights on Chinese teens in a new partnership with China's online giant.   The retailer will start selling its namesake brand and Abercrombie kids line on Alibaba Group's Tmall website, starting on July 26. Tmall, which is China's largest consumer website for brands and retailers, has carried Abercrombie's Hollister brand since 2014.  

Online luxury consignment retailer The RealReal is taking its resale model into the physical space.    The retailer plans to open its first-ever permanent retail location in November,  in Manhattan's SoHo neighborhood, reported Women's Wear daily. The two-level, 8,000-sq.-ft. store will showcase items from all of The RealReal's categories and also feature contemporary artwork and a wall of Hermès bags, according to the report. It will host classes and discussions.  

Gymboree Corp. is "right-sizing" its store footprint.  

With plans to triple its store portfolio in six years, Parfois needs to expertly anticipate demand and gain global visibility into its inventory.   By partnering with Oracle, the accessories retailer is one step closer to scaling its operations. Parfois added the Oracle Retail Merchandise Operations Suite and the Oracle Retail Warehouse Management System — two solutions that will support the company’s high growth and international expansion plans.  

Skechers has debuted a new store format in its largest mall location to date.    The company has opened a 24,000-sq.-ft. outlet store at Ontario Mills, Ontario, California, that houses one of the widest assortments of Skechers products under one roof, with dedicated departments for the brand's various lifestyle and performance collections for men and women. The new Skechers Superstore also features a fun kids’ area, complete with a candy shop and a theater space screening Skechers cartoons.  

Gymboree has filed for Chapter 11 bankruptcy protection.    The retailer announced the filing, which had been expected, on Monday morning. The chain said it has partnered with AlixPartners to assist with turnaround efforts.   

As H&M braces for the opening of its first Arket store, it is already putting a plan in motion for its second location.   The fast-fashion chain announced in March that is plans to launch its new brand, Arket, in early fall. Arket, H&M’s first new brand in three years, will feature merchandise men, women and children, and a smaller, curated assortment of home goods.  

Coach has made it official.   The upscale handbag and accessories retailer launched a formal tender offer to acquire Kate Spade & Company for $18.50 per share in cash. Coach announced its plans to acquire the brand at the beginning of May, in a deal that has a total value of $2.4 billion.   

Shoe Palace is moving into the cloud to enhance its omnichannel operations.   A preferred Nike retailer, Shoe Palace is known for its high-end athletic footwear and apparel, and top-notch customer service. The family-run business opened its first store in San Jose, California in 1993. Today, the company operates 118 stores nationwide, and an e-commerce site.