Zara Billionaire Owner Ortega Buys $550 Million Chicago Tower
Pontegadea Inversiones SL acquired the 51-story One North Wacker in the city’s business district in one of the biggest US office deals this year.

Julian Dunkerton won a bitter battle to rejoin the board in April, prompting the resignation of all its directors.

Retail’s most important metric is something most retailers aren’t even paying attention to.

This week everyone will be talking about Uniqlo's digital ambitions, Dapper Dan's memoir and Fenty Beauty's plans for China. Read our BoF Professional Cheat Sheet.

Britain's high street retailers had a 'washout' June as shoppers worried about the Brexit crisis and did not respond to early summer sales discounts.

Wet May weather kept shoppers out of stores but the budget retailer is driving sales growth by expanding new stores at a breakneck pace.

The retailer's founder Julian Dunkerton rejoined the board in April after a bruising boardroom battle, prompting most of its directors to leave.

Both clothing businesses, which were acquired by the American retail giant in 2017, are unprofitable, according to a report by Vox.

The struggling British shoe store, which was acquired by South African retailer Truworths in 2015, aims to settle a significant portion of its £45 million debt.

The rental service's "drop-off boxes," where subscribers can quickly scan and return rented items, will be placed inside four Los Angeles-based Nordstrom stores.

The British fashion retailer blamed the 'complexity' of reflecting one time lease and store impairment charges, coupled with recent management changes.

June sales were up 12 percent for the world's second-biggest fashion retailer, beating analyst forecasts. Second quarter sales were up 11 percent, beating Inditex's 10 percent.

Retailers are using Amazon’s mid-summer Prime Day as the starting gun for their back-to-school promotions, and a longer shopping season may translate into higher spending.
Pontegadea Inversiones SL acquired the 51-story One North Wacker in the city’s business district in one of the biggest US office deals this year.
Independent creatives can apply to utilise pop-up spaces at Light House to sell merchandise and meet with clientele.
The ultra-fast fashion company said sales had been bolstered by marketing partnerships with music festivals, a pop-up shop on London’s Oxford Street and local Christmas gift events.
The departure of Athleta’s CEO for Lululemon is a chance to ‘reimagine the brand’s path forward,’ Gap Inc. CEO Richard Dickson wrote in an internal memo viewed by Bloomberg.
The department store’s Leeds and Bristol outlets will be converted to the Flannels brand in a shake-up under Mike Ashley’s Frasers Group, which purchased the chain when it was put into administration in mid-August.
Maggie Gauger is joining Lululemon as chief product officer as new CEO Heidi O’Neill looks to revive sales.
The company lost out in its third quarter because of a decision to market baggy jeans over low rise, but still raised its sales outlook for the year.
The Uniqlo owner hit a new record annual profit for the fifth year in a row, boosted by strong results in all regions.