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Weak Retail Results for October Same-Store Sales

Weak Retail Results for October Same-Store Sales

NEW YORK—The major U.S. retail chains tracked by HFN posted lackluster results for October. Indicating how limp a month it was for the chains, both the TJX Cos. and Kohl’s—which have been logging consistently strong results over a long stretch—had a very forgettable October. TJX’s consolidated same-store sales were flat last month compared with OctoberMore »

Lifetime Brands Posts Income, Sales Gain in Q3

Lifetime Brands Posts Income, Sales Gain in Q3

GARDEN CITY, N.Y.–Lifetime Brands reported double-digit increases in earnings and sales for the third quarter ended Sept. 30, 2010. Consolidated net income grew by 35 percent to $6.6 million, compared to $4.9 million in the prior year quarter. Consolidated net sales were $124.9 million, an increase of 12 percent compared to consolidated net sales ofMore »

Ralph Lauren, Sferra Partner on Upper-End, Hospitality Line

Ralph Lauren, Sferra Partner on Upper-End, Hospitality Line

NEW YORK—Ralph Lauren Home has signed an exclusive license agreement with Sferra Bros. for a collection of bed and bath linens for upper-end retailers and upscale hospitality, resort and spa customers worldwide. The agreement marks the first time Ralph Lauren Home linens will be available to upper-end retailers and the hospitality trade. Included in theMore »

Hollander Inks Deal with Iconix for Waverly Basic-Bedding Line

Hollander Inks Deal with Iconix for Waverly Basic-Bedding Line

BOCA RATON, Fla.—Hollander Home Fashions has signed a license agreement with Iconix Brand Group for a collection of basic bedding branded under Iconix’s Waverly label. The collection will include bed pillows, comforters, mattress pads, blankets, feather beds and fiberbeds, all to be available in both natural and synthetic fills. The retail pricing will be inMore »

HSNi Net Falls 10 Percent in Q3

HSNi Net Falls 10 Percent in Q3

ST. PETERSBURG, Fla.—Net income for multichannel retail company HSNi, parent of HSN and the Cornerstone catalog division, totaled $14.9 million in the third quarter ended Sept. 30, 2010 on a non-adjusted basis, down 10 percent from the third quarter of last year. Included in this bottom-line figure were a $2.5 million sales provision for anMore »

Kies Named CFO of Perfect Fit

Kies Named CFO of Perfect Fit

CHARLOTTE, N.C.—Perfect Fit has appointed Jeff Kies chief financial officer, succeeding David Kennedy, who has left the company to pursue other interests. Kies is responsible for managing the company’s finances along with financial planning, record-keeping and financial reporting. He reports directly to Dan Hammer, president and chief executive officer. Kies’ background includes finance-related positions withMore »

AmericasMart’s Product Center Welcomes Newcomers

AmericasMart’s Product Center Welcomes Newcomers

ATLANTA–The January 2011 Atlanta International Gift & Home Furnishings Market will mark the second anniversary of the grand opening of Building 2 WestWing and an expanded gourmet/housewares permanent product center on floor 8 of the building. The product center includes more than 150 leading gourmet and housewares companies showcasing more than 300 lines. Newcomers toMore »

Browne & Co. Names Ackerson East Coast Sales Manager

Browne & Co. Names Ackerson East Coast Sales Manager

MARKHAM, Ontario–Browne & Co. has appointed Wayne Ackerson East Coast regional sales manager for Browne USA, a new position created to support the new Browne USA consolidated business. Ackerson, who reports to National Sales Manager Deb Flynn, will be responsible for all of Browne USA brands: Cuisipro, Duncan Kitchen Grips and Berard. Wayne has moreMore »