Dior to Host Cruise Show in Shanghai
The LVMH-owned megabrand will show its Cruise 2028 line in the Chinese fashion capital on May 14, 2027.
department-stores
Retail
Hudson's Bay Shares Drop on Disappointing Sales
Shares in the department store chain owner fell by more than 6 percent after it reported disappointing quarterly same-store sales figures, hurt by fewer customers shopping in its stores.
Hudson's Bay Shares Drop on Disappointing Sales
Shares in the department store chain owner fell by more than 6 percent after it reported disappointing quarterly same-store sales figures, hurt by fewer customers shopping in its stores.
Retail
US Retail Sales Rebound in April
The rise in retail sales indicates that the struggles of large retail chains, such as Macy's and J.C. Penney's, reflect changes in consumer buying patterns rather than broader economic weakness.
US Retail Sales Rebound in April
The rise in retail sales indicates that the struggles of large retail chains, such as Macy's and J.C. Penney's, reflect changes in consumer buying patterns rather than broader economic weakness.
Retail
J.C. Penney Joins Fellow Department Stores in Retail Malaise
Same-store sales at J.C. Penney fell by 3.5 percent last quarter, and follow the disappointing results from its rivals Macy’s Inc. and Kohl’s Corp., as well as upscale players like Nordstrom Inc.
J.C. Penney Joins Fellow Department Stores in Retail Malaise
Same-store sales at J.C. Penney fell by 3.5 percent last quarter, and follow the disappointing results from its rivals Macy’s Inc. and Kohl’s Corp., as well as upscale players like Nordstrom Inc.
Luxury
Nordstrom Shares Slip as It Fails to Avoid Retail Slump
The upmarket department store chain is suffering from sluggish store traffic and consumers’ growing preference to buy online.
Nordstrom Shares Slip as It Fails to Avoid Retail Slump
The upmarket department store chain is suffering from sluggish store traffic and consumers’ growing preference to buy online.
Retail
Op-Ed | Macy's Downfall Doesn't Spell Doom for All of Retail
Macy's shares tumbled Thursday after the department store chain reported sales had fallen in the first quarter from a year earlier, the ninth such quarterly decline in a row.
Op-Ed | Macy's Downfall Doesn't Spell Doom for All of Retail
Macy's shares tumbled Thursday after the department store chain reported sales had fallen in the first quarter from a year earlier, the ninth such quarterly decline in a row.
Retail
Macy's Shares Tumble After Weak Quarterly Sales
New chief executive officer Jeff Gennette faces declining foot traffic in malls, race-to-the-bottom discounts among his competition, and a shrinking customer base.
Macy's Shares Tumble After Weak Quarterly Sales
New chief executive officer Jeff Gennette faces declining foot traffic in malls, race-to-the-bottom discounts among his competition, and a shrinking customer base.
Retail
Kohl's Profits Helped by Lower Costs, Leaner Inventory
The department store reported a better-than-expected quarterly profit, helped by lower costs and a leaner inventory amid a tough retail environment.
Kohl's Profits Helped by Lower Costs, Leaner Inventory
The department store reported a better-than-expected quarterly profit, helped by lower costs and a leaner inventory amid a tough retail environment.
Retail
Sears CEO Blames Company Woes on 'Irresponsible' Media
Sears warned investors in March there was a chance it may not be able to continue after years of losses and declining sales. Its CEO Edward Lampert blamed its woes on news coverage that he said had been "deliberately unfair."
Sears CEO Blames Company Woes on 'Irresponsible' Media
Sears warned investors in March there was a chance it may not be able to continue after years of losses and declining sales. Its CEO Edward Lampert blamed its woes on news coverage that he said had been "deliberately unfair."
Retail
Report: Hudson's Bay Taps Debt Adviser To Review Neiman Marcus Bid
The move is the clearest indication yet that Neiman Marcus' $4.7 billion debt pile poses significant challenges to a merger with Hudson's Bay.
Report: Hudson's Bay Taps Debt Adviser To Review Neiman Marcus Bid
The move is the clearest indication yet that Neiman Marcus' $4.7 billion debt pile poses significant challenges to a merger with Hudson's Bay.
Retail
News Bites | Serena Rees' New Label, Goop to Pop-Up at Nordstrom
In today's News Bites, Agent Provocateur co-founder Serena Rees announces her new gender-fluid fashion brand, Les Girls Les Boys, and Goop's pop-up stores head to Nordstrom.
News Bites | Serena Rees' New Label, Goop to Pop-Up at Nordstrom
In today's News Bites, Agent Provocateur co-founder Serena Rees announces her new gender-fluid fashion brand, Les Girls Les Boys, and Goop's pop-up stores head to Nordstrom.
Retail
Macy's and Tailored Brands Ends Tuxedo Rental Partnership
Both companies have agreed to wind down operations of a tuxedo rental license agreement, after the initiative did not generate the revenue that they had envisioned.
Macy's and Tailored Brands Ends Tuxedo Rental Partnership
Both companies have agreed to wind down operations of a tuxedo rental license agreement, after the initiative did not generate the revenue that they had envisioned.
News & Analysis
The Department Store Loss Is Off-Price’s Gain
"T.J. Maxx and Burlington could snag $1 billion from Macy’s and JCPenney closures."
The Department Store Loss Is Off-Price’s Gain
"T.J. Maxx and Burlington could snag $1 billion from Macy’s and JCPenney closures."
The News in Brief
Oura Seeks $2.2 Billion in US IPO
The smart ring maker plans to market 50 million shares for $40 to $44 each, according to filings, which could value the company as high as $14.1 billion.
PR Agency CGC Launches Performance Media Division
Known for its premium beauty clients including Glossier and Hermès Beauty, the agency’s new division combines influencer marketing and AI insights.
The Commercial Case for Cooling Bangladesh’s Garment Factories
Investments to reduce heat stress for garment factory workers can pay for themselves within four years, a new report from Cornell University's Global Labor Institute finds.
Botswana Seeks Bigger De Beers Stake
Diamonds have underpinned the African country's economy since their discovery there in 1967.
Converse CEO Pledges Review Over Ad Critics Say Evoked KKK
The head of Converse promised to review internal processes and told employees he will make any necessary changes in an internal memo seen by Bloomberg.
Model Presley Gerber, Cindy Crawford’s Son, Dies Aged 27
The model had spoken publicly about a years-long struggle with depression and addiction.
Asos Names Law Roach ‘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.