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1 Jun

Macy’s Reports Tough First Quarter, Brings Guidance Down

Macy’s Reports Tough First Quarter, Brings Guidance Down
Macy’s Inc., seeing waning consumer demand, reported first-quarter top- and bottom-line declines and has revised its guidance for the yr downward. Net income for the quarter ended April 29 was $155 million, or $0.56 per diluted share, in comparison with $286 million, or $0.98 per share, within the year-ago period. Earnings before interest, taxes, depreciation and amortization got here to $466 million versus $684 million within the year-ago quarter. Net sales of $5 billion were down 7 percent in comparison with $5.35 billion in the primary quarter of 2022. Comparable sales were down 7.2 percent. Brick-and-mortar sales decreased 6 percent versus the primary quarter of 2022, and digital sales decreased 8 percent versus the primary quarter of 2022.  In pre-market trading Thursday, Macy’s stock was...
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30 May

Tommy Hilfiger Brings Prep Classics to Disney for Its

Tommy Hilfiger Brings Prep Classics to Disney for Its
Picture Mickey Mouse as a preppie. For the celebration of Disney’s a centesimal anniversary, Tommy Hilfiger is partnering with Disney for a Disney x Tommy collaboration. For the primary time, Mickey and his friends, akin to Minnie Mouse, Pluto, Goofy, Donald Duck and Daisy Duck, will enter the world of school prep, appearing in Hilfiger’s archival classics. The characters will probably be drawn in manga, the favored Japanese comic cartoon style. The gathering launches globally on Thursday with styles for ladies, men and youngsters. “An iconic anniversary, an iconic brand and a collaboration with their most iconic characters — there isn't a higher option to join fans around the globe in celebrating Disney’s a centesimal anniversary,” said Tommy Hilfiger. “Colliding Mickey and friends...
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20 May

Chanel Brings Senegal’s Textile Artistry to Paris

Chanel Brings Senegal’s Textile Artistry to Paris
From afar, Alassane Koné’s portraits appear composed of coarse brush strokes: Move a little bit closer, and you would swear it’s meticulously arranged straw. In reality, like a lot of the artworks on display at La Galerie du 19M, housed within the Paris hub for Chanel-owned specialty workshops that opened last yr, Koné’s are made with textiles. Ditto the spooky, moss-green figures by artist Cheikha Sigil lording over the doorway of the exhibition “On the Thread: From Dakar to Paris,” which elaborates on Chanel’s cultural exchange with Senegal and affirms the gallery’s ambition to exalt weaving and embroidery on a worldwide scale. Giant textile figures by artist Cheikha Sigil. François Goizé Last December, Chanel made history as the primary European luxury brand to stage...
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18 May

Celine Brings the French Riviera to Harrods

Celine Brings the French Riviera to Harrods
LONDON — The sun and Celine. The luxurious French brand is taking on space on the bottom floor at Harrods for its summer Plein Soleil capsule collection until June 14, with a large window exhibition display and an in-store pop-up. The gathering is inspired by the French Riviera and Saint-Germain-des-Prés, each places dear to the brand’s creative director Hedi Slimane. “Celine is synonymous with understated elegance, and we're honored to host the brand for his or her inaugural London pop-up, a rare and sought-after experience by Hedi Slimane,” said Josie Gardner, head of accessories at Harrods. The pop-up will probably be followed by the launch of Celine’s Haute Parfumerie within the Harrods beauty hall later this yr. Celine Plein Soleil Courtesy of Celine The capsule features Celine...
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