Eli Lilly to Offer Early Access to Next-Gen Obesity Drug to Some Patients
Eli Lilly said on Monday it would allow a limited number of patients to have early access to its experimental obesity drug, retatrutide, before its US FDA approval.
department-stores
Financial Markets
Hudson's Bay Targeted by Activist Investor Land & Buildings
Land & Buildings Investment Management, which owns 4.3 percent of Hudson's Bay, urged it to unlock the value of its real estate portfolio and explore a take-private transaction.
Hudson's Bay Targeted by Activist Investor Land & Buildings
Land & Buildings Investment Management, which owns 4.3 percent of Hudson's Bay, urged it to unlock the value of its real estate portfolio and explore a take-private transaction.
Luxury
Should Condé Nast Sell Itself?
With the demise of Style.com, the media giant has proven unable to tap the ‘tipping point’ in e-commerce. Now the same digital tsunami is coming for its core.
Should Condé Nast Sell Itself?
With the demise of Style.com, the media giant has proven unable to tap the ‘tipping point’ in e-commerce. Now the same digital tsunami is coming for its core.
Luxury
Neiman Marcus Shelves Plans For a Sale
The upscale retailer said it had terminated any talks regarding a partial or full sale of the company, nearly three months after embarking on a plan seeking strategic alternatives.
Neiman Marcus Shelves Plans For a Sale
The upscale retailer said it had terminated any talks regarding a partial or full sale of the company, nearly three months after embarking on a plan seeking strategic alternatives.
Retail
Report: Nordstrom Family Launches Search for Buyout Partner
The Nordstrom family is talking to buyout firms about raising $1 billion to $2 billion to fund a potential bid to take the department store group private, according to people familiar with the matter.
Report: Nordstrom Family Launches Search for Buyout Partner
The Nordstrom family is talking to buyout firms about raising $1 billion to $2 billion to fund a potential bid to take the department store group private, according to people familiar with the matter.
Retail
Op-Ed | Why Nordstrom Will Go Private on the Cheap
Members of the Nordstrom family are considering buying out their fellow shareholders and taking the retailer private.
Op-Ed | Why Nordstrom Will Go Private on the Cheap
Members of the Nordstrom family are considering buying out their fellow shareholders and taking the retailer private.
Retail
Nordstrom Family Exploring Deal to Take Retailer Private
Members of the controlling Nordstrom family have formed a group to consider taking the company private.
Nordstrom Family Exploring Deal to Take Retailer Private
Members of the controlling Nordstrom family have formed a group to consider taking the company private.
Luxury
The Business of Cruise: Go Big or Go Home
While some smaller labels are abandoning Cruise shows altogether, luxury megabrands continue to pour up to $10 million into elaborate spectacles. Is it worth the investment?
The Business of Cruise: Go Big or Go Home
While some smaller labels are abandoning Cruise shows altogether, luxury megabrands continue to pour up to $10 million into elaborate spectacles. Is it worth the investment?
Retail
Sears Posts First Profit Since 2015
Sears shares rose by as much as 27 percent in early trading after the company posted its first quarterly profit since 2015, bringing a ray of optimism to a retail chain struggling to regain its relevance.
Sears Posts First Profit Since 2015
Sears shares rose by as much as 27 percent in early trading after the company posted its first quarterly profit since 2015, bringing a ray of optimism to a retail chain struggling to regain its relevance.
Retail
What's Next for DKNY?
After acquiring DKNY for $650 million, apparel firm G-III has cut a series of deals that could initially raise brand awareness and sales, but ultimately damage the label's premium image.
What's Next for DKNY?
After acquiring DKNY for $650 million, apparel firm G-III has cut a series of deals that could initially raise brand awareness and sales, but ultimately damage the label's premium image.
Retail
A Wall Street Dealmaker's All-In Bet on Retail
At at time when the long, slow death of retail is accelerating, private equity investor Stefan Kaluzny runs the risk of staking his $3.5 billion firm to an industry that might just be doomed to fail.
A Wall Street Dealmaker's All-In Bet on Retail
At at time when the long, slow death of retail is accelerating, private equity investor Stefan Kaluzny runs the risk of staking his $3.5 billion firm to an industry that might just be doomed to fail.
Retail
J.C. Penney Is Having a Serious Wardrobe Malfunction
All clothing categories at J.C. Penney — men’s, women’s, and kids — posted negative comparative store sales for the quarter.
J.C. Penney Is Having a Serious Wardrobe Malfunction
All clothing categories at J.C. Penney — men’s, women’s, and kids — posted negative comparative store sales for the quarter.
Retail
Sinking Department Store Sales Herald 'Do-More-With-Less' Era
With consumers increasingly fleeing department stores for Amazon.com Inc. and specialty shops, the former stewards of retail are scrambling to adapt.
Sinking Department Store Sales Herald 'Do-More-With-Less' Era
With consumers increasingly fleeing department stores for Amazon.com Inc. and specialty shops, the former stewards of retail are scrambling to adapt.
The News in Brief
India’s Nykaa Posts Higher Quarterly Profit on Strong Beauty Demand, Fashion Growth
India’s FSN E-Commerce Ventures, which operates beauty and fashion retailer Nykaa, reported a more than three-fold rise in quarterly profit on Tuesday, boosted by strong growth in its beauty business and a sharp acceleration in fashion sales.
Ferragamo Returns to Profit as Relaunch Strategy Advances
The Italian luxury brand swung to a net profit for the first half after growing sales in the second quarter, with turnaround efforts particularly evident in its directly owned shops.
Shein Seeks $30 Billion to $40 Billion Valuation for August IPO, Sources Say
The valuation target marks a dramatic reset for Shein, which plans to launch its IPO as early as mid-August, three people familiar with the matter said.
Zalando Narrows Profit Outlook, Sees Growth at Lower End of Range
The online fashion retailer said 2026 revenue and growth will land in the lower half of its previously guided range and narrowed its adjusted operating profit outlook.
Nivea Maker Beiersdorf Cuts Guidance for 2026, Citing Market Conditions
Beiersdorf trimmed its full-year guidance on Monday on slower-than-expected recovery at its core brand Nivea and other economic headwinds.
Soshe Launches at Ulta Beauty
The refillable clean makeup brand will enter the complexion category as it makes its debut across over 700 Ulta Beauty doors.
Shein Said to Weigh Cost Reset for Late Backers Before IPO
The retailer is considering lowering the investment cost for late backers who came in at a valuation of up to $64 billion as it prepares to list at a much lower value, people familiar with the matter said.