Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
department-stores
Retail
Can the American Department Store Be Saved?
After a year of dismal sales growth, closures and bankruptcies, the multi-brand retailers still standing continue to face an uphill battle. Where’s the hope?
Can the American Department Store Be Saved?
After a year of dismal sales growth, closures and bankruptcies, the multi-brand retailers still standing continue to face an uphill battle. Where’s the hope?
Retail
John Lewis Boss to Exit After Weak Christmas Sales
Sales at one of Britain's best known store chains fell by 2 percent during the holiday period.
John Lewis Boss to Exit After Weak Christmas Sales
Sales at one of Britain's best known store chains fell by 2 percent during the holiday period.
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.
Media
Op-Ed | The End of Fashion Establishment Gatekeepers
A top tier of editors, photographers, stylists and buyers once decided which designers and which trends would dictate a season. But that validation no longer carries the same weight with customers.
Op-Ed | The End of Fashion Establishment Gatekeepers
A top tier of editors, photographers, stylists and buyers once decided which designers and which trends would dictate a season. But that validation no longer carries the same weight with customers.
Retail
How Temporary Pop-Ups Became a Permanent Strategy
Once a way to temporarily fill vacant storefronts, landlords and brands alike see pop-ups as a long-term fixture in the retail landscape.
How Temporary Pop-Ups Became a Permanent Strategy
Once a way to temporarily fill vacant storefronts, landlords and brands alike see pop-ups as a long-term fixture in the retail landscape.
Retail
Nordstrom Quarterly Profit Beats Estimates
Nordstrom's upbeat guidance comes in contrast to profit forecast cuts by larger rivals Macy's and Kohl's ahead of the crucial holiday season.
Nordstrom Quarterly Profit Beats Estimates
Nordstrom's upbeat guidance comes in contrast to profit forecast cuts by larger rivals Macy's and Kohl's ahead of the crucial holiday season.
Retail
Macy's Cuts Forecast After Sales Drop
The department store chain posted a 3.5 percent decline in same-store sales for Q3, compared to the 1 percent drop analysts had expected.
Macy's Cuts Forecast After Sales Drop
The department store chain posted a 3.5 percent decline in same-store sales for Q3, compared to the 1 percent drop analysts had expected.
Retail
LVMH’s Latest Brick-and-Mortar Bet
After 15 years and €500 million worth of renovations, LVMH is reopening famous Parisian department store La Samaritaine. But does its 2020 revival make as much sense as it did when the group brokered the deal in 2001?
LVMH’s Latest Brick-and-Mortar Bet
After 15 years and €500 million worth of renovations, LVMH is reopening famous Parisian department store La Samaritaine. But does its 2020 revival make as much sense as it did when the group brokered the deal in 2001?
Retail
Vestiaire Collective Partners With Selfridges for First Permanent Store
The resale platform's segue into physical retail will help boost brand awareness, while the department store will be dipping a toe into the fast-growing $25 billion luxury resale market.
Vestiaire Collective Partners With Selfridges for First Permanent Store
The resale platform's segue into physical retail will help boost brand awareness, while the department store will be dipping a toe into the fast-growing $25 billion luxury resale market.
Financial Markets
Authentic Brands Declares Victory in Barneys Bid, But It's Not a Done Deal
Authentic Brands Group said it had succeeded in its bid for the luxury retailer, but two competing bidders say they are still in the running.
Authentic Brands Declares Victory in Barneys Bid, But It's Not a Done Deal
Authentic Brands Group said it had succeeded in its bid for the luxury retailer, but two competing bidders say they are still in the running.
Financial Markets
Hudson’s Bay to Go Private at $1.45 Billion Valuation
The bid comes as investors hope to reinvigorate the fading 349-year-old department-store chain.
Hudson’s Bay to Go Private at $1.45 Billion Valuation
The bid comes as investors hope to reinvigorate the fading 349-year-old department-store chain.
Retail
Nordstrom Needs New York. Does New York Need Nordstrom?
Nordstrom's massive new women's store, its first in Manhattan, is a big bet on the future of department stores even as some of its rivals are in retreat. But the Seattle-based chain isn't entering the city blind.
Nordstrom Needs New York. Does New York Need Nordstrom?
Nordstrom's massive new women's store, its first in Manhattan, is a big bet on the future of department stores even as some of its rivals are in retreat. But the Seattle-based chain isn't entering the city blind.
The News in Brief
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.
Skincare Brand Prequel Appoints C-Suite
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.
Moncler Group Second-Quarter Sales Rise 5% as Stone Island Brand Outperforms
Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.
Mulberry Quarterly Sales Jump 23% as Turnaround Gathers Pace
The British luxury handbag maker reported a strong start to fiscal 2027 as CEO Andrea Baldo’s strategy gains traction and the brand gears up for designer Christopher Kane’s runway debut in September.
Phillip Lim Announces New Brand PlayLoveWin
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.