Nordstrom
Proenza Schouler Gets Down to Business With Second, More Casual Label
Jack McCollough, Lazaro Hernandez and Judd Crane tell BoF how Proenza Schouler White Label (PSWL) will open the brand to a broader audience.
Hudson’s Bay Company CEO Jerry Storch Is Leaving
Executive chairman Richard Baker will step in to lead the department store group as it continues on a cost-cutting transformation plan.
The Trouble With Digital Advertising
Marketers are following consumers online, but digital advertising presents a host of problems for fashion brands.
Nordstrom Lenders Demanded Interest Rate the Family Couldn't Pay, Say Sources
Nordstrom's founding family needed roughly $7 billion to take the department store private, with lenders thought to have demanded twice the average borrowing cost for typical retailers.
Op-Ed | Wall Street Wisely Makes Nordstrom Wait `Til Next Year
The Nordstrom family intends to pick up where it left off after the holidays, at which point lenders will be able to price debt with a better understanding of how the company's Nordstrom Local experiment is panning out.
Nordstrom Pauses Search for Buyout Partner
The Nordstrom family is no longer actively looking to close on a sale this year but will resume after the holiday season ends.
Amazon Said to Make Sportswear Push in Industry-Jolting Move
It is unwelcome news for activewear companies already struggling to stand out in a sea of competition and discounts.
Making Sense of The Dior Gap
While critics are largely dismissive of Maria Grazia Chiuri’s Dior, her work is driving positive sales momentum, reflecting the rise of today’s direct-to-consumer reality.
What Goes Into Making Everlane's Earth-Friendly $68 Pair of Jeans
It took Michael Preysman, Everlane's founder, two years to find a manufacturing facility with the right eco credentials.
What Shrinking Store Counts Say About the Luxury Industry's Future
For the first time ever, net luxury store growth over the last 12 months was negative with more closures than openings.