retailers - Articles and Posts from StyleList

Gift Card Crackdown

by Bee-Shyuan Chang Tue, Nov 17th 2009

Chances are you still have ununsed gift cards stashed in a drawer somewhere -- and the Federal Reserve isn't too happy about it. According to consulting firm TowerGroup, Americans spent $88.4 billion on gift cards in 2008 yet a whopping $6.4 billion went unused. And that's an improvement from the previous year, when $97 billion in gift cards were purchased but $8 billion weren't redeemed, reports the Wall Street Journal. read more

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Chanel at Costco - Believe It!

by Lisa Marsh Thu, Nov 12th 2009

New York City is all a-Twitter about the opening of its first Costco Warehouse Shopping Club on East 116th Street. But aside from mayo large enough to dress every sandwich in Manhattan, there's another (and more important) reason to flock to Costco -- Chanel and Louis Vuitton handbags! read more

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Juicy Couture to Open Stores in Airports

by Lisa Marsh Thu, Nov 5th 2009

Need a Juicy Couture fix before you fly? No problem. Sky's the limit for Pamela Skaist-Levy and Gela Nash-Taylor of Juicy Couture -- the designer duo is opening a series of Juicy stores in airports around the world. read more

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Liz Claiborne Loses $90 Million in Turnaround

by Lisa Marsh Thu, Nov 5th 2009

Liz Claiborne Inc. is a company in flux. The owner of Kate Spade, Juicy Couture, Lucky Brand and Mexx has been shedding and repositioning brands over the past couple of years with the idea of streamlining the company and becoming profitable. read more

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Holiday Shopping Will Be Down This Year, According to New Poll

by Bee-Shyuan Chang Wed, Oct 28th 2009

Looks like the holiday season may not be the easy way out for troubled retailers. According to a new poll by Zogby International, 45% of holiday shoppers are planning on spending less this holiday season than last, reports WWD. read more

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Not Buying Luxury Goods? Blame Guilt

by Lesley Kennedy Thu, Oct 22nd 2009

Do you feel a little knot in your stomach each time you decide to drop some -- or a lot -- of your hard-earned dough on designer duds? Gulp. You may be experiencing the latest shopping symptom: Buyer's guilt. Guilt, it seems, is seriously hurting sales when it comes to the luxury market, reports the Wall Street Journal. In fact, according to at least one executive, it's the number one thing keeping people from shopping right now. read more