A new study from RedPrairie, The Millennial Report, is designed to help retailers and manufacturers better understand the shopping habits of Gen Y and how to effectively communicate with this group of tech-savvy 18-to-29-year olds.
Lord & Taylor has entered into an exclusive partnership with Lifetime’s "Project Runway" for the television shows’ tenth anniversary season.
Large emerging markets with an active online user base and solid infrastructure offer retailers the greatest e-commerce potential in the near-term, according to a new study by A.T. Kearney’s Global Consumer Institute.
New York -- Michael Kors Holdings Ltd. said Tuesday that its fiscal fourth-quarter net income more than tripled as the company opened new stores and demand grew for its fashions and accessories.
For the three months through March 31, Michael Kors earned $43.6 million, up from $13.6 million in the same quarter last year.
Revenue rose 58% to $380 million, from $240 million. Same-store sales jumped 36%.
Michael Kors opened 71 stores this year, bringing its store count to 237. Retail sales rose 80% to $172.2 million.
Kohl’s, Nordstrom and Target ranked first in their categories in a new survey by Harris Interactive. The 2012 Harris Poll EquiTrend (EQ) study surveyed Americans about brands across several retail segments, revealing which brands prompted them to open their hearts—and consequently—their pocketbooks.