The Top 5 Biggest Retail Wins of 2010


Photo courtesy of the Wall Street Journal

Photo courtesy of the Wall Street Journal

Photo courtesy of the Wall Street Journal

5. High-end couture house Lanvin collaborated with H&M on a collection that had lines around the block at every participating H&M location and sold out worldwide

4. Jessica Simpson and Avril Lavigne were declared “Fashion’s Newest Billionaires,” thanks to their many product lines (perfume, clothing, accessories)

3. Despite fashion magazines proclaiming them to be a faux pas, Uggs did better than ever and made over $100 million in 2010’s first quarter

2. Consumers were more willing to splurge on luxury items at stores like Prada – who tripled its sales this year – and Tiffany & Co., after scrimping and saving throughout the recession

1. Holiday spending was at its highest point since 2007, reaching a staggering $584.3 billion in total revenue