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.
Lord and Taylor
Latest News & Analysis
Retail
Lord & Taylor Files for Bankruptcy
Fashion start-up Le Tote Inc., which also filed for Chapter 11, bought the rights to the company’s stores, brand and e-commerce site from Hudson’s Bay Co. for $71 million last year.
Lord & Taylor Files for Bankruptcy
Fashion start-up Le Tote Inc., which also filed for Chapter 11, bought the rights to the company’s stores, brand and e-commerce site from Hudson’s Bay Co. for $71 million last year.
Retail
Lord & Taylor Explores Bankruptcy
It is one of several options that the retailer and its advisers are exploring, which also include trying to negotiate relief from creditors and finding additional financing, sources said.
Lord & Taylor Explores Bankruptcy
It is one of several options that the retailer and its advisers are exploring, which also include trying to negotiate relief from creditors and finding additional financing, sources said.
Retail
How to Save Lord & Taylor
The retailer reported a loss of $119 million in fiscal 2018, an indication that Lord & Taylor has lost a great deal of its lustre.
How to Save Lord & Taylor
The retailer reported a loss of $119 million in fiscal 2018, an indication that Lord & Taylor has lost a great deal of its lustre.
Retail
Lord & Taylor Is Returning to New York With a Mini Store
The department store will return to Manhattan this holiday season as a temporary, two-week shop, according to a person familiar with the matter.
Lord & Taylor Is Returning to New York With a Mini Store
The department store will return to Manhattan this holiday season as a temporary, two-week shop, according to a person familiar with the matter.
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Retail
Hudson’s Bay Chases Relevance
With millennial shoppers keener to buy online or directly from brands, Hudson's Bay has yet to offer something they can’t find somewhere else and risks drifting into irrelevance.
Hudson’s Bay Chases Relevance
With millennial shoppers keener to buy online or directly from brands, Hudson's Bay has yet to offer something they can’t find somewhere else and risks drifting into irrelevance.
Retail
Lord & Taylor Has a Surprising New Owner. What Happens Now?
Le Tote, a clothing rental service, has acquired the nearly 200-year-old department store chain, betting physical locations and Lord & Taylor's deep roster of brands will help grow the start-up's customer base.
Lord & Taylor Has a Surprising New Owner. What Happens Now?
Le Tote, a clothing rental service, has acquired the nearly 200-year-old department store chain, betting physical locations and Lord & Taylor's deep roster of brands will help grow the start-up's customer base.
Retail
Hudson's Bay to Sell Lord & Taylor to Le Tote for $100 Million
The deal allows the Canadian retailer to divest operations of the struggling Lord & Taylor chain while holding onto the more valuable asset — the real estate on which the stores are located.
Hudson's Bay to Sell Lord & Taylor to Le Tote for $100 Million
The deal allows the Canadian retailer to divest operations of the struggling Lord & Taylor chain while holding onto the more valuable asset — the real estate on which the stores are located.
Retail
Hudson's Bay Posts Wider-Than-Expected Loss
The owner of Saks Fifth Avenue and Lord & Taylor said earlier this week it was evaluating a $1.3 billion go-private cash offer from its executive chairman and other shareholders.
Hudson's Bay Posts Wider-Than-Expected Loss
The owner of Saks Fifth Avenue and Lord & Taylor said earlier this week it was evaluating a $1.3 billion go-private cash offer from its executive chairman and other shareholders.
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Retail
How American Department Stores Plan to Fight Back in 2019
From the battle for Manhattan to the battle for survival, Neiman Marcus, Saks Fifth Avenue, Nordstrom and others may look radically different by the end of the year.
How American Department Stores Plan to Fight Back in 2019
From the battle for Manhattan to the battle for survival, Neiman Marcus, Saks Fifth Avenue, Nordstrom and others may look radically different by the end of the year.
Luxury
Hudson's Bay to Shut Lord & Taylor Flagship
The department store chain said it would sell up to 10 Lord & Taylor stores after reporting a quarterly loss of $308.5 million.
Hudson's Bay to Shut Lord & Taylor Flagship
The department store chain said it would sell up to 10 Lord & Taylor stores after reporting a quarterly loss of $308.5 million.
Retail
Can Walmart Crack Fashion?
Walmart is trying to position itself as a destination for fashion, as it attempts to attract more affluent customers and build an e-commerce presence that can compete with Amazon.
Can Walmart Crack Fashion?
Walmart is trying to position itself as a destination for fashion, as it attempts to attract more affluent customers and build an e-commerce presence that can compete with Amazon.
Retail
Walmart Unveils Lord & Taylor Site as It Tries to Go Upscale
The company is launching the Lord & Taylor store on its website, with more than 125 brands, reflecting its effort to broaden its customer base, drive growth and compete with Amazon.
Walmart Unveils Lord & Taylor Site as It Tries to Go Upscale
The company is launching the Lord & Taylor store on its website, with more than 125 brands, reflecting its effort to broaden its customer base, drive growth and compete with Amazon.
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.