THE SPARK: Gap Inc., the owner of The Gap, Old Navy and Banana Republic clothing chains, still expects earnings for the full year to range between $2.52 per share to $2.60 per share. The global businesses at both Gap and Old Navy each posted an increase of 3 percent, while Banana Republic's global division was unchanged from a year ago.» Read More
Fashion designers draw their inspiration from many sources, so the fact that several young designers used the W hotels as their muse for their new collections may not be startling. But you may be surprised to learn that their collections were commissioned by W Hotels Worldwide, which decided to take its presence at Mercedes-Benz Fashion Week from the backstage to centerstage.
Fashion designer Diane von Furstenberg said she expects the fashion industry "surfed the tsunami" and she's very optimistic for the future.
Here's a peek at some of the shows and events surrounding this season's week-long fashion extravaganza.
Fashion's Night Out began last year as the brainchid of Vogue editor Anna Wintour, who felt that stores could coax recession-wary shoppers to spend if they created unique events and excitement. There will be no shortage of that. Retailers and designers are pulling out the stops to woo fashionistas to their events and build buzz around their brands. But will the strategy work?
Fashion is taking yet another trip back in time, beyond the "Mad Men" looks, to the 50s, says Roseanne Morrison, fashion director at the Donegar Group.
Victoria's Secret shut down one of its Manhattan stores after discovering bedbugs inside, making the lingerie and women's apparel retailer the latest merchant in New York City to have problems with the parasites
The trend of counterfeiting goes far beyond fake purses and watches and includes consumer products like baby formula and prescription medicine and industrial products like military components.
The notion that it is a victimless crime is patently false. Counterfeit products victimize almost everyone they encounter, from the assembly line to the cash register.
Counterfeiting is a multi-billion dollar business infiltrating the United States borders at an alarming rate. Watches, handbags, footwear and even medicines are among the top products making up more than $261 million worth of counterfeit products seized at US ports in 2009. And it's a growing problem.
Among the most interesting things I've heard here is a talk on whether Facebook and other social media sites are a good place to sell luxury. Maybe not. While it may be a good way to draw in younger consumers who trust their friends' opinions, there is a sense of "connection fatigue." The most provocative statement of the day: "Maybe offline is the new luxury destination."
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Traders away for the long weekend might have forgotten about these "terrific" companies, Cramer said. Take a second look.
With women growing tired of their over-worn wardrobes and the economy slowly ticking higher, sales of fashion accessories rose 17 percent in the first quarter, after ending the year 10 percent lower in 2009, according to an industry study.
CEO Charles Koppelman explains how product licensing is driving growth for this company.
Remember when denim jeans were a working man's wardrobe? Gloria Vanderbilt and Jordache changed all that over 30 years ago ("You've got the look I want to know better...."). But it hasn't been until the last few years that expensive jeans went from $80 to $280. Now the price is nearing $1,000.
During my recent trip to London, I hosted the CNBC European Business Leader Awards ceremony where a lady by the name of Angela Ahrendts was named Business Leader of the Future. What’s so interesting is that she is the CEO of Burberry.
It’s certainly at the top of the list, all thanks to a fabulous CEO.
Phillips-Van Heusen, the clothing conglomerate that owns Calvin Klein, is near a deal to buy Tommy Hilfiger, once a leading purveyor of colorful preppy clothing, for about 2.2 billion euros, or $3 billion, in cash and stock, people briefed on the matter said Sunday night.
"Alice in Wonderland" opens in theaters today, accompanied by Disney's most wide-ranging array of consumer products ever, chasing an unprecedented broad audience.
High-end fashion is one area that's been holding up better than other areas of retail. But one colleague has discovered its dark underbelly—a trend that may actually be a plot by men to make women miserable.