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Financial Markets

Saks Woes Send Hudson’s Bay Tumbling After Third-Quarter Loss

Department-store operator Hudson’s Bay Co. fell the most in more than three months after posting an unexpected third-quarter loss, hurt by reduced spending from tourists at its Saks Fifth Avenue chain.


News & Analysis

Publicis Loses Another Media Account as L’Oreal Switches to WPP

L’Oreal SA’s North American unit has switched its media planning and buying to WPP Plc, dealing another blow to Publicis Groupe SA in the region after Procter & Gamble Co. moved its account earlier this week.


Global Markets

Jeweller’s World-Beating 381% Indian Rally Drubs Tiffany in Slump

While a strengthening dollar and an economic slump in China are battering stocks of jewellers from Tiffany & Co. to Chow Tai Fook, one company in India is predicting a demand pick-up after gold slid to a five-year low last week.


News & Analysis

Cartier's Watches Lose Their Sparkle in China

Cartier, in terms of combined sales, generates more than two thirds of profits for Swiss parent Richemont, but watch revenues have dwindled relentlessly while jewellery sales have boomed.


News & Analysis

Krizia Fashion Brand Founder Maria Mandelli Dies at 90

Designer Maria Mandelli, who founded fashion house Krizia, has died at the age of 90.


News & Analysis

American Apparel Founder Hires Investment Bank to Pursue Bid

American Apparel Inc. founder Dov Charney is working with a small investment bank on a potential bid to buy the clothing retailer out of bankruptcy.


Financial Markets

Uniqlo Operator Fast Retailing Prepares $2 Billion Bond Sale

Billionaire Tadashi Yanai’s Fast Retailing Co., operator of the Uniqlo apparel brand, is preparing to sell as much as 250 billion yen ($2 billion) of bonds next week in its first public debt offering.


Workplace & Talent

Role Call | Christian Lahoude, Architect

Christian Lahoude, architect and founder of Christian Lahoude Studio, says "good retail design is when a space makes you feel something that connects with the brand."


Financial Markets

Fast Retailing Hits Two-Week Low as Warm Winter Hurt Japan Sales

Fast Retailing Co. fell to the lowest in two weeks after its Uniqlo chain of casual-wear reported a dip in Japanese same-store sales last month amid “unusually hot weather” that stifled sales of winter clothing.


Financial Markets

Short Sellers Shopped for Macy's Stock Ahead of Black Friday

Short sellers shopping for overpriced stocks snapped up shares of beleaguered department store Macy's heading into Black Friday.