Bloomingdales news and archive

Macy's posts profit, raises full year forecast

Macy’s For the first quarter, Macy’s Inc. reported diluted earnings per share of 32 cents and adjusted diluted earnings per share of 39 cents. The company said, adjusted diluted earnings per share for the quarter exceeded first quarter 2019 by 4 cents. The company’s posted net income of 103 million dollars. Excluding asset sale gains, comparable...

Retail

Bloomingdale's announces a clothing rental subscription

Bloomingdale's is the latest retailer to throw its hat into the clothing rental ring. The luxury department store has announced that a new subscription service to rent designer womenswear will launch through its e-commerce site in September. Called “My List at Bloomingdale’s," the service will cost 149 dollars per month and allow subscribers to...

Business|ANALISIS Featured

Macys.com and Bloomingdales.com U.S. e-commerce sites hacked

The department store revealed Monday that a third party gained access to accounts on Macys.com and Bloomingdales.com using valid usernames and passwords between April 26 and June 12. Macy’s said that “a small number” of its customers were affected by the breach although didn’t specify how many and said only that the data was obtained from a...

RetailFeatured

How are department stores tackling the retail industry?

As retailers attempt to keep up with the changing industry, some brands seek to open more stand-alone stores, while others shutter in favour of online sales. Department stores have a particularly hard job remaining relevant, multiple alternatives for shoppers including sales direct from brands and online discounts leaves the store itself, the...

Fashion

Sarah Jessica Parker to launch dress collection

Sarah Jessica Parker is adding a little black dress collection to her SJP footwear and accessories line, which will be exclusive to Bloomingdales. The actress announced her latest fashion foray to her 2.8 million followers on Instagram, stating that the SJP LBD line will be a collection of Little Black Dresses designed by her, all of which are “...

RetailFeatured

Hobbs opens first physical stores in Germany

British women’s wear retailer Hobbs has announced its first entry into the German market early Thursday morning via a partnership with premium department stores Wohrl and SinnLeffers. Hobbs move into the physical selling space within Germany builds on from it's growing customer base on its local, German language e-commerce site and further...

Fashion Featured

Spanish fishermen sea's bounty includes plastic for fashion

At sunrise in the fishing port of Villajoyosa in eastern Spain, a fleet of traditional fishing boats sets out on the Mediterranean to hunt for cuttlefish, prawns -- and plastic bottles. Since July Spanish fishing boats have been picking up plastic waste in the Mediterranean which will be recycled into polyester fibres that will be used to make a...

RetailFeatured

Liberty aims for overseas expansion prior to stock flotation

London - Before floating on the London Stock Exchange in 2018, London department store Liberty plans on spreading its wings into international markets overseas once more. The department store is set to launch its home-label merchandise in department stores in the US, Italy and the Netherlands in order to increase the brand's presence. It will...

Fashion

Hobbs teams up with Bloomingdale's to enter the US market

British fashion retailer Hobbs London has teamed up with department store group Bloomingdale's to make its first entry into the US market. This week saw the opening of Hobbs first US store in Bloomingdale's 59th Street store in New York, the first of a series of shop-in-shops to be opened across the country. Nicky Dulieu, departing Chief...

Fashion

Space NK and Bloomingdale's partnership

British beauty apothecary Space NK will be teaming up with upscale department store Bloomingdale’s. The two companies signed an exclusive multi-year arrangement to open beauty boutiques in nine Bloomingdale’s locations across the US beginning in November. The beauty company loved by Keira Knightly and Kylie Minogue, is founded by Belfast-born...