Harsharan Landa: Your Mini Accessory Report

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A Rebecca Taylor piece (or a few) always seem to make it onto our must-have wish list season after season. Something about the way she magically turns her flirty feminine designs into fresh modern ones always results in the perfect balance--never too cutesy, never too much edge, the design scale stays level. For example, check out this drool-worthy bag from her Resort collection. Talk about perfecting the study of contrasts and juxtaposing elements. The old school shape and soft ice blue-grey color seems to act as the perfect compliment to that in-your-face-acid green whip stitch detail. And that fabulously flirty bow? Well, it’s just another reason we swoon.

NEWS // WALMART Q2 PROFIT RISES, U.S. DIVISION 'IMPROVING'

Walmart Inc. posted today a 5.7% increase in its second quarter profits and raised its full year forecast. Its U.S. division, which again saw comparable store sales decline, is heading more positive in the second half, store executives believe.

TRENDS // SEE THIS WEEK'S TREND FINDER

Classification: Jewelry

Bows--From oversized to itty-bitty, bows have tied up the top spot as the perfect lady-like embellishment on accessories of all kinds this season.

Collar Necklaces--Necklaces head upwards this Fall/Winter as collars cuff the neck in a variety of structured and embellished designs.

For more information, see Trend Finder.

Saks Inc. posted today a narrowed second quarter loss as comparable store sales increased, helped by full price selling that's above prerecession levels.

Ever wonder what might happen if you unleashed Lady Gaga at Santa's North Pole workshop? You just may find out this holiday season as Barneys collaborates with the star on concepts, decorations and even gifts.

Urban Outfitters reported Monday that despite a 10% increase in sales, the specialty retailer's second quarter declined, hurt by lower margins and by higher markdowns. Nonetheless, the results beat analysts' forecasts.