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Apparel

  • Study: Nordstrom--online and in-store--top luxury retailer

    New York -- Nordstrom came out on top in a ranking of luxury retailers by the Luxury Institute.    According to the group's 2014 Luxury Multichannel Engagement Index, Nordstrom had the highest incidence of customers spending online (26%) and in-store (45%). It also led in its share of total fashion spend (17%).   
  • Luxottica sees higher Q3 profit, revenue; to pay Cavatorta $6 million

    Milan, Italy –- Specialty eyewear retailer Luxottica Group S.P.A. reported increases in profit and revenue during the third quarter of fiscal 2014. Net income grew 10% to $259.2 million from $236.8 million in the third quarter of the prior fiscal year, while net sales rose 5% to $3.01 billion from $2.85 billion.  
  • Study: Zappos is "simplest" U.S. brand

    New York –- Online footwear retailer Zappos is ranked the simplest brand in the U.S. And that’s a good thing. According to the new Brand Simplicity Index ranking of U.S. brands from brand advisory firm Siegel & Gale, the top 10 list is dominated by retailers. The list includes Amazon.com at number two, Subway (#3), Pizza Hut (#4), Netflix (#5), Trader Joe’s (#6), Kroger (#7), McDonald’s (#8), Chipotle (#9) and Dunkin’ Donuts (#10).
  • Macy’s introduces Holiday Arcade in-store shops

    New York –- For the upcoming holiday season, Macy’s is introducing the Holiday Arcade---in-store gifting shops that will launch at six Macy’s locations from late October through mid-November, including Macy’s South Coast Plaza in Costa Mesa, Calif., Macy’s Union Square in San Francisco, Calif., Macy’s Dadeland in Miami, Fla., Macy’s State Street in Chicago, Macy’s Herald Square in Manhattan, N.Y., and Macy’s Center City in Philadelphia. 
  • Survey: 6 in 10 shoppers ‘showroom’ in store

    Ann Arbor, Mich. -- Fifty-seven percent of consumers use their smartphones to assist shopping activities in store. According to new data from CFI Group's report "Holiday Shopping 2014: Shutting Down the Showroom Effect," which surveyed 1,000 U.S. consumers and is sponsored by EBay Enterprise, 60% of survey respondents compare retailer's prices to their online competitors, while 63% use their phones to check prices at other local stores.  
  • Study: Kate Spade provides best online customer service in September

    New York -- Kate Spade provided the best overall customer service in Sept. 2014. This marks the retailer’s first time topping Stella Benchmarks from customer service research firm Stella Service in 2014. The retailer ranked in every area measured across fulfillment and customer care.   
  • Stylinity enables shoppable selfies

    New York -- Stylinity, a new mobile app letting users share shoppable images and earn rewards for purchases they influence is now available for download on iTunes. Instead of hashtagging brands, users use their iPhones to scan price tags and attach product information to their photos, creating a shoppable link embedded in the image.    
  • Deloitte forecasts a happy holiday, with 9% increase in spending on gifts

    New York -- Shoppers plan to spend more during the upcoming holiday season with omnichannel shoppers having even higher spending expectations. According to Deloitte’s 29th annual holiday survey, total holiday spending is predicted to increase by 13% to $1,299 per household, including gifts, socializing away from home, entertaining at home, non-gift clothing for family or self, home/holiday furnishings, and any other holiday-related spending not in the other categories.  
  • Commentary: Halloween's impact on shopping center and retail industry

    By Mike Kercheval, President and CEO, International Council of Shopping Centers  
  • NPD identifies holiday tech trends

    With technology products at the top of many wish lists this Christmas, The NPD Group’s top analyst covering the product category weighed in with a dozen expectations for the holiday season.

    “The tech industry faces even more intense pricing and promotion than last year’s holiday shopping season,” said Stephen Baker, vice president of industry analysis at NPD. “The challenge of surpassing the impressive start to last year’s holiday season will be addressed head-on by the market’s emphasis on competitive offerings.”

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