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Beauty

Macy's Teams Up With Grooming Services Provider in Beauty Rush

Macy's will partner with beauty services provider beGlammed to provide at-home grooming and makeup services, as the department store operator focuses on beauty to help arrest a slide in sales.


Retail

Totokaelo Founder Jill Wenger Steps Down

The founder and former chief executive of Totokaelo, which opened an ambitious store in New York last autumn, is exiting the young luxury retailer, shortly after it was acquired by Herschel Capital Corp.


News & Analysis

Can 180 The Strand Become London’s Next Fashion Hub?

The Store founder Alex Eagle is turning 180 The Strand into a space for exhibitions, events and, soon, the offices of Dazed Media and the British Fashion Council.


Retail

V-Grass Fashion Outlines Plan to Rule Chinese Fashion World

V-Grass has an audacious plan to become the Valentino of the Chinese fashion world, and buying a South Korean fast-fashion brand with more than six times as many stores in China is part of its move to get there.


China

Alibaba’s Delivery Service Wants Backers Who Don’t Mind Losses

The company's delivery affiliate Cainiao needs funds to continue its investment in its distribution network, but it only wants the backing of investors who endorse its model of incurring losses to build scale.


News & Analysis

PayPal Reaches Deeper Into China With UnionPay Partnership

PayPal Holdings is joining with China UnionPay Co. in the digital-payments company’s latest global push to find more customers and better position itself in cross-border e-commerce.  


Workplace & Talent

Power Moves | Tory Burch Names CTO, Damien Bertrand to Dior, Tiffany Hires CFO

This week, executive changes at Tory Burch, Tiffany & Co. and Whistles, and Damien Bertrand joined Christian Dior Couture as managing director of its womenswear.


News & Analysis

Michel Bergerac, Who Lost Revlon to Ron Perelman Bid, Dies at 84

Michel C. Bergerac, who led Revlon’s diversification into health care and lost control of the cosmetics maker in a three-month battle with investor Ronald Perelman, has died. He was 84.


China

Alibaba’s Tsai Says Yahoo Stake Rightly Discounted on US Tax

Yahoo's stake in Alibaba Group rightly trades at a discount, according to the Chinese e-commerce giant’s vice chairman, Joseph Tsai, because selling it would trigger a big US tax bill.


News & Analysis

Tiffany Adds Canadian Pacific’s Erceg as Chief Financial Officer

Tiffany hired Canadian Pacific Railway's Mark Erceg as chief financial officer, adding an executive with global and consumer-brand experience to fill a recent vacancy.