On Targets High-Teens Growth Through 2029
The Swiss brand revealed its plan to keep up its momentum with new products in sports such as golf and its Mbappé-supported entry into football ahead of its investor day Tuesday.
department-stores
Retail
Op-Ed | Brits' Post-Brexit Retail Therapy Reels From Inflation
Now that post-referendum reality is starting to bite, there is mounting evidence that Britons are reining in their spending.
Op-Ed | Brits' Post-Brexit Retail Therapy Reels From Inflation
Now that post-referendum reality is starting to bite, there is mounting evidence that Britons are reining in their spending.
Retail
Hudson's Bay Exposes Saks Fifth Avenue Customer Info Online
The company posted information including email addresses and phone numbers for customers at Saks as well as identification codes for products that customers signed up for on wait-lists.
Hudson's Bay Exposes Saks Fifth Avenue Customer Info Online
The company posted information including email addresses and phone numbers for customers at Saks as well as identification codes for products that customers signed up for on wait-lists.
Retail
Report: Activist Investor Starboard Exits Macy's Stock
The move gives Macy's incoming chief executive officer Jeff Gennette more space to execute on the company's turnaround plan.
Report: Activist Investor Starboard Exits Macy's Stock
The move gives Macy's incoming chief executive officer Jeff Gennette more space to execute on the company's turnaround plan.
Retail
A Neiman-Saks Merger Would Create Luxury Empire at Risky Moment
The prospect of unifying Saks Fifth Avenue and Neiman Marcus has brought hope and fear to investors.
A Neiman-Saks Merger Would Create Luxury Empire at Risky Moment
The prospect of unifying Saks Fifth Avenue and Neiman Marcus has brought hope and fear to investors.
Retail
How Neiman Marcus Readied Itself for Potential Sale
The Dallas-based retailer restructured its considerable debt to appeal to buyers after yet another disappointing quarter.
How Neiman Marcus Readied Itself for Potential Sale
The Dallas-based retailer restructured its considerable debt to appeal to buyers after yet another disappointing quarter.
Retail
Op-Ed | China's Backlash Against South Korean Firms Won't Hurt a Bit
No matter how much firms may be hurting now, Chinese fans of K-Pop aren't gone for good.
Op-Ed | China's Backlash Against South Korean Firms Won't Hurt a Bit
No matter how much firms may be hurting now, Chinese fans of K-Pop aren't gone for good.
Retail
Ivanka Trump Backlash Didn’t Hurt Nordstrom
Hundreds of thousands of other posts on social media took sides, with pro-Nordstrom opinions slightly outweighing the negative ones. Either way, the buzz fizzled fast.
Ivanka Trump Backlash Didn’t Hurt Nordstrom
Hundreds of thousands of other posts on social media took sides, with pro-Nordstrom opinions slightly outweighing the negative ones. Either way, the buzz fizzled fast.
Retail
Report: Hudson's Bay's Bid for Macy's Stumbles
Macy's is skeptical that Hudson's Bay can raise the necessary financing for its bid, and it is not currently engaged in any negotiations about a possible deal.
Report: Hudson's Bay's Bid for Macy's Stumbles
Macy's is skeptical that Hudson's Bay can raise the necessary financing for its bid, and it is not currently engaged in any negotiations about a possible deal.
Retail
Is Nordstrom's Off-Price Strategy Hurting Its Mainline Business?
The department store chain’s off-price business is booming — but at what cost?
Is Nordstrom's Off-Price Strategy Hurting Its Mainline Business?
The department store chain’s off-price business is booming — but at what cost?
Retail
J.C. Penney to Shut Up to 140 Stores
The closings represent as much as 14 percent of company’s store base and less than 5 percent of total sales.
J.C. Penney to Shut Up to 140 Stores
The closings represent as much as 14 percent of company’s store base and less than 5 percent of total sales.
Luxury
US Luxury Brands Say Bon Voyage as Europe Regains Glow
It is possible US brands could attract European suitors with stronger performances and higher valuations.
US Luxury Brands Say Bon Voyage as Europe Regains Glow
It is possible US brands could attract European suitors with stronger performances and higher valuations.
Luxury
Should Amazon Challenge Hudson’s Bay for Macy’s?
Hudson’s Bay Company is reported to be in early talks to acquire Macy’s, but an Amazon merger could be a better fit.
Should Amazon Challenge Hudson’s Bay for Macy’s?
Hudson’s Bay Company is reported to be in early talks to acquire Macy’s, but an Amazon merger could be a better fit.
The News in Brief
Reference Festival to Host ‘Freie Kunst’ Event at Art Basel Paris
The event runs from Oct. 22 to 25 and will mix participants from art, fashion, music and technology as part of the festival’s tradition of a ‘radical and unhinged exchange of ideas,’ said Mumi Haiati, founder of the event’s organiser Reference Studios.
Amazon Blocks Meta’s Muse AI Agent From Its Retail Site
The e-commerce giant prohibits other companies from deploying automated tools to shop its site and started blocking Meta’s Muse on Sunday night.
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.
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.