Swan Beauty Names Chief Makeup Artist in Residence
Celebrity-makeup artist Ash K. Holm will join the “smart” mirror brand for a year-long partnership focusing on guidance and education.
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.
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.
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.
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.
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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.
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.
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.
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.
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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.
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.
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.
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.
The News in Brief
Amorepacific Third-Quarter Revenue Rises 11%, Overseas Growth Cools
Revenue growth outpaced the previous quarter in the Korean conglomerate’s domestic market, but slowed internationally.
Hearst Magazines Names Juliana Stock President
Current president Debi Chirichella will be Hearst Magazine’s next chair.
Lilly Raises Sales Forecast, Widening Lead in Obesity Market
Eli Lilly & Co. raised its full-year sales forecast as demand for its blockbuster obesity and diabetes drugs continues to surge, giving the drugmaker more momentum as it expands into pills and develops even more powerful weight-loss treatments.
US to Temporarily Allow Compounding of Six Peptides
The move relaxes rules to access some peptide compounds for recovery, sleep and cognition and will require pharmacies to notify regulators about adverse events.
Adidas Keeps Humming With Apparel, Performance Sports Growth
The German sneaker brand on Thursday reported strong growth in apparel and sports gear, led by running, training and football products, elaborating on preliminary results published last week.
Uniqlo Scraps Price Rise on $2 Socks After Japanese Shopper Outcry
The decision underscores the challenge Japanese retailers face as persistent inflation squeezes household budgets.
Puig Targets €8 Billion in Annual Sales by 2032
Ahead of its first Capital Markets Day in Madrid, the Spanish beauty group has unveiled its “Vision 2032” and detailed its plans to grow its share of the global fragrance market.