View Post

Charming Charlie to Close 100 Stores; Files Chapter 11

In Industry News, What's New by Lauren Parker, Accessories MagazineLeave a Comment

After announcing its Back to Basics plan to simplify operations (including a more recently announced plan to close 100 stores), retail chain Charming Charlie LLC announced it has filed for Chapter 11 bankruptcy protection, entering into a restructuring agreement with lenders and equity sponsors. The accessories retailer has secured $20 …

View Post

Ultra Violet is Pantone’s 2018 Color of the Year

In Industry News, What's New by Lauren Parker, Accessories MagazineLeave a Comment

Amethyst, get ready: Ultra Violet is the 2018 Pantone Color of the Year. Global color authority Pantone has selected Ultra Violet, Pantone #18-3838, for next year’s key color, considering this “spiritual, cosmic” hue as an “enigmatic purple shade that evokes the inventive spirit and imaginative thinking that challenges the status …

View Post

NPD: Crowded Stores and More Online Buyers, But Thanksgiving Week Spending Fell Short

In Industry News, What's New by Lauren Parker, Accessories MagazineLeave a Comment

The crowds were there but the dollars weren’t…at least not yet. According to NPD’s Checkout e-commerce information, U.S. consumer spending did not match the reports of in-store crowds on Thanksgiving and Black Friday weekend this year, and significant increases in online buyer activity translated into mediocre spending increases on the key …