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.
real-estate
News & Analysis
Macy’s Taps Brookfield to Mine Real Estate Cash as Sales Dip
Brookfield will have the exclusive right for two years to create a development plan for about 50 pieces of Macy’s real estate.
Macy’s Taps Brookfield to Mine Real Estate Cash as Sales Dip
Brookfield will have the exclusive right for two years to create a development plan for about 50 pieces of Macy’s real estate.
News & Analysis
Baltimore OKs Finance Deal For Under Armour CEO's $5.5 Billion Project
Baltimore's city council gave final approval for a $660 million public financing package to help fund a $5.5 billion project for Under Armour chief executive officer Kevin Plank's real estate company, a council spokesman said on Tuesday.
Baltimore OKs Finance Deal For Under Armour CEO's $5.5 Billion Project
Baltimore's city council gave final approval for a $660 million public financing package to help fund a $5.5 billion project for Under Armour chief executive officer Kevin Plank's real estate company, a council spokesman said on Tuesday.
Retail
Macy’s Pullback Imperils $30 Billion of Debt, Morningstar Says
Store closures by Macy’s could hurt more than the mall rats, according to Morningstar Credit Ratings.
Macy’s Pullback Imperils $30 Billion of Debt, Morningstar Says
Store closures by Macy’s could hurt more than the mall rats, according to Morningstar Credit Ratings.
News & Analysis
Coach Signs 20-Year Sale-Leaseback for New York Headquarters
The brand has entered into a 20-year sale-and-leaseback agreement for its headquarters in New York City.
Coach Signs 20-Year Sale-Leaseback for New York Headquarters
The brand has entered into a 20-year sale-and-leaseback agreement for its headquarters in New York City.
Retail
General Growth Sells $1.25 Billion Stake in Fashion Show Mall
General Growth Properties sold a 50 percent stake in Fashion Show, a high-end shopping mall on the Las Vegas Strip, for $1.25 billion.
General Growth Sells $1.25 Billion Stake in Fashion Show Mall
General Growth Properties sold a 50 percent stake in Fashion Show, a high-end shopping mall on the Las Vegas Strip, for $1.25 billion.
Financial Markets
Sports Direct Buys Oxford Street Freehold for Fashion Flagship
Retailer Sports Direct International has announced it will buy the freehold of a property in London's Oxford Street for 108 million pounds for use as a flagship store for its FLANNELS.com fashion brand and offices.
Sports Direct Buys Oxford Street Freehold for Fashion Flagship
Retailer Sports Direct International has announced it will buy the freehold of a property in London's Oxford Street for 108 million pounds for use as a flagship store for its FLANNELS.com fashion brand and offices.
Financial Markets
Prada Store Closures to Offset Openings and Shield Profit Margins
Prada will offset new shop openings with selective closures this year and the next in an effort to shield profit margins from weaker demand.
Prada Store Closures to Offset Openings and Shield Profit Margins
Prada will offset new shop openings with selective closures this year and the next in an effort to shield profit margins from weaker demand.
Retail
Update: Blackstone Denies Seeking to Acquire Brazil Mall Operator
Investment firm Blackstone Group LP on Sunday said it is not considering an acquisition of Brazilian shopping mall operator BR Malls Participacoes SA, denying a report published early in the day by newspaper O Globo.
Update: Blackstone Denies Seeking to Acquire Brazil Mall Operator
Investment firm Blackstone Group LP on Sunday said it is not considering an acquisition of Brazilian shopping mall operator BR Malls Participacoes SA, denying a report published early in the day by newspaper O Globo.
News & Analysis
Macy’s Adds Real Estate CEO to Board to Help With Property Plans
Macy’s Inc. named Four Corners Property Trust Inc. chief executive officer Bill Lenehan to its board, enlisting a real estate expert to help the chain figure out what to do with its properties.
Macy’s Adds Real Estate CEO to Board to Help With Property Plans
Macy’s Inc. named Four Corners Property Trust Inc. chief executive officer Bill Lenehan to its board, enlisting a real estate expert to help the chain figure out what to do with its properties.
Financial Markets
J.C. Penney Looking at Sale-Leaseback Deal for Texas Headquarters
Department store operator J.C. Penney Co Inc said it is pursuing a potential sale and partial leaseback of its headquarters in Texas to reduce debt and costs.
J.C. Penney Looking at Sale-Leaseback Deal for Texas Headquarters
Department store operator J.C. Penney Co Inc said it is pursuing a potential sale and partial leaseback of its headquarters in Texas to reduce debt and costs.
News & Analysis
Coach Leases Space for Fifth Avenue Store, General Growth Says
Coach Inc. leased space at Manhattan’s 685 Fifth Ave. that will serve as a store for the luxury-handbag maker, landlord General Growth Properties Inc. said Tuesday.
Coach Leases Space for Fifth Avenue Store, General Growth Says
Coach Inc. leased space at Manhattan’s 685 Fifth Ave. that will serve as a store for the luxury-handbag maker, landlord General Growth Properties Inc. said Tuesday.
Financial Markets
Einhorn Buys Macy’s Stake Saying It Could Be a Takeover Target
Greenlight Capital, the hedge fund firm led by David Einhorn, said it made a new investment in retailer Macy’s Inc. in the fourth quarter, to "unlock the value" of its land and buildings.
Einhorn Buys Macy’s Stake Saying It Could Be a Takeover Target
Greenlight Capital, the hedge fund firm led by David Einhorn, said it made a new investment in retailer Macy’s Inc. in the fourth quarter, to "unlock the value" of its land and buildings.
The News in Brief
Boohoo’s New Chairman Stirs Controversy as Broker Drops Coverage
The online clothing retailer, which rebranded as Debenhams Group last year, said Friday that Iain McDonald had taken over from Tim Morris with immediate effect in a move aimed at ‘rebuilding equity value.’
Luxury Perfume Line Roja London Acquired by Extravaganza Beauty
Master perfumer and founder Roja Dove will remain with the brand in a new consultancy role.
UK Retail Sales Bounce Back With 0.5% Gain in August
Warm weather and a brighter national mood helped lift spending on clothing and household goods despite rising energy bills.
EssilorLuxottica Gets Rare Sell Call Amid Stock Slump, AI Glasses Concerns
Shares in the eyewear giant, one of Europe's best-rated blue chips, have dropped 55 percent since November, while concerns are mounting over slowing growth and privacy issues for its AI glasses with Meta.
Olaplex Names New CEO
Christoph Kaul will succeed Amanda Baldwin, who led the hair care label through its acquisition by Henkel earlier this year.
Perelel Expands C-Suite, Tapping Rare Beauty’s CMO
Known for its prenatal vitamins, the wellness label has hired Rare Beauty's Ashley Murphy as its chief marketing officer, while Anjelika Temple moves into the chief creative officer role.
Swiss Watch Exports Grow for Fourth Month, Overcoming US Slump
Exports in August were buoyed by China and Japan, despite a sharp decline in shipments to the US.