Today’s Fashion Headlines. November 29, 2011

November 29, 2011 • Fashion, Fashion Blog

D&G adds a new face, Neiman Marcus gets a big jump in profits and Cyber Monday sets records

Dolce & Gabbana Grabs a New Face

Felicity Jones has been named as the new spokesperson for Dolce & Gabbana The Make Up. The 28-year-old British actress will begin appearing in advertising for the brand in January, said a spokesperson for Procter & Gamble Prestige Products, which produces the makeup and fragrance lines under license from Domenico Dolce and Stefano Gabbana. The first product line she will represent is the Khol Collection, which will be released in January.  The image is described as portraying Jones as “an aristocratic, sauvage girl.”

In a statement, the designers said, “representing a heady mix of sensuality, confidence and beauty, Felicity Jones offers a sense of divine contradiction. Classically beautiful yet modern in attitude, her audacious gaze is impossible to ignore.”

Neiman Marcus Get a Boost

Neiman Marcus reported that its quarterly profit nearly doubled on sales of more than $1 billion, despite the fact that stock markets have been gyrating amid the European debt crisis and a failure in Washington to address the US’s ballooning debt. For the quarter ended Oct. 29, Neiman had net income of $48.4 million, up from $25.7 million a year ago.

“The most affluent luxury customer is spending with confidence,” said Neiman Marcus CEO Karen Katz but was quick to note “We do remain concerned with the broader economy and its effects on our customer.”
Cyber Monday also Setting Records
Online sales Monday are expected to top last year’s Cyber Monday total of $1 billion, the record for online sales for a single day. Retailers were seeing double-digit increases all day Monday, which followed equally strong online sales on Thanksgiving Day and over Black Friday weekend.
A survey for by BIGresearch found that 122.9 million Americans planned to shop on Cyber Monday, up from the estimated 106.9 million who shopped in 2010. According to the National Retail Federation, 37.8 percent of shoppers’ total weekend spending went to online purchases, up from 33.3 percent last year. Forrester Research estimated a record $60 billion in online sales for the holiday season, up 15 percent from last year.
“What I’ve heard ancedotally [so far] is that sites are up double digits over last year,” said Forrester Research’s vice president and research director Patti Freeman Evans. “Cyber Monday was the biggest day ever previously. They are already up over their biggest day ever — it’s pretty significant.”
– Taneisha Jordan
Source: NY Post; WWD
Photo: WWD
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