Asos Announces Law Roach as Stylist in Residence
Online fashion retailer Asos has brought on celebrity stylist Law Roach to bring his creative lens and styling approach to its campaigns and recently relaunched magazine.
department-stores
Retail
Saks Fifth Avenue Hits Back at Cartier with $55 Million Countersuit
The department store argues that it's justified in moving Cartier to the basement of its New York flagship, and denies ever assuring the fine jewellery brand that it could keep its ground floor boutique.
Saks Fifth Avenue Hits Back at Cartier with $55 Million Countersuit
The department store argues that it's justified in moving Cartier to the basement of its New York flagship, and denies ever assuring the fine jewellery brand that it could keep its ground floor boutique.
Financial Markets
Neiman Marcus Bondholder Says Company May Be in Default
Investors announced the news after the department store company moved its MyTheresa business into an entity belonging to the retailer's private equity owners.
Neiman Marcus Bondholder Says Company May Be in Default
Investors announced the news after the department store company moved its MyTheresa business into an entity belonging to the retailer's private equity owners.
Retail
John Lewis Profits Evaporate as Struggling Rivals Slash Prices
The group said profit before one-off items slumped 99 percent in first half of 2018, hit by its stores' pledge to match prices at rivals.
John Lewis Profits Evaporate as Struggling Rivals Slash Prices
The group said profit before one-off items slumped 99 percent in first half of 2018, hit by its stores' pledge to match prices at rivals.
Retail
Saks Off 5th Wants in on the Discount Retail Boom
Hudson’s Bay is trying to turn around its discount chain, after it reported falling same-store sales for the seventh time in the past eight quarters.
Saks Off 5th Wants in on the Discount Retail Boom
Hudson’s Bay is trying to turn around its discount chain, after it reported falling same-store sales for the seventh time in the past eight quarters.
Retail
Debenhams Shares Rise After Speculations of Merge with House of Fraser
Shares in Debenhams rose after an outgoing director of Sports Direct said theboard had discussed combining the department store group with House of Fraser.
Debenhams Shares Rise After Speculations of Merge with House of Fraser
Shares in Debenhams rose after an outgoing director of Sports Direct said theboard had discussed combining the department store group with House of Fraser.
Retail
Debenhams Is Not Pursuing Store Restructuring
The British retailer said that while major store closures were an option, the company was not actively pursuing this route.
Debenhams Is Not Pursuing Store Restructuring
The British retailer said that while major store closures were an option, the company was not actively pursuing this route.
Retail
Hudson's Bay and Signa Holding Merge Two German Department Store Chains
The move comes as the department store chains seek to respond to fierce competition from e-commerce players.
Hudson's Bay and Signa Holding Merge Two German Department Store Chains
The move comes as the department store chains seek to respond to fierce competition from e-commerce players.
Retail
Macy's Posts Same-Store Sales Growth
The department store chain reported a surprise rise in quarterly same-store sales, topping estimates for the third straight quarter.
Macy's Posts Same-Store Sales Growth
The department store chain reported a surprise rise in quarterly same-store sales, topping estimates for the third straight quarter.
Retail
Sports Direct Says It Will Keep Most House of Fraser Stores Open
The aim is to keep at least 80 percent of the stores open after Sports Direct rescued House of Fraser from near collapse last week.
Sports Direct Says It Will Keep Most House of Fraser Stores Open
The aim is to keep at least 80 percent of the stores open after Sports Direct rescued House of Fraser from near collapse last week.
Retail
House of Fraser's Future in Doubt After C.Banner Cancels Fundraising
The UK-based department store chain said talks about other possible sources of investment were ongoing, and that an update would be given when appropriate.
House of Fraser's Future in Doubt After C.Banner Cancels Fundraising
The UK-based department store chain said talks about other possible sources of investment were ongoing, and that an update would be given when appropriate.
Retail
Macy's and Kohl's Debt Strengthened on Prime Day
The stores offered their own sales to compete with Amazon's discounting frenzy, but the online giant's server glitches may have also provided a boost.
Macy's and Kohl's Debt Strengthened on Prime Day
The stores offered their own sales to compete with Amazon's discounting frenzy, but the online giant's server glitches may have also provided a boost.
Retail
Hudson's Bay Drops Ivanka Trump's Brand Due to Weak Performance
The Toronto-based company, which also owns Saks Fifth Avenue and Lord & Taylor, will phase out the brand at its namesake chain and website this fall, a spokeswoman said in a statement Friday.
Hudson's Bay Drops Ivanka Trump's Brand Due to Weak Performance
The Toronto-based company, which also owns Saks Fifth Avenue and Lord & Taylor, will phase out the brand at its namesake chain and website this fall, a spokeswoman said in a statement Friday.
The News in Brief
Boohoo’s New Chairman Stirs Controversy as Broker Drops Coverage
The online clothing retailer, which rebranded as Debenhams Group last year, said Friday that Iain McDonald had taken over from Tim Morris with immediate effect in a move aimed at ‘rebuilding equity value.’
Luxury Perfume Line Roja London Acquired by Extravaganza Beauty
Master perfumer and founder Roja Dove will remain with the brand in a new consultancy role.
UK Retail Sales Bounce Back With 0.5% Gain in August
Warm weather and a brighter national mood helped lift spending on clothing and household goods despite rising energy bills.
EssilorLuxottica Gets Rare Sell Call Amid Stock Slump, AI Glasses Concerns
Shares in the eyewear giant, one of Europe's best-rated blue chips, have dropped 55 percent since November, while concerns are mounting over slowing growth and privacy issues for its AI glasses with Meta.
Olaplex Names New CEO
Christoph Kaul will succeed Amanda Baldwin, who led the hair care label through its acquisition by Henkel earlier this year.
Perelel Expands C-Suite, Tapping Rare Beauty’s CMO
Known for its prenatal vitamins, the wellness label has hired Rare Beauty's Ashley Murphy as its chief marketing officer, while Anjelika Temple moves into the chief creative officer role.
Swiss Watch Exports Grow for Fourth Month, Overcoming US Slump
Exports in August were buoyed by China and Japan, despite a sharp decline in shipments to the US.