Laopu Gold Growth Slows as Bullion Slide Hits Luxury Demand
The Chinese jewellery maker’s revenue increased 60 percent to $2.9 billion during the the six months ended June.
stores
Workplace & Talent
The Chief Supply Chain Officer is the New C-Suite Star
Big brands are beefing up their executive ranks with experts who can ensure increasingly complex supply chains operate smoothly and sustainably.
The Chief Supply Chain Officer is the New C-Suite Star
Big brands are beefing up their executive ranks with experts who can ensure increasingly complex supply chains operate smoothly and sustainably.
Retail
Retailers Have Sky-High Expectations for Black Friday. Will Shoppers Show Up?
This week, everyone will be talking about Black Friday, earnings from Abercrombie & Fitch and other mall brands, plus House of Gucci
Retailers Have Sky-High Expectations for Black Friday. Will Shoppers Show Up?
This week, everyone will be talking about Black Friday, earnings from Abercrombie & Fitch and other mall brands, plus House of Gucci
Retail
Macy’s Says It Is Working With Alixpartners to Review Its Business Structure
Macy’s Inc said on Thursday it is working with consulting firm AlixPartners to review its business structure, just a month after activist investor Jana Partners urged the department store chain to sell its e-commerce business.
Macy’s Says It Is Working With Alixpartners to Review Its Business Structure
Macy’s Inc said on Thursday it is working with consulting firm AlixPartners to review its business structure, just a month after activist investor Jana Partners urged the department store chain to sell its e-commerce business.
Retail
House of Fraser to Close London Flagship Store
Parent company Frasers Group — formerly known as Sports Direct — announced on Thursday that the department store had been served notice by its landlord who has received planning permission to redevelop the site.
House of Fraser to Close London Flagship Store
Parent company Frasers Group — formerly known as Sports Direct — announced on Thursday that the department store had been served notice by its landlord who has received planning permission to redevelop the site.
Retail
Walmart Raises Hourly Wages $1 For Over Half a Million US Workers
Walmart Inc said on Thursday that it plans to raise wages for more than 565,000 U.S. store workers by at least $1 an hour, as the all-important
Walmart Raises Hourly Wages $1 For Over Half a Million US Workers
Walmart Inc said on Thursday that it plans to raise wages for more than 565,000 U.S. store workers by at least $1 an hour, as the all-important
Retail
Nordstrom Raises Revenue Forecast as Customers Return to Stores
Nordstrom Inc raised its fiscal 2021 revenue forecast on Tuesday, as Americans buy more apparel and footwear at its stores following the easing of
Nordstrom Raises Revenue Forecast as Customers Return to Stores
Nordstrom Inc raised its fiscal 2021 revenue forecast on Tuesday, as Americans buy more apparel and footwear at its stores following the easing of
Retail
How to Stage Immersive Experiences in Physical Stores
Ssense’s Krishna Nikhil and 2PM’s Web Smith talk strategies for making physical retail exciting at The BoF Professional Summit: What’s a Store For?
How to Stage Immersive Experiences in Physical Stores
Ssense’s Krishna Nikhil and 2PM’s Web Smith talk strategies for making physical retail exciting at The BoF Professional Summit: What’s a Store For?
Luxury
Selfridges’ Andrew Keith on Post-Pandemic Retail
The managing director of Selfridges discusses the future of the British department store at The BoF Professional Summit: What’s a Store For?
Selfridges’ Andrew Keith on Post-Pandemic Retail
The managing director of Selfridges discusses the future of the British department store at The BoF Professional Summit: What’s a Store For?
Retail
Debenhams Closes UK Outlet Doors for Last Time, BBC Reports
Debenhams Plc is closing its remaining 28 outlets in the UK on Saturday, the BBC reported.
Debenhams Closes UK Outlet Doors for Last Time, BBC Reports
Debenhams Plc is closing its remaining 28 outlets in the UK on Saturday, the BBC reported.
Retail
Amazon Go Rival Bets Pandemic Bolstered Case for Cashierless Shopping
A start-up selling Amazon Go-like checkout technology to retailers has raised money from investors at a $1 billion valuation, minting a new unicorn a year into a pandemic that has helped bolster the case for automated checkout.
Amazon Go Rival Bets Pandemic Bolstered Case for Cashierless Shopping
A start-up selling Amazon Go-like checkout technology to retailers has raised money from investors at a $1 billion valuation, minting a new unicorn a year into a pandemic that has helped bolster the case for automated checkout.
Retail
Debenhams Set to Shut Down, Threatening 12,000 Jobs
The closure of one of Britain’s oldest department stores is another severe blow for the high street following the collapse of Arcadia.
Debenhams Set to Shut Down, Threatening 12,000 Jobs
The closure of one of Britain’s oldest department stores is another severe blow for the high street following the collapse of Arcadia.
The News in Brief
Target Shares Fall After Pulling Halloween Costume Evoking Blackface
The retailer previously sparked calls for a boycott in early 2025 after it pulled back from its diversity initiatives as Donald Trump returned to the White House.
US Consumer Confidence Hits Seven-Month Low on Worse Outlook
Looking ahead, consumers surveyed by the Conference Board expressed negative sentiment towards future job and income prospects.
Dick’s Sporting Goods Cuts Annual Forecasts as Demand Weakens
The sports retailer cut its full-year sales and profit forecasts as a cautious consumer environment hit demand for athletic apparel and sporting goods.
EssilorLuxottica Founder’s Son Quits Management Roles After Reported Rift With CEO
Leonardo Maria Del Vecchio is stepping down as chairman of the Ray-Ban brand and as chief strategy officer, the company said, after reports of tensions with CEO Francesco Milleri.
Avon North America Acquired By Regent, Appoints New CEO
The legacy beauty brand's US and Canada divisions will join the investment firm's portfolio, which also includes Avon International.
Shein’s Purchase of Everlane Faces US National Security Review
A review by an interagency panel led by the US Treasury Department began after the $80 million transaction was completed in May, according to the people familiar with the matter.
Shein Sets IPO Date, Targets Up to $27 Billion Valuation
The company is set to debut on the Hong Kong stock exchange on Sept. 1 and is seeking to raise as much as $1.8 billion in its long-awaited IPO, according to a filing.