December 28, 2013
WWD highlights the 10 must-read stories of the week.
1. Pols Seek Accountability in Target Data Breach
The fallout continues from the Target Corp. cybersecurity breach.
2. Discounts Lure Post-Holiday Shoppers
Returns, steeper markdowns and racks of designer discounts brought out the crowds Thursday, in a big post-Christmas rush to the stores.
3. Prada's Patrizio Bertelli Bullish on 2014
During a Friday conference call discussing Prada’s financial results, Bertelli lamented the “sale bargains and markdowns” that are pervasive in the U.S., while also expressing confidence about his firm’s prospects for 2014.
4. Sanctions Aside, Myanmar Still Problematic
Any rosy outlook for the industry is hampered by the country’s woeful infrastructure, high electricity costs and a shortage of skilled workers needed to fuel productivity.
5. Study Finds Nordstrom Again Top Fashion Retailer
Nordstrom Inc. maintained its status as the nation’s favorite fashion retailer as value retailers made progress in Market Force Information Inc.’s year-end retail preference study.
6. Retailers Banking on Next 10 Days
Though Christmas has passed, retailers aren’t giving up on a holiday season that was both strange and challenging.
7. Outlook Unchanged After 'Super Saturday'
In a surge of late gift shopping, “Super Saturday” proved to be bigger than expected, raising hopes that retailers can make their holiday revenue goals.
8. They Are Wearing: New York Out Cold
Mercurial weather made for some interesting sartorial choices as shoppers descended upon the city for pre- and post-holiday treats.
9. Man of the Week: The Year in Review
A look back at the year’s sartorial hits and misses, from Dante de Blasio’s votes-winning afro to President Obama’s whiff on the links.
10. Spring 2014 Accessories Trend: Prime Cuts
Spring's leather accessories get the light-as-air treatment with beautifully intricate laser cuts.