Coach Inc, maker of leather handbags, briefcases and other accessories, accused Kmart Corp in a lawsuit of illegal counterfeiting by selling luggage with a look too similar to a pattern it has trademarked.
Shoe and hat retailer Genesco Inc's fourth-quarter profit beat market expectations, driven by strong sales of its Hatworld brands, direct-to-consumer catalog and e-commerce businesses, and the company reaffirmed its fiscal 2011 forecast.
For a shoe brand, there's a lot to love about toning footwear. Potential annual sales of $1 billion and growing, shoes selling at double the average price, and a huge market of walkers looking to shape up.
Italian fashion brands Roberto Cavalli and Salvatore Ferragamo have seen double-digit growth in sales at their own stores in the first two months of the year, signaling improvement in the crisis-hit luxury goods market.