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Burberry Sues J.C. Penney For Selling Knockoffs
Burberry Group Plc sued J. C. Penney Co on Tuesday, accusing the US retailer of trademark infringement for selling outerwear that featured exact copies of its famous Burberry check pattern.
Galeries Lafayette Taps Bjarke Ingels for High-Concept Champs-Élysées Flagship
For their new flagship on the Champs-Élysées, a historic avenue that has lost some of its lustre, Galeries Lafayette has hired the avant-garde architects of Google's new HQ.
Robots Behind Drive to Raise Output 50 Percent at Japan's New Factory
Japanese cosmetics maker Shiseido Co. has lofty goals for its first new domestic plant in 37 years: a 50 percent increase in output with a decline in production costs.
J.C. Penney Looking at Sale-Leaseback Deal for Texas Headquarters
Department store operator J.C. Penney Co Inc said it is pursuing a potential sale and partial leaseback of its headquarters in Texas to reduce debt and costs.
Chinese Shoppers in South Korea Shun Luxury for Local Brands
Chinese visitors to South Korea are buying less from global luxury mainstays like Louis Vuitton and Chanel in favour of cheaper homegrown brands, as young, independent travellers make up a bigger share of tourists.
Weak Sales at Kohl's, Ralph Lauren Spark Selloff in Retailers
Ralph Lauren Corp and Kohl's Corp warned of a tough year ahead after reporting disappointing holiday-quarter sales on Thursday, leading investors to dump their stocks and dragging down shares of several other retailers.
Coach Leases Space for Fifth Avenue Store, General Growth Says
Coach Inc. leased space at Manhattan’s 685 Fifth Ave. that will serve as a store for the luxury-handbag maker, landlord General Growth Properties Inc. said Tuesday.
Luxottica Shares Slump Most Since 2014 as Co-CEO Khan Resigns
Luxottica Group SpA shares slumped in Milan after co-chief executive officer Adil Mehboob-Khan resigned, becoming the third leader the company has lost in 15 months.
Shiseido Jumps by Record as Tourist Buying Fuels Gain in Profit
Shiseido Co. surged by the most on record in Tokyo trading after the Japanese cosmetics maker reported that buying by tourists helped fuel profit that beat analyst estimates.
Kate Spade Founders Talk New Accessories Brand
Kate Spade founders Kate Valentine and Andy Spade talk to BoF about their decision to launch new accessories line Frances Valentine, what’s different this time around and the dynamics of a 30-year-long personal and professional partnership.