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A handmade necklace.
Meaghan O'Malley/Flickr

Nike is cutting its workforce and looking toward customized shoes

Jun 15, 2017
There have been a lot of challenges lately on the playing field for the world’s leading athletic brands. The sporting goods industry, like others in the retail sector, hasn’t been robust. Nike kept growing, though, with strong sales overseas and powerful branding in performance sneakers. But lately, upstart competitor Under Armour has come on fast. […]

All is not gloomy in retail sales

Jun 14, 2017
There are new numbers out today that show just how much we spent on retail last month. And it was not so great. Retail sales were down 0.3 percent, which is the biggest monthly decline in more than a year. Department stores in particular have been struggling, but we wondered if there are any silver […]

Fashion is having a 'model moment'

Jun 8, 2017
Many models are making the switch from wearing clothes to designing them.
Model Gigi Hadid and designer Tommy Hilfiger walk the runway during New York Fashion Week in 2016.
Randy Brooke/Getty Images for Tommy Hilfiger

With lagging sales and consumer demand for discounts, Michael Kors to close up to 125 of its full-price stores

May 31, 2017
In yet another blow to the brick-and-mortar retail business, luxury retailer Michael Kors announced it will close up to 125 of its full-price stores. The company and its competitors have been facing slowing sales as more customers shop online and spend less on apparel.  Michael Kors CEO John Idol announced the store closures in today’s […]

Outlet malls experiment with food and full-price stores to maintain growth

May 12, 2017
Outlets became part of our shopping lives during the recession. Now they're taking on the trappings of full-price malls.
The latest survey on consumer sentiment from the University of Michigan follows news of high inflation earlier in the week.
Kevork Djansezian/Getty Images

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High-end bag maker Coach splurges and buys rival Kate Spade

May 8, 2017
Luxury goods maker Coach announced today it’s splurging. It has agreed to buy rival company Kate Spade for $2.4 billion. Coach has already acquired high-end shoe designer Stuart Weitzman, and with the Kate Spade purchase, it seems it’s on a mission to create a stable of luxury brands. Click the audio player above to hear […]

Plus-size women lose fast fashion option with Lovesick closure

May 3, 2017
Originally launched by Torrid, the brand targeted young plus-size women and teens.
The West Covina location for Torrid’s sister store, Lovesick, with closing signs in the window.
Chris Greenspon
Ivanka Trump's fashion line was pulled from some stores after the election amid a boycott of Trump-branded products. Above, her shoes are on clearance at the Century 21 department store in New York City.
Drew Angerer/Getty Images