Supergoop Announces Chief Commercial Officer
The sunscreen label has appointed former Coty executive Jamie Parker to the newly created role as it gears up to become a “global skin health company.”
bankruptcy
Financial Markets
J.C. Penney Talks With KKR, Ares, Lenders on Bankruptcy Loan
The plan would be included in a Chapter 11 court filing that could come next week, according to people with knowledge of the matter.
J.C. Penney Talks With KKR, Ares, Lenders on Bankruptcy Loan
The plan would be included in a Chapter 11 court filing that could come next week, according to people with knowledge of the matter.
Retail
J.Crew Says Bankruptcy Is the Reset it Needs. But There Actually Has to Be a Reset.
Just because consumers love the brand doesn't mean they want to buy the clothes.
J.Crew Says Bankruptcy Is the Reset it Needs. But There Actually Has to Be a Reset.
Just because consumers love the brand doesn't mean they want to buy the clothes.
Marketing
The Met Gala That Wasn't
This week, everyone will be talking about the Met Gala that wasn't, big brands on bankruptcy watch and China's sluggish retail sector. Get your BoF Professional Cheat Sheet.
The Met Gala That Wasn't
This week, everyone will be talking about the Met Gala that wasn't, big brands on bankruptcy watch and China's sluggish retail sector. Get your BoF Professional Cheat Sheet.
Retail
J. Crew Mulls Bankruptcy Under Pressure From Debt and Pandemic
A Chapter 11 bankruptcy would allow J. Crew to stay in business, cut its borrowings and close weak stores to minimize costs.
J. Crew Mulls Bankruptcy Under Pressure From Debt and Pandemic
A Chapter 11 bankruptcy would allow J. Crew to stay in business, cut its borrowings and close weak stores to minimize costs.
Retail
The American Department Store's Real-Time Reckoning
This week, everyone will be talking about the impending bankruptcies of several American department store chains, financial results from Tapestry and the success of "essential" retailers. Get your BoF Professional Cheat Sheet.
The American Department Store's Real-Time Reckoning
This week, everyone will be talking about the impending bankruptcies of several American department store chains, financial results from Tapestry and the success of "essential" retailers. Get your BoF Professional Cheat Sheet.
Retail
Lord & Taylor Explores Bankruptcy
It is one of several options that the retailer and its advisers are exploring, which also include trying to negotiate relief from creditors and finding additional financing, sources said.
Lord & Taylor Explores Bankruptcy
It is one of several options that the retailer and its advisers are exploring, which also include trying to negotiate relief from creditors and finding additional financing, sources said.
Retail
Report: J.C. Penney to Hire Advisors as It Mulls Debt Management Options
Brick-and-mortar retailers are struggling to keep up with the shift to online shopping, and the crisis has been exacerbated by the coronavirus outbreak.
Report: J.C. Penney to Hire Advisors as It Mulls Debt Management Options
Brick-and-mortar retailers are struggling to keep up with the shift to online shopping, and the crisis has been exacerbated by the coronavirus outbreak.
Retail
Report: Neiman Marcus Advances Bankruptcy Preparations
The department store began holding confidential discussions this week with bondholders about possible financing that would help the company continue operating while under bankruptcy protection, sources said.
Report: Neiman Marcus Advances Bankruptcy Preparations
The department store began holding confidential discussions this week with bondholders about possible financing that would help the company continue operating while under bankruptcy protection, sources said.
Retail
Barneys Ends Online Sales as It Prepares for New Ownership
The retailer suspended closeout sales on its websites and is transferring the remaining goods to Barneys stores slated to close.
Barneys Ends Online Sales as It Prepares for New Ownership
The retailer suspended closeout sales on its websites and is transferring the remaining goods to Barneys stores slated to close.
Retail
Debt-Laden Merchants Face Reckoning Amid Retail Apocalypse
Some of the most familiar names have already collapsed into bankruptcy or liquidated this year. Among the survivors, fates have diverged.
Debt-Laden Merchants Face Reckoning Amid Retail Apocalypse
Some of the most familiar names have already collapsed into bankruptcy or liquidated this year. Among the survivors, fates have diverged.
Retail
Despite the End of Barneys Itself, a Happy Holidays for Its Retail Workers
Some of the bankrupt store’s still-employed sales associates are determined to stick it out until the end of liquidation, thanks to high commissions and market demand for their skill set.
Despite the End of Barneys Itself, a Happy Holidays for Its Retail Workers
Some of the bankrupt store’s still-employed sales associates are determined to stick it out until the end of liquidation, thanks to high commissions and market demand for their skill set.
Retail
Barneys Bankruptcy Leads to Rare Black Friday Deals
The luxury retailer is offering store-wide discounts of up to 35 percent on brands such as Prada and Bottega Veneta, in a bid to jettison remaining merchandise.
Barneys Bankruptcy Leads to Rare Black Friday Deals
The luxury retailer is offering store-wide discounts of up to 35 percent on brands such as Prada and Bottega Veneta, in a bid to jettison remaining merchandise.
The News in Brief
Mytheresa Owner’s Sales Rise as Ultra Wealthy Keep Shopping
LuxExperience posted a rise in sales as the luxury multibrand platform’s strategy of catering to the ultra wealthy helped it navigate a difficult environment for high-end fashion.
The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.